Alex

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alex

Member since

December 2011

On-time repayments

293 installments  •  77%

About Me

I am married with three child I live in Nairobi Utawala and went to school at St Peter Mumias where passed my O- level Exams very well but I did not join the University because of lack of resources and I decided to start a business of retail shop in the year 2004 and with this business I have been able to take care of my family and pay for my Children School fees. I use the profit from my business to expand my business and build permanent building for my business so that it is more secure. Zidisha Lenders have been a bless since year 2012 and my business have grown from strength to strength and am able to support a happy family and support my community and the country.

My Business

I have Business of retail shop where I sell Green grocery and wholesale , food such as maize meal, rice,cooking fats,detergents.milk, breads and many more. from this business a make average income of Kes 680,000 per month before paying for my expenses. I also own m-pesa business offering mobile phone banking services to the locals and this gives me Ksh 20,000 per month. I face challenge in this business such as high cost of products and fuel. I kindly request Zidisha lenders to partner and finance my business to be able to buy a small van to carry my merchandises from the wholesale market to my shop. The Delivery van will save my business on transport expense and increase my revenue by 20 %. . The Delivery Van will cost about Ksh 600,000 for a good second Van.

Loan Proposal

The loan is for buying more products for sale such as vegetables, fruits, cereals and fast moving groceries. More stock will help me meet my customer needs and increase my profit by good margin and expand my business so that I may be able to meet family expences too

Feedback

25

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$613.00

Date disbursed

Mar 9, 2012

Repayment status

On Time

Projected term

12 months

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

D

Delph007

Den Haag, Netherlands

I

ideerge

Mountain View, United States

P

ploeger

Perkasie, United States

M

morgenstern

Oslo, Norway

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