Beauty shop stock

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

March 2014

On-time repayments

75 installments  •  43%

About Me

I am an economist by training and very passionate about business. I run my own business called Bookwidge Partners.

I am an information technology practitioner (I do websites, I also repair laptop and desktop computers, printers, tabs, networking and Apple Macintosh; and printing). I am also doing taxation at post graduate level and advise on tax issues.

With new financing models, I believe I will be able to grow myself out of the typical banking model that's so rigid, so that I can be competitive at what I do. Zidisha offers me that opportunity.

I have an ongoing beauty/cosmetics business that I started with a first loan from Zidisha and I want to rebuild my profile so that I can get new financing opportunity from Zidisha. I want to build on that goodwill to run this venture into the same profitability.

My Business

I am emerging from the pandemic with fresh ideas to build an online presence and take advantage of work tax matters. I want to establish an office as opposed to working from client premises.

When we market we need a safe place to work from. Most of the time when I market our business clients want to know where I work from - I can't tell them I work from home they will think I'm lazy. SO we want to have a central place where we all can work from.

This loan from Zidisha is seed capital to get us started. I will repay and scale up to a point of being our alternative source of capital for our growth.

Loan Proposal

I cannot say how glad I was when my first Zidisha loan came through. It was a pleasant surprise for me, am very greatful. My priority is a long term relationship with my lenders on this platform so that I have alternative business financing mechanism.

The disbursement helped me purchase a few items in our beauty shop, though we are yet to officially open business because of legal issues (business permits). We remain hopeful it will be done in the next few days.

This new loan will help me continue the stocking as well as help me advance my lending portfolio on Zidisha. I will prudently invest and account for every Zidisha loan. I understand a loan is not free money. I promise not to let any of my financiers down, because Im seeking a long term engagement and success.

With Zidisha, I know I shall be successful.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Mar 11, 2015

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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