Inventory of used bags for my customers

Denis

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Denis

Member since

March 2014

On-time repayments

242 installments  •  16%

About Me

I am Denis Odoyo and I live in Nakuru county, Nakuru town, a Pangani estate near the Agape Church. This is the place I have lived most of my adult life and a place I have grown attached to. I am a business man.
I hold a diploma in Human Resources management from the Kenya Institute of Management, Nakuru.

I started this business of selling second hand bags after losing my job in a factory that was relocating from Nakuru to Nairobi and was not able to move with us because I was a casual laborer, a job I had done for close to 2 years after completing my diploma in 2001
Having had some educational background in both management and sales I started this business of bags from the saving I had accumulated from the two years in employment.

The profits from this business I use to buy more stock and make more profit as this is the only source of money, so I have to do it perfectly well and dedicate my time on it.

I intend to open other outlets in Nakuru town and the neighboring towns like Molo.These are the places that require extra cash to be able to facilitate this expansion of the business.

Business ventures are the most viable place currently in Kenya where formal employment has gone down.Being self employed has exposed me to different experiences and an eye opener to the different opportunities in sales. So a zidisha loan will help me achieve all this.

My Business

I sell second hand bags in Nakuru county, Nakuru town, along mburu gishua behind Menengai Secondary school, near the entrance of the Nakuru Municipal market. I prefer selling second hand bags because they are fast moving. My customers say they are last longing and provide a variety as I source from different markets, I make USD 180 to USD 200sh per month as per earning. Some of the challenges are many of people have started the same business but I do have my own loyal customers who trust me and are ready to buy from my stall, am looking forward for zidisha loan to fund me to add more stock which are fast moving and open other outlets in town and the neighbouring towns like Molo.All this will be possible with the zidisha loan.

Loan Proposal

When I get this loan,it will help me buy the bags in a bale this will provide the variety that customers so like.I will be able to use the money as follows 120 dollars to buy the stock and 30 dollars to transport the bale from Nairobi to Nakuru where my stall is.with this new stock which has variety of different kinds of bags,l will be able to sell more and retain my customers who expect the best from my stall.

Show original English  

About Me

I am Denis odoyo and I live in nakuru county, nakuru town, pangani estate near agape church.This is the place I have lived most of my adult life and a place i have grown to be attached to.I am a business man.
I hold a diploma in human resources management from kenya institute of management Nakuru

I started this business of selling second had bags after losing my job in a factory that was relocating from nakuru to nairobi and was not able to move with us because i was a casual laborer a job i has done for close to 2 years after completing my diploma in 2001

Having had some educational background in both management and sales I started this business of bags from the saving I had accumulated from the two years in employment.

The profits from this business I use to buy more stock and make more profit as this is the only source of money so i have to do it perfectly well and dedicate my time on it.

I intend to open other outlets in Nakuru town and the neighboring towns like Molo.These are the places that require extra cash to be able to facilitate this expansion of the business.

business ventures are the most viable place currently in Kenya where formal employment has gone down.Being self employed has exposed me to different experiences and an eye opener to the different opportunities in sales. So a zidisha loan will help me achieve all this.

My Business

I sell second hands bags in nakuru county,nakuru town, along mburu gishua behind menengai secondary school, near the entrance of the nakuru municipal market.i prefer selling second hand bags because they are fast moving.my customers say they are last longing and provide a variety as I source from different markets,i make USD 180 to USD 200sh per month as per earning. some of the challenges are many of people have started the same business but i do have my own loyal customers who trust me and are ready to buy from my stall, am looking forward for zidisha loan to fund me to add more stock which are fast moving and open other outlets in town and the neighbouring towns like molo.All this will be possible with the zidisha loan.

Loan Proposal

When I get this loan,it will help me buy the bags in a bale this will provide the variety that customers so like.I will be able to use the money as follows 120 dollars to buy the stock and 30 dollars to transport the bale from Nairobi to Nakuru where my stall is.with this new stock which has variety of different kinds of bags,l will be able to sell more and retain my customers who expect the best from my stall.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Jun 10, 2014

Repayment status

On Time

Projected term

2 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

KYLE LARSON

Little Falls, United States

Aahz

Manchester, United States

mraph

Virginia, United States

Kenji

Panamá, Panama

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

M

mguenter

Switzerland

Louella

Australia

MsElla4

United States

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