Name
Laban
Member since
April 2016
On-time repayments
50 installments • 66%
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 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.
The amount being about 400 Dollar I'll first pay for the September and October premises lease bill which amount to 100 dollars. Also like with the previous loan pay for water and electricity bills for the next two months.
The remaining 200 dollars tongether with the savings I have ill start stock pilling more sodas un readyness for the Christmas season which is not yet far away. As the amount may be not enough ill start by buying empty crates, then bottles and by November ill have repaid this loan and secure a bigger loan which and with this amount ill have all the empty bottles refilled.
During the festive season soft drinks demand rises and this creates shortage which compels the rise in prices. Thus for one with enough stocks its the best time to maximize revenues
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,079.00
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
3 months
Ask Laban a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
James Oct 28, 2017
Loading...