Cyrus

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Cyrus

Member since

August 2013

On-time repayments

24 installments  •  0%

About Me

My name is cyrus njagi nderitu , am twenty one years old and a third born from a family of five that is three boys and two girls. I was born at Nyandarua county but currently i resides at Nakuru while my mum and my younger sisters are back at home. At nakuru i reside at pangani estate. Due to economic hardship and difficulties to clinch employment opportunity,after college where i pursued certified public accountant at child care international school in Nakuru, i got a friend who took me through grains supplies business in supermarkets and hotels. My business is mobile though i have a store where i keep my product before delivery. Am receiving lots of contacts from prospective client and therefore my earning shall be channeled towards this need.

My Business

Dear lender, i would like humbly request for you loan facility to enable the financing my s business. In my business i deal with supplies of grains and vegetables in hotels and supermarkets. Examples of grains are as follows maize, beans ,peas, e.t.c. While for the vegetables are as follows spinach, cabbages,tomatoes , potatoes, sweet potatos, yams and cassavas. Currently i have dairy orders in five hotels and four supermarkets in nakuru and so irregular orders from ten client there being financed by zidisha i'll be able to execute more than ten orders per day.The demand for my product increases during dry season and slightly fall during rainy season and customer preference for my product have been better due to it freshness. I get slight competition from some other businessmen but the market share is huge to accommodate as all hence it is a profitable venture.my cost,sales and profits are not constant but have an increasing growth for instance last month performance are as follows; cost 50450, sales 85050 expenses 10500 and profits 24100.

Loan Proposal

Dear lender, i would like humbly request for you loan facility to enable the financing my s business. In my business i deal with supplies of grains and vegetables in hotels and supermarkets. Examples of grains are as follows maize, beans ,peas, e.t.c. While for the vegetables are as follows spinach, cabbages,tomatoes , potatoes, sweet potatos, yams and cassavas. Currently i have dairy orders in five hotels and four supermarkets in nakuru and so irregular orders from ten client there being financed by zidisha i'll be able to execute more than ten orders per day.The demand for my product increases during dry season and slightly fall during rainy season and customer preference for my product have been better due to it freshness. I get slight competition from some other businessmen but the market share is huge to accommodate as all hence it is a profitable venture.my cost,sales and profits are not constant but have an increasing growth for instance last month performance are as follows; cost 50450, sales 85050 expenses 10500 and profits 24100.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 9, 2013

Repayment status

Late

Projected term

24 months

Lenders

J

jzidi

Los Angeles, United States

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