Entrepreneur
Name
Charles
Member since
July 2015
On-time repayments
213 installments • 57%
About Me
I am. married with one kid a one wife , a Christian and I attend A.I.C church in kapsoit. I was born in kericho
county in rift valley province.I attended my primary
school at kiplogoi primary school and later
joined soliat boys secondary school.later
I went to to Rift Valley Institute of Science and
Technology where I did my Diploma in
banking and finance and shortly after my college (studies) I decided to enter into business of because after college I was idle, broke, hence I thought of an idea of what I should do so as to earn my few coins hence avoiding depending on my parents thus I thought of opening green grocery business
which am currently operating in kericho town . I live at Kapsoit which is nearly 3 kms from
kericho town.Being a sole proprietor of my
business I managed to support my one
sister in college and a brother in high school. Of late am employed as a school burser at kaitui secondary school which is a working distance from my home hence am assured of monthly income.
My Business
My business
I own a Green grocery Business which I operate within kericho town at kericho-kisumu Highway opposite sinendet Towers and next to Total petrol station.
I have been operating my business for the past
Four years which I started late 2013to present .I decided to sell these kind of products because of the great desire I had in the business after identifying the business idea which was greatly influenced by a high demand of the products by people of all caliphers of life within that environment.
I sell vegetables of all kinds,fruits like tomatoes,onions,oranges,and many others products to my client for the last five years now I have attracted quit a good number of customers who prefer my business due to high quality products I always sell to them at reasonable prizes I would wish to expand my business by increasing stock In order to cope up with the rising demand of the products I need more finances to inject to the business because currently I have inadequate finances for the expansion.
In a month I am able to make sales revenue of
approximately KES 65,000.my total
expenditure in a month is approximately KES
45,000 inclusive of electricity bills, labour,
security and purchases.I am currently in need of the support of zidisha loan of ksh 40,000 to expand my business by increasing stock and buying of fertilizer for planting tomatoes .
Loan proposal
I will use the loan to purchase fertilizer and Tomatoes seedlings and prepare the field for planting tomatoes . I have managed because of the available land at home which I inherited from my parents. And due to the rainy season now, cool and conducive environment in kericho County made me to practice the horticulture farming.. This in the long run will increase my yearly returns.
Loan Proposal
First, I will use the zidisha loan to purchase fertilizer and tomatoes seedlings and the remaining money I will use to boost my green grocery business by increasing more, spinach, tomatoes, onions and oranges.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$481.00
Date disbursed
Mar 25, 2018
Repayment status
Late
Projected term
37 months
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