Buying paints for my hardware

David Gitau

Gilgil, Kenya

10% repaid

Entrepreneur

Name

David Gitau

Location

Gilgil, Kenya

On-time repayments

34 weekly installments  •  82%

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

I will buy more paints of all sizes and will be able to sell them to make profit and repay my loan on time .May God bless my lenders abundantly.

Income Source

I operates glass cutting business besides the hardware business.Incase of shortage of funds I can get it fro the other business and repay my loan on time.

Feedback

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Lenders

Vincent Strangio

Pittsburgh, PA,  United States

Paul Buchheit

Mountain View,  United States

Sinan Taifour

Munich, Germany,  Germany

I

isaac

United Kingdom

W

Wim

Deventer,  Netherlands

Loan Info

Disbursed amount

$167.98

Date disbursed

Apr 21, 2021

Repayment status

On Time

Projected term

2 months

Cost of loan

Service fee: 5% of $167.98 = $8.40

Credit risk payment: $30.23

Optional expediting fee: $33.60

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