Esther Njeri

Rongai, Kenya

3% repaid

Entrepreneur

Name

Esther Njeri

Location

Rongai, Kenya

On-time repayments

69 monthly installments  •  4%

About Me

I was born in 1984 in Kandutura village Rongai district in Nakuru county. I was educated in the same locality at Kandutura primary school. I joined Mama Ngina secondary school for form four level up to 2000. in 2001 I was employed in an electrinics shop.up to 2008 when I manage to open my own business. I have been blessed with 2 children a boy and a girl. I do live in Rongai town near mbuguas street opposite Rongai market.

My Business

I started my own business in 2008 of electronics of which I have enough experience for I have done it for a long time. My business is in Rongai town opposite Rongai post office ave. What I get from my business enables me pay house rents and family expenses.

Loan Proposal

buying stock eg. cables, bulbs, meter, meter box, switches, pipes mini-trunking and the rest of the money will assist in renovating the house. whatever I will bu with this amount will enables me serve my customers well for they will get everything they want..Now I will be ready to face other who do the same business who challenges me. Because of Zidisha, i will my goal.

Feedback

1

2

None

  • michellev    May 13, 2014

    Loan written off, but borrower faced difficult circumstances.

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  • Hope2012    Mar 30, 2014

    This lady is a single parent struggling to run a business has had to divert her energies and finances into caring for her sick sister and her sisters two children, which is frankly heroic.
    I'm not about to chase her for ten dollars and wish her all the best. She managed a repayment before admitting she was in over her head.
    The loan probably shouldn't have been given to someone in such a precarious position and I think since Zidisha have tightened their lending rules it probably won't again. But I'm kind of glad it did. Worth remembering she was honest and stayed in touch, which is not the case with some borrowers.

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  • ploeger    Aug 9, 2012

    Paid back in full and ahead of schedule. Highly recommended.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,196.67

Date disbursed

Aug 17, 2012

Repayment status

Late

Projected term

67 months

Cost to entrepreneur

Lender interest: $1,196.67 at 2.17% annual rate over 67 months = $147.15

Service fee: $339.06

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