Jeans trousers for resale

Shadrack Ndiritu

Zimmerman, Kenya

11% repaid

Entrepreneur

Name

Shadrack Ndiritu

Location

Zimmerman, Kenya

On-time repayments

104 weekly installments  •  33%

About Me

Am 29 years of age.I hail from Mathira division in Nyeri county.I completed my education at Jodan college in 2007 where i graduated with a diploma in 'Sales and marketing'.Thereafter i joined the 'Blueshield insurance company as a sales executive until 2009.In mid 2009 i ventured into my personal business of direct sales in mobile phones accesories[like batteries,chargers,lines,powerbanks,housings,cardreaders,memorycards etc]upto date.Being in this business for a couple of years i would say it pays since i have been relying in it as my source of income.I also have in mind to own a chain of businessess for instance selling dolly shoes for ladies which is in high demand.I usually visit the childrens home during my leisure time and also adventuring in various game parks.While visiting childrens home i usually carry clothings,blankets,baby toys,bathing soaps and foodstuffs to motivate the kids and keep a good relation with the society.I at times volunteer by sponsoring 2 best candidates by paying trips to various orphanages or museums

My Business

I operate my own business that deals with mobile phone accessories like batteries,housings,chargers,memorycards,flash disks,cardreaders and some selected electronics.In this case i usually distribute the products to their destined places of work which is approximately 250 kilometers from Nairobi town.Most of my customers do prefer my business in that they don't count the cost of getting the products in town plus time consumed because all this is waived since i bring the products to their doorstep.By doing this i gain a rise in number of customers and their trust in my business.Although there are challenges culminating while doing this business like rise in price of the products,i always make them aware of the changes of the products in time to avoid inconveniencies.Being in this business for the last 5 years,i would say it fetches good income because i pocket approximately 25 dollars in a good day and approximately 15 dollars when the market is low.

Loan Proposal

Let me first thank my lenders and the entire team for ensuring that my loan is funded in time.As i said earlier,i have managed to set a very good kiosk comprising of both second hand clothes as well as ladies shoes.The outcome was overwhelming in that i managed to repay my loan and to save some money to open a new shop for selling jeans trousers,but for this dream to come true i need extra 100 dollars to buy 50 trousers .Am looking forward to your generous funding upon application of this loan.Thanks in advance and may God bless you.

Feedback

2

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None

  • howard    Jan 18, 2016

    Thank you, Shadrack, for your excellent repayments.

    Log in to reply • Share
  • jan73    Jul 18, 2015

    In spite of some difficulties, Shadrack completed his loan repayments in full. Thanks!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$133.34

Date disbursed

Jan 30, 2016

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $6.67

Shadrack opted to pay $88.60 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Pranjal

Noida, Kenya

Zidisha

Sterling, United States

Kamil

Lidzbark Warminski, Poland

PG

Paul Graham

United States

Thomas

Sweden, Sweden

JC

juli camrud

United States

Pedro

Meilen, Switzerland

RC

Rudi Chen

United States

P

patrick

United States

SR

Sharyn Ribich

United States

B

Boris

Bern, Switzerland

Carla

United States

SB

Sue Bucholz

Sacramento, United States

MS

Marcus Siegel

San Francisco, United States

K

Kraig

United Kingdom

SS

Sarah Saucedo

United States

C

Cora

Switzerland

A

Amy

United States

SA

Steve A

Newbury, United Kingdom

HPK

Switzerland, Switzerland

SS

Sofia Shields

United States

L

Lauren

Dallas, TX, United States

C

Carlene

United States

L

Linda

United States

United States

B

Brett

Australia

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

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