Entrepreneur
Name
Nassib
Member since
April 2013
On-time repayments
32 installments • 6%
About Me
am the first born in a family of seven having completed form four level of study the year 2012.i joined chumani secondary school the year 2009 having completed my primary level the preceding year in chumani primary.am now the dependable man in our family as my dad died long in the year 2000.i just operate a small shop which don't have enough stock due to lack of capital.i stated the business to be able to maintain our family to relieve the load from m,y mum who was the care taker of our family since the death of our dad.the earnings from the business are used to buy food for the family pay for school fees of my sister who is in high school and also improve on the stocking. my sisiter now intends to join college am very glad to be the one through zidisha loans to make her how she is
My Business
i started my business the year 2010 February after completing my O level study of education. In the business i mainly deal with vegetables although i usually mix with other products which are in demand at the area like flour both maize and wheat.thee demand of these products is due to the residential premises which are surrounding the area.due to solely existence of the business most people prefer buying from my premises ,also the proper and friendly way that i deal with my customers makes them like my services hence buy from me.the business is that profitable because of the high demand of the products hence increasing the sales.the risks from the business is when the products expire since i deal with products which expires easily. the monthly income is kes 25000 expenses is kes12000 and profit is kes 13000. i have now introduced a retail shop and employed two more boys to help me
Loan Proposal
given ksh.17000,i will use ksh.10000/= to improve the stock of wheat and maize flour which i saw to be in great demand and it greatly helped clear the first loan.i will use five thousand Kenya shillings to increase the vegetable stock which is the one i started with as the mother business and it have taken me to a great height.the remaining amount will be used in other miscellaneous expenses like transport of the items to the premises. please help me zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Oct 3, 2013
Repayment status
Late
Projected term
29 months
Other loans
Lenders
UK, United Kingdom
Brooklyn, United States
Tromso, Norway, Norway
Gold River, Canada
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