Name
Anthony
Member since
February 2015
On-time repayments
220 installments • 33%
I was born in Murang'a County, mathioya division,Kiru location. I went to school in Kiambuthia Primary school ,then i proceeded to Kerugoya High school in my
'o' level study.later i joined college where i graduated with a diploma in Accounting and Finance.I also pursued Accountancy in CPA.
Therefore, through my career field I have faced many challenges and difficulties but i have been able to overcome them through determination and ambitions.
Out of my small earning i was able to have saved small income. I used this small income as my capital to start my business.More so what drove me to that sector of business is that, i want to be more helpful to the society by creating more jobs for the young people.
My children want to be enormous entrepreneurs.By the good start and assistance of Zidisha i'll be able to put a strong foundations for them through my developments and skills in that field.
My hobby unique hobby is to play volley ball.
I have a small beauty enterprise which i sell all the beauty products.
The reason behind i choose this sector is because ladies will always look for the products and more so they are neither perishable nor fragile.
This business sector the,profit margin is small because the costs of obtaining the products is high in this regards one has to buy many products to earn a sustainable profits but the capital have been my challenge.The small profits realised i normally pay my one employee,pay the rent and little i reinvest by adding small products.
I welcome the Zidisha for the fund assistance.
The amount of Kenya Shillings 18,534 will help me to increase my inventory and pay my creditors some credits i had for some products. To be more precise i just want to pay to creditors Kenya Shillings 9,000 and the balance i increase my stock.
where i shall increase the new beauty products in the market which will cost me about Kenya shillings 5,000 and then the current products increase by 10% each.
The benefits to this will be enormous now that the increment of stocks in this industry has a direct impact relationship with the profit to obtain in the business.Therefore to me i shall get more profits hence expanding my business size. Moreover the benefit to others is that my employee (one lady) i will be able to increase her salary a little bit.
The amount of profit im expecting to increase is by 10%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$187.00
Date disbursed
Jun 5, 2016
Repayment status
Late
Projected term
38 months
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