Zidisha |

Ally

Mtwapa, Kenya

9% repaid

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How it Works

Entrepreneur

Name

Ally

Member since

January 2013

On-time repayments

11 installments • 0%

About Me

My name is Ally Felex Mzungu Am a pastor, a familyman and a businessman and am a resident of mtwapa. Am a secondary school leaver having successfully completed my secondary school education.After my secondary school After my secondary school i went for a bible study which i went up to Malaysia. Am now a qualified pastor having started my own church here in mtwapa. While doing this church service i thought of how to help my family and church expenses.So i thought of starting a timber splitting business. This business was quite unique at that time because this business was not popular in our area. This timber splitting business is very good as i have ready customers and the demand is high.This business is profitable and i make an income of ksh 50,000 per month.With this income i use ksh 15,000 for the church service, ksh 5,000 for food for my family ;ksh 10, 000 for school fees. I save ksh 20,000 per month which i can effectively repay my loan.

My Business

My business is timber splitting, i do this business in mtwapa .I use a power saw for doing this business. I started this business in order to meet my family and church needs. Its a unique business because i mostly do this business according to the orders that i get, for example somebody has to book before i go for the job. My customers in this business are mainly the timber hardware here in mtwapa and other areas.With this business you have to work carefully as you deal with different community groups. risks in this business are like high prices in petrol and oil as the power saw i use uses petrol.This business is profitable as i get an income of ksh 50,000. With this income i use ksh 10,000 for my children school fees, ksh 5,000 is used for my family food, ksh 15,000 is used for the church services. So i save ksh 20,000 per month which is enough for repaying my zidisha loan.

Loan Proposal

My great thanks to all who made this loan application success, may God bless you. With my business i needed to buy another timber splitting machine as my orders are many and cant do with the one and old machine i have. So with this loan i will add this to my little savings and buy a new machine. with the two machines i will have more access to do more orders.