Doubling my inventory of food for resale

Dan Shama

Nairobi , Kenya

100% repaid

Entrepreneur

Name

Dan Shama

Location

Nairobi , Kenya

On-time repayments

95 weekly installments  •  60%

About Me

Am Dan Shama,the first born in a family member of 6. Went to school and finished my primary and secondary education through hardships since we were 3 in school and my parents couldn't afford to pay fees for all of us so I was on and off. After my secondary school, I acquired some little cash and opened a small retail shop in the village. I operated this shop for about one and a half years but it became difficult to maintain it since most of the income was directed to paying the fees for my siblings and offer a little support to my parents. Eventually I had to relocate to Nairobi city, where there was hope for a better income. I have been operating in a small shop in Nairobi since. However, the demands from my family have been straining the business and with my current inventory level, it will be difficult to remain afloat. It is for this reason I wish to apply for this loan so that I can boost my inventory, and be in a position to run my business while still meeting the demands of my family

My Business

I wish to inform my lenders that the year 2017 started quite well.Regardless of what has been happening cutting across my country, my business is doing fine. I am happy because I am still able to pay for my loan and still meet other expenses.I look forward to expanding my business that it can meet more needs. I am also looking forward to starting another business in the future as a result of the support I am getting from Zidisha. I once more wish to thank my lenders so much for helping my life to have a new shape. Thanks

Loan Proposal

will add more n more stock by doubling...... also get what I don't have in store n fast moving food items.
Am also thinking of putting up a small structure besides my only shop and introduce a fruit parlour whereby I will employ two ladies, one lady to be serving the customers and the other one to do the preparation of fruits that have to be ever ready when a customer needs.... and with time create more employment to the needy...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.12

Date disbursed

Apr 24, 2018

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: 5% of $143.12 = $6.43

Credit risk payment: $25.73

Lenders

T

Tmann

Los Angeles, United States

D

DrFeelGOOD

San Jose, United States

ErikN

Stockholm, Sweden

Ambrose

Calgary, Canada

S

searthsong

Colorado Springs, United States

johnandmoliehi

Canton, New York, United States

K

Kumaran&Thea

London, United Kingdom

M

Markus

Tirschenreuth, Germany

Aggul

London, United Kingdom

Y

Yasha

Beer Sheva, Israel

S

sourabhj

Sydney, Australia

DocCindy

Bay City, United States

N

NancyG

Victoria, Canada

B

BluckeyeFan

Columbus, United States

T

tomdeneire

Eke, Belgium

birtom

Ettlingen, Germany

Namaste250

Pittsford, United States

OlyRhys

Olympia, United States

L

leeirel

Edmonton, Canada

Tania

Antwerpen, Belgium

nmatpt

Lisboa, Portugal

tswickrama

Orlando, United States

B

Bokolo

Leeds, United Kingdom

C

cerowain

Melbourne, Australia

MarshFamilyUK

Canterbury, United Kingdom

dmirpuri

Bangkok, Thailand

sderickson

Berkeley, CA, United States

G

gbelote

United States

cc5alive

Los Angeles, United States

B

bugdaniel

Switzerland

joshuacollinson

Vienna, Austria

B

bscent

Hong Kong

V

vbud

United States

I

idris

United States

K

Keith

Luxembourg

K

Kristiina

All Countries

Sara

United Kingdom

Peter R

Fulda, Germany

Elias

Ulm, Germany

Jason Ogg

New Zealand

Jack Doolan

Newcastle, United Kingdom

ME

Manaal Eisa

Washington DC, United States

Carla

Amsterdam, Netherlands

E

eriklonnroth

United Kingdom

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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