Zacharia

Kiamunyi, Kenya

100% repaid

Entrepreneur

Name

Zacharia

Member since

May 2013

On-time repayments

54 installments  •  69%

About Me

I have a family of two boys all of whom are in standard five and top class.I am a college graduate and i have worked as a fire fighter in Kenya Navy and Iraq.I started this business of ornaments due to demand and Nakuru being one of the most tourist attraction centers, this business looked more viable and profitable.Secondly, this type of business has given me the exposure of interacting with tourists and currently iam in the process of initiating this business in the US with a friend we worked with in Iraq.Well, i feel advantaged due to my competitive edge in selling this products right inside the town. An addition of more funding means expansion of this bushiness and more income.
The money being requested therefore will be used in adding more stock on the yet not available products.

My Business

This business is all about curios and ornaments( This includes human/animal features, bracelets, necklaces). There is demand due to tourist attractions and as well local customers who buy from me to go and supply elsewhere.Our customers prefer my stall due to availability of goods , quality services, pricing and promotion strategies that we have developed of late using photos, pamphlets and post cards as well as word of mouth.This has given us a competitive edge over others.
In any business there are challenges.Such challenges can be prices, poor promotion strategies, marketing and as well as low turn out of tourists now that we are focusing on this.However, risks being averse, as a prudent business man for years and the experience that i have in this business we are trying at all times to make sure that our sales promotions is all above par to compete with the existing markets.

Loan Proposal

I once more thank the lenders for according me the third chance to secure a loan for my business. I will use the funds to purchase more curios and items that are in demand now that we are approaching Christmas and having more international tourists coming to visit Kenya. I look forward to meet my clients needs so that my business can grow locally and internationally. As a business, i know that within no time as i receive cash, i will be able to repay back and get the fourth loan as a way to expanding my business. I look forward to starting a business empire under your funding.Thanks.

Feedback

3

1

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$193.00

Date disbursed

Oct 20, 2013

Repayment status

On Time

Projected term

16 months

Lenders

lucafrangi

Vienna, Austria

C

chkuo

Taipei, Taiwan

A

anonymus

Moon, United States

B

Bavarian

Bavaria, Germany

W

Walker

San Antonio, Tx, United States

T

tkromm

Agia Paraskevi, Greece

K

kosatka

Slovakia

Greg1

Southampton, United Kingdom

Sarasota

Sarasota, Fl, United States

A

Adiuvo

United Kingdom

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

Loading...

Loading...

Loading...