Loan to enlarge my business stall

Kipapi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kipapi

Member since

May 2019

On-time repayments

22 installments  •  73%

About Me

my name is abdallah kipapi asumo, i come from western part of Kenya. vihiga county, vihiga district , lugaga location . I am the second last born in a family of seven. my late father and mother brought us up in a christian way of life but unluckily we encountered hardship when mum passed away later on dad too passed on so it forced me to stop my education at high school level and seek on the way to bring a brighter future to my siblings and my future life. i started my shoe business which up to now has made me cater for my daily expenses a swell as pay for my two kids school fees .

My Business

i do sell shoes in dandora .Dandora is one of the estates in nairobi city. i did start this business as an hawker but through my hard work i managed to get a stall which i pay its rent monthly , right now i do my business in a central location which my customers do get me at any time of their choice. through zidisha i have expanded my stall and now i can accommodate a larger number of stock of different variety.my business has continousely given me good income which i pay my expenses and take to the bank some money as savings for the future of my kids.

Loan Proposal

I plan to use the loan am applying for to enlarge my business stall, the current stall i operate from is too small which a time does not accommodate all my customers especially during weekends when they turn up in large number. by enlarging my business operation site this will help me nature some of the customers who leave my site to neighbor businesses thus it will boost my income by approximately 25% from my current income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Jun 9, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Cloudways

Malta, Malta

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