More space for my Coca-Cola depot

Laban

Nakuru Town, Kenya

100% repaid

Entrepreneur

Name

Laban

Member since

April 2016

On-time repayments

50 installments  •  66%

About Me

I am laban Nderitu,I was born in 1981 in nyeri,I am a family man, I went to school at Kenyatta secondary at nyeri in 2000, I later joined egerton university all through where I laboured in the neighborhood farms to raise my school fees. After that I applied for business administration and I was accepted and became a business interprenuer in 2007, I hope Zidisha community will be here to assist me achieve my young boy dreams of scaling the best academic heights. Football and hiking have been my favourite hobbies.

My Business

My business is all about farming tomatoes,onions and also casava for upkeep,but my desire and vision is to advance to the better business arena so that I can be able to support my community as well as my young family. To advance with this desire is where I have invested the small amount Ive been able to save over the time and started mining or production of natural rock building stones.

On acquiring more funds Ill increase more personnel to ensure that the building stones production will be countinious.

Loan Proposal

With 180 dollars at hand Ill spend the first 100 dollars to lease more space for the one I have now its too small for the coke deport. Also Im in need some space for my customers to sit and relax as they enjoy cold sodas and where to store the coolers.
Remaining with 80 dollars these will be used to pay utility bills for the coming two months that is water and electricity.
Halving enlarged the working area this will result to more and more customers visiting my shop who will turn increase the volume of my sales thus more profits in return.
With increased profits it means that ill be able to repay my loan without hassles and defaults .
More space ,customer satisfaction are the pride of any businessman and for me im sure this will result to more than 20% profit increases

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$378.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

3 months

Lenders

ibc123

Seattle, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

John Minges

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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