Annastacia
Zimmerman, Kenya
25% repaid
Name
Annastacia
Member since
July 2013
On-time repayments
73 installments • 51%
I have a diploma in business management from KIMS collage and i have a lot of experience in doing business and management. I have been employed in various companies and i want to shift this experience into my own business. I am a go getter and i know my business will be a success with help of the Zidisha loans. I have been held down by a source of capital but with zidisha it is the greatest opportunity that has come my way. I want to start a cosmetics business together with my little savings. the business will be situated at Zimmerman because there is no other such business.
The cosmetic business is highly profitable and therefore, i will be able to repay my loans in time and as agreed. There is a lot of demand for this products especially by the ladies who have to buy different hair products in a very short time. The nearest competition of my business is a supermarket and given there are always long queues in the supermarkets people will opt to buy products from my shop. Growing with Zidisha will be the best thing because i will be able to increase the stock with the new loans i will apply. The costs i will incur will only be a business permit and rent.
I thank Zidisha lenders for your continued support. My business has continued to grow and we are heading to the festive season where my business will be at the pick. I am requesting for a loan so that I can increase my working area and increase the number of employees to 5. The Profits will increase to about $200 per month. This will allow me to open other outlets to offer the services to other needy customers.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$145.00
Date disbursed
Dec 2, 2014
Repayment status
Late
Projected term
6 months
Other loans
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