132 installments • 88%
I grew up in a small village in burnt forest and went through, primary, secondary and university, i started working with ministry of health in 2005, but since then i have not been able to make any savings to prepare me for any retirement. so i decided to start a business which i look forward that it will grow and be my support after i retire and become a legacy to my children.
I have been able to borrow zidisha loans twice and been able to repay on time. zidisha had taught me to be patient and start small am very greatful to the lenders.
i deal with motor cycle spare part in uasin gishu county Eldoret , in a outskirt of eldoret a place called Rody, i sell things like tyres, schock, bulbs, etc. all the parts of the motorcycle. this goods are very much in demand because there are many motorbikes in eldoret area, my running capital at the moment is 200,000/= ($2000) i wish to grow it to be awhole sale in the sorrounding. currently i reinvent all the provit to the business as i would wish that it grows. i buy the stock from nairobi yog company and uganda. i want to be the major supplier in the region.
my last loan i used to increase my stock and my shop is looking improved am very proud of my progress am looking forward for a bigger loan.
I will use the loan to improve my house by complete the servant quaters i have been bulding by putting tiles in the house, the tiles will cost KSH 73,000(730$) for the two rooms labour will cost KSH 20,000(200%) This will allow me to have Tenants for income, the two houses when complete can give me an income of KSH 10,000(100$) per month.
Nov 22, 2018
Cost to entrepreneur
Service fee: $40.83
Credit risk payment: $245.02