Inventory for shop

Victor

Iten Kaptoo Village, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

February 2014

On-time repayments

228 installments  •  69%

About Me

PERSONAL PROFILE
KIPKORIR VICTOR KIBOR
Iam known by the following names,born in 1984 kokwao sub-location Tambach division
In Keiyo district.I went to kokwao primary school and finished in the year 1999 thereafter joined Tambach Boys high school for four years.In the year( 2005-2006),went to Mbale progressive high school Uganda for A-level.
In the year (2009-2010),went top Regions group college and acquired a diploma in Business administration thereafter joined Kenya college of accountancy for a professional coure in Certified public accountant.
In the year 2014, i enrolled for a degree course in BCOM Kisii university and i graduated in Dec 2017
Currently in the year,2012 to date,I am employed in Transmara sugar company as an accountant.married in 2013 and blessed with 2 children.

My Business

TRACTOR FOR CANE HAULIAGE TO THE FACTORY FOR CRASHING:
Due to an increasing urge from the community, I opted to purchase one tractor for transporting cane to the factory .The cane will be carried to the factory and crashed and the end products that is Sugar will be used by the community to improve their livelihood's.
The reason for choosing this kind of business is due to an increasing demand by the businessmen for ease of transport of their cane. I have bought 1 tractor complete with a trailer and iam planning to add another one for efficiency.

The costs incurred in this case is as below:
1.A tractor Kes 1,500,000=USD 12,820/
2.Trailer Kes 500,000=USD 4,275/
3.Other spares Kes 200,000 =USD 1,709/

Total=USD 18,804/
The profit received from this will assist me in adding more tractors and employ some casuals in day to day tasks.
With this regards,I thank Zidisha team for there financial support and unity and I hope we shall be together as far as terms and conditions is concerned.
Thanks&Regards.

Loan Proposal

Dear entire lenders for Zidisha,
Due to countable numbers of shops in my village, I eventually decided to venture into it so as to meet the high demand of house hold products like sugar, salts, tea leaves, cooking fat, paraffin and other products. The business kicked off on 15th, Aug.2014 after considering several factors like demand, population density, strategic position and enough capital to gather for large stock. It is for this reasons that led me to abandon the earlier ongoing business. Another main reason for leaving previous business is due to diminishing demand as almost everybody has got knowledge of stocking cereals during harvesting. In this business I am able to buy stock at subsided price from a merchant and sell to a large population including Students from a local school. A bag of sugar costs=Kshs 3,600/ which is equivalent to 41 USD With this regards, I thank Zidisha team for their financial support and unity and I hope we shall be together as far as terms and conditions is concerned.
Kindly, I request zidisha lenders to help me raise my loan bids so as to be able to meet my clients needs as this is also new adventure that have ventured into whereby I do not want to let down my clients.
Thanks Regards
Kibor

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Loan Info

Project Type

Classic Loan

Disbursed amount

$252.00

Date disbursed

Nov 10, 2014

Repayment status

On Time

Projected term

2 months

Lenders

B

Bernhard75

Vienna, Austria

Jouni

Finland

ads68

Melbourne, Australia

S

SammyGeorge

Belfast, United Kingdom

N

naranburgos

Madrid, Spain

E

elourenco

Porto, Portugal

S

sarah4d2

Saint Louis, United States

Mikers

Netherlands

Voscke

Utrecht, Netherlands

DF

Dennis Furr

United Kingdom

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