To buy stock for my cereal shop

Suzan

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Suzan

Member since

December 2016

On-time repayments

23 installments  •  70%

About Me

Hello lenders, I am grateful for your consistent support to my business . I shifted to the daycare business having
studied the market of this business around where I stay, having given up on job searching five years down the line after graduating from university. My passion for the wellbeing and love of children drove me towards this business. I have been able to earn a living, thanks to zidisha

My Business

The fear of hiring house helps has made parents to opt for daycares , for the safety of their kids. I take care of children in the age bracket of 1-3 and older, especially during holidays. I receive kids at my daycare from as early as 6am and take care of them until 6pm beyond which I charge extension fees. During normal hours (6am-6pm) I charge ksh100 per baby. The extension charges are ksh 20 per hour. So far I receive on average 10 kids per day.

Loan Proposal

I will use the entire amount to buy more cereals from the farms at a wholesale price which will cost me almost half the amount i will be selling on retail in my shop which is located in the urban center.I will then use the profit I will be getting from this businesses to repay my loan.

Feedback

2

None

None

  • Mary    Nov 18, 2017

    Suzan has been improving her repayment rate. I would recommend loaning to her future loans.

    Log in to reply • Share
  • Helen Horseman    May 11, 2017

    Thank you Suzan. 100% repayments on time.

    Good luck with your future business dealings.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Aug 2, 2017

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

A

Andrei

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$108.66

Amount remaining

$0.00

Date repaid

Nov 27, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 1, 2017 $21.73 Nov 3, 2017 $21.73
Nov 1, 2017 $21.73 Nov 5, 2017 $21.73
Dec 1, 2017 $21.73 Nov 5, 2017 $21.73
Jan 1, 2018 $21.73 Nov 5, 2017 $15.80
Nov 19, 2017 $5.93
Feb 1, 2018 $21.73 Nov 19, 2017 $21.73

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