Purchase of bicycles for my workers

Kyalo

Mtwapa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Kyalo

Member since

January 2015

On-time repayments

151 installments • 56%

About Me

about Me
mutua kyalo is my name. l was born in machakos. .l like reading travelling and doing volunteer work. My business is selling fabrics for sewing new clothes and get an income from it. l graduated from college with a plumbing course. l got short term jobs and unfortunately l could not find a permanent job. so l decided to open my small business to sustain me and my younger siblings.
I am married with 4 children all in school. l used some of my profits to send my younger brothers to school and take care of their basic needs. l also save some for my business. l stated this small business because life was not easy for us. My parents are not able to support my siblings, but I thank God I am able to pull through.

My Business

My Business
I would like to first thank lenders and Zidisha team for given me this chance to apply for my first loan. My business is a small business but with a bigger profit margin, and the demand is very high in the market . with an investment of ksh4000(USD50) I am able to make a profit of ksh2500(USD30) within a month. l want to meet the demand of my customers that is why l want the lenders to support me to satisfy the demands of my customers. If l get a loan, my life will change for the better, I will be able to make more profit from the business.l am therefore requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan on time. Thank you in Advance.

Loan Proposal

i here plan to buy 2 bicycles for my workers , because with electric machine the production is very high , the demand is very high too, i make school uniforms and i sell ready made to local public primary school, with the free primary school education.the number of learner is high , i will buy some materials to make ambrella shades and sell at the beach ,too , and i will do leather works too ,hope you will grant me a third loan