To purchase more curios for sale this festive season

Zacharia

Kiamunyi, Kenya

100% repaid

Entrepreneur

Name

Zacharia

Member since

May 2013

On-time repayments

54 installments  •  69%

About Me

I have a family of two boys all of whom are in standard five and top class.I am a college graduate and i have worked as a fire fighter in Kenya Navy and Iraq.I started this business of ornaments due to demand and Nakuru being one of the most tourist attraction centers, this business looked more viable and profitable.Secondly, this type of business has given me the exposure of interacting with tourists and currently iam in the process of initiating this business in the US with a friend we worked with in Iraq.Well, i feel advantaged due to my competitive edge in selling this products right inside the town. An addition of more funding means expansion of this bushiness and more income.
The money being requested therefore will be used in adding more stock on the yet not available products.

My Business

This business is all about curios and ornaments( This includes human/animal features, bracelets, necklaces). There is demand due to tourist attractions and as well local customers who buy from me to go and supply elsewhere.Our customers prefer my stall due to availability of goods , quality services, pricing and promotion strategies that we have developed of late using photos, pamphlets and post cards as well as word of mouth.This has given us a competitive edge over others.
In any business there are challenges.Such challenges can be prices, poor promotion strategies, marketing and as well as low turn out of tourists now that we are focusing on this.However, risks being averse, as a prudent business man for years and the experience that i have in this business we are trying at all times to make sure that our sales promotions is all above par to compete with the existing markets.

Loan Proposal

I want to purchase assorted curios for sale in my stall. I want to capitalize on this festive season when we shall have a lot of international tourists hence more income will be realized. I look forward to spending Kshs. 16,376 for this business.This will hence increase my revenue and income which will go a long way in meeting my clients needs as well as basic social needs being met.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Dec 26, 2014

Repayment status

On Time

Projected term

4 months

Lenders

investor

Candiac, Canada

Zidisha

Sterling, United States

ads68

Melbourne, Australia

J

JohnH

Livonia, Michigan, United States

G

granite

Stanford, United States

Evan Lamos

Brussels, Belgium

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

G

geoff

United States

M

meric

Australia

Paul Buchheit

Mountain View, United States

K

Karpet

Faroe Islands

M

mjgoldsmith

United States

M

MigwiK

Brecht, Belgium

J

JessicaAna

Maputo, United States

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

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