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.
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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
Other loans
Lenders
United States
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