To help buy inventory of electrical supplies

Francis

Mombasa, Kenya

100% paid forward

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How it Works

Entrepreneur

Name

Francis

Member since

December 2017

On-time repayments

144 installments • 53%

About Me

I was born in a family of 6 children due to poverty I'm only child who managed to go to secondary due to good performance,unfortunately my father passed on as soon as I finished form four, being 4th born in our family and only educated I had no other alternative other than to look for a job to rescue my mother whose work was to sell charcoal to the market, I got a job in one of busy electrical shops as sales man,my skill s were high due to physics and commerce know how from high school .due to good interaction and honest to my clients,they advised me to open my own business they will promote me!

My Business

From my little salary of ksh 8000 I managed to save 50 thousands and 10 goats, after working for 5years have started my electrical shop business but the challenge I'm facing is finance,goods are in demand but low supply

Project Proposal

I intend to boost my inventory of electrical supplies with the money. Our country's economy is gradually picking up after a devastating period under Covid-19. Though this dark cloud is still hanging above us, many have learned to live with it and the country has largely opened up. Construction sites have roared back to life and that is where my services of electrical goods sales are much needed.

I intend to swim with this wave and that is why I need this cash injection to increase my stock. I intend to buy an assortment of cables, light saving bulbs wall sockets and other electrical accessories all which will hopefully do well. I am anticipating good sales once I stock up my shop and this will enable me repay the loan comfortably due to increased sales and profitability.

My Videos

Aug 11, 2021: My business, my heartbeat

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J Jul 19, 2018

Neat on time repayment. Great status updates.

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- Francis Jul 27, 2018
  
  My greater lender have applied aloan pending waiting for zidisha staff approval thank you for your generous lending
  
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J Jun 10, 2018

Very neat on time repayments. Good status updates.

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Joshi Apr 20, 2018

Francis made good use of the partial funds that he received for his last loan. Will contribute to his further loan applications.

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- Francis Jul 27, 2018
  
  My lender have applied a loan that is pending waiting for zidisha staff approval ,Itrust you my lender!
  
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Joshi Mar 17, 2018

prompt payment, good communication. Will support further projects.

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- Francis Apr 20, 2018
  
  Thanks my lender joshi ,how are you?on my side I'm okey working hard to cater for my family needs
  
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julie Feb 8, 2018

great plan and prompt repayment

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- Francis Apr 20, 2018
  
  Hi !Julie how are you?
  
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- Francis Jul 27, 2018
  
  Julie! Have pending loan waiting Zidisha staff for approval, and look forward to see your generous hand
  
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