Loan request to fund my retail shop

Gift

Budenge, Kenya

100% repaid

Entrepreneur

Name

Gift

Member since

July 2016

On-time repayments

69 installments  •  86%

About Me

I am 37 old kenyan from busia county,Samia sub county,Nanguba location,Bujwanga sub location,Budenge village. I am a third born in a seven children family.I went to Namasali primary school. St Paul's Amukura high school, and then Makerere university where i studied Mass communication.I am currently working as afield officer at Innovations for poverty action as afield officer.due to life challanges i decided to start a retail shop to increase my income.

My Business

i run a retail shop just next to where i stay. it is doing well,thanks to the availability of customers.i sell mainly foodstuff including bread,sugar,milk,salt and other foodstuffs .in a month i get revenue of 3000 dollars and a profit 500 dollars.i really love my shop and sometimes when i am free i spend sometime serving my customers.most of the time my business is attended to by my spouse and i feel this gives her employment something that is very rare to find in my locality.

Loan Proposal

I am requesting for a loan of Kes 596. I will use the money to increase my retail stock.This will help me get more customers and make more sales.I project to be making an extra profit of 10 dollars per day as a result of this loan

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Nov 23, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

R

RMIM

United States

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  • Gift    Sep 3, 2018

    I thank zidisha for the loan I received
    It will help me increase my business stock

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  • Gift    Aug 24, 2018

    The loan I received has helped increased my base capital which enabled me to increase my stock.This has helped increase my weekly profit to 15 dollars per weej

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  • Gift    Jul 19, 2018

    The loan helped me increase my business Stock.Currently my retail shop is making a profit of 50 dollars per week.The number of my customers has increased because of availability of more products in my shop

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  • Gift    Jun 21, 2018

    I thank zidisha for the loan.I am planning to use the loan to increase my milk stock in my shop

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  • Gift    Jun 19, 2018

    The loan really helped to increase my business stock.Total profit has increased to over 10 dollars a week.Am able to meet my family needs and also help other needy community members

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  • Gift    May 18, 2018

    I thank Zidisha for the loan I have received.I will use the money to expand my business and increase my stock

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  • Gift    Mar 6, 2018

    I Intend to use this loan to buy more stock for my shop.Iwill buy five crates of sodas at 4 dollars each, resale them in a weeks time at 5 dollars each.This will give me an extra profit of 5 dollars each. In a month I will be making an extra 20 dollars profit This will help expand my business and help me meet my family needs

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  • Gift    Dec 2, 2017

    I thank zidisha for the loan I received it will help me increase the stock of my business

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  • Gift    Nov 20, 2017

    I thank zidisha for the loan I received,my businesses stock has grown in my retail shop and every week I have been earning an extra 7dollars per week.My business has expanded since I began taking zidisha loans.I plan to introduce new products in my shop with this new loan

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  • Gift    Oct 4, 2017

    I thank zidisha for loan I received,I will use it to increase the stock of my business.This will increase my weekly profit level by a range of 3 to 5 dollars per week. This will improve my overall income hence improving my life

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  • Gift    Oct 2, 2017

    The loan I received last helped me increase my business stock, was able to make an extra profit ranging between 3 and 5 dollars per week , my shop is now well stoked and I have many customers.

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  • Gift    Aug 5, 2017

    I thank zidisha for the loan, it will help
    me increase my business stock

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  • Gift    Aug 5, 2017

    I thank Zidisha for the loan I received. It has helped me increase the stock of my retail shop,my profit level has increased, i am now getting an extra 5dollars a week. I have been able to maintain steady supply of eggs and bread in my shop

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  • Gift    Jun 5, 2017

    I thank Zidisha for the loan i received it help me increase my business stock.This will help increase my profit level of approximately 3 dollars per week

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  • Gift    May 16, 2017

    I will use the loan an extra crate of eggs for my shop and loaves of bread for my shop.This will help increase the profit level of my shop.I will be making an extra 5 dollars per week in my business

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  • Gift    May 15, 2017

    I thank Zidisha for the loan i received, i was able to purchase extra stock for my business,this increased my profit level of an extra 5 dollars per week

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  • Gift    Mar 30, 2017

    I thank Zidisha for the loan i received recently,it has helped me increase my shop stock,making an extra profit of 2 dollars from my daily sales

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  • Gift    Mar 17, 2017

    I will use the loan to increase the stock of my shop.Iwill one crates of eggs at 1.5 dollars and resale at 2.5 dollars and also increase the bars of Soap in my Shop

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  • Gift    Mar 17, 2017

    I thank zidisha for the last loan I received.Currently i have a variety of products in my shop which has attracted many customers hence increasing my profit level

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  • Gift    Jan 26, 2017

    I Thank zidisha for the loan,it has helped me increase my business stock,and i expect to get more profit this year.

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