Cereal shop

Elvis Muna

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Elvis Muna

Location

Nakuru, Kenya

On-time repayments

92 weekly installments  •  90%

About Me

once again I wish to appreciate my lenders
since i joined zidisha community ,for their generously awarding favourable credit incentive that has been gentle to me or rather to the busines .
I can be of good example to how Zidisha have improved individual lives that they have interacted with and developed a relationship
. I've been with Zidisha for along time ,and praise God for that and I'm certain it will as it has, kept on improving my life (business wise and day to day affairs)

My Business

The relationship I'm experiencing with zidisha is obviously positive. in the sense that :-
-my sales turnover did increase
-constant profit margin increas upward
-customer turnover increased
-improved the goodwill of the business
-expansion of the business in terms of adding more variety of goods
-hence improves my personal activities

Loan Proposal

My thanks to you zidisha and lenders
I'm grateful for the year end 2017, we had good relationship or interaction with zidisha ,lenders and my mentors.yes my profits did increase or rather improved
The loan will be applied to the following fields;
1-paying the business license
2-rebranding the place of work
3-adding stock of goods
Details of how the money would be utilized ;
1-Business license for the year 2018 amounts to USD 140
2-Rebranding ,or painting the place of work would cost USD 40 - USD 50
3-Adding stock of goods specifically farm produce dealing with cereal products amounts to USD 60 - USD 80
I've faith the transactions would entails to an increase of profit to a tune of USD 10 - USD 35 per week , therefore translates to USD 70 - USD 280 per month
This advantage enabling me to pay for education fee to my children and so provides a decent life to my family too
The balance of the savings goes to the reserves for future use
Once again I thank my lenders and God bless them all as I wait for the fund

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$299.44

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $299.44 = $13.46

Lenders

S

Spock

Koeln, Germany

M

M

Raleigh, United States

M

Meckel

Boulder, United States

G

Gastao

Covilhã, Portugal

I

ideerge

Mountain View, United States

I

Interfree

Dubai, United Arab Emirates

T

ToddK

Indianapolis, IN, USA, United States

P

Piccolo

London, United Kingdom

S

sourabhj

Sydney, Australia

J

jjonas

berlin, Germany

T

tmsaddress

Orlando, Florida, United States

S

suzerain

Kuala Lumpur, Malaysia

Z

Zippo

Berlin, Germany

Cloudways

Malta, Malta

vinnio

Burlingame California, United States

ads68

Melbourne, Australia

L

leeirel

Edmonton, Canada

fairspirit

Utrecht, Netherlands

O

osterqvist

Linköping, Sweden

xtrahardware

Cazenovia, United States

J

jinx83

Brisbane, Australia

sderickson

Berkeley, CA, United States

J

jay12

Germany

bb4dogs

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

SteveFylde

United Kingdom

W

Wade

United States

KD

Kent Don

United States

Paul Buchheit

Mountain View, United States

VZ

Victor Zuanazzi

Brazilia, Brazil

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

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