Bett's farming/money transfer services

Stanley Bett

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Stanley Bett

Member since

March 2020

On-time repayments

20 installments  •  60%

About Me

my name is Stanley kipkoech bett am married with two children born and raised in Bomet county and lives in longisa adjacent to Bomet na narok highway near longisa hospital.., my education level is high school coz I was unable to further my studies due to financial constraints and started doing casual labour till I got some little money which help me to start growing tomatoes and cabbages (agribusiness )and later I venturred into money transfer business as my side hustle because in agribusiness you get too much time to relax as then I thought mpesa could help me utilize this time while am waiting for either tomatoes, cabbages to mature and and ready for market of which I've seen great improvement in profit since I started it because I've hired one person to assist me when am committed elsewhere for I'm earning 300dollars or more in a month apart from agribusiness and am seeing zidisha as a beneficiary in terms of emergencies and looking forward to be part of in my daily work coz their in my work so if zidisha fund my businesses when I'm in need difinitely in the next two years I'll be far because their loan are flexible in terms of repayment.

My Business

I do farming (agribusiness) mainly growing potatoes, tomatoes and vegetables I thought of this idea when I saw huge demand for fresh vegetables in the nearest town because of more hotels and restaurants mushrooming same applies to schools in the neighborhood so my market for my products is town and school which has promoted my financial upto this where my two children can go to school without fees arrears and feed well ... finally I do mobile money transfer (mpesa) and banking agent services in bomet town with the surplus from farm products and profit ...the main reason why I risked to take both agribusiness and mobile money transfer was to ensure I remain vibrant in this field of business which is more competitive and requires more resilience which I've seen great improvement in financial growth so with zidisha flexible loans repayment I will manage to work even more harder.

Loan Proposal

Dear my able lenders am requesting another to add to my work capital in order to meet daily customers demand to withdraw,send and deposit then if I meet demands definitely I will get positive payment in the end of the month from the service provider.

Income Source

When this coronavirus pandemic hit kenya for the first time in early most of the business were negatively affect which others to shut but all the managed to pass by it coz I got engaged in farming ..so for now corona is manageable and business is running therefore I will pay my loan with no hesitation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$76.62

Date disbursed

Nov 4, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $6.93

Credit risk payment: $5.55

Optional expediting fee: $6.93

Lenders

GF

Gammon Family

United States

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