Philip

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Philip

Member since

May 2013

On-time repayments

329 installments  •  47%

About Me

I am a Kenyan born citizen, married and residing in kajiado county,kitengela area.
currently am a sales representative at a local bank on contract bases.iam a qualified Certified Public Accountant of Kenya and within a short time i will be graduating with a Bachelor of Commerce from the University of Nairobi.
The reason is statred this business is to supplement my income and also am a result oriented,motivated,ambitious,hardworking and ready to work in a challenging business environment.
i will utilize the funds to increase my stock since my area has potential for business growth and has a ready market for my products.

My Business

I do sell Men smart and casual wears.
There is a ready market for the products since the area is an upcoming middle class suburb kilometers away from the capital city Nairobi.
I prefer this kind of business due to the fast moving products.
The area is vast wide surrounded by the all the major banks,cement factories and also host the headquarters of Export Processing Zone.
The business is profitable although the challenge is that it is on a small scale but worth doing and am taking one step at a time.
Profit and Loss Account
Revenue-Sales(trousers and shoes)
10 @ 700 +6 @1000= ksh 13000

less costs
10 @500 + 6 @ 700 = ksh 9200
miscellaneous = ksh 700

profit = ksh 3100

Loan Proposal

I am so excited to be associated with zidisha .applied for the first loan and four months down the line managed to settle the amount without any challenges and this loan assisted me alot .currently i require the above amount to be able to expand my business by adding more stocks .my form of business demands movement from one area(HAWKING) to the other depending on the market day.your contributions towards this will be highly appreciated

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$301.00

Date disbursed

Dec 9, 2013

Repayment status

On Time

Projected term

13 months

Lenders

karestan

Toronto, Canada

A

aliasadsj

Queens, NY, United States

M

MattLondon

London, United Kingdom

Pierfausto

Rome, Italy

Susansfund

Colorado Springs, United States

M

MorganBlue

United States

N

Navigator

Alavus, Finland

jan73

Eugene, United States

Zal0m0n

Atlantis!!!! x), Mauritania

Richard Griebe

La Jolla, United States

V

vickylizette

San Francisco, United States

Ask Philip a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...