Eric
Nairobi, Kenya
100% repaid
Name
Eric
Member since
May 2014
On-time repayments
344 installments • 67%
I am a young self motivated, passionate, focused, trustworthy and hardworking businessman, I am a Kenyan living in Nairobi, passionate about job creation to the young people. I see a great future in entrepreneurship in the very near future.
Professionally: I am a Licensed Pharmaceutical Technologist, Passionate for my profession and always striving to achieve excellent pharmaceutical practice. I am a key leader for our pharmacy professional body as the National S.G.
The Practice: I am honored to serve patients from all walks of life and facilitate their access to life saving treatment and interventions at the job-level and Interactive/social-level. I got an all-round experience from Community Pharmacy Practice, Mission Hospital based Practice, Private Hospital Based Practice and Institutional Pharmacy Practice.
I enjoy meeting people and making new friends. I am a mentor too, I love inspiring others. My dream is to grow my businesses and offer more meningful job opportunities to many.
I run a cybercafe, two microbuses and two three-wheeler tuk-tuks for public service transportation which are all doing well now. I have 9 employees now and hope to expand more with this loan.
The Cybercafe business has been there since February 2014 and really shot up income-wise since investing my last zidisha loan amount in a Konica Minolta Bizhub C360 Printer and camera and after I got a strategic location that has higher customer traffic. This gives me the enthusiasm to equip it further.
Having excelled in Tuk Tuk public transport service and the spare parts garage kicking on well, I am now venturing into microbus transport services. I intend to buy one more second hand Suzuki Every which costs USD 4,500. It's a seven-seater with a daily net return of USD 15.
Zidisha can currently give me USD 2,985. I will raise the difference. (I have it ready)
I intend to use the loan to fully finance this transport business portfolio expansion venture.
In addition to my other businesses in the public transport industry and the IT/Cyber sector, the new investment in a Suzuki Every vehicle will bring in an estimated average net income of USD 15 per day at the onset.
I have repaid Zidisha Loans before and I can confirm that I will be able to repay back the loan funding in good time.
When granted the Loan I will buy an Epson L850 Printer, a Camera and additional Accessories.
The mentioned Printer is able to print Smart Passports at a high speed, Business Cards even Plastic Job ID cards, posters bronchures wedding and birthday invitation cards among many other graphic design works which will grow the business greatly and create atleast one more job opportunity.
I get an average of three requests to do passports which I always disappoint. With this Loan and Printer acquisition I will no Longer loose this n more business charging USD 1 per person on passports printing l'm guaranteed of USD 3 additional daily plus much more.
I appeal to my Friends who have funded the previous proposals to help me realize this vision Fast as possible.
I wish to mention that I'm on employment and can always support loan repayment from my monthly income.
Also the Cyber I run is close to a public university and private academies and High schools which makes it viable and promising.
I thank you all in advance.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$611.00
Date disbursed
Jul 2, 2015
Repayment status
On Time
Projected term
11 months
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