Stock of cooking oil and sugar for my shop

Entrepreneur

About Me

I am a Kenyan, born and raised in Central Kenya. I went to school up to secondary school and upon completion of a four year course, I started working as a casual in big tea plantations.

I later re-located to Mombasa about 10 years ago where I started my own business. I started by selling used clothes and through hard work and serious savings, I managed to buy a three wheeler taxi (locally called tuk-tuk) which I use to ferry passengers and goods across Mombasa Town.

My old business of selling used clothes still exists and my wife helps me in running it.

I am a father of 2 school going boys aged 9 and 4 years.

My Business

I currently run two businesses one selling of used clothes and the other one operating a three wheeler taxi which are very popular here in Mombasa.

When business is booming, I make about $250 from clothes business while the taxi gives me $300. I believe with extra capital which I hope to get from Zidisha, I will be able to diversify my items in my clothes shop. With an injection of a loan which I expect to get from Zidisha, I hope to increase my sales in the shop and net an average of $350 per month.

I would also like to brand my shop to attract more customers. This will require about $50 which I will use to buy paint and pay the sign writer.

Loan Proposal

If I get this money, I will use it to buy 20 liters of cooking oil at $30 and a 50Kg sack of sugar at $60. This stock will stabilize my business and hence boost my income. These are fast moving items and I will sub-divide them into small portions that most people can afford to buy.

Feedback

Loan Info

Lenders