Alexander

Saika Estate, Kasarani Constituncy, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alexander

Member since

April 2013

On-time repayments

15 installments  •  53%

About Me

My name are Alexander Mbunza Ndemwa I am single but will get married very soon. I,m born again Christine ad I like and love all people without discrimination because we are all children of God and God love us all.My parent have other four children which I help in paying their school fee as my parent are not well off. I started my business few years after graduating from my o level exams.I worked for a bout two years as a casual labor in construction industries where again experience and started supping building materials to hardware shops the area.

My Business

I started my business of selling building materials and equipments to hardware shop along Embakasi and Kasarani and Utawala and Githuuguri in the year 2008. The business staterd with a small capital which was able to save from my cashual labor and has grown from Kenya shillings 20000 to Kenya shillings 100000, My main products which I supply includes Tape measures,,steel branshes, water fittings,, sand papers, steel nails,padlocks and any more building and constriction material and equipments, I buy my products direct from manufactures and dealers and sell them to all the hardware shops at a whole sales price. The main challenge for the job is lack of enough capital to buy enough product to satisfy the market and customers. Also high cost of transport is also a big bother. In a month I make a profit of Ksh 30000 which I use it to pay for my basic needs such as house Rent ,food and support my parents and the rest is proughed back to business. Zidisha kndly support me by providing loan to expand my business step by step and I hope we are together on this.

Loan Proposal

I wish to tender my loan application to Zidisha Micro finance family My business is of supplying building material and equipments to the local hardware shops in my area and I really needs some financing boost my . Hope your will be willing to fund me on this my first loan with you and hope we will always work together in future to improve my business and move it to greater heights. Your biding is most welcomed

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 4, 2013

Repayment status

On Time

Projected term

12 months

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