Cereals for my grocery shop

Samuel

Kiembeni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Samuel

Member since

March 2015

On-time repayments

212 installments • 58%

About Me

I am a last born in our family. Studied up to A level & did a course in business admin. in college. My first few days wasn't so rosy in terms of job seeking. Since I was in school, I longed to have my own business. My first working experience was to do a sales and marketing job which I managed to Save
and start my own business. My achievement is that I managed to have my own food store. What's good here is that I can be able to manage my time and resources for my success.

My Business

My business is a food store. I deal with selling of cereals. This items have a high demand because every person needs food to servive. My typical costs is kshs 15000 to 20000 ($ 147-191)a.month.with an average monthly income of 50000 ($ 477). I use the proceeds in Reinvestment in growing up the business, paying up school fees for my children and meeting other household demands like house rent and water bills.

Loan Proposal

If I get the loan I will dedicate it to buying of cereals like maize ($ 48), beans ($ 60), wheat ($ 58) etc. The loan is going to benefit me so Much because I am expecting to get an increase of More than 25% of sales an addition on top of the current about 55% monthly sales. I will appreciate your continued support.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$180.00

Date disbursed

Jan 5, 2016

Repayment status

On Time

Projected term

8 months

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Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Thomas May 26, 2018

i know business has not been good but with positive mind set everything is gonna work fine.

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Samuel Aug 15, 2017

want to reduce the affordable amount so that i can be able to update every week comfortably.

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Samuel Mar 18, 2017

For the loan that I have received i will restock my shop and enable me to go a step higher in terms of my income which will enable me settle my everyday needs and make life comfortable. Want to take this humble opportunity to thank the zidisha team one more for their continued support. Thanks.

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Samuel Mar 13, 2017

Let me take humble opportunity to connect to the lenders and zidisha fraternity in general. The loan loan I just completed was very helpful to me very much because I was able to meet my objective of service delivery to my customers through the motor bike i acquired. My business has increased up to around 26% which translates to a turnover of 65,000 a month. I was able to meet my family needs. By getting this loan am looking forward to uplift and enhance my stock value to meet the high customers needs. Lastly I applause the zidisha members and lenders for the unity of purpose in this forum. thank you.

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Samuel Oct 19, 2016

Hi zidisha team. I am delighted to inform you that i received the loan applied. the amount received is kshs 36138. The money helped me to by the motorbike that i was longing for, and it has really helped me alot. with the motorbike i am able to expand my business returns through the deliveries of goods and services i am making to my customers on time and they are very happy hence creating confidence in my work.
I take this opportunity to thank the zidisha team and lenders for the continued support.
Thank you.

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Samuel Sep 29, 2016

I will buy a motor bike. it will help me in delivery of goods and services to customers..
I want to take this opportunity to thank the zidisha team.

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Samuel Sep 23, 2016

I first want to take this opportunity to thank the zidisha lending community for their exemplary support which has enabled me to move forward in my business. The I just completed enabled me to settle all my financial obligations with ease as well as enhancing the growth of my business.

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ShaneS Sep 22, 2016

Well done on getting the loan repayed Samuel. I hope your business continues to grow and thankyou for the updates you gave us during the loan.

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Samuel Sep 10, 2016

with the funds I was able to add up to my inventory and has really made good tturnovers. the business increased by 10%. I have managed to clear school fees for my kids. I continue to applaud the zidisha team for the continued support.

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Samuel Mar 28, 2016

Hi all, thanks zidisha for wonderful continued support you're rendering to me. It has been so good that I am able to sustain and enhance my business stock value thanks to your generosity.

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Samuel Jan 5, 2016

Dear lenders, I have received my Ioan 18020 ($172). I am going to buy more stock of maize, beans, wheat, rice and other cereals for my inventory. Thank you lenders for your support .

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Samuel Jan 4, 2016

I take this time to thank the lenders so much and wish you a happy new year.

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Samuel Dec 29, 2015

I want to take this time first to appreciate the zidisha team for this noble venture that has brought hope to me and my business. The loan that l have just completed helped me a great deal when I really needed it to give a boost to my business. And the results have been good. If I get another another one now, I will use it to boost up the stocks once again to enhance my business growth. Thanks in advance.

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Samuel Oct 28, 2015

I take this opportunity to thank the zidisha fraternity for the continued support you' 've offered to people like myself. The loans are easily manageable which has given me a great encouragement that zidisha is now the solution for any entrepreneur who is aspiring for greater heights. I' ll continue to employ my dedication in promoting and supporting expansion of zidisha network. Thank you.

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Samuel Oct 22, 2015

With zidisha I was able to restock food stuff and cereals. Indeed through the improved stocks I am able to realise good sales and been able to meet the financial obligations in my family. With the 40% increase am able to pay school fees for my kids and safe a tangible amount . Keep on zidisha live long zidisha.

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Samuel Sep 9, 2015

Due to family financial restraint as a result of sickness. There is a drop in business returns in that regard.

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John Aug 25, 2015

Hello all.i am the VM for Samuel and i did reach out to him to enquire about the delay in making repayments recently.He has informed me that he had a family issue that drained his finances.He has pledged to resume repayments this month end as the issue that had weighed him down is sorted.Will keep you posted.Thank you for affording Samuel the assistance to grow his business

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Samuel Jun 10, 2015

I have received 18004 KES, and I have managed to stock my shop with cereals and other shop items.
I wanna take this good opportunity to thank the zidisha team for the good work You're doing. Thank you.

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Samuel Jun 7, 2015

Iam intending to buy cereals and shop stock for my shop.
After receiving this loan, it will help me to boost my business inventory so as to enhance my income.
Finally l want to earnestly thank my lenders for considering and honoring my loan application.
Thank you once more.

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Samuel May 25, 2015

I want to take this opportunity to thank zidisha team for the first loan I just completed. The weighing machine equipment I bought has brought great value to my business which has recorded more than 15% more of my previous income. I want to thank zidisha for the help it has extended to growing entrepreneurs like me for the change and hope you have brought to our businesses. Thank you once again.

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Cereals for my grocery shop

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