Erastus

Mwiki Estate, Kasarani Nairobi, Kenya

100% repaid

Entrepreneur

Name

Erastus

Member since

April 2013

On-time repayments

162 installments  •  59%

About Me

I am married with four children of 14 years, 10 years, 7years and 4 years.. I did my primary education in the year 1992 and after that I was employed as a cowboy in the home village then I move to the capital city Nairobi for greener pasture in the year 2004 were I worked as a casual labor up to the year 2008 where I started a business of a small food Kiosk in Mwiki Shopping Center. Then I moved to business of providing transport services in Utawala shopping center and hawking house hold merchandise on wholesale.

My Business

I started a business of a small hotel in Mwiki shopping center in the year 2008 and the business was not doing well, In the year 2011 I started the business of selling household merchandise such us plastics ware, glassware, and many assorted goods to small shop in mwiki shopping center and Utawala and I also provide transport services of caring passenger using my motor bike where I make Ksh 15000 per month and Ksh shillings 10000 from the business of selling the assorted goods. This money I use to pay for my children school fees and some invested back to the business for expansion. The main challenge for this business is lack of enough capital to purchase more goods in bulk so that I may enjoy good trade discount thus make good profit and make goods available for my customer affordable. Zidisha fraternity I request you to assist me achieve my dream by funding my business for faster growth.

Loan Proposal

Zidisha thanks for activating my account and giving me opportunity to join this noble and grand programme. I wish to tender my loan application to improve my business of selling house hold merchandise and my motor bike transport business. With this money at hand I will be able to buy a stock of goods worth Ksh 7400 which I will sell and make a profit every day of about ten percent.This will really boost my business and I look forward for a bigger loan in future for more business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 30, 2013

Repayment status

On Time

Projected term

12 months

Lenders

C

chkuo

Taipei, Taiwan

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

ads68

Melbourne, Australia

K

kosatka

Slovakia

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