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Francis

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Francis

Member since

December 2017

On-time repayments

144 installments • 53%

About Me

I was born in a family of 6 children due to poverty I'm only child who managed to go to secondary due to good performance,unfortunately my father passed on as soon as I finished form four, being 4th born in our family and only educated I had no other alternative other than to look for a job to rescue my mother whose work was to sell charcoal to the market, I got a job in one of busy electrical shops as sales man,my skill s were high due to physics and commerce know how from high school .due to good interaction and honest to my clients,they advised me to open my own business they will promote me!

My Business

From my little salary of ksh 8000 I managed to save 50 thousands and 10 goats, after working for 5years have started my electrical shop business but the challenge I'm facing is finance,goods are in demand but low supply

Loan Proposal

I will buy stock of 10 float switches@400, a total of ksh4000, and buy 10pcs double pole switch @200, costing ksh 2000 a total of 6000 hence sell @piece of float switch at 1000 making a profit of 600 per@ and sell double pole @300 making profit of 100 per piece with both products I will make a profit of 67.96 dollars, and use the profit to buy other electrical products

My Videos

Aug 11, 2021: My business, my heartbeat

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J Jul 19, 2018

Neat on time repayment. Great status updates.

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- Francis Jul 27, 2018
  
  My greater lender have applied aloan pending waiting for zidisha staff approval thank you for your generous lending
  
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J Jun 10, 2018

Very neat on time repayments. Good status updates.

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Joshi Apr 20, 2018

Francis made good use of the partial funds that he received for his last loan. Will contribute to his further loan applications.

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- Francis Jul 27, 2018
  
  My lender have applied a loan that is pending waiting for zidisha staff approval ,Itrust you my lender!
  
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Joshi Mar 17, 2018

prompt payment, good communication. Will support further projects.

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- Francis Apr 20, 2018
  
  Thanks my lender joshi ,how are you?on my side I'm okey working hard to cater for my family needs
  
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julie Feb 8, 2018

great plan and prompt repayment

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- Francis Apr 20, 2018
  
  Hi !Julie how are you?
  
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- Francis Jul 27, 2018
  
  Julie! Have pending loan waiting Zidisha staff for approval, and look forward to see your generous hand
  
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