Purchasing wholesale diapers to resell

Christine

Machakos, Kenya

100% repaid

Entrepreneur

Name

Christine

Member since

March 2016

On-time repayments

253 installments  •  62%

About Me

Hi Lenders,
Thank you for always supporting my journey. I’m a Zidisha beneficiary seeking an 8th loan. With this money I seek to support my recently started Social Media Management consultancy. Due to the pandemic, many people especially customers have resorted to going online and making their purchases there. The challenge is that most of the entrepreneurs are yet to move their businesses online and this is due to the gap in technological skills. I have done the market research and this is a business that has the possibility to grow and even offer people jobs in the long run.

My Business

This business is going to offer social media management to entrepreneurs who are not technologically savvy. So far all the proceeds from this have gone towards setting up the business. I have so far registered the business, bought a laptop and a modem.
With the loan I will take 2 courses on how to develop systems when running an online business. If it was more, I would purchase a professional camera. With the income I would be able to expand from operating virtually only.

Loan Proposal

With this loan (My fourth), I will purchase diapers at a wholesale price and supply!!
The initial purchase of a diaper bale costs 3,900/- and since I want to purchase 3 it amounts to 11,700/-. The final 1,600 I will use for transport and logistics.
With the proceeds from this I will be able to open a shop where I can now be able to get more clients.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$138.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

16 months

Lenders

Franmiguel

Perth, Australia

MC

Mark Cowburn

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

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