Purchasing of stocks

Mark

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

February 2017

On-time repayments

24 installments  •  75%

About Me

My name is MARK VINGO ZAKAYO, a diploma graduate from Jomo Kenyatta University of Agriculture and technology with a diploma in information technology. having worked for 3 years at an It Firms from 2007 to 2010 I decided to quite and venture in to business. from 2010 I have been involved in three different types of business which two didn't succeed namely Printing and branding and government construction tenders. Then in January 2018 I met a friend of my from High school who introduced me the LABORATORY SUPPLIES. There after i registered a sole proprietor by the name VIZAK ENTERPRISES and the business started to grown from there.

My Business

VIZAK ENTERPRISES deals in supply of laboratory reagents, Laboratory test kits,hospital non pharmaceuticals, surgicals, hospital equipment and general hospital consumables supplies and i have been supplying this products to hospitals and medical clinics around Nairobi city and its environs and hospital cross the country for the last 2 years
.
As majority of you known the health sector is growing very fast and medical clinic, health centers and hospitals a being established almost every place to carter for the growing populations in the country, therefore my products are a must for every laboratory either in a hospital or operating on its own.
This basically one of the main reasons why i ventured into the business, the demand for laboratory items is very high yet the suppliers are very few due to the technicalities involved in the business.
also the business is a cost effective business, the only cost incurred in the business is the licenses which run for a year and which every business must have, an office from where the business operates from and a single employee for deliveries. the other expenses are basically personal.
the profit margin of the business are between 50% to 80% therefore very lucrative of

Loan Proposal

the loan will be used to buy stool/urine containers which i sell every week to my clients, the containers cost ksh 12 each.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Mar 3, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

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  • Elisha    Jan 31, 2021

    mark has capacity to wind up his repayment, so he promised to repay as per installment and finished on time.

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  • Mohamed    Dec 22, 2020

    I was able to get intouch with Mark Zakayo, he promised to resume paying the loan by next week

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  • Erick    Nov 14, 2020

    I tried to contact Mark but he was not able to pick my call, I was able to speak with one of his references by the name Mary, she promised to speak with Mark and remind him about his loan repayment.

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  • Mark    Oct 22, 2020

    I take this opportunity to thank the lenders for granting me the loan, I will use the laon to buy stocks for my business. Thank you once again

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  • Mark    Oct 17, 2020

    I want to take this opportunity to thank the lenders for granting me the loan, it went a long way to help my business during this difficult times

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  • Mark    Sep 26, 2020

    Thank you very much for funding my loan request.

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  • Mark    Sep 25, 2020

    I take this opportunity to thank the lenders for granting me the loan.

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  • Mark    Aug 28, 2020

    I will like to thank the lenders for considering my application and granting me the loan, the loan will help me restock the items that i didn't have and it will go a long way to help my business during this pandemic time

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  • Mark    Aug 26, 2020

    i want to thank the lenders for enabling me do continue doing business during this pandemic time, it is through the finance i get from them that has enabled my business to thrive

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  • Mark    Jul 30, 2020

    Thanks alot funding my loan...the lo will go a long way to help my business during this difficult times

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  • Mark    Jul 28, 2020

    the loan i got has really helped my business during this difficult times of rhe the corona virus, i was able to buy stock for my business.

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  • Pacifica    Jul 25, 2020

    Msrk said his situation had not improved, he promised to resume paying once hes able to

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  • Pacifica    Jun 24, 2020

    I contacted mark, he said business has been down but he's doing his best to repay his loan. I advised him to adjust to an amount he can afford to pay till his business picks up.

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  • Mark    May 18, 2020

    This is my shop

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  • Mark    May 18, 2020

    This is my store

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  • Mark    May 16, 2020

    I want to this opportunity to thank the lenders for granting my request for the loan. This funds will go a long way in helping my business and during this pandemic, i will also enable me to continue providing for my family and the people that depend on my business for a living. Thank you very much and God bless you abundantly

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  • Jennifer Harvey    May 16, 2020

    Good luck in your new venture and thank you for making protective equipment for health workers!

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  • Mark    May 15, 2020

    I want to take this opportunity to thank the lenders for continuing to support my business through approving my loan requests.....thank you very much

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  • Mark    Apr 24, 2020

    Thank you alo for granting my business the loan, i will now be able to buy the stocks i need during the Corona pandemic times

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  • Mark    Apr 23, 2020

    The loan has been very helpful in growing my business, i have been able to buy stocks on time therefore meeting my clients deadline.

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