Name
David
Member since
April 2012
On-time repayments
18 installments • 44%
I am single man age 24 year, I am first born in a family of three.i live in utawala estate embakasi (Hoga house plot no.19/ 6845 / 1222 A) I graduated from Mount Kenya University in the year 2011 in Clinical medicine.currently i am a lab technician at airways high school with a constant monthly salary.I am also a small businessman and i mainly deal with cosmetics and lady stuffs such as weaves, braids,perfumes etc which i sell in skymed chemist.i also own a motor cycle which i use for my business movements and sometimes to ferry passengers as a means of creating income for my business.
apart from working at airways high school as a lab tech. i also deal with sales of weaves,braids, perfumes, and hair oils which i do from skymed chemist in githunguri.it makes good profits but i need some capital so that i can become a distributor of darling hair products company so that i may set up my own big shop and leave skymed chemist to a family member for management.i buy my products from other distributors in Nairobi town and this limits the maximization of profit in my business.i want to cut the middle men out and go directly to the company.
granted this loan, i will use 25,000 to buy hair pieces,hair oils, weaves and other hair products to increase my stock for my business which is rising slowly after my first loan from zidisha, 10,000 i will use to furnish my cosmetic shop including constructing a small bench where customers can wait as they are served, 40,000 i will use in addition to my 20,000 savings to buy a new motor bike for transporting customers in my area and also delivery of goods from my shop to salons who are by now asking for free delivery services.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$908.00
Date disbursed
Oct 25, 2012
Repayment status
Late
Projected term
15 months
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