Name
Veronica
Member since
August 2016
On-time repayments
135 installments • 79%
I am Farida Hadi but born Veronica Wangari. I was born in a christian family and later married a Muslim man where I converted to Islam. My husband later died and left me behind with four children. Two of these children are now grown ups and two are still in school.
I support my family by running a shoe shop which is just next to my house. I sell new and used shoes to the members of my community. I like my job because it gives me my daily bread and through it, I have been able to educate and feed my children.
As mentioned above, I sell shoes from my outlet as a retailer. I get my stock from bit stores in town and then retail them at a small profit. In a good day, I can sell ten pairs of shoes where my profit can be as high as USD 20. However, this fluctuates depending on the date and season and it can go as low as USD 2 in a day.
I hope to keep increasing my stock until I transform my shop into a big store where I will be able to serve more people. This is the main reason that I have joined Zidisha.
This loan marks my entry into Zidisha micro finance. With this amount, I will be able to buy about 5 pairs of used shoes and sell them at a profit of about 25%. I will use the income to repay the loan and also grow my business.
I am optimistic that I will benefit from more and bigger loans once I clear this one. Thank you very much.
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Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Aug 18, 2016
Repayment status
On Time
Projected term
8 weeks
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