Name
Zacharia
Member since
May 2013
On-time repayments
54 installments • 69%
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.
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.
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.
Positive
3
Neutral
1
Negative
1
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Jul 16, 2014
Repayment status
On Time
Projected term
4 months
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Amount repaid
$201.35
Amount remaining
$0.00
Date repaid
Nov 15, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 26, 2014 | $11.19 | Jul 26, 2014 | $11.19 |
Aug 2, 2014 | $11.19 | Jul 26, 2014 | $0.44 |
Aug 2, 2014 | $10.74 | ||
Aug 9, 2014 | $11.19 | Aug 2, 2014 | $0.88 |
Aug 9, 2014 | $10.30 | ||
Aug 16, 2014 | $11.19 | Aug 9, 2014 | $1.33 |
Aug 16, 2014 | $9.86 | ||
Aug 23, 2014 | $11.19 | Aug 16, 2014 | $1.77 |
Aug 23, 2014 | $9.42 | ||
Aug 30, 2014 | $11.19 | Aug 23, 2014 | $2.21 |
Aug 27, 2014 | $8.98 | ||
Sep 6, 2014 | $11.19 | Aug 27, 2014 | $2.65 |
Aug 29, 2014 | $8.53 | ||
Sep 13, 2014 | $11.19 | Aug 29, 2014 | $3.09 |
Sep 13, 2014 | $8.09 | ||
Sep 20, 2014 | $11.19 | Sep 13, 2014 | $11.19 |
Sep 27, 2014 | $11.19 | Sep 13, 2014 | $11.19 |
Oct 4, 2014 | $11.19 | Sep 13, 2014 | $4.42 |
Sep 13, 2014 | $6.77 | ||
Oct 11, 2014 | $11.19 | Sep 13, 2014 | $4.86 |
Sep 29, 2014 | $6.33 | ||
Oct 18, 2014 | $11.19 | Sep 29, 2014 | $11.19 |
Oct 25, 2014 | $11.19 | Sep 29, 2014 | $11.19 |
Nov 1, 2014 | $11.19 | Sep 29, 2014 | $11.19 |
Nov 8, 2014 | $11.19 | Sep 29, 2014 | $11.19 |
Nov 15, 2014 | $11.19 | Sep 29, 2014 | $7.07 |
Nov 15, 2014 | $4.12 | ||
Nov 22, 2014 | $11.19 | Nov 15, 2014 | $11.19 |
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