Stock addition for my business

Eunice

Kayole, Kenya

100% repaid

Entrepreneur

Name

Eunice

Member since

April 2014

On-time repayments

41 installments  •  34%

About Me

My name is Eunice Wanjiru. I am a married mother of two currently Intending to establish my own business. I intend to open an Mpesa and Equity Bank agency in my neighborhood.


However, my current financial status demands for more than I can personally raise for the agency business. I have already managed to raise part of the required cash but I still has a deficit of a considerably large amount.

It is for this reason that I need a loan from Zidisha Lenders to enable me get enough float for the twin agency business.

My Business

I am currently working in a Restaurant situated in Nairobi City. I work as a waitress and receive a salary of $190 per month. With this amount, I am certain that paying back my loan will not be a hustle at all. After all, my husband helps in providing home necessities hence I deal with minimal expenses. I can give 100% guarantee that I will conveniently pay the loan once granted.

Loan Proposal

If I am granted a loan from Zidisha, I intend to use it in expanding my business particularly the stock. My business is currently carrying stock worth $200. Bearing in mind that the business is an entertainment joint, the stock is not enough to satisfy my customers fully. If I get an additional stock of $140, the business will definitely operate in a normal way and I will be in a position to beat my competitors. I will also be in a position to source enough money for my personal and home use.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

May 22, 2014

Repayment status

On Time

Projected term

3 months

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