Rice and maize flour for grocery shop

Richard

Nakuru, Kenya, Kenya

92% repaid

Entrepreneur

Name

Richard

Member since

March 2017

On-time repayments

19 installments  •  47%

About Me

I am richard Oyugi from Kisii county. I grew up in a small village called Nyamatuta and i went to schools within the area.
After schooling i decided to start a business (shoe seller and making simple open shoes) which currently generates an average amount of 600/= per day that enabled me to save till i managed to join my college of ECDE.
My hobby is to draw which is also my talent too. I thank Zidisha for their loans.

My Business

Currently i have two sources of income: I earn through busines and as a teacher. My business deals with shoes which are of high demand where the business is located.
I chose to open that business since i had talent of making simple open shoe.
The income i get i do use it to pay for my studies and to maintain my business.. I hope and believe, with Zidisha, I will go far.

Loan Proposal

Zidisha loan has been helpful to me as am able to raise the required capital for my business.Given the loan, i will use it to buy more stock to improve my business, also it cater the loses I encounter in the process. From my business i do gain the profit that help to cater for my basic need and do my investment. Thanks Zidisha .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Apr 20, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Claire Lewis

Wales Uk, United Kingdom

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  • Richard    Jun 8, 2017

    Helli Zidisha. These amount will ensble me to purchase a set of bbrushes which will serve my customers and i too and shoe polish, then the rest I will use to upgrear my business in terms of making any changes applicable. It will also make my daily income as profit to increase like 2% from the current one. Finally i thank you, Zidisha for your considerations by lending we young starters of life and business.

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  • Richard    Jun 7, 2017

    Kindly Claire, I am just asking to get informed, beside of funding we young businessmen and businesswomen thrpugh loans , are you in the position to support or sponsor one mayb who is having an orpanage project? Thanks in advance for your positive response.

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  • Richard    May 31, 2017

    Wow!..It is a great a opportunate have taken to thank Zidisha Organization for your great support towards me and to my business at large....the previous loan supported me to purchase shoe polish, 2 sets of shoe brush.
    I hope this next loan will suppprt me more, it will real increase my income..thank you Zidisha for your remembrance of we younger starters of business by providing us with loans that we can manage.

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  • Claire Lewis    May 30, 2017

    Many thanks for your prompt repayment Richard

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  • Richard    Apr 14, 2017

    With this loan, I will add the stock and cater for some basic needs. From my heart, I thank the Zidisha Organization for the great support not only to me but also to many.

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  • Claire Lewis    Apr 14, 2017

    Very best of luck Richard. I look forward to watching your business grow.

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  • Richard    Mar 25, 2017

    After purchasing the items (shoes and shoe polish) I have sold them and I have seen a great gain...thanks for your great support

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  • Richard    Mar 7, 2017

    I will use the loan to purchase shoes and shoe polish for the shop and services for the customers.
    This loan will boost me to serve my customers effectively and finally i thank you for lending me this loan which will mark a chance in my life.

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