Business loan

Zoniah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Zoniah

Member since

August 2017

On-time repayments

51 installments  •  2%

About Me

I am a Kenyan and a self employed lady who owns a wholesale shop.. I make a good profit every week out of the business. my business involves selling kitchenware, lady clothes and stationery. it makes a profit of up to 30000 every month. I manage to save up to 15000 every month after paying my bills and expenses. out of the business I have been able to help the people of my village/community as my business is located in a rural place. from this loan I will be able to add more stock to the business which will be groceries.

My Business

my business involves selling kitchenware, stationery,lady clothes and school uniforms. it makes a profit of up to Ksh30000 per month of which I save 15000 kshs after paying my bills and expenses. out of the business I have been able to help the people of my village as my business is located in a rural place. from this loan I will be able to add more stock which will be groceries. I believe this will add more profit than what I get normally. I have been running this business for the past five years and I have been having challenges but I tried to overcome it since all businesses always face challenges. I believe adding groceries outside my business shop will attract more customers.. people in my village always walk kilometers to buy groceries but now that zidisha is going to help me bring groceries closer to the then the people will not need to walk for long distances. 2

Loan Proposal

I will add more stock in the business and therefore expand it.. also I will add more employees into the business two cleaners and one shelf arranger.. the remaining money from this loan will be to pay for the debts I owe a few of my creditors. if I pay them then they will be able to give me more money and equipment and the amount I get I will use to repay this loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

CN

Craig Newmark

United States

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