Purchasing more gas cylinders to establish my business
Collins
Busia, Kenya
100% repaid
Entrepreneur
Name
Collins
Member since
December 2017
On-time repayments
106 installments • 55%
About Me
My name is Collins Ochieng. Ochieng is a male name that originates from the shores of Lake Victoria. I was born in western region of Kenya in Busia county. Iwas raised by single mother who only sell dagaa(omena) to make end meet.
I am the first born in the family of five.In our village(Nyambula)learning wasn't a common practice. Despite that my hard working mother was very keen to make us attend our school. I excelled well in the national examination despite the challenges that were soo many in the village.
After one year I was selected to join high school.Life was very difficult here since the school fees and upkeep money was high for my unemployed mother.After all these i realized that when icome up with idea of poultry farming i will make it.On my very fast holiday I bought two hens with one cork.I left them for my mother who was to ensure they are well taken care of.
I raised my schoolfees through selling of the chicken together with the profit that mum had saved.
I am someone of positive mind and able to execute hard task with minimum supervision. I was requested to join football school team after doing well in interclasses competition.
I helped my team achieve many trophies and was name the western giants.I finally done my exam and attained grade A minus that enabled me to join Meru university .Iam currently studying bachelor of economics .It is my third year .I benefit from Zidisha organization and I believe because of my excellent payment record my lenders would be willing to lend me again.Thank you.
My Business
My entrepreneurial skills has helped me a lot.Besides having poultry at home I also sell mitumba shoes and clothes to students in school.My revenue doesn't go below KES 400 in a day.I fetch the mitumba shoes at Gikomba market in Nairobi at KES 150 per pair and sell it at KES 550. Making a profit of KES 400 only in one pair. I attributes every success in my efforts. Currently a friend of mine introduced me to freelancing business that I want to practice it. I therefore need to buy alaptop that will cost me KES 35000 .I have saved upto 20000KES and i appeal to my family Zidisha to lend me the remaining amount so that my dream can come true.I am progressing well with Zidisha Currently i own 10 gas cylinders which is estimated to be USD 300 i have also rise to become a volunteer mentor with 100% payment record Longlive zidisha
Loan Proposal
I am gratitude to all my lenders for the good job . I am a business minded individual and working with Zidisha has help me to achieve most of my dreams. Last year i opened my clothes and shoes shop . I have decided to borrow these loan so that i establish my ideas of selling gas cooker and their grills. I will start by purchasing 5 cylinders that will cost me atotall of KES 15000. After refilling them each one will be sold at an average of KES 4000 each.These will generate me a revenue of KES 5000 for only first round. The money i will generate in profit will help in paying for my young siblings Education. I therefore kindly ask for assistance for my borrowers again .Thank you all
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Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Jul 3, 2018
Repayment status
On Time
Projected term
8 months
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