26 installments • 50%
My names are Elijah Ogaya Ogutu I was born in Nyanza west Karachunyo in year 1993 and went to Jogo Primary School and later Joined St Peters Educational Center where I did my O level. after that I was employed by export processing Zone till 2006 where I decided to start my business where I opened a retail shop In Utawala MC near administration police post. I work very hard so that I my secure my future of my family and create a good foundation for my future family when I get married and have children. My main objectives is to succeed in business and let the sky be the limit I hope to expand my business to higher levels
I started my business after leaving formal employed where I was being paid a very small salary which could not sustain me for one month. The business of shop is doing well and I able to meet my daily expenses for my self and support my parents who lives up country. In the shop I sell all type of merchandise goods such as sugar,salt,sweets, milk, Telephone Airtime , cooking fats, white flour and maize flour, soaps, toothpastes , washing powders and many more . I make daily sales of Ksh 5000 and after paying for all the expense I remain with Ksh 500 as profit per day that s KSH 15,000 per month which is enough to pay for my basic needs such as food,clothing and house rent. I wish to request for a loan from Zidisha to make my business large as their is very high competition and I need to bring more product to my shop.
Dear lenders I wish to apply for a loan to support my business of selling mobile telephone Airtime, on whole sale. I will use the money from this loan to purchase of Airtime telephone cards worth USD 300 this will give me a profit of about USD 10 per day which will be enough for my own expenditure and pay back the loan on time. Kindly bid for my loan. Thanks
Jun 24, 2014
Cost to entrepreneur
Lender interest: $321.93 at 9.61% annual rate over 3 months = $8.33
Service fee: $3.10