Install tanks for hotels to use during water service outages
Peris
Karapul, Kenya
79% repaid
Entrepreneur
Name
Peris
Member since
March 2014
On-time repayments
38 installments • 26%
About Me
AM 43 YEARS OLD MARRIED WOMAN WITH TWO CHILDREN I LIVE IN SIAYA COUTY AS A BUSINESS WOMAN I STAY A LONG SIAYA KISUMU ROAD MY BUSINESS IS SITUATED WITHIN KARAPUL SHOPPING CENTRE. I DID MY KCSE AT KAIMOSI GIRLS HIGH SCHOOL. I STARTED THE THE BUSINESS BECAUSE THEIR WAS A NEED OF HAVING THIS PLASTICS WITHIN MY AREA WHERE PEOPLE COULD GO AND PURCHASE PLASTICTS FOR FETCHING WATER., I PURCHASE MORE ITEMS IN ORDER TO INCREASE MY STOCK, I ALSO PURCHASE FOOD FOR MY FAMILY , CLOTHS AND OTHER ESSENTIAL ITEMS FOR MY FAMILY I WILL BE VERY HAPPY IF I GET FUND FROM ZIDISHA TO BOAST MY BUSINESS AND EXPAND IT AND EVEN HIRE MORE WORKERS TO ASSIT ME THIS JOB
My Business
MY BUSINESS IS LOCATED A LONG KISUMU SIAYA ROAD KARAPUL SHOPPING CENTRE. I DEAL WITH PLASTICS WHICH I BUY AT 4000/= AND SELL THEM AT 5000/= OF WHICH I MAKE APROFIT OF 1000/=PER PLASTIC AFTER DEDUCTING ALL THE EXPENSES.APROXIMATELY I MAKE A MONTHLY PROFIT OF 28000/= WHICH I USE TO PAY MY HOUSE RENT, SC HOOL FEES FOR MY KIDS AND OTHER FAMILY EXPENDITURE.I WILL STILL USE THE SAME TO PAY MY ZIDISHA LOAN. MY RISKS ARE POOR ROADS SOMETIMES I GET IT DIFFICULTLY OF THE.TO TRANSPORT MY PLASTICS TO MY AREA.FLUCTUATIONS.OF CUSTOMERS BECAUSE OF THE PRICES HENCE LOW PROFIT. I WOULD WISH TO EXPAND MY BUSINESS SINCE I HAVE MORE CUSTOMER BUT I DONT HAVE ENOUGH CAPITAL TO PURCHASE MORE PLASTICS
Loan Proposal
I WILL USE THE LOAN TO PURCHASE 5 MORE 500L PLASTIC TANKS TO SUPPLY TO A CUSTOMER WHO HAS STARTED A HOTEL AND WANTS TO STOCK WATER FOR USE IN THE HOTEL. ONE PLASTIC COST 2500/= WHICH I WILL SELL AT 3500/= THEREBY MAKING A PROFIT OF 1000/= FROM EACH PLASTIC. THEREFORE 5 PLASTICES WILL COST ME 12500/= WHICH WILL ADD ME A PROFIT OF 5000/=. THIS WILL HAVE EXPANDED MY BUSINESS BECAUSE I WILL RECYCLE THE MONEY AND BUY MORE PLASTIC TANKS.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 27, 2014
Repayment status
Late
Projected term
8 months
Lenders
San Jose, United States
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