Entrepreneur
Name
Samuel
Member since
December 2012
On-time repayments
66 installments • 36%
About Me
my name is samuel kagecha kimani,i am 35 years of age.am married of one wife and of two children aged 12 and 3 respectively.am the second born of seven.i live in nakuru,mwariki estate since 1995.i do business in nakuru town.i started my primary school in 1985 and finished class 8 in 1994.i didn't have an opportunity to proceed with my education.from there i started a business of selling mitumba cloths commonly known as second hand cloth.i have been able to expand my business from what i have been getting as a profit from this business.also i have been able to buy a piece of land.plot number kiambogo block2-16703 Mwariki.which am waiting to put up a house for my family.sending my children to school has been another project resulted from this business.though there has been many setbacks here and there trying to coup up with life,business going up and down sometimes,i have been very positive about this business where i have been having experience of almost 20 years.i will always be focused at improving this business in Nakuru and at large.
My Business
i sell mitumba cloths commonly known as second hand cloth in nakuru ,kenyatta avenue. I sell all types of clothes even uniforms. I get around kes 30,000 per month that translates to kes360000 annually. I also do farming as business where I grow crop for a commercial purpose and for and for my family consumption.i see this business promoting us as the family because it has kept up on the move interms of school fees,paying workers and also expanding business for a better tomorrow.competition is stiff that why i don't sell one kind of commodity but i prefer selling different commodities ie bags,mens wear,ladies wear and also shoes at slightly lower prices.
Loan Proposal
I Samwel Kagecha KImani of ID 14570896, If i get the money from Zidisha i will be able to add more stock to my business and especially this time of holiday and the time School is going to be opened on 6th May, 2013.
I also sell different varieties of bag like handbags, Schoolbags, Travel bags, Wallets, Women Passes, Mountain Bags, Laptopbags etc.
The profit which i will make through the money you will lend me, i will add more stock to that business and i will be able to make more customers to that business and to make more profit and again through the profit which i will get i have two Children who are in School, I will be able to pay their school fees and to buy their books and other Children needs in School and even at home and their Mother at her business and some expenditure like clothing and other needs that Women need and even i have my needs also i have Parents and they need my support from me.
The business is located in Kenyatta Avenue. Nakuru. County in Nakuru Town CBD area along Kenyatta Avenue behind Family Bank, along Club Lane Road. It is the business area in NAKURU town where the second hands clothes are sold and new clothes are sold too. THrough the customers which i have and others will come to buy for me and i will be able to pay the Loan in time which i have a greed through the mercies God because i know the business will go well. After six month to come am planning to open one branch which my will manage it and there after to open other branches outside our town Nakuru like Naivasha, Njoro, Molo, Bahati, Subukia and other towns found in in Nakuru County. i will be able to create more employment to others through the profit which i will make from Zidisha Organization Programme
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 24, 2013
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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