Serah Njambi

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Serah Njambi

Location

Kiptangwanyi, Kenya

On-time repayments

66 monthly installments  •  21%

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

  • markpearson    Dec 30, 2016

    Another loan that either hasn't been paid back in full or no attempt has been made to repay (no repayments). Often this follows 100% payback of a previous smaller loan. I've seen far too much of this on Zidisha, compared with other platforms. Whilst I appreciate things don't always work out in business and the people being helped may not be able to pay back far too many that I have see simply take the money never to repay a single cent.

    Couple that with the fact that zidisha decides to relend my balance $10 at a time...... without any OK from me! I was attracted to zidisha by promises of more money going direct and low fees but it seems to have worked out poorly in comparison.

    Whilst I might be able to afford the "loss" it directly affects other, perhaps more deserving people, whom I now don't have the funds to loan with.

    Way too high a percentage of my original deposit has simply disappeared.

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  • Spidey3    Apr 24, 2015

    Well done - paid back early and in full. Great to see.

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  • The Gwarden    Apr 22, 2015

    Slightly chaotic but early repayment. Great!

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  • Astrid    Aug 1, 2014

    Thanks for paying back sooner than planned!

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  • share    Jul 19, 2014

    She completed paying off her loan two months in advance.

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  • ErikN    Jul 16, 2014

    Paid back in full. Good luck in the future Serah!

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  • Charmonica    Jul 15, 2014

    Thanks for repaying the loan, Serah and good luck with your future cereals business!

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  • Taata    Jul 15, 2014

    Hi Serah! Everything went fine in the end. I'll be happy to lend again if you ever need another loan.

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  • KYLE LARSON    Apr 27, 2014

    *** THANK YOU FOR REPAYMENT ***

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  • Tilius    Dec 19, 2013

    well done

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  • Walter86    Sep 12, 2013

    fast repayment

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  • Texas    Aug 30, 2013

    Repayment ahead of time

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  • Texas    Aug 30, 2013

    Repayment ahead of time

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  • Astrid    Jul 3, 2013

    Payed back several months early, well done!

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  • investor    Jul 2, 2013

    On time, fully re payed ! thanks. Good luck with your business

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  • missjoyy    Jul 2, 2013

    fast repayment! thanks!

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  • Rdcmole    Jul 1, 2013

    Thanks for re-paying so quickly. I would be happy to lend again.

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  • Sundstroms    Jun 23, 2013

    Repaid ahead of time! We will be back!

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  • giaco    Jun 11, 2013

    loan was repaid ahead of time
    I would certainly participate in a new loan to serah

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  • Adriano    Jun 8, 2013

    Im happy your business is doing well. The loan was repaid well before time

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,351.11

Date disbursed

Dec 19, 2012

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Lender interest: $1,351.11 at 9.28% annual rate over 8 months = $88.81

Service fee: $47.86

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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