Inventory of chemicals for making detergent

Fay

Kisumu, Kenya

38% repaid

Entrepreneur

Name

Fay

Member since

February 2015

On-time repayments

81 installments  •  23%

About Me

I am a 27 years old lady single and just in my final year at Maseno University where I study Business Administration.I am in business of retail shop where I sell food stuff and household items. I have done this business for about 2 years now. My lectures are in the mornings from 10.00 am – 2.00 pm so I open up my shop from 6.00am- 10.00am then I go for classes and return at 2.00pm and open up again until 10.00pm. The most unique thing about the land and culture where i live is that the land is fertile and has alot of fish from the lake Victoria. My hobbies are cycling,travelling, reading and making friends.

My Business

I do sales of food stuff and household items at kondele market in Kisumu town at my shop. The main reason why customers prefer my shop is that i offer affordable pricing ,credit facility and also open early I also offer quality and affordable food stuff compared to others. At the moment, the challenge am facing is lack of a refrigerator especially for my fruits and cold drinks during this dry and hot season. I used to make about 180 US Dollars per month but from the first loan my earnings increased to 250 Dollars per month and If granted a second loan by Zidisha, I will be able to purchase the refrigerator with my savings too..From the sales of the increased stock,I shall make more sales hence good profit to save and also repay the second Zidisha loan if I shall be granted .

Loan Proposal

Thanks to Zidisha for the first loan,which helped me boost my business.The second loan i intend to use it in expanding my business whereby i shall purchase a refrigerator with my savings and loan if granted. This will help me in storing my fruits and cold drinks during this dry and hot season. I also begun making local detergents which i acquired some skills in making and i have gotten potential clients.this will give me an additional 70dollars per month so my total profit per month will be 250 dollars. I request to be granted the second loan please.Thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$189.00

Date disbursed

Jul 25, 2015

Repayment status

Late

Projected term

15 months

Other loans

Lenders

PG

Paul Graham

United States

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  • Fay    Jul 24, 2015

    Thank you lenders for accepting to fund my loan, i believe that with this loan i am able to grow in my business.
    Much thanks

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  • Lawi    Feb 18, 2015

    Hi lenders,
    this is Fay's mentor and on her behalf I would like to request that we help her get funded as she has a solid plan and I trust she wont let us down.

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