My loan will be used to start up an animal feed shop ehich will be the first one in our town.as at now farmers have to t...
Ruttoh Isaac
Keringet Village, Kenya
100% repaid
Entrepreneur
Name
Ruttoh Isaac
Member since
October 2013
On-time repayments
125 installments • 77%
About Me
thank you lenders my grocery business is incredibly progressing .it is also my polite request that you fund my second loan.i wish zidisha team all the best..
My Business
I started my grocery business nine months ago where i sell fast moving consumer good to local market in kisii town. I ealise d this opportunity when i was still learning and also had a passion of running my own business and become self independent. I got starting capital from friend and relatives who supported me to see this dream has been realised. I started small but today have increased tremendously and soon i will open another branch. Every day i close my business with a net of not less than ksh 3000 after deducting all other operating expenses. I have two employees who helped me in running this profitable Business. I save the portion of the profit got from this business to meet future expansion and also to support my college studies. The big challenge i am facing is lack of funds to meet the high demand. Any help from zidisha will be highly appreciated.
Loan Proposal
Dear lenders.I am very grateful for your first loan.the level of income from my business increased tremendously and allowed me to clear the outstanding amount in time.my business has been a benefit to society too because i have been an active member inn social contribution and creation of casual employments of cleaning on daily basis.
After a detailed market research,I came to realize than an agrovet that deals in animal feeds is a good business idea along side my current business.This is because farmers have to travel several kilometers to get such goods which is expensive in terms of cash and time.This will also create an employment opportunity to one attendant .
Through my hardworking nature,i have raised some capital for the start of the business but insufficient.Kindly lend me the above amount to make me realize my idea.Thanks in advance
About Me
I am 23 years old and a third year student at kisii university college. I am studying commerce and accounting course. I completed my o- level certificate course in the year 2009 at a local secondary school called Iten Boys high school. I am a second born in a humble family of seven. We live in a village called Iten in Koibatek District. I am operating a grocery shop selling fast moving consumer goods in kisii town. I started this business nine months ago and it has been growing so fast. It my hope to open another branch and expand the business to further becoming a wholesale shop. The challenge i am facing is lack of funds to meet customers demand.
My Business
I started my grocery business nine months ago where i sell fast moving consumer good to local market in kisii town. I ealise d this opportunity when i was still learning and also had a passion of running my own business and become self independent. I got starting capital from friend and relatives who supported me to see this dream has been realised. I started small but today have increased tremendously and soon i will open another branch. Every day i close my business with a net of not less than ksh 3000 after deducting all other operating expenses. I have two employees who helped me in running this profitable Business. I save the portion of the profit got from this business to meet future expansion and also to support my college studies. The big challenge i am facing is lack of funds to meet the high demand. Any help from zidisha will be highly appreciated.
Loan Proposal
Dear lenders.I am very grateful for your first loan.the level of income from my business increased tremendously and allowed me to clear the outstanding amount in time.my business has been a benefit to society too because i have been an active member inn social contribution and creation of casual employments of cleaning on daily basis.
After a detailed market research,I came to realize than an agrovet that deals in animal feeds is a good business idea along side my current business.This is because farmers have to travel several kilometers to get such goods which is expensive in terms of cash and time.This will also create an employment opportunity to one attendant .
Through my hardworking nature,i have raised some capital for the start of the business but insufficient.Kindly lend me the above amount to make me realize my idea.Thanks in advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$296.00
Date disbursed
Jan 28, 2014
Repayment status
On Time
Projected term
29 months
Other loans
Lenders
Southampton, United Kingdom
London, Ontario, Canada
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