Dry cereals stock

Elvis

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Elvis

Member since

June 2017

On-time repayments

99 installments  •  91%

About Me

once again I wish to appreciate my lenders
since i joined zidisha community ,for their generously awarding favourable credit incentive that has been gentle to me or rather to the busines .
I can be of good example to how Zidisha have improved individual lives that they have interacted with and developed a relationship
. I've been with Zidisha for along time ,and praise God for that and I'm certain it will as it has, kept on improving my life (business wise and day to day affairs)

My Business

The relationship I'm experiencing with zidisha is obviously positive. in the sense that :-
-my sales turnover did increase
-constant profit margin increas upward
-customer turnover increased
-improved the goodwill of the business
-expansion of the business in terms of adding more variety of goods
-hence improves my personal activities

Loan Proposal

As you will see in my loan repayment I had applied for ksh 5000(50$) which I intended to inject into my dry cereals business but I only received ksh 500(5$). I had ksh 6000(60$),I therefore bought a 90kg bag of beans.I wanted to know how I will fair.I sold at retail at ksh 80 per kg,hence I made ksh 700 (7$) per bag in the first week.I sold this bag of beans while restocking and I was also selling my other cereal stock.I have been repaying the loan of ksh 1000(1$) per week from this one bag.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$87.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

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Summary

Amount repaid

$85.27

Amount remaining

$0.00

Date repaid

Oct 29, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 16, 2017 $11.79 Sep 16, 2017 $11.79
Sep 23, 2017 $11.79 Sep 23, 2017 $11.79
Sep 30, 2017 $11.79 Sep 30, 2017 $11.79
Oct 7, 2017 $11.79 Oct 8, 2017 $11.79
Oct 14, 2017 $11.79 Oct 15, 2017 $11.79
Oct 21, 2017 $11.79 Oct 21, 2017 $11.79
Oct 28, 2017 $14.55 Oct 29, 2017 $14.55

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