Loan for expansion of milk bar

Francis

Komarocks, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

June 2014

On-time repayments

10 installments  •  50%

About Me

am 23 years 12th born in the family,currently 1st year student at KCA UNIVERSITY doing ACCA.
the days am not attending school am at the milk bar i opened sometimes back and was continiung with it inorder to add up to my school fees.am happy it has helped me and i cant complain.
i stay with my brother as i have not been able to get to a point of paying for my rent but i know soon i will.
been the last born in the family ,my family was very happy to hear that i can have such an idea of having a bar.i used to sell electronics and mobile accessories but decided to change,all this in the name of finding more funds.

My Business

i opened a small milk bar in komarocks and thinking of expanding it.i got an idea of even stocking chicken meat and pig products like sausages as its doing ok so far.
i beleive in this because zidisha will listen to my cry and lend me the capital for the new addition,.
incase it fails,got some few items i can sell in order to repay the zidisha loan as i would not want to run away since its the best lending scheme so far which requires no security and helps a person with no capability of borrowing from the bank.

Loan Proposal

the loan will help me to buy a bigger deep freezer .this wil help reduce wastage of milk in case it doesnt finish in a day.and since am planning on adding more supply of milk sinc the demand is rising but at the moment i cant add to avoid it getting bad and incurring losses, it will help a lot,.in future am also planning on starting to make yoghurt and this will assist in its storage and increase my profits.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 2, 2014

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

Brian

Midhurst, Canada

Sarasota

Sarasota, Fl, United States

B

bwitt

Berkeley, United States

dlpringle

Denver, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

R

rhompa

United Kingdom

S

sarahb

United States

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  • Francis    Jun 15, 2023

    Hi,sorry for inconvenience caused.Had ordered some delivery and it delayed before they delivered my order(chicks).am requesting for a new repay plan which will be comfortable with at the moment,thank you.

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  • Francis    May 12, 2023

    Hi bankers am greatful once more,have received the amount.

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  • Francis    May 12, 2023

    Hi,hope you doing great all.I highly appreciate your concern towards my project(broilers farming) and will repay in time so as we have many entrepreneurs benefiting from Zidisha towards there goal.thanks so much and be blessed.

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  • Ruth Mutile    May 10, 2023

    I hope you will make good use of the money and make the repayments in good time so that other people can borrow too

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  • Thomas    Nov 18, 2015

    Hello Francis,
    i read about your loan proposal and hope that other lenders will join in so that you will be fully funded. I wish you all the best for your business and for you personally.
    Best regards
    Thomas

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  • Francis    Sep 4, 2014

    My wish that all are doing great.
    Humbly requesting for your help to fund my current loan.Thank you.

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  • Francis    Aug 25, 2014

    My happy moment when I have sold all my stock waiting for another blessed day....this still my sad moment because I know the milk containers and all stuff need to be cleaned up haha

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    • CMK71    Aug 26, 2014

      This is the problem with being the youngest in the family! There's no one younger to help you clean up! I am very happy to hear that your milk supply is selling out, though.

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      • Francis    Aug 27, 2014

        I do have someone incharge while am not around or am busy in other fields bt as you say being the youngest also contribute.
        Because he is older than me and sometimes I feel odd commanding him I just show him by actions,secondly been my first investment I do feel motivated doing some cleaning when am free.

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  • Francis    Jul 23, 2014

    Special thanks to lenders,you have really gave me more motivation to work on my business.I did purchase a milk container worth 10800 with a capacity of 50ltrs..this have really helped me on easy transport of milk from my supplier and saved my profit which am using to increase the milk in the stock. Thanks,God's Bless you with no limits.

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