Business expansion (selling second-hand clothes)

Timothy

Nakuru, Kenya

11% repaid

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How it Works

Entrepreneur

Name

Timothy

Member since

May 2015

On-time repayments

345 installments • 80%

About Me

I was born and raised in the village, my father was a tailor my mother was a farmer. My father decided to re locate to greener pastures, he did that and we gladly went, we stayed in our new location for some years and my dad convinced my mother to sell the land again. The land was successfully sold and my dad took all the money drunk it all an we remained landless,we went to stay with relatives without or dad we dont know where he went. At seven years with my three siblings and mother,my mother gave me to someone to look after their cattle! i did not know how much i earned because its my mother who took the wages for upkeep. My uncle heard of our story and took upon himself to educate us,i was lucky to continue with school to secondary. i did menial jobs to sustain myself i could not get a nice job becouse my form four certificate had been withheld due to fee balance. I was able to clear the fee afterwards and took the certificate. I had a fiancee who helped me a lot but two days to my wedding my father who had come back committed suicide! nevertheless the wedding took place. Right now am married and have two children.

My Business

After marriage, i relocated to Nakuru where i began a micro business which never did well though i held on it, i was later sponsored to go to bible school for two years and graduated with a diploma. Right now iam iam doing partime as an insurance agent with British American Insurance Company. It is a good job but so many challenges of getting clients and sustaining them. iam also pursuing another diloma in Transformational Leadership in the local church. Iam currently the prefect of the class and a group leader in our small home bible study group where we meet once a Week. O once again come to appreciate the zidisha organisation for changing my life, I was able to pay my collage fees and even ventured in business which I began early this year, the business is doing well but some time I run short of finances this is the reason am requesting for another loan to help me expand my business.

Loan Proposal

Thanks lenders for fully funding my loan last time.This loan am applying for ,will help me buy more bales of is cond hand clothing and the proceeds will help me buy some basic building materials and clearing the land title deed fees.

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M
Mary Nov 10, 2017

Timothy is a wonderful borrower. He has a clear plan for what he wants to accomplish in life and goes for it! I would recommend funding future loans for him.

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- Timothy Jan 31, 2018
  
  Thanks Mary you are a great support to my vision I appreciate.
  
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- Timothy Jan 31, 2018
  
  Thanks Mary you are a great support to my vision I appreciate.
  
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M
Margaret Oct 24, 2017

Timothy paid his loan off perfectly, I would gladly lend to him again and encourage others to do the same.

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Margaret Oct 15, 2017

Timothy paid off his loan in a timely manner. I would gladly lend to him again and encourage others to do the same.

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- Timothy Jan 31, 2018
  
  Thanks Margret you are a great encouragement.
  
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James Oct 14, 2017

Loan repaid in full.

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- Timothy Jan 31, 2018
  
  Hi James,thanks a lot for standing with us in this great way.Am greatful.
  
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