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 buy more stock to my shop that will enable my clients get the required goods near them without travelling far.
This will create a benefit of attracting more customers to my shop as I have the goods that they need. To my clients they will feel free and good as they can get the goods near them.
with the increased stock definately this means I will be able to enjoy more profit by sh.300
Income Source
The pandemic is serious but with me I can say that it if fortunate that even if the pandemic is there, I will be able to sell my goods as I deal in basic goods commodies which are generally the food items that even those who are sick may require to eat.
This will mean that my clients will come to buy these food items hence I can get the income and repay my loan back without failure.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$136.00
Date disbursed
Jun 12, 2020
Repayment status
On Time
Projected term
6 weeks
Lenders
Gold River, Canada
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