Zidisha |

Francis

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Francis

Member since

October 2010

On-time repayments

128 installments • 18%

About Me

My name is francis Nganga mwangi, I am a Kenyan aged 43 years, I am married and working on semi-permanent basis at Mugaa secondary school .

My Business

I own a business where I supplement my earnings to cater for my family, from it I have been able to meet my family needs. To pay fees for my 1st daughter who is in the university and two daughters in the secondary school. And to do some farming.
My business operate at a capital margin of about Kshs 10000 where am able to buy 3-4 sheep from market and slaughter them in three days. The rate of consumption is high but my capital is not able to service it for a week. With a stock of ten sheep I will be able to enlarge my business to serve more customers thus making a higher profit.
I am now requesting zidisha to loan me 30,000 at an interest rate of 5%, grace period of 12 month, credit period of one year. With this loan I will be able to boost my business to serve more customers thus making a higher profit to be able to meet my family needs and repay the loan

Loan Proposal

i am planning to expand my business by constructing my own slaughter house.this will enable me to slaughter like 5 sheep a day n sell them to butcher men, a part from meat business i told u earlier that i run a video show hall. this business is doing fine because i normally show educative videos which is being encouraged by the community.
so i am also planning to buy a project n modern devices to improve the qualifty. i also give them dstv relatated fun e.g premier leagues