Selling health supplements

David Muthini Mutiso

Nairobi, Kenya

21% repaid

Entrepreneur

Name

David Muthini Mutiso

Member since

January 2016

On-time repayments

256 installments  •  86%

About Me

Am David Muthini Mutiso and aged 47 years. We are a family of 6.My both parents are late. I am the first born in the family and I take care of our young 5 siblings. I come from Machakos county. I am married and blessed with 3 Children. Our life is very challenging because of the support to be given to our nuclear family and the extended families. I work as a Pastor and also sell health products. I came to think about business because the salary is not enough with the many problems of school fees etc. I started selling 4life Health products, the website is www.4life.com. The profit I get I use part of it for our needs and the rest goes back to the business. This has kept us going up to now.

My Business

I sell 4life health products because they are supplements and they are in high demand. I started the business with Kshs. 20,000.00 ($215) – 25,000.00 ($263).
I get variety of the products when I pay the above amount .
I get profit of about 50% which helps us in our daily expenses and also reinvest in the business. After selling the 1st lot I reinvested the money and bought more products. .

Loan Proposal
Once I get the loan I intent to use and bring in more stock and also start selling beauty products. This is because I have not yet been able to supply all the varieties of the 4life health products thus not yet met the high demand.. The place has many residential houses so the market is good. I plan to rent a shop and employ an attendant to assist in sales. When I buy variety of health and beauty products I will manage to save from the profit. As there are so many poor people in our country I will introduce them to Zidisha so that they also get loans and create employment.

Loan Proposal

I want to use this loan to increase my stock.This will help me to get more profit and support me in paying school fees for my three children.I expect my profit to grow by 15%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$222.30

Date disbursed

Oct 4, 2019

Repayment status

Late

Projected term

18 months

Cost to entrepreneur

Service fee: $9.36

Credit risk payment: $56.20

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

Freewolf

Salt Lake City, United States

Lisbeth

Perth, Australia

LJ

United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

M

Margaret

United States

Shervin

San Francisco, United States

Kevin Kong

San Francisco, CA, United States

M

Melissa

United States

S

Sebastian

Netherlands

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