Zidisha |

Stephen

Viragoni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stephen

Member since

February 2013

On-time repayments

45 installments • 24%

About Me

My name is Stephen Mateso Kalume,Im a youth yet married lives with my family at home.I live in Viragoni sub-location in Kayafungo location Kaloleni Division Kilifi county within the Coastal region of Kenya.Im a shopkeeper,Immedietely after my school started the business.Im a class eight leaver,could not go beyond class eight reason being money, as money is power.I started this business basically to earn a living and to atleast improve my life.I purchase various items:detergents,food stuffs,plastics,milk,clothes,fuel etc.Also pay for school fees,food,transport and clothes for my brothers and sisters and my parents.Hope to expand even more and even open other branches else where for better income.

My Business

My business is shopkeeping,it provides the selling of commdities in a shop to people/shopers.There is demand of these goods because in my area there no big shops hence people are forced to travel long distances inorder to shop.So by establishing an extensive shop around the area will have solved a great problem.My customers prefer to my business because Im faithful businessman and that my prices are not all that over high.The business is profitable because in a day you can save atleast one thousand shillings profit.Risks that face my business is transport and security.My typical monthly income is ksh:35000/= and my monthly expenditure is ksh:20000/= my profit is ksh:15000/= of which I can repay Zidisha loan comfortably.

Loan Proposal

The loan will be used to expand my business i.e will buy more stock such as milk,brown-cakes,Omena or small-fingerlings,biscuits,cloths,books,pens/pencils,colours,maize-flours,wheat-flour etc.Also will divide the stock and open another site/shop I already established long time ago and the place has a good market.And to the fact I own the place and the house will be easier to operate and hope to make a good profit.