Purchase more stock for my bread distributors business

William Githua

Limuru, Kenya

0% repaid

Entrepreneur

Name

William Githua

Location

Limuru, Kenya

On-time repayments

111 weekly installments  •  3%

About Me

I was born in kiambu county, life was very difficult that it forced me to seek for alternative means of survival. I'm currently located in limuru where I ventured in bread distribution business. I wish to acquire more capital to improve and expand my business. Back in my rural home I used to seek manual farm jobs such as ploughing farms to get wages for my daily bread.

My Business

My business deals in bread supply to various retail shops around the business premises. I decided to start this business in 2001. I ventured to this business after do research on the demand of bread around my area of business since its a basic commodity for most of the people. My biggest challenge is capital, to expand the business as the demand increases gradually on a day to day basis. My customers are retail shops around my area of business as well as those seeking my services. I wish to expand my bread distribution business such that i meet my customers demand confidently as well as increase personnel. I'm proud of my business as it enables me to meet my family basic needs.

Loan Proposal

I intend to purchase more stock for my bread distributors business,which will cost me about Ksh.7000.This will enable me cater for the ever growing demands of my customers hence drive in more profit therefore positive impact on both my family as well as the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$620.10

Date disbursed

Nov 5, 2017

Repayment status

Late

Projected term

25 months

Cost to entrepreneur

Service fee: 5% of $620.10 = $27.93

William opted to pay $487.96 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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