To add stock,and enlarge my kiosk

Robert Simiyu

Nakuru Town, Kenya

100% repaid



Robert Simiyu

Member since

January 2015

On-time repayments

35 installments  •  11%

About Me

l was born into a family 5 siblings,my parents were farmers who did their best to educate us with proceeds from the farm
l was lucky to get to university,l studied business management,after completion of college l started a business of selling fruits and cold drinks ,my business is situated next to a hospital and a few meters away their is also a school and this is an added advantage to me
lam married and has one kid
my hobbies are making new friends and book reading

My Business

l own a small kiosk next to a hospital,this business is strategically placed as most of people visiting hospitals buy from me fruits,and also students who are nearby do come to my kiosk to buy from me,most of my customers are doctors,nurses,teachers,students and people visiting the hospitals
l normally make between $150 to $200 every month
most customers like my business because l sell them fresh fruits at affordable prices and give them good services
when you offer me zidisha loan l will be able to increase stock as well as enlarge size of my business

Loan Proposal

thank you so much zidisha team and lenders as well for a chance of loans when you offer me zidisha loan l will add stock of friuts and have varieties to meet the demand for my customers in the following ways,buy oranges at a cost of $20,buy pineapples at cost of $20,water melon at a cost of $25,l will also enlarge my kiosk at a cost of $35
this loan will enable me to increase stock as well as enlarge my business which in return would enhance general profit margin






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Jan 26, 2015

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $100.16 at 1.95% annual rate over 1 month = $0.22

Service fee: $0.42

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