Business stock increment

Joseph

Salgaa Rongai, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

April 2012

On-time repayments

402 installments  •  70%

About Me

I am 60 years of age married with 6 children, a boy and 5 girls. I reached in class seven of primary education. After school I involve myself in casual labor for quite a long time but finally I managed to start a small business of the famous mutumba( secondhand clothes)business.I also practice farming of maize and beans,where my wife is involved.am doing well with my business all along. i really thank God for the great effort that he has blessed me my business is increasing in size day after the other and all thanks is to zidisha team for there great support.In salgaa all is well with my mitumba business since it has assisted me do well with life time after the other.

My Business

My business is selling second hand clothes business. It is in Salgaa town about 35km from Nakuru town on the way to Eldoret. People like second hand clothes because it is cheaper than new ones.I used to negotiate with my costumers very quietly,that is why they like my business.my business is in an open place where people use to pass-bye.Some times i do an offer to my business,by sellingng if a customers buy ten cloth, i will give him/her two handkerchief.My only focus now is to expand the business and ensure that with my that forth and other loans from zidisha makes me grow and not a shame this organization at large.in short my mutumba business is simple,measurable,archievable,reliable and timely.(SMART)

Loan Proposal

The loan i am applying for is mainly meant to increase the current stock of my businesses and also to start constructing the plot i had bought before so that i can run my main business in my own plot. given the increment of m y stock it will be proportionally increase the profit that i will be getting so as to repay the loan and also invest in important investments.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,391.00

Date disbursed

Aug 2, 2017

Repayment status

On Time

Projected term

10 months

Lenders

The Zinc Team

San Francisco, United States

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