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Entrepreneur

About Me

I am a 22 year old university student. I am from a poor family, hence i am raising my fees through my small business. I operate an m-pesa and a cereal shop as well as typing services. Apart from the shop, I also trade on second-hand clothes popularly known ass Mitumba in Kenya. After i completed form four in 2012, i was employed in an a shop where i earned ksh 5000 pa month. I saved 2000 per month and invested in the charcoal and fish business which helped my own my first shop in 2014. After I joined University in 2014, i learned computer basics on my own and started using the skills to earn myself some income. Currently, I type articles for different clients and make at least 500 bob per week. I have been able to buy a computer and start typing services in my stall. Apart from expanding my stock of clothes, I also plan to increase my clothing sales so as to be able to start a cyber cafe mid-next year.

My Business

My business is retail. I sell cereals and operate an m-pesa shop. Much of my finances are through savings since i have not been able to get any loan from any organization. I also typewrite and offer other writing services. I mostly use the income from typing to expand my shop. I am also engaged in charcoal and fish trade but this, I do on demand. With the Kes 400 loan i received from Zidisha, i bought a stock of mitumba clothes which i have been selling. Since then my capital for mitumba clothes has risen to 2000 and i have managed to repay the borrowed loan. Zidisha is empowering me and I wish to go greater heights. Zidisha is helping me realize my dream. I have now discovered that am making a substantial amount from selling clothes. Hence, I intend to gretly increase my stock of second hand clothing. This will enable me accumulate enough profits to start a small cyber cafe because due to the increased cost of living in Kenya, an unemployed person like me cannot depend on a single line of business.

Loan Proposal

Given this amount, i intent to open up my business capacity by increasing my stock value. I also intend to renovate my operation place; do some painting and some woodwork. The loan will also give me the added advantage of paying my taxes on time given that currently we are at the beginning of the year, a time when businesses are required to renew their operation licenses. Given the amount, i will be surely at a safe level to improve my business which zidisha has helped me grow

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