Buying more chairs

Milka Cherotich

Bomet County, Kenyagoro, Kenya

100% repaid

Entrepreneur

Name

Milka Cherotich

Member since

February 2015

On-time repayments

45 installments  •  44%

About Me

My name Milka Cherotich I come from a small village called Kapcheprotwa in Bomet County. I am a first born in a family of 10 including my parents,am also a single mom of a daughter.My childhood growing in this village was very interesting until when I finished schools when the real challenges of life began I finished my form four,then finished my college education where I pursued Business administration & management there the job search began but there were no jobs so I decided to start my own business.

My Business

I started my hotel business in another neighborhood county of Kericho ,the business was booming since I sold cheap available foods for middle class customers,my income I used to pay my rent both for the hotel and the house we lived in with my daughter,pay school fees for my daughter and meet other business expenses and managed to save a little but this didn't go on for long when the site I operated my business became no business zone several stalls were destroyed there by the county government, I took a break for a while in business until I recently ventured in poultry farming which I am currently working on it.

Loan Proposal

Am grateful zidisha and leaders because this going to be an opportunity to add more siting capacity to my restaurant. Al spend this money in buy six chairs one @ ksh 650 total ksh 3900 and two tables one @ ksh 1650 total ksh 4250

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.52

Date disbursed

Aug 7, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $4.14

Milka opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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