I will use the loan to add stock in my shop.1st i am going to purchase four bales of baking flour at kes 5,200,40 liters...

Rocylider

Bumala, Kenya

100% repaid

Entrepreneur

Name

Rocylider

Member since

January 2014

On-time repayments

131 installments  •  58%

About Me

Am rocylider malamba ocholi. I was born in the year 1981/05/15 . am a single mother of two kids whom I live with them here in Bumala .i schooled at st.cecilia nagingina girls high school after which I joined Eregi teachers collage.
i run a small retail shop in Bumala of which at the moment have employed one person to make sales while at my job.I started this busines seven years ago after completing my teaching course and failure by the Government to employee us immediately.

today I am a teacher by proffesion and am employed by the Government of Kenya as a Mathematical and Science teacher at Bujumba Primary School.

My Business

I am a teacher by proffesion and am employed by the Government of Kenya as a Mathematical and Science teacher at Bujumba Primary School. Besides that i run a small retail shop in Bumala of which at the moment have employed one person to make sales while at my job.I started this busines seven years ago after completing my teaching course and failure by the Government to employee us immediately.
The capital which i used to start this business i was given by my father. Before i was employed it's this busines that used to pay all my bill.
I have so many customers because my prices are fair and because Bumala is a growing town customers increases day in day out. And because of big sales i am able to get good profit. The risk i have been facing is lack of capital to expand my business. My average monthly cost is KES 60,000 with sales of upto KES 80,000 and profit of KES 20,000 per month. The loan i will get from Zidisha i shall invest in the business because it's the business that will pay the loan but in case of any problem i will use my salary to repay the loan.

Loan Proposal

I will use the loan to add stock in my shop.1st i am going to purchase four bales of baking flour at KES 5,200,40 liters of cooking oil at KES 3,800 and 50kgs packed sugar at KES 4,500 of which i will repack into 1kg then sell at a low price.

This product i am going to stock are the fattiest moving goods at my shop and they are most profitable too.I am sure too in investing in this kind of goods with the loan will give me easy work to repay the loan as schedule.Since in one week which is the grace period i would have sold almost everything,restock and profit earned pays the loan.

All in all i urge lenders to bid for me and i thank Zidisha too for accepting my application.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 5, 2014

Repayment status

On Time

Projected term

7 weeks

Other loans

Lenders

B

Bavarian

Bavaria, Germany

Sarasota

Sarasota, Fl, United States

V

Volpone

Geneva, Switzerland

C

CZC

Lake Zurich, United States

C

cranejoad

cazenovia, United States

OP

Old People

Corona Del Mar, United States

P

payette

Ottawa, Canada

K

Kendah72

United States

P

Peaches

United States

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