4 bales of clothes for the new stall
Anthony
Rongai, Nairobi, Kenya
22% repaid
Entrepreneur
Name
Anthony
Member since
February 2015
On-time repayments
254 installments • 34%
About Me
I am a 27 year old Kenyan, born in Kilifi County, within the Coastal province of Kenya.
I am the second-last borne in a family of 5 siblings; having been single parented since I was 10 years old; following the death of our father in the year 2001. My father was the bread winner of the family. After his demise, it was difficult for my mother to cater for each one of us. I acquired my primary and high school education in a local government schools with critical hardships. A year after I finished my Secondary school, it was even harder for my aging mother to cater for my college education. I then opted to stay with a friend to my brother living in Rongai, Nairobi who had offered to accommodate me in his premises as an assistant clothe salesman.
I worked for him for 3 years since 2009 and it was in 2012 where he gave me a loan of KSH 10000 (USD 112) to start up my own stall for clothe sales. By January 2013 I had saved enough money to start up my college education in Nairobi. I recall to have successfully relied on Zidisha loan to expand my start up while I was a third year in college because of the business that I started up then. My experience with Zidisha was the best thing that ever happened to my life; and was particularly helpful support from lenders in zidisha who made it possible. The disbursement from Zidisha assisted me administrative and expansion costs for my business. I was able to maximize profit which in turn helped me in reducing the cost of tuition and life generally.
I am now a teacher in a local primary school in Kilifi County. My mtumba (-second hand clothes) business is still running and I am currently adding another venture in keeping broilers for commercial purposes. I have been in touch with local experts who continue to advise me on best practice.
My Business
My project is on clothing sale. Having been mentored by a business associate, i have developed a good clientele but have now set off my own independent clothing sale business at the moment.
Ongata Rongai being a developing town in the precincts of Nairobi City with an increase in its population every single day, it provides a very wide market for my clothing business as is widely understood that second hand clothes have a wide market in Kenya.
The main reason as to why I started this business is owing to my previous engagement in the clothing industry and having identified the growing need for the clothes in the area, I believe that my stall will continue to meet this growing demand.
The whole business is currently worth KSHS 25,000 (Approximately USD250), This include the stall and the current stock. With this amount I am able to make a profit of at least KSHS 15,000 per month(USD150).
I intend to expand the capital base to at least KSHS 30,000(USD 300) with which I trust and am confident enough that the revenue will increase to KSHS 22,500 (USD 225). It is with notion that I wish to advance a loan from zidisha online lending and enable me expand this business and be able to meet the market demand which is increasing every day in RONGAI and its environs.
I intend to use the revenue from the business to reinvest it in my business in order by the end of the year I will operating with a capital base of more than KSHS 200,000 (USD 2000) of which my predictions are that by next year teh revenue would be more than KSHS 100,000(USD 1,000).
This will enable me expand in my business as well as education support.
Loan Proposal
I deal in business sale of second hand clothes. I seek Kshs. 20,000 only to enable me buy more stock and help me manage administrative costs for my new stall in Kongowea market, Mombasa county.
I intend to buy four new bales of clothes at Kshs. 3000 each and then settle revenue charges with the county government of Kshs. 1000 and a month rental charge for the month of April which is Kshs. 5,000.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$177.00
Date disbursed
Apr 15, 2019
Repayment status
Late
Projected term
24 months
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Summary
Amount repaid
$39.42
Amount remaining
$137.96
