Entrepreneur
Name
Flavian
Member since
January 2014
On-time repayments
138 installments • 17%
About Me
My name is Flavian Adhiambo. I am 21years old. I am the first born in a family of five. I live in Mombasa in a town called Mazeras. I own a small personal business where I sell female clothes and beauty products. I started this business so as to make profit to expand it. I also contribute in charity work in various orphanages in my community. I purchase more business products from the earnings of my business and use part of it to cater for my personal effects.
Zidisha micro finance is very convenient as it enables any ambitious individual to acquire money from potential lenders to improve their small businesses and even make them grow. From the earnings obtained from an individuals particular business, he/she is also able to improve their ways of living and to also uplift others by informing them about its benefits and advising them to join Zidisha as well.
My Business
My business is located at Mazeras shopping centre. The source of income that I will use to repay the loan with, will be from the savings I have made so far from the earnings of the business and also from the later made profit made from the business. my business provides the latest women's clothing which are fashionable and suit their preferences. Beauty products are considered as ladies best friends and therefore there is so much demand for these goods and products. My customers prefer my business to the competition because I always interact well with them and also meet with their needs and demands. in terms of orders I always deliver on time. The business is profitable because I clear my stock frequently due to the high demand of products. My business though faces risks such as shoplifting due to overcrowding of customers on different occasions. My typical monthly costs add up to ten thousand, my sales revenue add up to fifteen thousand and my profits range between eight thousand and ten thousand.
Loan Proposal
I need to purchase more business products for more earnings of my business and cater for my personal effects also.
Zidisha micro finance is very convenient as it will enables my ambitious move acquire money from potential lenders to improve my small business and even make me grow. From the earnings obtained from this particular business, I will be able to improve my way of living and to also uplift others around me and inform many about zidisha's benefits and advising them to join Zidisha as well.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 12, 2014
Repayment status
Late
Projected term
32 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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