Assist to buy more new chairs for my business

Charles

Nyahururu,kenya, Kenya

38% repaid

Entrepreneur

Name

Charles

Member since

March 2015

On-time repayments

90 installments  •  27%

About Me

My name is Charles Njuguna born in Nakuru Town in a family of four children. I have spent my childhood life within Nakuru town,i started my pre school at Bondeni nursery school,i later joined Crater Primary School where i sat for my Kenya Certificate of Primary Education (KCPE) then proceeded to Njoro Boys Secondary school where i sat for my Kenya Certificate of Secondary Education (KCSE).

After completing my Secondary education i couldn't proceed to University nor college due to lack of tuition fees. i began engaging in community work, church activities and volunteering with charitable organizations.
I love meeting new friends for building networks,reading the Bible and watching football.

My Business

My business entails highering of seats and tents for various occasions and even to churches,I have been to this business for the last 2 years .When i started this business i had 20 seats only,now the business has grown to atleast 90 seats ,two tent of 100 seater .To be able to compete with other people who do the business as mine ,i have produced business cards bearing my contacts and the location of the business.Since i moved to this place from Nakuru Town ,i have established a good relationship with locals and the heads of Schools and Churches so that they can be highering my services ,which they do and also they refer my business to their friends from different locations.
This business is not so involving and it allows me to do other duties in the community therefore they come in handy for me.
The costs for running this business include transport,workers and cleaning detergent.Income from this business provides me with money for food, medical, and school fees for my family and general upkeep.

Loan Proposal

Assist to buy new chairs for my business

I take this moment to thank the entire Zidisha Team and lenders for the great help they have extended to my business,for this particular loan i am going to buy new Chairs at cost USD 5 per Chair * 20 Chairs totaling to 100 USD, this loan will be of importance to me because after buying the chairs i will have added to number of chairs i have minimizing the need to hire the chairs,making me have good money for me and the business.
i will use the profits to improve my family livelihood through quality food, continue paying for insurance cover for my business goods and pay school fees for my kids as well as restock my business with new chairs ,payment of my loan ontime and also do some savings.Thank you and welcome lenders to support my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

Apr 22, 2016

Repayment status

Late

Projected term

10 months

Lenders

Kitty

Hailsham, United Kingdom

G

guenter

Bremen, Germany

DR

Daniel R

Berlin, Germany

G

GinnyT

United States

PG

Paul Graham

United States

J

JMK

United States

Thomas

Sweden, Sweden

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Ask Charles a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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