Entrepreneur
Name
Simon
Member since
November 2011
On-time repayments
97 installments • 20%
About Me
I am 32yrs old, married with 2 kids, one in pre unit school. I am a graduate teacher in a public school called Muriricua Secondary School in kiptangwanyi trading centre. I teach Mathematics and Business studies. I reside in Kiptangwanyi shopping centre which is about 42 km from Nakuru town. I am a tenant in plot number 102 house number 1.
My Business
My business entails the sale of hardware materials. I sell cement, paints, roofings, iron sheets, wheelbarrows and other building and construction materials. There is very high demand of these commodities since Nakuru is a fast growing town and the demand for housing is very high. This has increased the demand for building and construction materials. I purchase my goods from Nairobi at a relatively lower price hence my customers prefer my goods as I sell to them at a relatively lower prices. The main challenges that my business encounter are insufficient capital, high transport costs and fluctuating prices of commodities. Currently I am using my income and earnings to expand my business.
Loan Proposal
I wish to pass my gratitude to the lenders and Zidisha team for making our dreams come true through their support of small scale businesses. I have done a lot through the loans that I have received from the organization. With this loan, I wish to open another outlet of my business for supplying building and construction materials. I am very grateful for the role you are playing in our lives. God bless Zidisha.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,285.00
Date disbursed
Sep 25, 2013
Repayment status
Late
Projected term
77 months
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