Adding inventory of rice, grains, and cooking oil to my retail shop

Robert

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

January 2015

On-time repayments

67 installments  •  46%

About Me

I am Rashid Robert aged 21 years old born in a family of nine.My parents could not afford schoolfees for all of us so i could not join college but i am working really hard so that i will one day pay college fees for myself as i desire so much to further my education.I live in Thika. I started my shop in the year 2013 after completing my highschool.I use my profits from my business to pay my bills and save some to pay for my school fees when I go to college.

My Business

I own a shop at Thika section a next to total petrol station and near where I live. The place is ideal for a shop since there are many residential houses and very few shops therefore we have not been able to meet demand. The business generates between usd 200 to usd 250 per month which I use it to stock my business and pay my bills. Zidisha loan will help me increase my stock so that I can meet market demand,pay for my college fees and open more branches in future,employ more people therefore benefiting my community as well.

Loan Proposal

When I get the loan I will use the money to purchase more stock from wholesaler e.g. rice, grains, cooking oil and introduce different packages for these products so that everyone in my neighborhood can be able to afford. I am confident that by doing this, the income from this business will steadily increase and in return I will be able to fully and faithfully pay my zidisha loan. I will greatly appreciate if I get funded thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 2, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Namaste250

Pittsford, United States

J

JT

Maryland, United States

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