Sugar, maize flour and cooking fat for shop

Ann

Nyahururu, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

March 2014

On-time repayments

44 installments  •  61%

About Me

I live in Nyahururu town an estate known as Co- Site. I come from a humble background in a family of eight, I am the last born in my family with four brothers and one sister. I am a business woman by occupation. I sat for my Kenya Certificate of Secondary Education in the year 2010 and later in the year 2011 my elder brothers assisted with some money to start a shop business of which I buy and sell basic commodities like maize and wheat flour, sugar, cooking fat, rice, salt and many other items.

My Business

I run my business without depending on any persons help because I am able to manage it from the knowledge i acquired from my business studies. I get income from the business because it is very much profitable. My goods are of the best quality since I buy them from the authorized suppliers and there is high demand for them because I maintain good customer relationship and I sell them at the recommended price by the suppliers. Customers prefer to do their shopping at my shop because I do not lack anything that they need and am always available and thus making it more profitable. The business may face a risk of sudden change of price of commodities, this happens when a sudden increase in price of a product within a particular period of time and this leads to low demand for that particular product. My monthly sale of kshs 50000 allows me to pay for the typical monthly costs of kshs 20000. I like my business because I am well experienced with it.

Loan Proposal

I am going to buy more stock of basic commodities in my shop. I will buy more stock on sugar, maize flour and cooking fat because they are the most moving commodities at my shop. This will maintain good customer flow because they will lack nothing at the shop and thus raising my profit margin. So kindly lend me the money so that I can meet these expectations and emerge a successful business lady. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 28, 2014

Repayment status

On Time

Projected term

16 months

Other loans

Lenders

K

Katehar

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Richard Griebe

La Jolla, United States

trincowski

Vilar, Vila do Conde, Portugal

A

ajayhk

San Jose, United States

M

Mazecat

Australia

L

Loricare

United States

Ask Ann a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Family Mueller    Feb 6, 2015

    Hello Ann,
    how are you. I hope all is running well.
    You are late with your repaiments. What´s the reason?
    Please, keep us informed.

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  • Captain    Jan 22, 2015

    Any updates on this one? Still problems with the business?
    Best regards.

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  • Valentine    Jan 10, 2015

    Dear lenders,

    I spoke to Ann today through her mobile phone and she told me that she has been problem that forced her to relocate her business area and at the moment she is back to business.She said she will reschedule her loan tomorrow.

    thank you

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  • Ann    Dec 14, 2014

    Hallo my dear lenders, am very grateful for your assistance right now am preparing go for a new stock tomorrow since there is going to be a busy week and am taking that advantage of this Christmas festive season, I hope my loan will be fully raised by next week so that I can buy more clothes with the latest designs. Thank you.

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  • Ann    Dec 12, 2014

    Hallo my lenders, I hope you are fine just as I am I would like to wish you Merry Christmas and a Happy New Year 2015. Thank you.

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  • Ann    Dec 11, 2014

    Hallo my dear lenders, I bought some new clothes for sale during this December vacation as we are approaching Christmas holiday. Kindly lend me the loan so that I can add some more. Thank you.

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  • Ann    Nov 21, 2014

    My business is working just fine and both the shop and boutique are at a very favorable season and am very sure by the end of this December vacation as well as Christmas I will be very far much ahead with both businesses. Thank you.

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  • Ann    Nov 20, 2014

    I buy and sell both new and used clothes commonly known as"Mtumba" but during this Christmas holiday new clothes are most preferably.

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  • Ann    Nov 20, 2014

    This is also a photo of some hanged clothes at my new boutique.

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  • Ann    Nov 19, 2014

    Hallo lenders I would like to thank you for all the support you created in my life. I would like to inform you that your previous loan helped me a lot and I purchased some more stock to my shop and as a result I made more profits and I was able to open another type of business some kind of branch to the first one but this is now a small boutique where I purchased some women and baby wears. This small business is growing to be a large business due to availability of market for these goods and very soon am going to rent a larger business shop so that I can enlarge it. This business has played a big role in my family because I have employed my sister and she is mostly at the shop while I operate at the new boutique business. I am going to upload some photos so that you can view some of these progresses. Thank you.

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  • trincowski    Nov 6, 2014

    Hi Ann! You're getting behind schedule on your payments. Can you please let us know what's happening?

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    • Ann    Nov 19, 2014

      Hi Mr. Trincowski, I a liitle bit delayed in my payment because I re-payed my loan using the wrong sim card but later I realized and contacted zidisha and the problem was resolved immediately.
      Thank you.

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      • trincowski    Nov 20, 2014

        Thanks for keeping us informed. I see you completed all the payments now. Congratulations! I wish you all the best.

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        • Ann    Nov 20, 2014

          Thank you very much for your support in this and I wish you all the best in whatever you do.

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