Name
George
Member since
September 2012
On-time repayments
257 installments • 13%
I am married with one child. I live in Kiptangwanyi shopping center which is about 43kilometers from Nakuru town. This is the nearest major town where we go to get our supplies. I live in plot number 347 at the shopping center. My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. After I have bought them I later resell them to major towns such as Nakuru, Gilgil and Naivasha.
My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. I have been in this business for five years now and I am well conversant with it. I have many customers from within the shopping centers as well as other towns. I also have a good source of supplies. The main challenges that the business encounter are lack of enough capital to expand the business and drought.
Dear Lenders,
I want to use my loan that I will get from Zidisha to do the following, First I would like to use the loan to buy more stock of cereals especially at this moment when we are harvesting. The price for the cereals is good and I will store the maize and beans then later resell it during the dry season at a reasonable profit. The loan will be useful as I will buy the cereals in large quantities and the profit will be good. Secondly, I will use the loan expand my small store in order to accomodate a larger volume of cereals.
Positive
12
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 30, 2012
Repayment status
On Time
Projected term
12 months
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