Improvement of beverage store and repairing motortricycle

Hermon

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Hermon

Member since

March 2019

On-time repayments

71 installments  •  52%

About Me

I am Hermon Omondi a 38 year old Kenyan who sponsored myself after high school to University and started a motortricycle business in Kisumu Kenya after securing a loan. I use Zidisha loan in maintenance of the same. I am also a high school teacher in Siaya County of Kenya

My Business

I pump in money into my two businesses of a beverage shop and tuktuk from online loans and salary. I save money from the motortricycle business and add it on to the beverage business which I conduct in my rural village in Usigu Division of Siaya County Kenya. I however decided to specialize on the Bar business. I have improved the Alcohol business and changed name to Dimorez Lounge which is doing well.

Loan Proposal

I would like to increase my stock for the beverage store that I operate in my rural home Usigu village pub in Siaya County (Othenges -nickname) and finalize repair of my motortricycle/tuktuk which had a mechanical hitch and needs to be up and running in the transport business. I will rely heavily on the businesses together with a side hustle that involves consultancy in training facilitators in Evidence based interventions for some NGOs in Kenya. My salary will also supplement.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

Sep 3, 2019

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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