Entrepreneur
Name
James
Member since
September 2012
On-time repayments
19 installments • 11%
About Me
I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with two children. I live in plot number 23A at the shopping center where I carry out my business with my family. My business entails buying and selling of milk at the shopping center. I purchase milk from farmers and later resell it to other residents within the shopping center at a profit.
My Business
My business entails purchasing and selling of milk from farmers and later reselling it. The business is profitable as the demand for milk is high . The main challenges that this business encounters are lack of finance to expand the business, drought which affects the production of milk resulting in acute shortages.
Loan Proposal
Dear Lenders,
I would like to use my first Zidisha loanthat I will get from Zidsha organization to, First I would like to purchase a modern refrigerator. This will be very useful as I will be able to store my milk without much worry of it going bad. This will also be important as I will assure my customers of getting fresh milk most of the times. Secondly, I would like to buy more milk churns for storing and distributing milk to my customers within and out of the shopping center.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 16, 2012
Repayment status
Late
Projected term
20 months
Lenders
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