Buying stock of hardware for my shop

David Gitau

Gilgil, Kenya

100% repaid

Entrepreneur

Name

David Gitau

Member since

September 2016

On-time repayments

67 installments  •  67%

About Me

am David ,,first born in a family of 4 children. Am an entrepreneur owning a Hardware store and a timber yard.Firstly I thank my lenders for previously supporting me raise my previous loans.Being the first born in a family of four, I have come a long way for me to be able to own the hardware and the timer yard. I got a family not yet have a child but hoping to get one soon. I get money to support my needs to support my family from my business.

My Business

The hardware store is where I get my income .In the hardware store I make sales of about 1500 dollars weekly and in the timber yard sales of a bout 100 dollars weekly. My family needs are met through the profit made from my business. The profit which I make share it to my saving account ,,family needs ,,increase my hardware stock. In my Hardware you will find cement,, iron sheets,, nuts,, pipes and pipe fittings and other building materials. Firstly I started with the hardware which started operating back in 2016 .With the profit made I have been able to open a new business which is the timberyard .I sell timber, offcuts and firewood. I am looking forward to expanding both business from profit made and support from my Zidisha lenders.

Loan Proposal

Am requesting a new loan to add more stock in my hardware . will resell at a profit to repay loans due and it will also assist me in my job.

Income Source

I have a timber business where I also make profit incase of money issues I can fetch from the timber business and repay on time.

My Videos

Jun 22, 2021: My hardware business video

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.02

Date disbursed

Mar 27, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $4.35

Credit risk payment: $11.33

Optional expediting fee: $8.71

Lenders

B

briansedz

Canton, Ohio, United States

Evan Lamos

Brussels, Belgium

TH

tom hd

United Kingdom

GG

Gituru Gitumbi

Seattle, United States

A

Anonymous

United States

A

Anonymous

United States

E

Emanuele

Genoa, Italy

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