Expand food grocery shop business

Carren

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Carren

Member since

May 2021

On-time repayments

24 installments  •  83%

About Me

Hi, Thank you for supporting my journey and business, My name is Caren Chepkorir, most people call me Chep its a short form of Chepkorir. I am 25 years old, We are six children in the family, three are girls and three are boys, Am the second born. My mother passed on two years ago, My mother was a single mother, I had to work hand in hand with my elder brother to take care of the siblings, I started selling charcoal and potatoes to make ends meet, Its from the business that i gained interest to move out of the village and start a grocery business in town, Later on i secured a loan from a bank and started a shop. I also joined college where i took business management to gain knowledge on how to run and manage the business. When i had of zidisha i became anxious to join hopping to expand my knowledge and gain experience. I thank you all for support and my plan is to expand my shop and make more profit to sustain my siblings.

My Business

My business is to sell food stuffs and vegetables, I hope to secure the loan to expand my business and make more profit.
My business has grown since i started, with zidisha am sure i will manage to expand and also serve my customers demand.

Loan Proposal

I will use the loan to buy two iron sheets to expand my grocery business.
This will help me and my entire family to earn extra income. Thank you for supporting my journey.

Income Source

Normally i do not spend my profit because i invest it on stocking my shop, The profit from the shop will cater for the loan in case of risk.

My Videos

Jun 1, 2021: Carren zidisha member

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Jun 3, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Brian Herrmann

Chicago, United States

JT

JOY to the world

Cottonwood Heights, United States

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Summary

Amount repaid

$31.29

Amount remaining

$0.00

Date repaid

Jun 17, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 10, 2021 $15.65 May 31, 2021 $0.19
Jun 10, 2021 $15.45
Jun 17, 2021 $15.65 Jun 10, 2021 $0.19
Jun 17, 2021 $15.45

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