Buy plastic bags, tooth picks and servittes

Harrison

Mazera, Kenya

100% repaid

Entrepreneur

Name

Harrison

Member since

August 2016

On-time repayments

190 installments  •  70%

About Me

My name is Harrison Sabastian Mwangi. i live and Work at kilifi county in Kenya.
i was born 23 June 1976. i started schooling in 1982 and completed by studies in year 2001. Then i started training computers from 2002 up to 2009. from 2010 i joined teaching in secondary school up to now.

The income i have been generating is only enough to care for house rent, bus fare , food and clothing. it have been difficult to support my extended family like mother and my sisters. therefore i see it wise to engage in supplying bags, toothpicks serviettes. these are consumable in hotels, small cafes, chemist, butcheries. so far l have done supplies for one month. that is why i need capital. As i go to school my partner will supply. then weekend we join hands to supply.

My Business

currently am a teacher. so my source of income is not enough to make the end month meet. that is why if l supply bags and get at kes 15 per 100 and other hotel requirements like tooth picks then my financial position is stable. kindly your financial lending will make my business to grow and even offer employment. i see it improving in a way l can buy a small van because l have trusted customers . l plan to start small but according to may daily profits the business is growing. the business involve going round from place to place.

Loan Proposal

I will buy an assortment of plastic bags at a total cost of USD 10. My profit margin is about 30% and I therefore expect to make a profit of USD 3 from this venture. Though this is a modest amount, I am glad that this loan will allow me to get into Zidisha loaning system and I hope to benefit with more credit in future.

This will definitely accelerate the growth of my business by increasing the sale volumes and profitability.

My Videos

May 17, 2021: My world of business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 31, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

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