Alphonse
Nairobi, Kenya
100% repaid
Name
Alphonse
Member since
June 2015
On-time repayments
222 installments • 19%
I am the first born in my family. I attended both primary and Secondary education at
St' Mary's Boys Primary/Secondary School. I used to go to school bear footed.
I manage to overcome the hardship after I started my own business. I come to start
my own business by doing some cause labors to earn money. When I got the first payment I started boiling eggs to sell to customers on the streets. After selling for
over one year I started selling second hand shoes. That was the time I bought my
self a pair of shoes.
I now sell second hand clothes which will enable me repay the loan. I sell
Men's jeans, Shirts and Bed sheets. The goods I sell are very cheap for every
body to afford. I choose this kind of business because I didn't have much money
to buy new products. A bale of Second hand clothes cost US$177.00 (Kshs. 17,000.00)
I use the profit for my upkeep and growing the business and also pay school fees for my siblings.
I will use the full loan of US$99.00 to select some clothes for sale. I will use the profit to
add more stock, repay Zidisha Loan and for my upkeep. When I start repaying the
loan I will invite my brothers, Cousins, Uncles and Aunts to join Zidisha.
I expect a profit of 50%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 6, 2015
Repayment status
On Time
Projected term
7 months
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