Timberyard and hardware stock increase

David

Gilgil, Kenya

100% repaid

Entrepreneur

Name

David

Member since

September 2016

On-time repayments

67 installments  •  67%

About Me

am David ,,first born in a family of 4 children. Am an entrepreneur owning a Hardware store and a timber yard.Firstly I thank my lenders for previously supporting me raise my previous loans.Being the first born in a family of four, I have come a long way for me to be able to own the hardware and the timer yard. I got a family not yet have a child but hoping to get one soon. I get money to support my needs to support my family from my business.

My Business

The hardware store is where I get my income .In the hardware store I make sales of about 1500 dollars weekly and in the timber yard sales of a bout 100 dollars weekly. My family needs are met through the profit made from my business. The profit which I make share it to my saving account ,,family needs ,,increase my hardware stock. In my Hardware you will find cement,, iron sheets,, nuts,, pipes and pipe fittings and other building materials. Firstly I started with the hardware which started operating back in 2016 .With the profit made I have been able to open a new business which is the timberyard .I sell timber, offcuts and firewood. I am looking forward to expanding both business from profit made and support from my Zidisha lenders.

Loan Proposal

Currently I own a Hardware store and a timberyard where I sell timber off cuts and firewood. In the hardware store I have stock ranging between 300000 to 400000 thousand. The timberyard have just started to work and got a stock of about 50000.I would like to request a loan of about 50000 for me to be able to finance my Timberyard and increase my stock to 100000 .This will help me increase my profit and be able to save more. I make sales of about 20000 daily in the hardware and about 5000 to 10000 in the timberyard. I am aiming to open a new branch after I expand my profit .I believe I can expand my business because since I entered the business I have been able to live an average lifestyle.

My Videos

Jun 22, 2021: My hardware business video

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Oct 21, 2018

Repayment status

On Time

Projected term

1 week

Lenders

MarktheMormon

Sandy, Utah, United States

HH

Helen Horseman

United Kingdom

BP

Brian Piltz

United States

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  • David    May 19, 2022

    I will use the loan to add more hardware stock in my hardware .may my lenders be blessed abundantly.

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  • David    May 19, 2022

    The loan have helped me a lot in my business may my lenders be blessed.

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  • David    May 17, 2022

    Thank you for loan that I took lastly was late on my repayment but I have made whole payment of the loan today .Am glad am back on my business it was not doing well but am now doing great.

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  • David    Sep 25, 2021

    Tight schedule

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  • Daniel    Sep 17, 2021

    Dear Lenders,
    Have spoke to Mr Gitau and he has assured me he is working on the payment

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  • David    Sep 17, 2021

    My budget is tight currently.

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  • David    Aug 12, 2021

    I have tight schedule

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  • Madesto    Jul 31, 2021

    i called david and he promised to pay his loan by the end of next month august.thank you

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  • David    Jul 8, 2021

    I have a tight budget

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  • David    Jun 22, 2021

    I will buy paints and brushes for my hardware business .It will help me in improving my lifestyle .May God bless my lenders abundantly.

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  • David    Jun 22, 2021

    It was a successful venture because was able to purchase items needed and repayed my loan on time.May God bless my lenders abundantly.

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  • David    Apr 21, 2021

    Will use it to buy paints and sell at a higher Profit and repay on time .

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  • David    Apr 20, 2021

    Thanks to my lenders for the loan .I will add more stock to my business.

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  • David    Apr 20, 2021

    I will buy more paints for my business and sell at a profit Which will enable me repay my loan on time and do other things.

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  • David    Apr 12, 2021

    Will buy more paints for my business .will resell at a profit and it will assist me in my life.May almighty God bless you abundantly my lenders.

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  • David    Apr 12, 2021

    The loan was of great help to me ,it have helped me a lot in my job.Thanks to my lenders may God bless you abundantly.

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  • David    Mar 27, 2021

    It will help me improve my business a lot thanks to my lenders ,may God bless you abundantly.

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  • David    Mar 26, 2021

    I used the loan to buy ceramic toilet and handwash then sold and bought new one waiting for customer.

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  • David    Mar 15, 2021

    I will buy cement for my business and will sell at a profit it will help me improve my life and may God bless you for lending to me.

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  • David    Mar 15, 2021

    I Will use the loan to buy more hardware items which will resell at higher price to make profit ,these will enable me repay my loan on time.

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