Entrepreneur
Name
Moses
Member since
August 2011
On-time repayments
303 installments • 92%
About Me
i am a kenyan citizen aged 46, married , educated, running a shop at Mburu Gichua shopping centre and also works as a part time teacher. i have been in business for the past 11 years and i have learnt some important business skills such as customer retention strategies. In this connection, my goals in business have been to please and satisfy my customers. One way of doing this is by ensuring that all the goods that my customers need are available. Thus I find Zidisha as an extra help in doing my business and Zidisha loans really help me to add stock so that I retain as many customers as possible. This way, i improve my business by ensuring that the combinations of the goods my customers need are available and in large supply.
My Business
my business is located at Mburu Gichua Shopping centre, i have been in the business for the past 10 years specialising in selling of fresh milk and milk products. i would like to expand my business for the same by buying a medium sized deep freezer. my work capital is currently seventy thousand shillings(ksh 70000). daily net profit is ksh 1000
Loan Proposal
After realizing some profit of Kshs. 10000 from the milkbar business, I have invested in bee keeping and i have already bought three beehive using the profit and planted a hundred seedlings/trees. one beehive costs Kshs 3000 and my aim is to add them to up to 20 beehives. This loan will help me to add six beehives at a cost of approximately Kshs 18000 and the remaining balance will be used in adding more trees to support this kind of farming. Hone is harvested after every six months and there is ready and great demand of honey in the local markets. One beehive produces approximately five kilograms of honey while one kilograms is sold at Kshs. 300. The main problem is the low production am experiencing with only three beehives. If I can be able to produce more, I will be able to compete with other major producers in the market.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$232.00
Date disbursed
Jun 20, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Hillsboro, United States
Canada
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