To purchase shop items such as sugar, milk, bread and flour

Stephen

Kisumu, Kenya

100% repaid

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How it Works

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 will use my loan to add more food items in my shop which is in high demand by my clients.
This will enable me to expand the size of my business which in turn makes me have more customers that will have hopes to get what they need from a near shop as copared to travelling far.
I expect my business to increase the profit from 1200 to 1500.

Income Source

As the corona virus is concerned and how it is affecting the daily operation of different activities, with me, as I operate on the food items most people need food for survival and they will buy food that am selling because food is a necessity to all households, people are on a high demand of food and when they come to buy from me, I will be able to get the money for repaying my loan on time.