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
It's fast approaching the planting season in our area and hybrid maize seeds and allied pesticides/agrochemicals will highly be in demand, previous seasons I have not been able to meet the demand. I will use this loan to buy 25 packets of pioneer hybrid maize at 100$,another 15 packets of pannar hybrid maize at 70 $, the balance will be used to stock agrochemicals and veterinary medicine as well as human medicine too. This will save the community subsistence farmers the hassle of having to travel long distances to get the products and also the fair prices, I anticipate increased profits of 900$by the end of the 2nd month. Lenders join me in making this a reality
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Loan Info
Project Type
Classic Loan
Disbursed amount
$301.00
Date disbursed
Mar 27, 2016
Repayment status
Late
Projected term
22 months
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Southampton, United Kingdom
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