Purchasing spirits

Francis Gitau

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Francis Gitau

Member since

May 2018

On-time repayments

15 installments  •  73%

About Me

I am Francis Gitau, A Kenyan. Born in the year 1973 in nakuru in the great rift valley province. I studied studied my primary and secondary education in Nakuru still. I am now a businessman in nakuru. I involve myself with retail liquor sells. I live in nakuru with my wife and kids.

My Business

I buy and sell beer,wines and spirits. I have been doing this business for about five years now and business is not bad. I rent my business premise and that is my biggest challenge so far. I make a profit of between $4 to $10 a day. I use my profits on school fees and feeding my kids.

Loan Proposal

since my loan is still on the lower end, i intend to reinvest the knew loan in purchase of more spirits, the amount requested can only accomodate purchase of spirits since bottled beer and keg is alittle bit expensive. its only spirits that can be accomated by this loan. a good advantage with spirits is that they move faster with a good profit. spirits are the best be for me to offer me faster profits for me to be able to repay my loan and also to reinvest in my business and my daily expenditure. i'll be thankful to be able to grow with zidisha.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.51

Date disbursed

Aug 15, 2018

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $0.69

Credit risk payment: $3.12

Lenders

Theo

Zürich, Switzerland

B

bea

Australia

J

JWC

Republic of Korea

Outi

Finland

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