Health & beauty products

David Muthini Mutiso

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David Muthini Mutiso

Member since

January 2016

On-time repayments

256 installments  •  86%

About Me

Am David Muthini Mutiso and aged 47 years. We are a family of 6.My both parents are late. I am the first born in the family and I take care of our young 5 siblings. I come from Machakos county. I am married and blessed with 3 Children. Our life is very challenging because of the support to be given to our nuclear family and the extended families. I work as a Pastor and also sell health products. I came to think about business because the salary is not enough with the many problems of school fees etc. I started selling 4life Health products, the website is www.4life.com. The profit I get I use part of it for our needs and the rest goes back to the business. This has kept us going up to now.

My Business

I sell 4life health products because they are supplements and they are in high demand. I started the business with Kshs. 20,000.00 ($215) – 25,000.00 ($263).
I get variety of the products when I pay the above amount .
I get profit of about 50% which helps us in our daily expenses and also reinvest in the business. After selling the 1st lot I reinvested the money and bought more products. .

Loan Proposal
Once I get the loan I intent to use and bring in more stock and also start selling beauty products. This is because I have not yet been able to supply all the varieties of the 4life health products thus not yet met the high demand.. The place has many residential houses so the market is good. I plan to rent a shop and employ an attendant to assist in sales. When I buy variety of health and beauty products I will manage to save from the profit. As there are so many poor people in our country I will introduce them to Zidisha so that they also get loans and create employment.

Loan Proposal

Once I get the loan I intent to use and bring in more stock and also start selling beauty products. This is because I have not yet been able to supply all the varieties of the 4life health products thus not yet met the high demand.. The place has many residential houses so the market is good. I plan to rent a shop and employ an attendant to assist in sales. When I buy variety of health and beauty products I will manage to save from the profit. As there are so many poor people in our country I will introduce them to Zidisha so that they also get loans and create employment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.39

Date disbursed

Jan 24, 2016

Repayment status

On Time

Projected term

26 months

Cost to entrepreneur

Service fee: $6.24

David opted to pay $41.41 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

PG

Paul Graham

United States

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