Clothing

Caleb Owuor

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Caleb Owuor

Member since

October 2016

On-time repayments

187 installments  •  84%

About Me

igrew in hardship schooling in rural area but i overcame my hardship through hardwork at school by then my mum was selling clothes when ifinished secondary school she left me in charge of business though with little resources so isecured short term loans to boost the business.i enjoy to see people smart so that is what drove me to business.the most unique thing is that we like visitors.iwant my children to be entrepenuers.ienjoy music alot.

My Business

thank you zidisha. for investing in me currently i run two businesess all courtesy of zidisha the clothing one and the one for tent hire and also working in hospitallity industry which is abig boost to my businesses because that is where i draw my customers.as for the loan im applying today is for another different business venture that is an executive barbershop that will cost around kshs.350000.so iknow my limit has not reached that much but with savings from my two businesses and part of my salary together with loan i am applying will be able to help start this business in aplace
i haveseen an opportunity for an executive barbershop.this will boost me financially and i am going to employ 2 staff permanently and 2 casuals. iwill appreciate if you will fund me.

Loan Proposal

this is what i will do with the loan. iwill go for ready made clothes new ones at awholesale price then sale them at retail prices. reason being it will reduce production cost for me. the only cost iwill incur is for the luuggage then rent astall at anearby market and employ somebody to fully run the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.18

Date disbursed

Oct 11, 2016

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: $11.79

Caleb opted to pay $189.18 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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