Increasing my small stock

Wycliffe

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Wycliffe

Member since

June 2018

On-time repayments

4 installments  •  50%

About Me

Am Wycliffe. I am having a tough time increasing the capital base of my shop. Banks will require so much detail getting to lend cash which in the end still leads to non-committal to the process. The online apps are helpful enough and believe I can get the required help to make e further expansion.

My Business

I run a small shop in Kahawa. I need to expand the stock further. High competition requires that I have to create a cutting edge aspect in marketing myself. it is also necessary that I increase stock because I am targeting students that are reporting back to school and college next week.

Loan Proposal

I will need to purchase some More stock to add to my small shop. The demand is high and I need to make increases in supplies.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 21, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

KN

Kevin N

Cleveland, Ohio, United States

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

Please log in to comment.

  • Wycliffe    Aug 5, 2023

    Excellent levels of humanity from Nigeria. When Africans come together to do little, the overall impact on humanity here is excellent. Well, i started a small project in 2018. The project has grown with changes in economic strands in the country. I now have full chickens, eggs and of course manure for my Mandala Garden as i call it. All thanks to Zidisha for increasing me in such a way. All thanks to all contributors for their sacrifice.

    Log in to reply • Share
  • Wycliffe    Aug 5, 2023

    The project, a poultry farm was aided as i was able to purchase some drugs for my chickens.

    Log in to reply • Share
  • J    Aug 23, 2018

    Dear Wycliffe,

    Because it’s your first loan above 10$ you will have to pay a one time membership fee. This is deducted from your current loan. More info about this can be found on the Borrowers FAQ (www.zidisha.org/faq#borrowe...)

    You can find an overview with the calculations on your “your credit limit” page. (www.zidisha.org/current-credit). Before taking out a large loan, you must first build creditworthiness by repaying small test loans over a period of time.

    If you accept this loan then you should go to your dashboard and confirm acceptance by following the instructions on your dashboard (www.zidisha.org/borrower/da...)

    If you don’t accept this loan then please wait 3 days and it will expire automatically.

    If you already accepted the loan and this was a mistake then please cancel the loan by following the instructions on your dashboard (www.zidisha.org/borrower/da...).

    Kind regards,
    Joost
    Team Zidisha

    Ps. This is a place to communicate with lenders. If you need help from Zidisha staff about your account then you should always create a support ticket using the help menu (www.zidisha.org/borrower/help).

    Log in to reply • Share
  • Wycliffe    Aug 23, 2018

    So then, I had a credit limit of ksh.1312. Upon being processed, ibam being given Ksh. 12 (big joke) and I am supposed to pay back the Ksh. 1312. I am I need of money and you guys want me to pay you that amount for giving me Ksh. 12??

    Log in to reply • Share


Loading...

Loading...

Loading...