Order facilitation cost

Lincoln

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lincoln

Member since

May 2016

On-time repayments

20 installments  •  40%

About Me

Occasionally, I fall below my cash expectations. I may find myself needing a quick purchase but I might not the cash for the moment which a norm in maintaining cashflow. In such times, I turn to Zidisha for help and I am grateful for the help

My Business

I have a small shop that offers sale of both full and empty gas cylinders and refill for customers in quantities of 6kgs and 13kgs.

Currently I have a small customer base of about 15 and looking to expand should I get more finances that can support my projects.

Loan Proposal

I am currently working on an order for stationeries which I will need to package in sets. I will use the amount to buy packaging tiny boxes which are sold in sets of 100 for Ksh.5 each. I will need to buy at least 2 of such sets costing about Ksh.1,000 to add to what I have already bought. The total cost for the two sets is about $10. I buy these materials on a weekly basing since I am still developing to be able to purchase a larger stock that can last longer.
I have a strategic plan to increase my stock levels which will ensure I need more cash to pay for the facilitation which I believe I can be able to boost from the Zidisha loans. I am also looking to build up cash for admin expenditure like transportation, internet and advert services which can boost my business. I look to inject amounts from zidisha. Daily liquid cash can push ones consistency for small orders just to ensure the business picks up well.
I am currently working on an order for stationeries which I will need to package in sets. I will use the amount to buy packaging tiny boxes which are sold in sets of 100 for Ksh.5 each. I will need to buy at least 2 of such sets costing about Ksh.1,000 to add to what I have already bought. The total cost for the two sets is about $10. I buy these materials on a weekly basing since I am still developing to be able to purchase a larger stock that can last longer.
I have a strategic plan to increase my stock levels which will ensure I need more cash to pay for the facilitation which I believe I can be able to boost from the Zidisha loans. I am also looking to build up cash for admin expenditure like transportation, internet and advert services which can boost my business. I look to inject amounts from zidisha. Daily liquid cash can push ones consistency for small orders just to ensure the business picks up well.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Mar 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, 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

A

Anonymous

United States

CN

Craig Newmark

United States

A

Anonymous

United States

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