To add stock to business

Stephen

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

March 2020

On-time repayments

67 installments  •  49%

About Me

I am A Kenyan Citizen aged 28 years. I am a self motivated individual who is ready to be assisted and also assist others.
I am happy to develope myself to be at the top but not to be a failure.
I came to start my business when I was informed by a friend how zidisha assist members start the business because I never had the capital but I had the mind of starting a business in my mind.
My hoppy is reading journals especially for business news that may educate me more on issues concerning the business.

My Business

As a young Kenyan I had businesses like Chicken rearing, selling shop items, selling of water and car wash.

Due to inadequate capital currently I only have the water selling point and the mini shop for selling shop items.

In my plan if I can get more capital I would like to revive the bussinesses like car wash and chicken rearing and also I would like to add a business of growing vegetables as I have constant flowing water and a storage tank too.
Currently am selling the shop items such as sugar, bread, milk , rice maize floor and flour, soap and cooking oil.
I chose this type of business because in my area there was no near shop for clients to purchase these items as covid 19 also emerged and travelling so far was also not allowed.

Loan Proposal

I would like to add my stock as I sell first moving products that is sugar and rice it is moving very fast that within a week the stock is over.

Income Source

As a result of corona the challege that I May be facing is only the shortage of supply from wholesalers that at times when I go to purchase my stock I at times find that the stock is not there, but with the repayment, I do sell at the village and I readily get accessed to my customers who tend to purchase my products thus making me to pay back my loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Apr 5, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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