Buying vouchers for customers

Joan

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $38 goal

0

days left

Entrepreneur

Name

Joan

Member since

October 2018

On-time repayments

5 installments  •  80%

About Me

My name is Joan Wanjiku I was born as the second born of Wanjiru family in the rural area of kinangop where I was born and raised.in the year 2010 I came to nairobi to search for greener pastures where I lived with my elder sister. Life was hard and getting a job was proving to be futile...I landed a job at a bakery where i worked for 9hours and paid 80$ a month....i couldnt cope up with that so i quit the job. I got employed as a supermarket attendant wprking for 12hours and it paid 200$.The job was better since i could pay my bills i worked till 2014 where i got a job as a sports betting cashier. Being paid 450$.up to now i still work there.

My Business

I started farming from my savings in 2016 where I started with jus 1/8 of an acre which I planted cabbages and got a return of 400$.I reinvested the cash and added extra 200$ in a 1 acre farm but they were attacked by pest and only got 300$.I nearly lost hope but my family helped me with 600$ and a loan of 200$i planted on 2acres.I was lucky and the return was 1800$ and since then I researched and became large scale today I plant 6acres.The operation cost of farming the cabbages is roughly 2000$ and it can give a return of between 3000$ and 6000$ on low and high market prices respectively

Loan Proposal

We are in the eve of festivities and every business is coming up with a way of promoting their products and rewarding their customers
We have a plan to use gift voucher as a method of product promotion there fore by the use of this method we foresee a 32% increase in revenue

Feedback

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  • Liz    Dec 5, 2018

    Thank you for your timely repayments Joan, best of luck with your farm.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$37.75

Date disbursed

Jan 9, 2019

Repayment status

Late

Projected term

2 weeks

Lenders

KO

Kenneth Oram

Warrington, United Kingdom

Cambium Foundation

Kirkland, United States

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