Buying a pickup for cereals transport from farmers

Serah Njambi

Kiptangwanyi, Kenya

Funds disbursed

$0 to go

100% funded of $1,418 goal

0

days left

Entrepreneur

Name

Serah Njambi

Member since

May 2012

On-time repayments

69 installments  •  25%

About Me

I am single with 8 children four of them who are schooling. I live in Kiptangwanyi shopping center about 43km from Nakuru town. I live in my own plot which is plot number 21. I operate cereals shop at the shopping center. I buy cereals mostly maize and beans in wholesale which I later resell to neighbouring major towns also in wholesale with a good profit.I am well known in this area and sometimes I do travel a lot to take my cereals to other towns. This is a business that I do operate with all my heart as I have been able to educate all of my children from the revenues that I get from the business

My Business

I operate cereals shop at the shopping center. I buy these cereals in wholesale and distribute them to major towns in large quantites especially in Nairobi where I have many customers. The main challenges that this business encounter are lack of enough capital, poor roads especially during the rainy season and drought. I hope that the loan I am going to get from Zidisha organization will be of very great benefit in improving my business. This will be of very great help towards the appearance of my business. I already have plans that I know will change my business to the best in terms of service and offering quality products.

Loan Proposal

Dear Lenders,
I wish to thank you all lenders for your continued support in my business. I have been able to improve my business using the loans that I have been getting from Zidisha microfinance. I wish to use this loan that I will get from the organization to purchase a second hand pick up that I will be using transport cereals from farmers. I usually use hired vehicles to transport the produce from farmers which is quite expensive. I thus wish to reduce this cost and take advantage to transport large quantities of cereals. I will also provide transport means to other cereal buyers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,422.93

Date disbursed

Aug 13, 2014

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Lender interest: $1,422.93 at 9.65% annual rate over 11 months = $129.39

Service fee: $47.88

Lenders

J

jeffb

United States

J

jobo

Darmstadt, Germany

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

S

sendai

Saint Paul, United States

G

garrybuck

Oro Valley, United States

J

JBosshardt

Redmond, United States

J

jonase

Boise, United States

ErikN

Stockholm, Sweden

F

Fiodal

Helsinki, Finland

J

javakonsole

Berlin, Germany

dsmart978

Bondurant, United States

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

C

cjmenchaca

Austin, United States

H

Halli

Bottrop, Germany

S

sglobal

Philadelphia, United States

J

jjonas

berlin, Germany

J

Jazzie

Oklahoma City, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

DennyC

Rostock, Germany

R

rpmccarthy

Sydney, Australia

T

the0bauman

Hillsboro, United States

lorello

Vicopisano, Italy

A

Austin

Long Beach, United States

Taata

Multia, Finland

K

keane2097

Ranelagh, Ireland

M

mmcclu111

San Francisco, United States

L

LeegleechN

Sunnyvale, CA, United States

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

P

Patrick5678

Beijing, China

McDermotts

South Moreton, United Kingdom

Bhayl

Stavanger, Norway

C

caseygoff

George Town, Cayman Islands

S

shimrod

Zagreb, Croatia

J

jjoshua2

Hanover, United States

Vintagebeeinc

Youngsville NC, United States

basicus

Cairo, Egypt

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

Bobrm2k3

Charleston, United States

N

nba1999

Beijing, China

C

caz32

chertsey, United Kingdom

JPadgett

Chandler, United States

GarmdGriek

Oslo, Norway

greensheep

Jakarta, Indonesia

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

ShaneHeneghan

Galway, Ireland, Belgium

markpearson

Portsmouth, United Kingdom

J

jinx83

Brisbane, Australia

B

boingrid

Norrköping, Sweden

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

E

ecarlsonbast

San Francisco, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

M

microlender

United States

M

mb210047

Miamisburg, OH, United States

cc5alive

Los Angeles, United States

R

Rootdet

Fairfax, United States

bcortazar

Peckville, United States

D

dagjomar

Trondheim, Norway

L

leumasmc

United States

R

rbaxter

United Kingdom

P

PDNS1401

United States

P

Panda6689

United States

A

AlphaAres

Azerbaijan

Vesa

Helsinki, Finland

D

DStateDDB

United States

Loungin

United States

Mikers

Netherlands

Bryan

Houston, United States

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