Health & beauty products

David

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David

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

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 24, 2016

Repayment status

On Time

Projected term

26 months

Lenders

PG

Paul Graham

United States

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  • David    Jun 17, 2020

    Pandemic

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  • David    May 9, 2020

    Corona pandemic

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  • David    Mar 31, 2020

    Thank you lenders and zidisha for your timely and continued support.

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  • David    Mar 31, 2020

    Current situation in the world due to corona virus

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  • David    Feb 12, 2020

    Still working on the new business

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  • David    Dec 26, 2019

    Stil working on a new business.

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  • David    Nov 16, 2019

    Started another business

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  • David    Oct 14, 2019

    To prepare myself after loan

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  • David    Oct 4, 2019

    Dear Lenders
    Thank you very much for your faith in me.I Will use the loan to boost the business. I am striving to attain 100% rating in this loan.

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  • Margaret    Sep 30, 2019

    Good luck David with your new loan!

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  • David    Aug 3, 2019

    Hi lenders
    The loan i just finished paying was very beneficial because i was able to pay part of my child's school fees.
    Thank you for believing in me.

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  • Daniel    May 25, 2019

    Hello Lenders,

    I have spoke to David and he will be making the payment today

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  • David    Feb 18, 2019

    Due to unavoidable circumstances

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  • Daniel    Feb 15, 2019

    Dear Lenders,

    I have spoke to David and he has assured me to be making the payment on time.

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  • Daniel    Jan 6, 2019

    Dear Lenders,

    I was unable to reach David but i spoke to his cousin to pass the message to him.Thank you

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  • David    Mar 7, 2018

    Thank you very much lenders.You are a big blessing to me.Remain blessed

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  • David    Feb 21, 2018

    Dear Lenders,
    I have started the year well by God's grace.I expect to finish paying my loan soon.I have also started inviting new members.Thanks so much for your support.

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  • David    Dec 1, 2017

    I take this step due to the business environment.I still believe that i wont let the lenders down.i will clear the loan as soon as possible.Thanks for your support.

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  • David    Oct 19, 2017

    Dear Lenders
    I am still determined .The business is affected by the current economic situation as a result of our elections in Kenya.But i know by God's grace we will be through.

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  • David    Oct 19, 2017

    business down

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