Purchase of stock of food stuffs for my food kiosk

Ferdinand

Kisii, Kenya

100% repaid

Entrepreneur

Name

Ferdinand

Member since

January 2015

On-time repayments

148 installments  •  13%

About Me

I was born in kisii town a place known as daraja mbili.my childhood was that of an average african child played with my peers and as a child it was just awesome.I then joined my primary level and secondary level just within my birth place.i was always hard working and that is how i managed to solve and overcome all hardships.after high school my parents would not afford to take me to college since all my siblings were still in school.i decided to do casual jobs in my village and managed to save enough to start a food kiosk.my hobbies are listening to music,cooking and helping others.

My Business

i basically sell foodstuffs but not of variety just buns,chapattis cooked beans,juice,cabbage and soda.my business is not a full hotel and we call it a food kiosk in our area.people like to eat here because it is much cheaper than hotels.i chose this business because i love cooking and food has ready market because people will never cease from cooking.i basically spend about KES 15000 ($167) and make a profit of the same margin that is ($167) in the average.i use my profit to carter for my bills and save some for future expansion.

Loan Proposal

if am funded I will use the loan to buy a stock of food stuffs which will increase my profit by at least 25% due to bulk buying.this will ensure betterment of life and improved living standards and future expansion of my business.thanks and hope my loan will be funded.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 2, 2015

Repayment status

On Time

Projected term

6 weeks

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Ask Ferdinand a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • andyfletcher    Apr 4, 2016

    Hello Ferdinand,
    How is the business going?

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  • Ferdinand    Oct 27, 2015

    poor climate

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  • Ferdinand    Sep 9, 2015

    My business premise is currently under renovation. I will resume my normal repayment once we settle.
    Thank you.

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  • Ferdinand    Aug 4, 2015

    i want to use my little savings to add stock to my business and thus pay loans easier

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  • Ferdinand    Apr 7, 2015

    Yes,
    I saw it when my loan funding was at 100% and then I put an advert of urgently needing two young men to work in my hotel.
    I will not use the money to pay their dues directly but I will instead add stock to my business from which I will use the profit to pay them on a weekly basis as I had planed early in my work plan.
    Thank you once again lenders and may God bless you abundantly.

    Ferdinard Maisiba.

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  • Ferdinand    Apr 4, 2015

    Thanks to you all lenders. keep on contributing please.

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  • Ferdinand    Apr 1, 2015

    please fund my loan lenders.
    thank you.

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  • Ferdinand    Mar 26, 2015

    thank you all my lenders for the first loan. I truly saw the importance of saving to repay back as well as saving alongside for my business expenses and emergencies.
    I promise to stay with the zidisha community forever.

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  • Ferdinand    Feb 1, 2015

    thanks alot Docholiday and to all the lenders who funded my loan.I really appreciate.Thank you.promise to repay back.

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  • DocHolliday    Jan 31, 2015

    Congratulations on raising your first loan with Zidisha. I hope that it proves to be of expected use to you.

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