Buy a laptop for my online business and increase stock for my cloth selling
Miller
Kisii, Kenya
100% repaid
Entrepreneur
Name
Miller
Member since
April 2014
On-time repayments
236 installments • 13%
About Me
Miller Omwenga is my name, am a young kenyan busines man "Mitumba" clothes seller, who is ambitious, humble and a go getter. I try to exploit every opportunity that comes my way and above all i see God as my Hero and puts every trust in Him. Am a firstborn in a family of five a position that equips me with responsibility self reliance and action taker so as to set a good example to my younger siblings and other youths in my community and the society at large. Being born and raised in a humble christian background makes respect a core value in dealing with each and every person from all walks of life.
My Business
Am kenyan business man "Mitumba" clothes seller, who is ambitious, humble and a go getter. I try to exploit every opportunity that comes my way and above all i see God as my Hero and puts every trust in Him. Am a firstborn in a family of five a position that equips me with responsibility self reliance and action taker so as to set a good example to my younger siblings and other youths in my community and the society at large. Being born and raised in a humble christian background makes respect a core value in dealing with each and every person from all walks of life.
Loan Proposal
Lenders thank you for funding my first loan. I kindly request for an interest of 20%, will be paying monthly and i request for a grace period of one month. I run two business first is the online business of selling safaricom data bundles, i do internet marketing mostly on facebook inorder to target more customers. I buy bundles at wholesale price and later resale the safaricom data bundles in small packages. By doing my online customers and my fellow colleagues at the university are able to afford them. The demand for my bundles business is high because i charge low prices and more bundles. The other business is cloth selling. The major challenge my businesses faces is insufficient capital however the profit is high. Once i get the zidisha loan, I plan to;
1. Buy a laptop at an estimate of 300 US dollars for my online marketing. Currently i use a phone which is very much slow in browsing the internet. By so doing this will increase my online working efficiency, thus reducing time wastage hence earning more and more from my online customers.
2. Buy clothes i.e official wear, kids and latest fashion at an estimate of 165 US dollars. Repayment of the loan will come from the sales made from the businesses. As a volunteer mentor i am a role model to other members so i will maintain my 100% on time repayment rate. Thank you zidisha for helping me from a nobody to somebody.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$112.00
Date disbursed
Jul 29, 2014
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
Glasgow, United Kingdom
Republic of Korea
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