Serah

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Serah

Member since

May 2012

On-time repayments

69 installments  •  25%

About Me

I am single with 8 children four of them who are schooling. I live in Kiptangwanyi shopping center about 43km from Nakuru town. I live in my own plot which is plot number 21. I operate cereals shop at the shopping center. I buy cereals mostly maize and beans in wholesale which I later resell to neighbouring major towns also in wholesale with a good profit.I am well known in this area and sometimes I do travel a lot to take my cereals to other towns. This is a business that I do operate with all my heart as I have been able to educate all of my children from the revenues that I get from the business

My Business

I operate cereals shop at the shopping center. I buy these cereals in wholesale and distribute them to major towns in large quantites especially in Nairobi where I have many customers. The main challenges that this business encounter are lack of enough capital, poor roads especially during the rainy season and drought. I hope that the loan I am going to get from Zidisha organization will be of very great benefit in improving my business. This will be of very great help towards the appearance of my business. I already have plans that I know will change my business to the best in terms of service and offering quality products.

Loan Proposal

Dear lenders,
I want to use this second loan that I will get from Zidisha organization to do the following. Firstly, I would like to take the beans that I purchased during the months of June and July to Nairobi for sale. This money I will use for drying the beans and also for transport. The price for beans in Nairobi at the moment is good and this is why I would like to use this opportunity. Secondly, the remaining amount I would like to purchase more maize at this time and store it. This will be sold when the price is good sometimes next year

Feedback

35

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,353.00

Date disbursed

Dec 19, 2012

Repayment status

On Time

Projected term

8 months

Lenders

P

Per

Randers, Denmark

J

jeanbaptiste

*, Afghanistan

carlos vendrell

Barcelona, Spain, Philippines

KYLE LARSON

Little Falls, United States

Aahz

Manchester, United States

investor

Candiac, Canada

Tilius

Oslo, Norway

Rdcmole

Cincinnati, United States

F

FHult

Stockholm, Sweden

G

giaco

madrid, Spain

H

hugh1

Co Kerry, Ireland

S

share

Whitby, Canada

Cordula

Cologne, Germany

S

Southernyank

CHAPEL HILL, United States

Jacob Hedegaard

Risskov, Denmark

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

M

missjoyy

Munich, Germany

andreasol

Bielefeld, Germany

A

Adriano

Sittard, Netherlands

SkyWalker

Stromberg, Germany

Creole1

Mobile, Alabama, United States

A

Astrid

Den Haag, Netherlands

T

Texas

Houston, United States

P

planespotter

Berlin, Germany

Walter86

Napoli, Italy

J

JoJoHouse

New Castle, United States

J

Jim122

Seattle, United States

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