Branded shopping bags

Cornelius

Kilgoris, Kenya

100% repaid

Entrepreneur

Name

Cornelius

Member since

March 2018

On-time repayments

4 installments  •  50%

About Me

I'm Cornelius O'brien aged 40 from Nakuru, Kenya. I'm married and blessed with four children, two daughters and two sons. I have a diploma in IT and certified fiber optic technician.

My Business

I run a carwash business as my main business within the city. I occasionally offer fiber optic installation within my community. Most people here have limited access to internet resources, which is slowly picking up.
Likewise, branding and digital marketing is becoming a great way to reach more customers. Thus, we've teamed up with other professionals to create a tech company to bring food security and climate change solutions in our community.

Loan Proposal

The demand for shopping bags is too large and we are seeing a potential to tap into the growing demand for banded bags for supermarket and malls. We are in the process of acquiring a cheap printing machine for our shop to brand the bags and be able to generate more revenues.
The Loan will be used to purchase a heat press printing machine to help us Brand our shopping bags as well as increase our inventory.
Printing Press Equipment Ksh. 20,000 ($200)
Shopping Bags Materials Kshs. 35000 ($350)
Staff to Produce the Bags Kshs. 25000 ($250)
Printer and Sublimation Ink Kshs, 20000 ($200)
The branding unit will generate enough amount from our existing clients who have requested a branding of their products.
The department will also be able to offer training to youths at a subsidized fee, after which the youths will have gained skills in branding and making of shopping bags to help them start and run a successful production for other shopping bags and other products like Branded Mugs, T-Shirts, Caps, Plates etc.
The total amount requested for the unit to be setup is Shs.100000 ($1000).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Apr 7, 2018

Repayment status

On Time

Projected term

1 week

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Cornelius    Nov 15, 2022

    Thanks Zidisha, I received the money and have designed the banner, waiting printing and delivery , will update soon.
    Thanks alot

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  • Cornelius    Nov 14, 2022

    Thanks for visiting my profile, I have moved to another city, Nakuru, City after the Covid-19 pandemic. I am also starting a new car-wash services center, which is year my new big business step to start over and looking for any support to achieve business goals. Even though we're aim to reach up to $3000 car-wash facility, I will appreciate and thanks Zidisha for the support and opportunity to grow the business.

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  • J    Apr 5, 2018

    Dear Cornelius,

    This wasn’t an error. Your credit limit is still low.

    You can find an overview with the credit limit on your “your credit limit” page. (www.zidisha.org/current-credit). Before taking out a large loan, you must first build creditworthiness by repaying small test loans over a period of time.

    Please read these page because it gives information about increasing your credit limit over time and also provides info about a credit limit bonus.

    More info about Zidisha can also be found on the Borrowers FAQ (www.zidisha.org/faq#borrowe...)

    Kind regards,
    Joost
    Team Zidisha

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