Assist to buy new tent for my business

Charles

Nyahururu,kenya, Kenya

100% 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

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 clear for the purchase of a new Tent of 100 seater,the one that i heard got stolen and i have been hiring ,already i have paid for the down payment for the tent makers to continue with the work of making for me the Tent.the remaining cost is 100 USD, this loan will be of importance to me because after clearing the balance i will have the new tent with me ,and the burden of hiring tent from my friends will end making me have good money for me and the business.
i will use the profits to improve my family livelihood through quality food, take an 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

Dec 17, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

Kitty

Hailsham, United Kingdom

I

Ian

United Kingdom

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