Entrepreneur
Name
Sammy
Member since
February 2018
On-time repayments
20 installments • 60%
About Me
I'm Sammy Ndubi aged 23 years old. I'm operating a boda boda business here in Kenya and have a future plan of starting a taxi business from the little savings i make. I realized that this idea would take long to implement because of the business requires huge sum of capital and therefore, opted for Zidisha loan to enable me achieve my dream soon.
My Business
I am operating a boda boda business at my hometown. In a good day I can make ksh1500 and after deducting the expenses which include fuel and maintenance costs my days net income is ksh1000. I'm looking forward to purchase another motorcycle the business is booming at my hometown. With this other motorcycle going at ksh 103000 I will employ someone to operate. This particular employee will be depositing ksh700 to my account after deducting all the expenses including his own commission. I also own a sole proprietor retail shop too. It is managed by my close family member. It deals with consumer goods like rice, breads, cooking oil, maize and wheat flour, soaps, peanuts, only to mention a few. The marginal profit is so huge and I'm considering acquiring stock on large scale from the manufacturers.
Loan Proposal
My retail shop requires urgent acquisition of stock and the cash at hand is not enough to pay up the supplier.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
Feb 8, 2018
Repayment status
On Time
Projected term
3 months
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