Demer loan

Dennis

Maua, Kenya

100% repaid

Entrepreneur

Name

Dennis

Member since

March 2015

On-time repayments

14 installments  •  50%

About Me

I am a Kenyan man who was brought up in the rural areas of Nyeri. After completing my school at O levers i started doing business. Through the years i have toiled through thick and thin to establish my business. It has not been easy because i had to raise capital through manual work in construction sites. Soon after establishing a small business dealing with phones and phone accessories i got a sales job . While at this job i gained enough experience that have help me to uplift my business. I also saved some money that helped me to expand my business. Except for my savings i have never had a chance to obtain any kind of financing because financial institutions in Kenya are very strict on collateral which i have never managed to offer. Luckily, through a friend i learnt about Zindisha and i immediately joined. I will pay on time so that i can be able to borrow more in future.My hobby is giving back to community helping not only selling but even making the customers who do not know how to use the phone I train them for free and even showing more about the phone usage.

My Business

I own a small business that deals with phones and phone accessories. I have a small space out side a shop in Maua town behind the main market. The business is situated in a strategic place where i gets good customers traffic. On a good month after paying rent and all the other operation costs i am able to take home five thousand shilling. As i see my business it has a big potential to expand to great heights. When i learned about Zindisha i was very happy because i saw a brighter future for my business. I will make sure that i pay may loan on time so that i get more financing in future. I am very patient and i know that with time i will grow with you to get you maximum loans so that i can be able to expand my business.Am planning the profit that I will be getting from my business I want to continue helping orphans buying the uniforms for them the other profit to grow the that is how will give back to the community.

Loan Proposal

The loan will help me to add more stock which I normally used to sell like :batteries @20$,earphone @9$,back covers @11$,chargers @14$,memory cardleader@ 15$.This will help me add more customers which will to more profit and growth of business and will enable me open other outlets .I expect my business to increase profit because new products that customers have been asking me to bring .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 9, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

M

Markus

Hamburg, Germany

PG

Paul Graham

United States

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