Charcoal purchase

Victor

Mbokani Village, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

February 2014

On-time repayments

367 installments  •  72%

About Me

i was born in a small village called mbokani in 1988.i went to a local primary school and secondary school nearby where i did well and secured myself a place in the university where i did a B COM Degree in Accounting.having come from a background that was financially challenged my education career was at the verge of collapse but well wishers and the church intervened.I managed to do my degree.necessity is the mother of invention,through the difficult moment my family and I was in,I got a job in one of the wholesellrs shop in our local market as a shopkeeper. my salary was kes.15000.I used to save 2000per month and I did that for 6 months where I got kes.12000.I went and bought 4sacks of maize and 3sacks of beans that costed about 11800.I gave one bag of maize to my family for food.bucause I could not operate the business as a minor..I had to trade at our home.I would walk around the village marketing my products and within a short time I had daily customers. on makueni cereals such as maize,beans,peas,greengrams,sorghum, millet and others are the staple food for kamba community.with such stock..business moves.I have one daughter named mutanu who is ever smiling... she aspires to be a news anchor or a business lady.I love adventure with my family so much

My Business

currently i am running a small fleet of 3 motorbikes, and i also changed my business ventures from charcoal and cereals to spare parts business of the motorbikes.
my wife who is also my partner runs a boutique shop where she sells mitumba clothes. .i also run a taxi business where i earn an amount of about 30000 per month. Zidisha has really helped me grow and i think i will not have a challenge in paying the facility.the revenue i get from these business has helped mere add more stock,pay the loans, pay the few dues..i also pay for my sisters college fees and cater for my family needs

Loan Proposal

I Would like to add a charcoal stock of the amount 25000 and the rest 20000 purchase other items in terms of cooking for my wife who intends to cook some fast foods in the business.she intends to have an extension of the business premise to cater for her side business.with this we will maximise

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$434.00

Date disbursed

Nov 16, 2017

Repayment status

On Time

Projected term

38 months

Lenders

Mike and Jacqui

United Kingdom

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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