Entrepreneur
Name
Zacharia
Member since
May 2013
On-time repayments
54 installments • 69%
About Me
I have a family of two boys all of whom are in standard five and top class.I am a college graduate and i have worked as a fire fighter in Kenya Navy and Iraq.I started this business of ornaments due to demand and Nakuru being one of the most tourist attraction centers, this business looked more viable and profitable.Secondly, this type of business has given me the exposure of interacting with tourists and currently iam in the process of initiating this business in the US with a friend we worked with in Iraq.Well, i feel advantaged due to my competitive edge in selling this products right inside the town. An addition of more funding means expansion of this bushiness and more income.
The money being requested therefore will be used in adding more stock on the yet not available products.
My Business
This business is all about curios and ornaments( This includes human/animal features, bracelets, necklaces). There is demand due to tourist attractions and as well local customers who buy from me to go and supply elsewhere.Our customers prefer my stall due to availability of goods , quality services, pricing and promotion strategies that we have developed of late using photos, pamphlets and post cards as well as word of mouth.This has given us a competitive edge over others.
In any business there are challenges.Such challenges can be prices, poor promotion strategies, marketing and as well as low turn out of tourists now that we are focusing on this.However, risks being averse, as a prudent business man for years and the experience that i have in this business we are trying at all times to make sure that our sales promotions is all above par to compete with the existing markets.
Loan Proposal
This business is all about curios and ornaments. There is demand due to tourist attractions and as well local customers who buy from me to go and supply elsewhere.Our customers prefer my stall due to availability of goods , quality services, pricing and promotion strategies that we have developed of late using photos, pamphlets and post cards as well as word of mouth.This has given us a competitive edge over others.
In any business there are challenges.Such challenges can be prices, poor promotion strategies, marketing and as well as low turn out of tourists now that we are focusing on this.However, risks being averse, as a prudent business man for years and the experience that i have in this business we are trying at all times to make sure that our sales promotions is all above par to compete with the existing markets.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Jul 16, 2014
Repayment status
On Time
Projected term
4 months
Lenders
Hong Kong, Hong Kong
Glasgow, United Kingdom
Ipswich, United Kingdom
Republic of Korea
Canada
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