Improving my pool tables

Fred

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Fred

Member since

March 2015

On-time repayments

248 installments  •  33%

About Me

My name is Fred Ongaki I come from a village called Bogusero in Nyamira County. I went to Sengereri Primary school and then proceeded to Nyamiranga secondary school for my secondary education. I passed very well and was called to Join Kenyatta University for higher education. I completed my undergraduate university education in 2011 and decided to venture into business because in my country Kenya the level of unemployment is very low and therefore getting a job is something that is very difficult. I come from an extended family and we are 7 in our family: 4 brothers and 3 sisters. Am the eldest and for this reason I have to struggle to assist them financially in one way or another. My parents are not all that able and therefore they cannot raise all the fees required to pay for my other siblings and this made me to look for a business that can earn me something so that I can support them in one way or the other. I am happy about Zidisha because they helped me improve my business when they first gave me a loan and therefore let me hope you will continue offering me support. Thanks Zidisha and thank you lenders

My Business

I first started my business in 2012 and this was after finishing my university undergraduate degree and the reason why I did so was because I looked for an employment opportunity but was not able to find it anywhere and this is what motivated me to enter into the business of selling clothes. I first looked for a starting capital from some of my colleagues and it assisted me to venture into business. The loan I got from Zidisha assisted me to improve my business and now I own a very big boutique at kahawa wendani that sells all types of clothes. I sell all kinds of clothes especially the male and ladies clothes because they are on demand due to the high population around the area. Am sure that I will increase my business with coming loan. Some of the clothes I sell are:
Men’s trousers @$7
Women’s trousers@ $ 8
Men’s jackets @$5
Men’s shoes @$12
Ladies shoes @$10
Shirts @$4
THANKS LENDERS FOR YOUR SUPPORT

Loan Proposal

Currently I run two businesses , First I am a freelancer and therefore i plan to use the capital that i will get from Zidisha to repair my laptop or even buy new. Apart from freelancing , i also own a pool table in kahawa wendani a place known as Mamaland, The pool table gives atleast 600 per day and earns me around ksh 15000 per month. I therefore am interested in repairing it. This business consists of two pool tables but because they have been used for a loan. I have a small business of pool tables. . This business cosnists of two pool tables but because they have been used for a long period of time without repair or any maintenance i need your support so that i can repair my pool tables or even but a new one so that my business can be in operational throughout

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Jul 3, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Cathy

Melbourne, Australia

PG

Paul Graham

United States

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