Boost m food kiosk

Jacquiline

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Jacquiline

Member since

February 2015

On-time repayments

103 installments  •  16%

About Me

My name is Jacquiline Omuoma . I am a single lady aged 36 years old. I was born in Nairobi but brought up in Eldoret .
I went to school up to form four and then did a course in catering. I tried my hand in different jobs here in Eldoret. I was first employed by a lady in a canteen and I later worked for someone in an mpesa shop.
The main challenge was that these people were not paying me my due and that is why I decided to venture into my own business.

My Business

I started my business in 2008. I am running my own small kiosk where I deal with foodstuff. I buy different food stuffs and sell to customers. My kiosk is at Kenya Pipeline in Eldoret. Here I serve mainly truck drivers and their conductors.
This business has helped me as I pay my rent and do all that I can from the proceeds. If granted the loan, I will be able to increase my stock. My stock increased to about kshs. 10,000 and the profit increased to kshs. 6,000. from what it used to be of Kshs. 4,000. The whole amount will be used to stock my kiosk with sodas, mineral water, and other food stuff.

I sell ready food to my customers. I sell sodas. snacks tea and other eatables that my customers as they wait to load their trucks. I serve people who come from all parts of East Africa and if I can increase my stock then it will not only benefit my customers but will also boost my income

From my proceeds, I am able to pay my rent and feed myself and also assist my parents who are now also aging.

If I am funded, I will pay my tithe of 10% ,re-invest at least 50%, Use 10% to pay my rent and use the other 30 to service the loan and also assist my parents.

I am happy to know that Zidisha is their to assist people like me who cannot meet the conditions for banks to give loans.

Thanks for funding me in advance. I will make sure that I service my loan in good time, as I also assist others to join and enjoy the benefits of being Zidisha members.

Loan Proposal

If I get the loan , I will increase my stock. This will increase my interest at least to Kshs. 5,000. From this I will be able to pay your my expenses and also service the loan. Thanks in advance for considering my loan application.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 19, 2015

Repayment status

On Time

Projected term

5 months

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  • Jacquiline    Jan 9, 2016

    Greetings.

    i am sorry that I have not been able to service my loan.

    The business went down and have been struggling that is why I have decided to reduce it to the above weekly amount.

    Thanks a lot for your cooperation

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  • Jacquiline    Sep 17, 2015

    Dear lenders,

    My business has really gone down and getting the amount every week has become a challenge.

    I will adjust when the business improves.

    Thanks in advance

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  • Jacquiline    Jul 20, 2015

    dear lenders,
    I am happy to have connected with you. I got the money that i had applied for and this enabled me to increase my stock in the small kiosk where i work.

    This has improved my profit and that is why I am able to pay my loan and also do other things to help myself.

    May the good Lord bless you.

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  • Jacquiline    Jun 25, 2015

    I am grateful to you lenders for funding my loan.

    This will boost my business and I promise to pay in good time.

    Thank you so much for standing with people like me who could not access loans from commercial banks.

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    • Matt B    Jun 25, 2015

      Good luck! Please keep us updated on your progress.
      Matt :)

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  • Jacquiline    Jun 13, 2015

    Dear Zidisha Team,

    Thanks for having funded my first which I repaid in full early so that I can increase my further.
    I had paid over50% of my loan when I cleared the balance yet I have not received any loan increment with the reason that I had paid over 50%.

    Would you kindly check, and readjust my load credit limit so that I can go to the next level. I will be grateful in deed.

    Thanks in advance for your consideration and support

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  • Jacquiline    Jun 6, 2015

    Dear lenders,
    I am very happy with the loan you gave me. I have been able to increase my stock and this has also increased my profit.
    The only problem is that my business is seasonal and that it goes u especially towards the end of the year. I thank God that you were able to lend me this money.

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  • Geoffrey    May 30, 2015

    Dear Lenders
    I have talked to Jacquiline Omuoma in regard to the already due installment that she has not yet paid.she says of late the business has been low but fortunately she told me that yesterday she managed to pay part of that outstanding only that it has not been updated in the system

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