Expanding my chemist shop

Simon

Machakos, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

August 2015

On-time repayments

119 installments  •  17%

About Me

I grew up in the suburbs of Machakos town and since childhood, I've desired to be a flourishing business person, I began businesses since I was in class 7,with selling macadamia nuts then to rearing rabbits where I could raise my pocket money, actually when I was moving to college I was able to pay my first semester with proceeds from the same

My Business

My business is simply a pharmaceutical outlet, that includes human drugs, veterinary and farm inputs and also a cosmetic wing in outskirts of Machakos town, specifically kaviani market, I envisage to expand it through zidisha financial product and boost my net from 400 USD monthly to three folds by the end of this year,i chose this type if business simply because its been my envisage to be in the health sector and moreso as an enterpreneur alleviating human suffering by practicing quality medical practices.

Loan Proposal

Am aiming at restocking my outlets with new products and also increase the current stock so that items don't runout quite fast, am also exploring on the possibility of encompassing a mpesa outlet and an equity agent in the same business, as per my plan, the whole project requires around 600USD, 200USD for the equity bank agent, 50USD for the mpesa working capital and USD 350 for the boosting of the chemist /agrovet /cosmetics items, am also exploring the possibility of increasing my workforce to cater for another assistant coz at times the work is overwhelming, and in cases where I have to close and go to fetch the outstocked items, and that creates losses in lost business opportunities

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 16, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

AltruisticSelfishnes

Chicago, United States

B

blahblah

Nuernberg, Germany

D

doublehelix

Philadelphia, United States

MW

Matt Willis

United States

Rosario von Li

San Jose, Ca, United States

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  • Simon    Jul 17, 2017

    Adjusting my loan to a higher figure of repayment as from next week on wednesday to clear it more faster

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  • Simon    May 2, 2017

    My business is improving now

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  • Simon    Feb 7, 2017

    would like to increase my installment and clear the loan

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  • Simon    Dec 31, 2016

    Currently am still working out to better my financial status

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  • Simon    Nov 13, 2016

    My financial status is yet to improve,however am doing my best to meet the loan obligations.Thanks

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  • Simon    Oct 11, 2016

    Am still reviving my business and hopefully am bouncing back to full payments in november and complete my loan

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  • Simon    Aug 29, 2016

    I am in a serious crisis after i lost all my stock,am currently struggling to bounce back to business,i will struggle to remit at least my installments as i hope to come back and clear all the loan before October 30th 2016

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  • Simon    Jul 11, 2016

    i experienced a major blow in the months of May and June that led me to closing my business for quite a while,otherwise i reopened it few weeks ago,and am optimistic all will be fine in the near future

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  • Simon    May 5, 2016

    My business is quite down at the moment,so as a proactive measure i have thought it wise to adjust the installment downward but i will adjust upwards again in the course of the month

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  • Simon    Mar 28, 2016

    A big thank you to my lenders, I am very grateful, I received the funds today and am in the process of procuring the items and supplies, once I procure them I will update photos too. Thanks and be blessed abundantly. Thanks once more

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  • Simon    Mar 24, 2016

    Dear Lenders i have accepted my loan today and is awaiting disbursement,i hope to buy my supplies during the Easter holiday once i get the funds..Thanks very much..happy Easter holiday

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  • Simon    Mar 22, 2016

    It's a wonderful experience growing with zidisha ,Thanks for funding me once again to achieve my dream,i have accepted the funds and towards the end of the week when the funds are disbursed to me, i will go ahead and procure the farm inputs.Thanks once more

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  • Simon    Mar 19, 2016

    Dear lenders, there was a technical hitch with the system but I cleared the loan within the schedule, now the details are updated,

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  • Simon    Mar 17, 2016

    I don't understand why there's an outstanding instalment in my loan, these are the last installment that I made to clear the loan
    KCF0ACGWTG Confirmed. Ksh1,818.00 sent to Zidisha Inc. for account 0720030044 on 15/3/16 at 1:39 PM New M-PESA balance is Ksh177.55. Hakikisha! To stop any wrong transaction type 1 and send.

    KCF9AA6BF7 Confirmed. Ksh1,000.00 sent to Zidisha Inc. for account 0720030044 on 15/3/16 at 9:35 AM New M-PESA balance is Ksh1,017.55. Hakikisha! To stop any wrong transaction type 1 and send.

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  • Simon    Mar 17, 2016

    I don't understand what is happening with my profile, I've cleared all the loans and every time I login the system indicates I have a balance

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  • Simon    Mar 7, 2016

    The year had a slow start but business is picking up greatly,my Mpesa agent has began today and we are optimistic that business will go on much great.Thanks to my lenders

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  • Simon    Mar 7, 2016

    My business is doing better i want to finish up the loan i have been holding

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  • Simon    Feb 29, 2016

    Doing well clearing the loan in few days

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  • Simon    Feb 21, 2016

    I have been admitted at Avenue hospital kisumu, Kenya for quite some time, since 6th of February, till now I haven't recovered, all the money I had and I have been getting has been diverted to cater for medical bills

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  • Simon    Jan 19, 2016

    As agreed with my mentor I have already began remitting my instalments probably, all is coming up well

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