Second hand clothes, bed sheets, kid dresses & boys trousers

Patrick

Nairobi, Kenya

14% repaid

Entrepreneur

Name

Patrick

Member since

June 2015

On-time repayments

240 installments  •  28%

About Me

I am a kamba by tribe and come from Machakos County. I attended Katoloni Primary/
Seconday for both my primary and secondary education. I overcome hardship
when I completed my 'O' Level and came to Nairobi and got a job immediately
as I could feed my self and save some money which later I used to start my
Charcoal business. Machakos land is unique as it is very fertile. Their culture
is quite different from other culture because before you marry a girl you
need to give to the father-in-law some goats.

My Business

I sell charcoal and the service I provide is to sell at wholesale price while
they are still in the sacks. Charcoal are in demand because near where
I reside there is a slum near by and the use charcoal instead of paraffin.
I choose this kind of business due to financial constraints. They typical costs and
revenue involved was about US$20.00

I use the profit to educate my children and reinvest in the growing the business.
When I get a loan from Zidisha I want to sell paraffin at wholesale price
buy in large quantities.

Loan Proposal

I will add more stock to my business which will cost US$380.00.

It will benefit me a lot as I will be able to repay the loan at the same time reinvest
and pay school fees for my children.

I expect a profit of 50%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$389.63

Date disbursed

Aug 24, 2016

Repayment status

Late

Projected term

43 months

Lenders

sebastienrosa

Quebec, Canada

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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