Expanding my retail business

Collins

Bogusero, Kenya

100% repaid

Entrepreneur

Name

Collins

Member since

July 2015

On-time repayments

54 installments  •  67%

About Me

My name is Collins Ongaki I come from a village called Bogusero in Nyamira County. I went to Sengereri Primary school and then proceeded to Geke secondary school for my secondary education. I passed very well and was called to Join Kenyatta University for higher education. I completed my undergraduate university education in 2011 and decided to venture into business because in my country Kenya the level of unemployment is very low and therefore getting a job is something that is very difficult. I come from an extended family and we are 7 in our family: 4 brothers and 3 sisters. Am the eldest and for this reason I have to struggle to assist them financially in one way or another. My parents are not all that able and therefore they cannot raise all the fees required to pay for my other siblings and this made me to look for a business that can earn me something so that I can support them in one way or the other. I am happy about Zidisha because they helped me improve my business when they first gave me a loan and therefore let me hope you will continue offering me support. Thanks Zidisha and thank you lenders

My Business

I first started my business in 2010 and this was after finishing my university undergraduate degree and the reason why I did so was because I looked for an employment opportunity but was not able to find it anywhere and this is what motivated me to enter into the business of selling clothes. I first looked for a starting capital from some of my colleagues and it assisted me to venture into business. The loan I got from Zidisha assisted me to improve my business and now I own a very big boutique at kahawa wendani that sells all types of clothes. I sell all kinds of clothes especially the male and ladies clothes because they are on demand due to the high population around the area. Am sure that I will increase my business with coming loan. Some of the clothes I sell are:
Men’s trousers @$7
Women’s trousers@ $ 8
Men’s jackets @$5
Men’s shoes @$12
Ladies shoes @$10
Shirts @$4
THANKS LENDERS FOR YOUR SUPPORT

Loan Proposal

If I get this loan I will be very happy because I will be able to expand my business and do other things that will help me make more profits. I like zidisha because its helping people to grow their businesses and to do better things in life

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

May 25, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$0.22

Amount remaining

$0.00

Date repaid

Jun 2, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 4, 2018 $0.22 Jun 2, 2018 $0.22

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