Name
Saum
Member since
June 2014
On-time repayments
84 installments • 52%
I am Saum Wambui Maina, 31 yrs old and a single mother of two baby girls, aged 3 yrs and 1 yr respectively. I live in Zimmerman, 11 Kilometers away from the Nairobi city center. I have a diploma in Front Office Administration. Currently doing both network marketing and business in large scale, I used part of the first loan I got from Zidisha to secure a small store in Zimmerman where I store my goods awaiting supply. I have been traveling to upcountry in search for fresh green peas and seasonal fruits. During one of my trips to Machakos I fortunately met a group of youth who are into small scale farming. Due to my passion for farming, I did my research of the area and after talking to an agronomist I was advised that they are several cash crops that are doing well in this area. i.e Capsicums, Watermelons, Onions and Tomatoes.
My Fresh Green Peas supply business has grown and I now have weekly orders from fast food restaurants in Zimmerman, I also ventured into seasonal fruits especially oranges from Machakos, hence I travel to upcountry at least twice in a week in order to meet the demand. With the profit I have been making in my business I managed to lease 1 &1/2 acres piece of land at $136.36 per year in Machakos at a place called Wamunyu along River Athi , I have cultivated the land and I got a shamba boy who is taking care of the farm. I also do Network Marketing as a part timer with Social Biz Connect (Network Marketing Company) based in Nairobi. Below is the link with more details; www.socialbizconnect.com/invite/goeuro.
Having lost my Parents at a tender age, I found it important to join a sustainability team ‘The Green Team’ and we make a point to visiting the less fortunate in different children’s home at every first Saturday of the month.
When i get this loan, My plan is to expand my business and possibly open a store in Zimmerman, so that i can sell in bulk and meet the demand. I'll also be able to go to the farmers directly and purchase at a competitive price. Currently a bug of fresh green pease is going for USD36 selling price. If i can afford to go to the farmers directly, i will procure the same at USD24 per bag. Since i have a ready market, i'm able to sell at least 4 bags in a weeks time, hence in a months time i'll have made a profit of USD192. This will help me sustain my family and take my 3 yrs old daughter to school by the beginning of next term.
As my business grows;(a) My short term plan is to approach institutions like, schools, Hospitals and Hotels, get a supplying tender that will boost me to (b) My long term plan, to lease a peace of land and do small scale farming. Thanks to Zidisha.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 1, 2014
Repayment status
On Time
Projected term
7 weeks
Other loans
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Amount repaid
$152.07
Amount remaining
$0.00
Date repaid
Aug 20, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 8, 2014 | $21.72 | Jul 8, 2014 | $21.72 |
Jul 15, 2014 | $21.72 | Jul 15, 2014 | $21.72 |
Jul 22, 2014 | $21.72 | Jul 24, 2014 | $21.72 |
Jul 29, 2014 | $21.72 | Aug 2, 2014 | $21.72 |
Aug 5, 2014 | $21.72 | Aug 8, 2014 | $21.72 |
Aug 12, 2014 | $21.72 | Aug 19, 2014 | $21.72 |
Aug 19, 2014 | $21.72 | Aug 19, 2014 | $21.72 |
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