Entrepreneur
Name
Simon
Member since
August 2015
On-time repayments
119 installments • 17%
About Me
I grew up in the suburbs of Machakos town and since childhood, I've desired to be a flourishing business person, I began businesses since I was in class 7,with selling macadamia nuts then to rearing rabbits where I could raise my pocket money, actually when I was moving to college I was able to pay my first semester with proceeds from the same
My Business
My business is simply a pharmaceutical outlet, that includes human drugs, veterinary and farm inputs and also a cosmetic wing in outskirts of Machakos town, specifically kaviani market, I envisage to expand it through zidisha financial product and boost my net from 400 USD monthly to three folds by the end of this year,i chose this type if business simply because its been my envisage to be in the health sector and moreso as an enterpreneur alleviating human suffering by practicing quality medical practices.
Loan Proposal
Am aiming at restocking my outlets with new products and also increase the current stock so that items don't runout quite fast, am also exploring on the possibility of encompassing a mpesa outlet and an equity agent in the same business, as per my plan, the whole project requires around 600USD, 200USD for the equity bank agent, 50USD for the mpesa working capital and USD 350 for the boosting of the chemist /agrovet /cosmetics items, am also exploring the possibility of increasing my workforce to cater for another assistant coz at times the work is overwhelming, and in cases where I have to close and go to fetch the outstocked items, and that creates losses in lost business opportunities
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 16, 2015
Repayment status
On Time
Projected term
6 weeks
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