Entrepreneur
Name
Stephen
Member since
June 2017
On-time repayments
33 installments • 64%
About Me
After my university education , I had to apply for many jobs without any feedback from employers. So I started my business with the little savings I had. I got a shop and started with sales of non alcoholic and alcoholic beverages. With the help of Zidisha with regards to my previous loans, I have been able to have a successful business.
My Business
I'm into the sales of alcoholic and non alcoholic beverages. sales of these beverages as moveable goods with demand very high.
I chose to deal in the sales of drinks because of its high demand and it good returns (profit). Profits from the sales of goods are reinvested into the business for it growth and part for the repayment of the loan. Business is now moving well. I hope to increase my stock with this my next loan.
Loan Proposal
The loan will be used stock my shop to buy items like Alomo Bitters @ $23 per box , Adonko Bitters @ $ 18.5 per box. Sparkling wine (non alcoholic) @ $ 18 per box, Malta Guinness (non alcoholic) @ $9 per crate. Returns or profit made will help me have better livelihood so as the other wholesalers will earn some profit too. I expect a profit increase of $50 per week.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$120.00
Date disbursed
Jun 28, 2017
Repayment status
On Time
Projected term
2 months
Other loans
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