Zidisha |

Alex

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Alex

Member since

December 2011

On-time repayments

293 installments • 77%

About Me

I am married with three child I live in Nairobi Utawala and went to school at St Peter Mumias where passed my O- level Exams very well but I did not join the University because of lack of resources and I decided to start a business of retail shop in the year 2004 and with this business I have been able to take care of my family and pay for my Children School fees. I use the profit from my business to expand my business and build permanent building for my business so that it is more secure. Zidisha Lenders have been a bless since year 2012 and my business have grown from strength to strength and am able to support a happy family and support my community and the country.

My Business

I have Business of retail shop where I sell Green grocery and wholesale , food such as maize meal, rice,cooking fats,detergents.milk, breads and many more. from this business a make average income of Kes 680,000 per month before paying for my expenses. I also own m-pesa business offering mobile phone banking services to the locals and this gives me Ksh 20,000 per month. I face challenge in this business such as high cost of products and fuel. I kindly request Zidisha lenders to partner and finance my business to be able to buy a small van to carry my merchandises from the wholesale market to my shop. The Delivery van will save my business on transport expense and increase my revenue by 20 %. . The Delivery Van will cost about Ksh 600,000 for a good second Van.

Loan Proposal

Dear lenders I am applying to development my business, I need the loan to increase the stock of my shop and introduce new products. I will use the money to buy all type of cereal such as bean, dry maize, try peas,green germs and many more.This will cost me about USD 1000 and I will us USD 500 be used to restock my Shop.USD 300 will be used to renovate my shop to make it more beautiful to attract more customer. This will help to increase my sales by over 100%.