100 installments • 60%
Am Dan Shama,the first born in a family member of 6. Went to school and finished my primary and secondary education through hardships since we were 3 in school and my parents couldn't afford to pay fees for all of us so I was on and off. After my secondary school, I acquired some little cash and opened a small retail shop in the village. I operated this shop for about one and a half years but it became difficult to maintain it since most of the income was directed to paying the fees for my siblings and offer a little support to my parents. Eventually I had to relocate to Nairobi city, where there was hope for a better income. I have been operating in a small shop in Nairobi since. However, the demands from my family have been straining the business and with my current inventory level, it will be difficult to remain afloat. It is for this reason I wish to apply for this loan so that I can boost my inventory, and be in a position to run my business while still meeting the demands of my family
I wish to inform my lenders that the year 2017 started quite well.Regardless of what has been happening cutting across my country, my business is doing fine. I am happy because I am still able to pay for my loan and still meet other expenses.I look forward to expanding my business that it can meet more needs. I am also looking forward to starting another business in the future as a result of the support I am getting from Zidisha. I once more wish to thank my lenders so much for helping my life to have a new shape. Thanks
I will use the loan to buy different commodities that I don't have in store and also add on the things I have already to accumulate more income..... The commodities will cost around $30-40.. And after sales of my commodities will roughly get a gross of $65-90 per week hence being able to pay rent upgrading my life abit and also sending little amount to my family for upkeep.
Dec 15, 2017
Cost to entrepreneur
Service fee: $5.02