Name
Benjamin
Member since
September 2016
On-time repayments
28 installments • 64%
My name is Benjamin. I am presently living in Nairobi, Kenya. I am a trained accountant but have been working as an instructor at Bridge International Academies for 4 years now. I am married. 2 years ago, with a single laptop and printer, I ventured to start a printing service in my community, Maziwa estate. It was realistic in that the variable costs were on the lower side i.e rent was only 25 dollars a month, a figure I could easily raise since I had a job. The business crumbled mainly because other services required were unavailable and I did not have capital to inject into the project, I wish I had known Zidisha by then!
Early this year, I started a shop which is run by my wife. Customers are abundant as their demands and my core reason in applying for this loan is to satisfy them.
My business is a shop, simple retail shop. I mostly sell consumables oils soap and household goods. On a good day, I make sales upto 30 dollars. I am employed and so my wife attends the shop while I am at work. I chose a shop to curb demand in the community, I am an entrepreneur and finding distaste in services offered by shops around this area, I decided a shop that stands out in service delivery will not fail. I was not disappointed. My typical costs are quite minimal: Rent for both shop and residence 50 dollars, food 60 dollars electricity 2 dollars no school fees yet; my kids are still young.
Thank you lenders for the support you have accorded to me so far. I can proudly say that I have made steps in my entrepreneurial ventures ever since I began to work wit you guys.
With this new loan, I endeavor to put chicken in the kitchen pen that I was able to build thanks to a previous loan from Zidisha. The cost of chicken fluctuates between 3 to 4 dollars. I am planning to acquire at least 3 of them, one cock and two hens.
These I will keep in the pen. After sometime, I look forward to them breeding and producing eggs. Five eggs go for a dollar here and during the egg laying season, a chicken will at least lay one egg a day, and with two chicken, that adds up to two dollars every five days. I will also consider having them hatch chicks and this will increase the number of chicken by the time peak season, i.e December, is here, of which a single mature hen goes for 5 to 7 dollars.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Feb 22, 2017
Repayment status
On Time
Projected term
2 months
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