Zidisha |

Nicholas

Nakuru, Kenya

100% repaid

Follow Nicholas

How it Works

Entrepreneur

Name

Nicholas

Member since

January 2011

On-time repayments

163 installments • 77%

About Me

I am a man aged 50years with a wife and now 5 beautiful children.I am a businessman, runing a shop at mitimingi trading centre. I deal with consumables and non consumables. Zidisha team and the lenders have assisted me so much and improved my standard of living and that of my family. With profits from loans granted, i have taken my children to good schools and three of them are in universities now a proud to say my firstborn born daughter graduation is this December. Thanks
to zidisha lenders and entire for regular and timely loans over the years. I need another loan to boost my business and repair my vehicle which i use to transport goods at my shop.

My Business

my business deals with selling both consumable and non consumable goods. this includes food stuffs, farm inputs(fertilizers, seeds), farm tools(hoes, spades, axe), animal feeds. this business also include a boutique. the business is worth kshs 200000, and approximately makes a profit of kshs 15000 every month after paying all the bills and paying a salary of kshs 10000 to my employees. challenges in running the business are, counterfeit goods in the market but cost like the genuine good but of low quality, change of fashion, unpredictable change of foods stuff prices, high competation, poor infrastructure eg poor roads during rainy season leading to high cost of trasportion.

Loan Proposal

Hi. May start by thanking my good lenders and the entire zidisha team. Happy new year to you all.
. I put the previous loan into good use and made substantial profits that I used to pay school fees for my children. I now request for a new loan for this year. Its the best time to stock as prices are low and roads passable.
. I kindly request that you grant me the loan and promise to do my best to pay in time. Thanks once more and God bless you all.