Entrepreneur
Name
Hermon
Member since
March 2019
On-time repayments
71 installments • 52%
About Me
I am Hermon Omondi a 38 year old Kenyan who sponsored myself after high school to University and started a motortricycle business in Kisumu Kenya after securing a loan. I use Zidisha loan in maintenance of the same. I am also a high school teacher in Siaya County of Kenya
My Business
I pump in money into my two businesses of a beverage shop and tuktuk from online loans and salary. I save money from the motortricycle business and add it on to the beverage business which I conduct in my rural village in Usigu Division of Siaya County Kenya. I however decided to specialize on the Bar business. I have improved the Alcohol business and changed name to Dimorez Lounge which is doing well.
Loan Proposal
I would like to boost my stock in the beauty shop that I co-own with my mum at Usigu Village of Siaya County in Kenya named Kalula Beauty Salon. This is supposed to be a complimentary business to support my income based on the inconsistent nature of transport business since the tuktuks are already depreciating and have to use a lot of maintenance costs. This will in turn boost my stock in the pub and beauty shop.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$285.00
Date disbursed
Nov 5, 2019
Repayment status
On Time
Projected term
3 months
Lenders
World, Spain
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