Loan for construction of a semi-permanent store

Simon

Kianjoya Village, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Simon

Member since

April 2013

On-time repayments

171 installments • 72%

About Me

I am a small-scale retailer and a part-time teacher at Mugaa Secondary School. I sell basic household things such as sugar, flour, salt, tea, etc. My business on average generates KShs 5,000 ($48 USD) in profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife, who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family.

During my free time, I like travelling and visiting places, listening to music, and watching movies. I have attended and completed college, but I have not yet gotten a meaningful job because there are few jobs in Kenya.

My Business

My shop is located in Kianjoya Shopping Centre, just adjacent to Kianjoya Primary School. I combine my small salary from teaching and the profit I generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister, who is married and lives far away. So I do not really manage to save a lot, but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business, the more customers I will get and retain. I want my business to be stable and growing. In the future, I hope I can expand the business to even become a wholesaler.

Loan Proposal

I would like to apply for a loan which will aid in contruction of a semi permanent store. As I am engaged in purchase of cereals I would like to construct a semi permanent store which I will use to store the maize that I want to start buying as we head towards the harvestin season and later sell the maize next year at a profit. Below is a breakdown of the consruction materials and their prices.
Iron sheets………………………………………………..US$ 100
Timber………………………………………………………….US$ 50
NAILS…………………………………………………………..US$ 50
Labour…………………………………………………………….US$ 50
Poles …………………………………………………………….US$ 100
Cement………………………………………………………..US$ 25
Sand ……………………………………………………………..US$ 20
Metallic bars…………………………………………………US$ 25
Other expenses……………………………………………..US$20
If give the loan I believe that I will be in position to construct the store.which will be of great importance to my business for the smooth running of my business. Thanks in advance.to all the zidisha team.

Show original English

About Me

I am a small scale retailer and a part time teacher at Mugaa Secondary School. I sell basic household things such as sugar, floor, salt, tea, etc. My business on average generates Kshs 5,000 profit. I wish to expand the business so that it generates more profit to support my family. I get my stock from Nakuru town. We run this business with my wife who attends to customers when I am teaching. My goal is to have a large shop so that I satisfy my customers and support my family. During my free time, I like travelling and visiting places , listening to music, and watching movies. I have attended college and completed but i have not yet gotten a meaningful job because there are few jobs in Kenya.

My Business

My shop is located in Kianjoya Shopping Centre just adjacent to Kianjoya Primary School. I combine my small salary from teaching job and the profit i generate from the business to support both my family and my younger siblings. My parents are old and rely on me and my other elder sister who is married far away. So i do not really manage to save a lot but if I get a loan, I believe I will increase the stock so that I can get more profit to support my family accordingly. The more I expand the business the more customer I will get and retain. I want my business to be stable and growing. in future, I hope I can expand the business to even become a wholesaler.