Zidisha |

Hannah

Kiptangwanyi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Hannah

Member since

September 2012

On-time repayments

17 installments • 18%

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 three children who are all in school. I live in plot number 31 at the shopping center where I carry out my business with my family. My business entails a retail shop at the shopping center.

My Business

My business entails the retail shop at the shopping center. I purchase my supplies from Nakuru town which is nearer and cheaper. The goods that I sell range from mere foodstuffs, home use items and other shop commodities. The main challenges that this business encounters are lack of finance to frequently increase the business stock and high cost of electricity.

Loan Proposal

Dear Lenders,
I would like to use my loan to add more stock in my business and also to expand the room in which I operate my business in. Secondly, i would like to start purchasing cereals at my shop as this is the time farmers are harvesting their products from their shambas and therefore I would like to take this chance to purchase the products at a relatively good price. I will then store the cereals and wait for the time when there is a shortage and sell them.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Sep 24, 2012

Repayment status

On Time

Projected term

5 months

Other loans

Jan 2013: $1,355

Lenders

EricDWalters

Rochester, Mn, Usa, United States

Candiac, Canada

Australia

Sydney, Australia

Wellington, New Zealand

Lemon

Switzerland, Switzerland

NancyG

Victoria, Canada

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Silver Dec 10, 2013

what's going on?

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M
Mårten Nov 8, 2013

Dear Hannah,
how are you doing? I have been wondering whether you did open the second shop, and if that was the cause of your difficulties. Please let us know - also for the sake of others who may be considering expansion themselves, and might benefit from your advice - and please remember that any small, irregular payment is better than no installment payment at all.

All the best,
Mårten

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L
ldworld Oct 6, 2013

any news?

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K
Klaudulas Sep 10, 2013

Dear Lenders,

My name is Klaudia and I am a Zidisha Volunteer.
We experienced problems contacting Mrs Wanjiru. She was supposed to resume repaying in August so we are still waiting for her payments.

We will of course update you once we get in touch with Hannah.

Regards,
Klaudia

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Silver Aug 19, 2013

Are there anything new informations?

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Silver Aug 19, 2013

Are there anything new informations?

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pentatonicscale Jul 24, 2013

Hi Hannah, how are things going for you these days? I hope that you are well and that your business is picking up.

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Namaste250 Jun 16, 2013

Hello Hannah,

I'm sad to hear that your business is not doing well. I hope it will pick up soon. Were you able to open the second shop? It always takes time for a new shop to start making profits. Plus, your need for stock doubles.

Best wishes for health for your hard-working family and more customers, Ann (namaste250)

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Hannah Apr 4, 2013

Dear lenders,
I wish to extend my repayment period by two months. My business has been doing well and thus I would like to have some more time to make the business more overcome these challenges that it is undergoing.
The dry season which has recently ended has had a negative impact to the business and I am glad that the rains are now here with us and it is my hope that all will be well again.

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- L
  ldworld Jul 12, 2014
  
  Any way you can pay back borrowed money??
  
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Namaste250 Jan 26, 2013

Congratulations on your success. I know that it must have required a lot of hard work. Best wishes for another even more successful year. Ann

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D
dbedell Jan 10, 2013

Congratulations and good luck Hanna!

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Hannah Jan 4, 2013

Dear Lenders,
I hope you have all started well the year 2013 well. As for me and my family all is well and the business is doing well. The month of December has been a good one and the business did well. The revenues for the month were good and have prompted me to repay all my outstanding repayment balance. Thank you all lenders for giving me an opportunity to improve my business.

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