Cereals supplies

Lydia Wanja

Embu, Kenya

100% repaid

Entrepreneur

Name

Lydia Wanja

Member since

September 2016

On-time repayments

192 installments  •  53%

About Me

My name is Lydia Wanja. I am a business lady. I am vibrant, hardworking, diligent, trustworthy and very ambitious. I believe in the saying; The sky is the limit.

The schools in the area are good business partners. I visit them often to collect orders and supply. The main meal for most schools is Githeri (maize and beans). Consumption for these two products is very high.

I believe that with the help of lenders from Zidisha I will achieve my dreams. Right now, the demand is high for cereals.

My Business

I deal with cereals; buying from farmers and selling to institutions. Very good profits are realized when supplies are in high quantities. Therefore the need to seek funding to expand my business.

The last crop season was not very good. The rains failed and very little harvest was realized. The little that is available is a little bit expensive. That is the more reason why I need more money to buy before the prices go up higher than they are.

Waiting for long will not be helpful since the supply might go down. The demand will be high. This is the best time to buy stock in large quantities and keep. I will release them to the institutions slowly by slowly. Other times I will visit the market on specified days to sell what is in demand.

Loan Proposal

I will buy more cereals for my business and supply more products to schools and other institutions. The loan will be ideal as it will help me expand my business. This in turn will be very profitable to my business. Cereals business is a good idea and and the demand for the same is very high. The schools and hospitals require cereals. Therefore it is important to supply as soon as demand rises, the supplier should be able to provide whatever is required.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$383.49

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

19 months

Cost to entrepreneur

Service fee: $16.14

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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