University Fee Financial Support for Young Lady
Caroline Otieno
Siaya, Kenya
100% repaid
Entrepreneur
Name
Caroline Otieno
Member since
October 2015
On-time repayments
179 installments • 28%
About Me
I was born in kadenge and went to Nyalula primary and later joined christian secondary inn siaya where I did my KCSE.
I come from a poor family so did not go to college and so no employment.I started my business by buying charcol and selling and later started the chips business from the charcol profits.In my area women in business are looked down upon but God has seen me through.
My daughter would like to be an engineer and i have faith my business will help her achieve that dream.
I love reading and also love watching football.
My Business
I have a small potatoe chips making business and also sell sodas and fruit juice.I live around Dominion farms where workers need buy these fast foods alot as most of them do not have time to make their own food due to time.
I buy a sack of potatoes at KSH.3500,a crate of soda goes for ksh.860.I also buy fruits worth ksh.1000 which i blend to make juice for sale.
In a week I make a profit of ksh. 3000.I also rent a house that i pay KSH.1000 per month and electricity of ksh.1000.
From the business I've been able to see my daughter through secondary school and hope to take her to college this year.
My daugher is joining college in september 2016 and with zidisha loan I hope to pay her fees
Loan Proposal
I am a mother of one daughter who I have struggled to educate single handedly after the death of her father in 2009.
She joining college in September and would wish to get $350 for her her fees and also other items she'll need for joining college.
This will ensure I don't strain my bussiness to ensure growth of my business. The proceeds from my chips business will be able to pay the loan comfortably.
I wish to thank you because you're making my life better and looking foward to raising this loan.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$397.00
Date disbursed
Aug 5, 2016
Repayment status
On Time
Projected term
67 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
London, United Kingdom
Switzerland
Bonn, Germany
Brazil
United States
United States
Syracuse, NY, United States
United States
United States
United States
Switzerland
United States
United States
Los Angeles, United States
United States
United States
United States
United Kingdom
United States
United States
Ask Caroline a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.