Expected completion
Apr 15, 2021
Status
Repaying late
Installment amount
$8.87
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 25, 2019 | $9.85 | May 26, 2019 | $9.85 |
| May 2, 2019 | $0.00 | ||
| May 9, 2019 | $0.00 | ||
| May 16, 2019 | $0.00 | ||
| May 23, 2019 | $0.00 | ||
| May 30, 2019 | $0.00 | ||
| Jun 6, 2019 | $0.00 | ||
| Jun 13, 2019 | $0.00 | ||
| Jun 20, 2019 | $0.00 | ||
| Jun 27, 2019 | $0.00 | ||
| Jul 4, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jul 11, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jul 18, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Jul 25, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Aug 1, 2019 | $0.49 | Jul 1, 2019 | $0.49 |
| Aug 8, 2019 | $0.00 | ||
| Aug 15, 2019 | $0.99 | Aug 13, 2019 | $0.99 |
| Aug 22, 2019 | $0.99 | Aug 13, 2019 | $0.99 |
| Aug 29, 2019 | $0.99 | Aug 13, 2019 | $0.99 |
| Sep 5, 2019 | $0.99 | Aug 13, 2019 | $0.99 |
| Sep 12, 2019 | $0.99 | Aug 13, 2019 | $0.99 |
| Sep 19, 2019 | $0.49 | Sep 21, 2019 | $0.49 |
| Sep 26, 2019 | $0.49 | Sep 22, 2019 | $0.49 |
| Oct 3, 2019 | $0.49 | Oct 5, 2019 | $0.49 |
| Oct 10, 2019 | $0.49 | Oct 5, 2019 | $0.49 |
| Oct 17, 2019 | $0.49 | Oct 19, 2019 | $0.49 |
| Oct 24, 2019 | $0.49 | Oct 28, 2019 | $0.49 |
| Oct 31, 2019 | $0.49 | Oct 28, 2019 | $0.49 |
| Nov 7, 2019 | $0.49 | Nov 6, 2019 | $0.49 |
| Nov 14, 2019 | $0.49 | Nov 6, 2019 | $0.49 |
| Nov 21, 2019 | $0.49 | Nov 24, 2019 | $0.49 |
| Nov 28, 2019 | $0.00 | ||
| Dec 5, 2019 | $0.49 | Dec 16, 2019 | $0.49 |
| Dec 12, 2019 | $0.49 | Dec 16, 2019 | $0.49 |
| Dec 19, 2019 | $0.49 | Dec 28, 2019 | $0.49 |
| Dec 26, 2019 | $0.49 | Jan 11, 2020 | $0.49 |
| Jan 2, 2020 | $0.00 | ||
| Jan 9, 2020 | $0.00 | ||
| Jan 16, 2020 | $0.49 | Jan 30, 2020 | $0.49 |
| Jan 23, 2020 | $0.49 | Feb 19, 2020 | $0.49 |
| Jan 30, 2020 | $0.49 | Feb 19, 2020 | $0.49 |
| Feb 6, 2020 | $0.00 | ||
| Feb 13, 2020 | $0.00 | ||
| Feb 20, 2020 | $0.00 | ||
| Feb 27, 2020 | $0.00 | ||
| Mar 5, 2020 | $0.00 | ||
| Mar 12, 2020 | $0.49 | Mar 26, 2020 | $0.49 |
| Mar 19, 2020 | $0.49 | Mar 26, 2020 | $0.49 |
| Mar 26, 2020 | $0.49 | Apr 4, 2020 | $0.49 |
| Apr 2, 2020 | $0.49 | Apr 11, 2020 | $0.49 |
| Apr 9, 2020 | $0.00 | ||
| Apr 16, 2020 | $0.00 | ||
| Apr 23, 2020 | $0.49 | Apr 27, 2020 | $0.49 |
| Apr 30, 2020 | $0.49 | May 2, 2020 | $0.49 |
| May 7, 2020 | $0.49 | May 9, 2020 | $0.49 |
| May 14, 2020 | $0.49 | May 16, 2020 | $0.49 |
| May 21, 2020 | $0.00 | ||
| May 28, 2020 | $0.00 | ||
| Jun 4, 2020 | $0.50 | Jun 6, 2020 | $0.50 |
| Jun 11, 2020 | $0.50 | Jun 13, 2020 | $0.50 |
| Jun 18, 2020 | $0.50 | Jun 13, 2020 | $0.50 |
| Jun 25, 2020 | $0.50 | Jun 27, 2020 | $0.50 |
| Jul 2, 2020 | $0.50 | Jun 27, 2020 | $0.50 |
| Jul 9, 2020 | $0.00 | ||
| Jul 16, 2020 | $0.50 | Jul 18, 2020 | $0.50 |
| Jul 23, 2020 | $0.00 | ||
| Jul 30, 2020 | $0.01 | Aug 10, 2020 | $0.01 |
| Aug 6, 2020 | $0.01 | Aug 10, 2020 | $0.01 |
| Aug 13, 2020 | $0.01 | Aug 10, 2020 | $0.01 |
| Aug 20, 2020 | $0.01 | Aug 10, 2020 | $0.01 |
| Aug 27, 2020 | $0.01 | Aug 10, 2020 | $0.01 |
| Sep 3, 2020 | $0.00 | ||
| Sep 10, 2020 | $0.50 | Sep 10, 2020 | $0.50 |
| Sep 17, 2020 | $0.50 | Sep 10, 2020 | $0.50 |
| Sep 24, 2020 | $0.50 | Sep 26, 2020 | $0.50 |
| Oct 1, 2020 | $0.00 | ||
| Oct 8, 2020 | $0.00 | ||
| Oct 15, 2020 | $0.00 | ||
| Oct 22, 2020 | $0.00 | ||
| Oct 29, 2020 | $0.44 | Dec 7, 2020 | $0.44 |
| Nov 5, 2020 | $0.00 | ||
| Nov 12, 2020 | $0.00 | ||
| Nov 19, 2020 | $0.00 | ||
| Nov 26, 2020 | $0.00 | ||
| Dec 3, 2020 | $0.00 | ||
| Dec 10, 2020 | $0.50 | Dec 9, 2020 | $0.50 |
| Dec 17, 2020 | $0.50 | Dec 9, 2020 | $0.09 |
| Dec 19, 2020 | $0.41 | ||
| Dec 24, 2020 | $0.50 | Jan 2, 2021 | $0.50 |
| Dec 31, 2020 | $0.50 | Jan 18, 2021 | $0.50 |
| Jan 7, 2021 | $0.49 | Jan 18, 2021 | $0.48 |
| Jan 23, 2021 | $0.01 | ||
| Jan 14, 2021 | $0.00 | ||
| Jan 21, 2021 | $0.00 | ||
| Jan 28, 2021 | $0.00 | ||
| Feb 4, 2021 | $8.87 | Dec 18, 2023 | $2.34 |
| Feb 11, 2021 | $8.87 | ||
| Feb 18, 2021 | $8.87 | ||
| Feb 25, 2021 | $8.87 | ||
| Mar 4, 2021 | $8.87 | ||
| Mar 11, 2021 | $17.74 | ||
| Mar 18, 2021 | $17.74 | ||
| Mar 25, 2021 | $17.74 | ||
| Apr 1, 2021 | $17.74 | ||
| Apr 8, 2021 | $17.74 | ||
| Apr 15, 2021 | $7.26 | ||
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