More maize and beans for school supplies

Ruth

Nakuru, Kenya

97% repaid

Entrepreneur

Name

Ruth

Member since

August 2017

On-time repayments

114 installments  •  13%

About Me

my name is Ruth, I am the first born in a family of eight. i was born in a humbIe family and am a form four leaver and i passed with good grades but was unable to continue my studies due to financial challenges .my parent were not able to pay my school fees. I decided to do business to help my parents in providing for the family and also in educating my siblings

My Business

I do supply cereals like maize and beans to schools, institutions, and milling companies. I take my products from farmers at a lower reduced price that is at $20 per bag of maize and sell them at least at 30%profit and sometimes even more.and $ 12 for a bag of beans and sell at $20 making a profit of $8 through this I have been able to pay school fees for my siblings and help my parents in their daily needs

Loan Proposal

First o would like to say thank you for the previous loan disbursed to me. Since then my business has not remained the same.
This time round am also targeting in increasing my stock since I have a lot of customers but I fail to deliver due to lack of capital. Am planning to buy more bags of maize since this commodity is in great demand. And I know from this extra bags of maize I will get my 30%profit which I will use to pay my siblings fees and re- invest others in the business

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Sep 16, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

PG

Paul Graham

United States

Deirdre

Yorkshire, United Kingdom

Paul Buchheit

Mountain View, United States

B

bea

Australia

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  • Ruth    Nov 26, 2019

    hello zidisha team. I am currently undergoing difficult financial constraints due to hospital bills. but have decided to work on my loan.

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  • John    May 7, 2018

    dear lenders
    Ruth has assured me that she is soon overcoming the financial hiccups she had and very soon she is going settle her debt, i wished her best as i look forward to observe a positive response.

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  • John    Apr 3, 2018

    Sincerely! Dear lenders and Zidisha team, I talked with Ruth and she told me she had some financial constraints that made her not to repay but she assured me she was going to start paying it back at the beginning of the month of April. I will let you know more as I will keep making followups.

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  • Ruth    Jan 25, 2018

    Thank you my lenders. Surely I received 12092 ksh. And I used the money to buy more stock of maize and Beans. Thanks very much.

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  • Ruth    Jan 22, 2018

    thank you so much my lenders. I may not have the best vocabulary to say thank you for your kindness but with the few words I once again thank you very much. now I can see some light in my future because of you

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  • Ruth    Jan 20, 2018

    All I know is that zidisha community has really helped me grow form a state of hopelessness to a point I can see that I can make it in life like all other people.

    Thanks so much. Lots of love to my zidisha family

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  • Ruth    Jan 8, 2018

    Am very much grateful to my zidisha family

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  • Ruth    Jan 8, 2018

    Thank you so much my lenders surely I received your loan and I used the loan to buy more bags of maize for supply which costed me $60 and the rest of the was used as transport cost. I managed to make $4 as my profits. I used some of the profits to pay my siblings school fees and reinvested the rest in business. Thank you very much for your kindness

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  • Ruth    Jan 3, 2018

    hello my lenders, am happy that have made my second last installment. my business is really doing well that's why I can make payments on time. this is courtesy of you my good lenders. thank you a lot

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  • Ruth    Dec 27, 2017

    I have not been paid fully by my customers so am out of cash for a short while.

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  • Ruth    Dec 21, 2017

    I would like to share my achievements with my zidisha lenders. I managed to supply the bags of maize and beans I bought with the funds I received and I was paid $84 and now I made a 30% profit. I used the profit to repay my loan instalment and re invested others to the business. am now doing well since I can afford to put food on the table without problem courtesy of you my lenders. I would like to thank you a million times even as I look forward for your help again. and I promise to remain faithful in paying my instalment. thanks so much.

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  • Ruth    Dec 12, 2017

    Thank you my lenders. I received $65.94 and I used the funds to buy 2 bags of maize for$40 and 1 bag of beans for $20 and the rest I used them as transport. Am projecting a 30% profit which I will use to help my parents in paying my siblings fees and reinvest others. Thanks so much

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  • Ruth    Dec 5, 2017

    Thank you my lenders. Am overwhelmed by your kindness. May you be rewarded 100 fold. I will use this money to buy 2bags of maize at $4 and 1 bag of beans at $2 and the rest will be used to pay for transport. This will greatly boost my income. Once again am grateful

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  • Ruth    Nov 30, 2017

    I thank God for this far. And also my zidisha lenders for giving a hand of help where I could not help myself. Hope you will not tire to help me . Blessings

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  • Ruth    Nov 15, 2017

    thanks Paul Buchheit for your kindness I promise to do my very best to see that I change my life and that of my society from what you have given me. thanks so much

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  • Ruth    Nov 15, 2017

    am grateful to my zidisha family who have given themselves to help me. blessings abundant

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  • Ruth    Nov 10, 2017

    Well, as humbled by how my lenders have been helping me without tiring. Since I started receiving your support my life has changed drastically. Am now able to feed my family without any worry. Am hoping that you will not tire helping me because I promise to work hard to make your labour for me successful and fruitful

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  • Ruth    Nov 9, 2017

    Am so much happy to let my zidisha family that I am doing very well and improving my standards since you gave me a hand of help. I have managed to pay my instalment early and in full. Thanks be to God. May God bless you abundantly for choosing to help a person like me who is not even know anywhere.

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  • Ruth    Nov 9, 2017

    I have been paid by my customers and I think it is good for me to pay early since am able

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