Name
Ian
Member since
November 2012
On-time repayments
17 installments • 18%
I live in Githurai 45 off the Nairobi-Thika superhighway. My business is located near Kassmatt supermarket. I live in plot number 43 at Githurai 45. I operate an electronic shop that deals with all sorts of electronic gadgets and spareparts at this town. I have a good number of customers that buy from my business premises. I get most of my supplies from Nairobi town at a relatively lower price than other retailers out of Nairobi.
My business entails an electronic shop at Githurai 45 estate. I do sell all electronic parts for electronic machines and also DVDs, VCDs, CDs. I started the business six years ago and it is well established at the estate. I have established a good rapport with my customers and most of them prefer to get these crucial services from my business. The main challenges that the business encounter are lack of enough finances to frequently expand the business, high cost of electricity and frequent fluctuation of transport fares from Nairobi.
Hi lenders,
I would like to use this loan that I will get from Zidisha organization to do the following. First, I would like to buy more stock for my business. This festive season is good for business and the market is good at this moment. So with more stock I will be able to make more returns. Secondly, with this loan I would like to shift my business to a more bigger room as the one I am operating in is small and thus I will be able to reduce congestion especially during the evenings when I have many customers.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Dec 25, 2012
Repayment status
On Time
Projected term
18 months
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