Freezer for storing & selling chicken meat

Roselyne

Kiandutu, Kenya

100% repaid

Entrepreneur

Name

Roselyne

Member since

February 2015

On-time repayments

50 installments  •  64%

About Me

I studied in mt kenya university, diploma in business administration from 2009 uto 2011.
I got married and dint have an opportunity to proceed with education. After years i started a business in mobile phones accessories and other small electronics.
I have continued to do the same though not so much profit due to low capital.
I later closed the electronic shop and opened a ladies and gents clothing business.
i have been running the same for a period of 16 months now. i have switched between new and used cloths depending on the time of the year.

My Business

After Corona was announced in my country early this year (March 2020) the business i was doing went down, Laundry shop. there was barely any income and was on rental premises. i had to close shop and looked for some other ideas to do. I found some friends whom we partnered in selling raw chickens. we have been doing this for the last 3 months, we have recorded incomes of Ksh 10,000/- ($100) per week and divide that into the 4 of us.
I wish now to leave the partnership and go alone.
i wish to rent some shop for my business and buy a 260ltr freezer.
i project to be getting at least ksh 3,000/- ($30) per week.

Loan Proposal

I will purchase a 260 Litre cooling freezer which will cost ($380) Ksh 38000/-. I have already borrowed from my sister Ksh 18000/- and planning to borrow Ksh 20037/- from zidisha so that I can buy this item.
This freezer will help me be able to keep more chicken and have more to sell therefore reducing the cost of running business.

Income Source

During this time of corona pandemic it is evident that food is a basic need. food is selling more than any other basic item. therefore having this freezer to help me store more chicken and store the remainder as fresh as possible will enable me get enough to run the business and be able to pay Zidisha the loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

Aug 24, 2020

Repayment status

On Time

Projected term

6 months

Lenders

Sayuri

United Kingdom

LC

Linda Cladis

United States

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