247 installments • 72%
About Me (2nd edition)
Who is Margaret Julliet Wambui (MJ)?
I am a single mother of two, who I dearly treasure – Andie (Senior Jewel - SJ) and Alain (Junior Jewel – JJ).
The two jewels give me the gist of fighting a winning battle in this life. Both of them aspire to be pilots and am out to support their dreams. As I fight the good fight of faith, my desire is to leave a worthwhile legacy for them and, I will not, for one repulse, give up the purpose that I resolved to effect. Yes, no chance, no destiny, no fate, will hinder my firm resolve as I am determined to reach beyond the eagle heights for their sake.
My career history
I was in the logistics industry for over 15 years, gaining a rich experience in management. I intend to apply the gained experience and knowledge in my new ventures.
I enjoy tendering my poultry made up of indigenous chicken. My dream of having my project being a household name still holds. There is no relenting, no matter what. I have not achieved my target but I will keep forging on until I reach my mark. The main challenge has been the lack of brooding within the flock. That is why I intend to get a kerosene incubator. This will facilitate constant hatching of chicks even when the hens do not brood.
With a healthy flock of KARI improved, there will be no struggle penetrating the market. I already have a ready market but I would like to venture further.
My poultry basket currently carries 15 hens, 2 cockerels, and 50 chicks.
The shop has a stock of around 25,000/= face value and fixed assets worth 25,000/=. These include the shop fixtures, the weighing tools, display box, and others
A plot that is pending development measures 50x50m
Average shop monthly sales - Kes50000/=
Average shop monthly expenses – Kes4000/= (Inclusive of the shop rent)
Average Household monthly expenses – Kes 6,000/=
Average monthly Poultry feed – Kes2000/=
(New) Online business Monthly income - 15,000/=
Farm produce (pumpkins) – 7,000/= (This year I planted butternuts which I believe will market better than the pumpkins)
The Zidisha organization is well known to my family, and we are glad to be part of the family. We appreciate all the support and we have no words to say thanks to and the rest of the Zidisha team. Not to say the least, ALL the lenders who in the past have responded positively and timely at the time of the call. To all of you, let it be known that your support has had a great impact on our family.
I really appreciate the support received from the Zidisha Family in the past. So far the loans I have received have seen me grow from one level to another. My life has changed so much and I have been able to vend for my jewels even much better.
With the support from Zidisha I was able to take SJ to boarding school, enabling him to concentrate with his studies. He attained 404 / 500 marks, which was quite remarkable.
My bouncing back to the Zidisha family is with the confidence that I will get your support in my endeavors to achieve my dreams. Below is a breakdown of the budget I have at hand:
1. Additional stock for the shop – 100.-
2. Purchase of maize for trading – 70.-
3. 2019 license for the shop – 90.-
4. Part school fees for Senior Jewel – 120.-
5. Reserve fund in case of a new trading opportunity that may come up – 50.-
Projected profit margin
With the increased stock for the shop, I hope to meet my daily sale target of 3000/= which translates to an approximate monthly sale of 90,000/=
The combined profits gained from the shop business, the poultry farming, and other trading lines will enable me to make a milestone in achieving my dreams for 2019 and making my weekly repayment installments.
I say welcome to all lenders to join in my endeavors, thanking you in advance as I look forward to your priceless support.
Jan 9, 2019
Cost to entrepreneur
Service fee: $17.85
Credit risk payment: $71.42