Zawadi

Mtwapa, Kenya

49% repaid

Entrepreneur

Name

Zawadi

Member since

January 2013

On-time repayments

11 installments  •  18%

About Me

my name is zawadi dzomba kasere. i live in mtwapa in moombasa kenya. am married and i live with my husband here. am blessed with four children two are boys and two are girls. the first born is in form three going in form four this January. the second born is in form one. the third born is has promoted to class eight and the fourth is in class six. my education background is class eight of kenya primary education . after doing my last primary education i could not proceed on with studies. because my family could not manage to pay my school fees therefore i had to look for small business to do so that i can earn my living.i started business because i wanted to get some money and be able to cutter for my living and sustain my living for the future.with my earnings from the business i do pay school fees for my family and increase my business by adding more stocks.my business has been doing very well to the place where i had been operating it since even the customers had been backing it everyday because it is a better and convinced method to them and this system it has given my clients a better fishing systems

My Business

my business is of hiring of diving gas cylinders to the divers fisherman's i do hire to them ranging from four hours to eight hours .the demand for this goods is very high because this business it is the only one that i introduced to the local people or fisherman so it has a good demand.because it is the only system which it is giving the fishermen a better fishing method to them.my customers prefer using this method of fishing using my cylinders and they do prefer this as it is the only better fishing method they can use.this business is profitable because i just hire my equipment to them in hours and i charge ksh 100 for one hour and i have four gas cylinders whereby by the high demand of this the number of the cylinders that i have are too small.and this is why i need this loan from zidisha so that i can use this loan to buy two more cylinders so that i can be hiring more of them and increase my earning.the risks of this business is not to be mention because because it has no high no pick season or off season the business goes on well most of the time.my monthly cost expenses which includes oxgen refil is ksh 3000 per month and my monthy sales revenues is ksh 46,000. this gives me a omnthly profit of ksh 43,000.

Loan Proposal

i will use this loan to add or buy three oxygen cylinder to my business so that by doing this i will be able to get more income through hiring of them to the divers and the fishermen who go deep sea and hunt for the best size fish to catch and sell. i will be also given an opportunity to the divers who catch live fish and sell them to aquarium. so in short this loan will help me expand my business well.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$491.00

Date disbursed

Jan 4, 2013

Repayment status

Late

Projected term

12 months

Lenders

investor

Candiac, Canada

M

m_dennis

Toronto, Canada

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