Entrepreneur
Name
Zakaria Maina
Member since
March 2013
On-time repayments
29 installments • 0%
About Me
Am a married man blessed with 5 children living at mtwapa in and i live in my own house.My first brn finished form 4 while the others are still schooling.I live next to Golden key academy.Am a driver and a businessman.I completed primary and secondary education and did not go furter due to fiancial problems.I started a business because my job could not fully provide for my family so had to in order cater for all my family daily needs.I use my business earnings to pay school fees fpr my children and save the rest for the business growth.
My Business
My business is of buying and selling of food staffs e.g cereals. I own a shop at mtwapa.Food being a basic need the deman for food is always there because people have to eat. most people prefer my shop beacause i buy e.g cereals in large quantities and sell them in small quantitiies so its affordable for the medium local people and i also offer credit basis for my custormers.The risks involved in this busines is that other people may like ready made food, creditors take long time to pay the debts and high competition in the area.I make around 2,500 sh per day thus 75,000 sh per month. Daily expenses is about 800 sh thus 24,000 sh per month. I also buy new stock every month worth 20,000 sh .When i do all calculations i remain with 30,000 sh per month.Once i get this loan am looking forward into adding my stock.
Loan Proposal
Hello, am happy to have been granted to post a loan application. Thanks to the entire zidisha team for the hard work and devortion towards improving people's business.This is a good favor am getting to you.With this loan i want to make sure that i utilise my loan so that i can reach my targets. So i will buy stock and add to my business and this will hive mean opportunity to have a good access so as to repay mt loan in good time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 4, 2013
Repayment status
Late
Projected term
29 months
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