Buy new stock for my business

Justus

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Justus

Member since

May 2016

On-time repayments

82 installments  •  9%

About Me

I was born in Embu County in a farming family back ground ,after my primary/secondary school education, I am now in Kisumu with my family, I have stated a business of designing/making of man/ladies shoes where by it is the dream I am majoring in and grow in it to help my family / community and I also hope to train youths to do the same for their earnings .

My Business

I buy whole sales curios and other artwork to retail at the famous Maasai Market in Kenya. I also deal in designing/making of shoes - maasai beaded sandals. I started in 2013 with an assistance of one of our church deacon in some work. He trained me in it and now I am qualified and on my own. I have a goal of growing in this to accommodating others in need and help my family. I am so far very proud in this business and ready to grow in it, my customers are open to all and not a particular group.
The broad variety of merchandise and customer base in this business allows diverse entrepreneurship and opportunities for fast growth. I am therefore seeking resources to be more competitive and to expand my business.
In a month i make profits of $200 which i use to pay school fees for my children and the rest i reinvest in the business.

Loan Proposal

This whole loan is to boost my business and be in better position of giving me back a bigger income/profit out of the new stock , this will make my business grow more and also be in a position of supporting my family .

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 25, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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  • Justus    Aug 3, 2016

    I will use the loan to increase my stock and also engage artisans to make the merchandise for me instead of buying whole sale. This will increase my profit margin. Thanks so much to the lenders who funded me.God bless u all

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  • Justus    Jul 25, 2016

    Thanks so much for the lenders who funded me my first loan, The loan had an impact on my business through increased stock and variety which increased my profit margin, this also enabled me to repay the loan on time.
    THANKS SO MUCH TO ZIDISHA FOR YOUR CONTINUED SUPPORT

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  • Justus    Jul 19, 2016

    Hi , I would like to increase my repayment to ksh.8000, my profits have increased. Thanks so much zidisha and the lenders for your support

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  • Justus    Jul 2, 2016

    Hi zidisha. I would like to reduce my repayment instalments to ksh. 100 to enable me repay swiftly. Thanks for your continued support

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