Expand my eggs business

Perry

Kinamba, Kenya

100% repaid

Entrepreneur

Name

Perry

Member since

June 2014

On-time repayments

55 installments  •  67%

About Me

My name is Perry Wanjiku Mwangi. I am married with five children, namely Victor, Eddy, Carol, Joyce and Consolator. I reside in Kinamba location. I successfully completed my O-level, having undertaken p1 teaching career at Kericho Teachers Training College.

I retired from teaching in the year 2007. I used some of my retirement benefit to open a business dealing with farm products, including vegetables, fruit and chicken eggs.

My hobbies are visiting the needy in the community, socializing, and being updated with new technology.

I started the business in order to maintain my family with basic needs. My husband was involved in a road accident 2 years ago, whereby ever since he uses the wheelchair, making me the breadwinner.

I want to expand the business, thus I kindly request the Zidisha members to support my business through their loan.

My Business

My business is based in Njambini Kinamba location and it involves selling of farm products like vegetables, fruit and chicken eggs. I started the business one year ago. I want to expand the business, but due to limited resource I can't expand. I want to expand the business by buying a bicycle for better transportation. I have hired a young man to be transporting, thus this will enable reach more customers who need our services hence making more profit.

My monthly sales are ksh 40,000, average sales expenses are ksh 30,000, and average profit is ksh 10,000. I will use the profit to expand the business and repay the loan, hence there will be no pressure on my business, thus I will be in a position to grow.

Loan Proposal

I will use the loan to purchase chicken. My customers have increase and demand for eggs has gone up. The eggs I buy from farmers are not enough to satisfy the market and so if I have my own chicken I will be able to meet the demand of eggs, thus increase my sales.

Show original English  

About Me

My names are Perry Wanjiku, married with five children . I reside in kinamba location . After retiring from civil service, I opened a business dealing with farm products including groceries including vegetables and fruits and chicken eggs. I want to to expand my business and rear more chicken as well as move to a new business premise where farm produce will fit as the current store is a bit squeezed.

My Business

My business is based in njambini, kinamba location and it involve selling of farm produce like vegetables,fruits, daily milk and chicken eggs. I started the business a year ago and now want to expand it but due to financial constraints, I can not.

With previous loans from Zidisha, I have managed to purchase a bicycle for transporting eggs and other farm produce to customers as well as add my flock of chicken to and have been able to meet the growing demand of eggs in my area of business. Currently, my monthly income is Kes 45, 000 with the monthly expenses totaling to around Kes 40, 000.

Loan Proposal

I will use the loan to purchase chicken. My customers have increase and demand for eggs has gone up. The eggs I buy from farmers are not enough to satisfy the market and so if I have my own chicken I will be able to meet the demand of eggs, thus increase my sales.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$48.00

Date disbursed

Jan 21, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

Zidisha

Sterling, United States

L

Leonora

TÄBY, Sweden

Mrdressup

Brisbane, Australia

D

Draka

South park, United States

90803

Long Beach, United States

RolandS

Ingolstadt, Germany

L

LoisT

Australia

J

Jenny

United Kingdom

Ask Perry a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...