Entrepreneur
Name
Mauricen
Member since
January 2014
On-time repayments
322 installments • 85%
About Me
I am a Kenyan citizen living and doing business in Nakuru outer-ring. I am running a fitness center business based in section 58. This business facility started in the 2013 beginning and has since generated a lot of interest thereby translating into an ever growing customer base. This has made my business to withstand various challenges over the recent past including the economic changes by the government pertaining business operation in Kenya. The business runs a recreation center including various gym equipment and a pool table that generates enough income to sustain the business. Earnings from the business are usually used to fund daily operations and other expenses such as paying labour, utility bills such as water, electricity, rent and other logistical operations.
My Business
The business is all about being healthy and maintaining fitness among the populace. The facility charges 100shillings per day per day for individuals who wishes to partake their daily exercise. By this, the business makes an income of up to Kshs 100 per day with an average of fifteen people in a single working day. The total income from the business is averagely kshs32,000 per month. The total expenses amount to kshs18,000. This leaves the proprietor with a net profit of kshs14,000 per month. The major challenges that i usually experience includes the frequent power shortages which occur without notices. My intention is to acquire the loan and use it to fund further expansion and operations of the business including opening new branches and addition of more modern gym equipment. I believe with my current earnings, i will be in a position to adequately repay the loan as scheduled by zidisha team.
Loan Proposal
SINCE YOU HAVE HELPED ME SO MUCH, I STILL WANT TO EXPAND MY BUSINESS BY PURCHASING ADDITIONAL EQUIPMENT TO CREATE MORE ROOM(INCREASE THE CAPACITY) AND BRING SOME REFRESHMENTS TO THE BUSINESS TO ATTRACT MORE AND RETAIN CURRENT CLIENTS. MY AIM IS TO HAVE THE LEADING BODY FITNESS FACILITY WITH MODERN EQUIPMENT IN THE REGION. WITH YOUR HELP AM SURE I AM GOING TO ACHIEVE THIS MORE EFFICIENTLY. THIS WILL HELP ME REPAY THE LOAN WITH A LOT OF EASE TO ADVANCE TO THE NEXT STAGE AND ATTAIN MY ULTIMATE GOALS. THANK YOU SO MUCH.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$282.00
Date disbursed
Mar 3, 2015
Repayment status
On Time
Projected term
10 months
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