The loan will be used to buy,electrical appliances,cultivating tools like jembes,pangas etc,and paints as explained belo...

Titus

Kabartonjo, Kenya

20% repaid

Entrepreneur

Name

Titus

Member since

February 2014

On-time repayments

7 installments  •  29%

About Me

I am married and i mm blessed with a boy and girl who are twins.i live in kabartonjo as stated earlier.i am a teacher as a profession and i teach kabartonjo primary school.
i started my business to supplement our income and also my wife to benefit as she has a diploma in business management.
The business is selling , thing like jembes for cultivation,hammers,nails,wire mesh,electrical appliances,tiles,paints and so many others which are sold in retail and wholesale.
we improve the business with the proceeds we get and also improve our farming at kaptumo.
if offered the loan the income i get and and my salary are enough to ensure i repay the loan without any constrains

My Business

As noted here above too,i started my business to supplement our income and also my wife to benefit as she has a diploma in business management.
The business is selling , thing like jembes for cultivation,hammers,nails,wire mesh,electrical appliances,tiles,paints and so many others which are sold in retail and wholesale.we have a strong customer relation as we purchase from Nairobi which other sellers cant afford and sell them both at wholesale and retail hence we do not have competition.
The challenges is lack of capital to meet all the customer requirements.
Dailly we get over ks,5000 per day and approximate ks,ks,150,000-200000 per month and net of a bout ks,50000

Loan Proposal

Electrical appliances are consumed frequently these is because there is the project of rural electrification from the government hence i buy specifically electrical items especially the wires..hence i will use 40% to buy these.
20% will be used to buy jembes and few pangas as these is cultivating season in our country and more so my county.
The remaining 40%,i will increase paints,bulbs ,locks and tiles.All these i will add up plus the sale of last month and purchase a good stock from Nairobi.
I believe these is the first initiative i have come to know and will definitely make my dreams come through.
Thank you Zidisha and God bless you and the entire Zidisha family.

Feedback

None

None

3



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 23, 2014

Repayment status

Late

Projected term

7 weeks

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

T

ToddK

Indianapolis, IN, USA, United States

B

Bavarian

Bavaria, Germany

C

cngilkd

gaithersburg, United States

A

anagnan

BRUXELLES, Belgium

Sarasota

Sarasota, Fl, United States

C

cranejoad

cazenovia, United States

G

GreenMoney

Lahr, Germany

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

Ask Titus a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...