Name
Thomas
Member since
August 2011
On-time repayments
28 installments • 39%
I am 32yrs old and a businessman. am married and have one child. I own a boutique where I sell all types of clothes. I use my earnings to increase the stock of my business.
My business is situated in Kiptangwanyi trading centre in Nakuru county along Jogoo road.Kiptangwanyi trading centre is in naivasha constituency,Gilgil District,Kiambogo Division, Mitimingi Location, Kiptangwanyi sublocation.The centre is fourty one kilometres (41kms) from Nakuru Town.The route from Nakuru is through Nakuru-Nairobi highway, branch at Pipeline towards Elementaita.From Elementaita to Kiptangwanyi is about ten kilometres(10kms). It is unique because there is no other business within that sells the type of clothes that I sell in this area. The demand of the commodities that I sell is high because in the meantime the school children are on holiday. The risks involved in this type of business is fire since there is no fire fighting response nearby. means of transport is also another problem especially during the rainy season. My monthly expenses include: electricity, water, rent and transport costs. currently I am using my sales revenue and profits to improve the status of my business.
dear lenders.
I would like to use my loan to boost my second business i.e cereals shop that I opened from my first Zidisha loan. The loan will assist me much because the short season crops will have grown.
Positive
1
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$489.00
Date disbursed
Jun 15, 2012
Repayment status
Late
Projected term
22 months
Other loans
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