Addition of stock and purchase of a weighing scale machine

Anthony

Matharenorth, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

July 2014

On-time repayments

141 installments  •  69%

About Me

am a young aduld who is great need of pursuing and completing his career choice but was unable to do so due to some finantial constraint and some social issues which required my full intervention.am pusuing an accounting course that had started last year and still continuing with it but i may temporary stop attending my classes because of finantial issues

My Business

am an hotelier and works at jambo grill ltd along thika superhighway, have worked there for 3 years and my current salary is US Dollars 150 per month and therefore this wii be my source of income in repaying the loan on monthly basis.jambo grill has been my employer for the last three years and it has a stable clientele base.our salary have been always been paid in time with no delays and also it has a strong managerial structure

Loan Proposal

Customer satisfaction is one of the factors that determines the growth and success of an enterprise,currently it will be of great help to my shop towards realizing this through upgrading my stock by having more stock to meet the customer demand. Also to increase the rate of stock turnover and also maintaining customers affordability to a product can be achieved by customizing the products into different portions, and the customization will be facilitated by the use of a weighing scale machine.The loan will be budgeted as follows;120 dollars will be used in buying additional unpackaged maize flour,sugar and rice and all are in sacks,the remaining 80 dollars will purchase a weighing scale machine.Selling product such maize flour,rice and sugar into different portions will boost the stock turnover and i do expect an increase of profit of 40 dollars

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$225.00

Date disbursed

Feb 2, 2015

Repayment status

On Time

Projected term

11 months

Lenders

T

Tallago3

Munich, Germany

Zidisha

Sterling, United States

RebeccaNie

Palo Alto, United States

Boysenfam

Boulder, United States

DLarson

Morris, United States

D

duckdork

De Forest, United States

B

Bernhard75

Vienna, Austria

E

erlingre

Sør-Fron, Norway

L

LenoMetus

Perth, Australia

M

Mcohan21

United States

F

FreckleKitty

United States

camden01

Connecticut, United States

A

adiipienaar

South Africa

jonnyhj

Stockholm, Sweden

F

FSO

Canada

J

jenda

Czech Republic

L

Lender59

United States

R

RosieWatrs

United States

K

KRose

United States

C

cathyu2crazy

United States

E

expatri

United States

C

CraigInCo

United States

mepster

San Francisco, Ca, United States

G

GMB2014

United States

S

simonthompson99

United Kingdom

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

D

Desteli

United States

Mikers

Netherlands

M Jordan

United States

Voscke

Utrecht, Netherlands

Humble Bundle Community

San Francisco, United States

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  • Anthony    Feb 2, 2016

    The reason for my decision is that i had recently drawed some amount of money from the business to settle down some land issue also together with the issue of my sisters fees. so it will take some few months for the business performance to be back to it's normal performance and profitability

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  • Anthony    Jan 18, 2016

    Hi lenders, once again let me take this opportunity to thank my lenders and the zidisha organization for the their continued support that they have lend to me toward transforming my live and others.Actually as per this momment if i do compare my live with the previous years i have really achieved alot and developed more. I have been able to manage my life quite well because most of the problems that are in life are the financtial ones

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  • Anthony    May 5, 2015

    many thanks to all my lenders who placed their trust in me by funding my loan.i did receive the loan amounting to ksh 20300 which created a big change to my business by transforming it to enterprise that meets different customer demand and giving it a reputation.i used part of the loan in purchasing a weighing scale machine that performed one of the greatest functions in my business, and i also expanded my stock with the remaining loan amount

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  • Anthony    Jan 24, 2015

    many thanks to the zidisha team for the great work they are doing towards improving human life standards and their well being.i did manage to open up grocery shop though is still picking and developing but all the same i do have much hope in its success in the near future

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  • Anthony    Jan 24, 2015

    many thanks to the zidisha team for the great work they are doing towards improving human life standards and their well being.i did manage to open up grocery shop though is still picking and developing but all the same i do have much hope in its success in the near future

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  • Anthony    Dec 3, 2014

    treamendously greatful for the the great assistance that was given to me by zidisha organization towards achieving my dreams,also would like to thank all those donors that contributed towards my loan funding.fortunately i managed to push through this semester and still moving on with my studies and all this was through the loan that was offered to me that supplemented part of the fees arrears that i had

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  • Anthony    Jul 24, 2014

    thank to all my lenders for their immeadiate response and also would like to inform you that the loan assisted in arresting part of the fee problem that i was about to face

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