Zidisha |

Simon

Ongata Rongai, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Simon

Member since

December 2011

On-time repayments

150 installments • 11%

About Me

I am married and i have lived in Ongata rongai for ten years , i have been doing small business in Kwale area of ongata rongai I started a business after not finding a job i borrowed a small capital from my family in 2002 where i sell electrical s and hardware accessories.with the earnings i make from the business i feed my family and educate my sibling and support my parents.

My Business

I sell basic electrical goods like bulbs ,wire, sockets,extension cables etc and hardware tools like hammer handsaws pliers measuring tapes and other small items. this is a profitable business as the goods are locally sourced and are daily consumables in the homes and construction sites. i operate in densely populated area where there is big flow of customers. In a month i buy goods worth kshs25000 and the monthly sales kshs 60000 getting a profit of about 25000- 30000 after deducting the expenses.

Loan Proposal

Lenders, this is my second loan from zidisha.after repaying my first loan which helped my small business very much .thank you all of you for believing in me.I am now asking for a bigger loan which will help me expand my business.this as by my plans i want to move my business to a new place where it more secire so that i can increase my stock
Yours sincery
Simon kimani.