Increase inventory and hire delivery / sales staff for wine and spirit shop

Evans

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Evans

Member since

March 2014

On-time repayments

160 installments • 4%

About Me

I AM MR EVANS AKALICHE A KENYAN CITIZEN WHO LIVES IN NAIROBI KENYA.I HOLD A DEGREE OF BSC AGRIBUSINESS MANAGEMENT FROM EGERTON UNIVERSITY.I AM ALSO A TRAINED ACCOUNTANT .I AM A SELF EMPLOYED PERSON WHO RUNS A WINES AND SPIRITS . I STARTED THIS BUSINESS BECAUSE I DIDN'T WANT TO BE A JOB SEEKER BUT A JOB CREATOR.WITH THE EARNINGS FROM MY BUSINESS I ALWAYS TARGET TO INCREASE STOCK AND GROW BIG.I AM A HARD WORKING AND FRIENDLY PERSON WHO ALWAYS AIMS TO ACHIEVE SET TARGETS.PREVIOUS LOAN I TOOK HAS HELPED ME INCREASE STOCK LEVELS IN MY SHOP AND THERE IS GOOD BRAND MIX WHICH HAVE INCREASED CUSTOMER SATISFACTION.I BELIEVE WITH THE HELP OF YOU GUYS I WILL BE ABLE TO GROW BIG.

My Business

AS DESCRIBED EARLIER I RUN A WINES AND SPIRITS WHOLESALE AND RETAIL SHOP.MY MAIN AIM HAS ALWAYS BEEN TO GROW BIGGER AND THIS I CAN ONLY ACHIEVE THROUGH INCREASING MY STOCK AND LABOR FORCE,THEREBY MEETING MY CUSTOMERS EXPECTATIONS.
MY MONTHLY INCOME RANGES BETWEEN 310US DOLLARS TO 400US DOLLARS.BUT WITH THE INCREASING DEMAND I NEED TO INCREASE MY SUPPLY,THAT IS,STOCK IN ORDER TO MEET ALL THAT MY CUSTOMERS REQUIRE AND ALSO BECOME MORE MARKETABLE.MY MAIN MARKET STRATEGY IS TO OFFER QUALITY PRODUCTS AT AFFORDABLE PRICE UNLIKE MOST OF MY COMPETITORS WHO HIKE PRICES.THE BUSINESS IS PROFITABLE AS MOST PEOPLE PREFER SPIRITS AND WINES AS COMPARED TO BEER BRANDS. THEREFORE THE LOAN WILL OFFER A BOOST TO MY BUSINESS.

Loan Proposal

IN MY WINES AND SPIRITS BUSINESS I WILL USE THE LOAN TO INCREASE STOCKS AND IMPROVE ON BRAND MIX IN MY SHOP.THE LOAN WILL HELP ME INCREASE MY CUSTOMER BASE AS I WILL HAVE MORE STOCKS TO SERVE THEM WHICH TRANSLATES TO AN INCREASE IN PROFIT .IT WILL ALSO ENABLE ME CREATE EMPLOYMENT AS I WILL INCREASE LABOR FORCE THAT WILL DO DELIVERIES AND SALES.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 3, 2014

Repayment status

On Time

Projected term

5 weeks

Other loans

May 2014: $448

Lenders

Silver

Steiermark, Austria

DLarson

Morris, United States

NicolaG

Mantova, Italy

Serene

Philadelphia, United States

howard

Vence, France

Sarasota

Sarasota, Fl, United States

Boeing777

United States

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Evans Feb 26, 2015

sorry for the delay i had financial problems but things are picking up and hope to start paying beginning end march 2015 please bear with me thanks

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Evans Dec 19, 2014

hi hope this finds you well
sorry for my delays in repayment is just that i had problems as my support staff stole my stocks in shop hence i was unable to continue doing business but have collected some funds to reinvest in the shop hence request to be given more time till January and wont fail you again.thanks

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Evans Aug 8, 2014

AM SORRY I HAD TO CHANGE MY REPAYMENT SCHEDULE BUT IT WAS DUE TO UNAVOIDABLE CIRCUMSTANCES .ONE OF MY SUPPORT STAFF DECIDED TO STEEL STOCKS FROM MY SHOP WHEN I WAS NOT AROUND AND THUS ADVERSELY AFFECTING SALES AS CUSTOMERS MISSED SOME OF OF THEIR FAVORITE BRANDS.THE LITLE INCOME I GET I USE IT TO PAY THE OUSTANDING RENT AND TO INCREASE STOCKS TO ATLEAST A CERTAIN LEVEL THAT CAN ENABLE ME RUN THE SHOP PROPERLY AND CONTINUE GENERATING PROFIT.MY PROPOSAL TO REDUCE THE AMOUNT TO PAY WEEKLY IS DRIVEN BY THE FACT OF POOR PERFOMANCE OF THE SHOP BUT ONCE IT IMPROVES WHICH IAM SURE OF IWILL INCREASE MY WEEKLY INSTALLMENTS.

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Evans Jun 11, 2014

i had to close the business for some time as there were new regulations put in place by the government which required all business to meet before continuing with their activities.there were cases of other businessmen engaging in the sale of unsafe spirits thus causing deaths and health problems to consumers.this led to the government cancelling all licenses and there was fresh application which required businesses to be properly examined before new ones are issued.businesses remained closed until they are cleared hence mine was cleared this monday which delayed revenues.

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Evans Jun 7, 2014

thank you all who funded my loan i will make sure i put it in good use and repay on time

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- JFais Jun 7, 2014
  
  wish you the very best of success!
  
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Evans Jun 2, 2014

thanks all who have raised the loan amount so far hope others will raise the remaining thanks in advance

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Evans Jun 2, 2014

Hi people I would like to thank those who've funded my loan so far.however i got very few days remaining for the remaining percentage to be funded.am kindly asking those who can to help fund my remaining loan percentage so as to help me achieve my business goals.i would really be greatful people.thanks in advance and God bless you.

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Evans May 27, 2014

Thank you all who have funded my loan so far.looking forward to receive the remaining amount.thanks in advance.

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Evans May 22, 2014

THANK YOU ALL WHO FUNDED MY PREVIOUS LOAN AS IT HAS HELPED ME INCREASE MY STOCK LEVEL.ZIDISHA TEAM YOU ARE DOING GREAT.

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Hadija Apr 25, 2014

Hi Evans,
My name Hadija, your VM.

I`ll be sending you a text later in the day.
Feel free to contact me anytime in-case of anything.

Regards,
Hadija

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Evans Apr 1, 2014

thank you for those of you who have funded my loan so far looking forward to receive the remaining amount.thanks in advance

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