51 installments • 20%
I was brought up in Nyahururu in Laikipia county and my childhood was very simple. Having grown in the up country I was brought up in farming and keeping of animals as part of daily life which we would then use for household use or sell when necessary for income for school fee and medication and others. I am a second born in a family of three and the only girl.
I was brought up in a very humble back ground and paying school fee was a problem thus I was not able to go through college because of that. I decided to leave the village to come to Nairobi to look for some form of employment so that I could be able to pay for my college tuition and I have been able to save up some little and start my college education. I am currently doing a diploma in hospitality part time as I work as I work at my small food store which I opened and I am managing to pay my rent and buy food and also save some little to be able to finish my school.
I started my business because of the need that I saw for it, where I live is a very busy market where there is also a slaughter house and food market which operates from 5am till 6pm and there are a lot of people selling and buying and also the residents surrounding the area. After working for a few months I decided and saving up I decided to be my own boss and also create some employment by opening up a food store/cafe.
What I love about where I live is that its a well mixed society where there are people of all tribes and background and everyone lives well in harmony. One of my hobbies is spending time with family and friends as well as going dancing once in a while to unwind after a weeks rush.
I provide food services for the area I have my business in and this is important because there is a very big population of people who come from all over Nairobi to buy meat at the slaughter house which is one of the main slaughter houses in Nairobi. Having said this there is a huge demand for the services that I offer to these people and also the surrounding community and the people who come to sell at the market and this is why I chose this business because I realized as much as there were other people already doing it the market was not yet satisfied because of the huge demand. Also the availability of the food to cook is also another factor since I don't have to go long distances to look for things to cook.
The costs are mainly for charcoal, buying of the ingredients to be cooked, rent of the premises, electricity and also labor for the workers who help me since I have two who run the place when I am there and when I have gone to class.
The profits that I get from the business I use to pay the rent of the premises and my small house and also to pay the workers and elecricity and also improve on my business. I also save some little in my account and also in my chama where we make contributions weekly. Once in a while I send some little money to my mother back home to assist with the needs back there.
The loan will go to add on to inventory for my food shop so far I have managed to invest $300 accumulatively. The loan when granted will go towards buying a food fryer which costs $170 and I have already saved $70 through my chama.
The fryer will enable me to meet the demand for chips which is a fast selling food in my area of business because of students and people who are always on the go and about their business in the market where I have my business. Also I will be able to employ one more worker who will help with the running of the fryer and also in return I will be able to increase the wages of my other employees due to increase in income. I will also be able to pay my school fee and save some little for future expansion of the business.
I expect my profits to increase by about 16% through this investment and I hope Zidisha community can enable me to achieve this through funding because I cannot be able to meet the full cost alone.
Apr 8, 2015
Cost to entrepreneur
Service fee: $3.75
Njeri opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.