Yator Tallams

Nairobi-pipeline, Kenya

100% repaid

Entrepreneur

Name

Yator Tallams

Member since

May 2013

On-time repayments

337 installments  •  7%

About Me

By profession, am accountant. Am pursuing a degree and am also working besides managing my business. Further more am tutoring accounting during my free times especially weekends.

I do belief that in any developing country business is key to success. It’s always a positive effect when it comes to exporting locally produced products hence upgrading economy rather than importing products.

With the proceeds I derive I normally try to expand my businesses. my business actually started as selling Milk then I combined to be also tea kiosk. There after I made some savings and started a furniture shop which is doing well now. With the proceeds I derived I also decided to be an Mpesa agent delivering safaricom services .I normally serves several customers that really calls for more and more capital.

Also, I have finished applying for cooperative bank agency so as to offer its services eg account opening, deposits especially rent payments through the agent etc. I do belief that with Gods blessing and your support I trust that whole my ambitions will be fulfilled.
I sincere hope that ZIDISHA MICRO FINANCE will help me achieve my dreams.

My Business

My business is situates at outering road pipeline area have more than one business in the same locality.

First I started with selling milk before I joined with tea and small food stuff. After that I came with furniture shop. I have employed carpenters and I have bought machines used to trim timber before usage

I come up with the business since there is a high rural urban migration where it initiates a high demand for the same.

Normally we make daily daily sales due to these. since we sell at affordable prices we make sales and enable me acquire profits which ensured that I expanded my business and now am yet to accomplish my degree at the same time.

Recently I successfully managed to acquire an mpesa services acting as an agent. With the same shop for mpesa I have also applied for COOPERATIVE BANK AGENCY to also offer services just similar to the ones offered in the bank. After meeting the requirements the agency might operate as soon as as possible.

I normally spent over ksh.100000 and in return I get over ksh. 50000 in net profits.
I normally face challenges like lack of capita to expand and in business like mpesa and cooperative agency it needs a good capital as the more I have the cash the better in meeting all the customers’ interests.

I sincere hope that ZIDISHA MICRO FINANCE will help me achieve my dreams.

THANKS.

Loan Proposal

i would like to take these opportunity to congratulate the Zidisha family in large,the lenders and staff as far as we are also concern for your great work your doing.i am also happy that i qualified for the second loan and would grateful and i would really term it as a dream precious step since my business has really improved since i joined Zidisha.
Apart from my current business as Cooperative agent,an M.pesa agent and a carpentry shop,i will also be receiving the till for equity agent as by next week and the loan will have come at crucial period to boost my business.
As i have done before,i promise to keep communicating to my lenders as my business too grows.
Thanks and be blessed.

Feedback

6

None

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$493.66

Date disbursed

Aug 18, 2013

Repayment status

On Time

Projected term

25 months

Cost to entrepreneur

Lender interest: $493.66 at 6.58% annual rate over 25 months = $69.39

Service fee: $37.66

Lenders

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

B

Bpryse

Long beach, United States

E

Enrique

Plano, United States

B

Bcschaffner

York, United States

M

m_dennis

Toronto, Canada

W

Walekkelson

Brisbane, Australia

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Landei

Sandersdorf-Brehna, Germany

B

bopsquod

Seattle, Wa, United States

mossuto

Milano, Italy

VALEK

Canberra, Australia

Bill2073

Florida, United States

W

Walter01

Kingston, Canada

W

wally

Torino, Italy

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

Loading...

Loading...

Loading...