Name
Serah
Member since
May 2012
On-time repayments
69 installments • 25%
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
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.
Dear Lenders,
I would like to use my loan to purchase more cereals at this season. This will increase my stock and therefore I will have more to sell during the dry season. Most people are now harvesting especially beans and maize is almost ready. The price for these products is fair and therefore would like to use this opportunity to purchase these commodities.
Positive
35
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 4, 2012
Repayment status
On Time
Projected term
5 months
Other loans
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Amount repaid
$516.42
Amount remaining
$0.00
Date repaid
Dec 13, 2012
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 4, 2012 | $49.06 | Nov 7, 2012 | $49.06 |
Dec 4, 2012 | $49.06 | Nov 7, 2012 | $0.01 |
Dec 7, 2012 | $49.05 | ||
Jan 4, 2013 | $0.34 | Dec 7, 2012 | $0.34 |
Feb 4, 2013 | $417.96 | Dec 7, 2012 | $0.01 |
Dec 13, 2012 | $417.95 |
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