Buying a new pool table for my business

Fred

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Fred

Member since

March 2015

On-time repayments

248 installments  •  33%

About Me

My name is Fred Ongaki I come from a village called Bogusero in Nyamira County. I went to Sengereri Primary school and then proceeded to Nyamiranga secondary school for my secondary education. I passed very well and was called to Join Kenyatta University for higher education. I completed my undergraduate university education in 2011 and decided to venture into business because in my country Kenya the level of unemployment is very low and therefore getting a job is something that is very difficult. I come from an extended family and we are 7 in our family: 4 brothers and 3 sisters. Am the eldest and for this reason I have to struggle to assist them financially in one way or another. My parents are not all that able and therefore they cannot raise all the fees required to pay for my other siblings and this made me to look for a business that can earn me something so that I can support them in one way or the other. I am happy about Zidisha because they helped me improve my business when they first gave me a loan and therefore let me hope you will continue offering me support. Thanks Zidisha and thank you lenders

My Business

I first started my business in 2012 and this was after finishing my university undergraduate degree and the reason why I did so was because I looked for an employment opportunity but was not able to find it anywhere and this is what motivated me to enter into the business of selling clothes. I first looked for a starting capital from some of my colleagues and it assisted me to venture into business. The loan I got from Zidisha assisted me to improve my business and now I own a very big boutique at kahawa wendani that sells all types of clothes. I sell all kinds of clothes especially the male and ladies clothes because they are on demand due to the high population around the area. Am sure that I will increase my business with coming loan. Some of the clothes I sell are:
Men’s trousers @$7
Women’s trousers@ $ 8
Men’s jackets @$5
Men’s shoes @$12
Ladies shoes @$10
Shirts @$4
THANKS LENDERS FOR YOUR SUPPORT

Loan Proposal

I am happy to know about the services offered by Zidisha. I will be very happy if given the loan because it will assist me repair my computer for my online services and repair by pool table. I own two pool tables in Kahawa Wendani area and they generate around 400 shillings per day and therefore i am interested in getting the loan so that i can be able to repair my pool tables so that my customers cannot run away from my business because there is a competitor aroung me who have better pool tables. I also am an online freelancer doing online services and my computer keeps on breaking down now and then and therefore i would also like to repair it so it can be of service to my business. Kindly assist me as soon as possible if you can manage so that my business can work well

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 1, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

Cathy

Melbourne, Australia

Ask Fred a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...