Expand my milk stock on my retail shop

Nerbat Karani

Nairobi, Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Nerbat Karani

Member since

July 2013

On-time repayments

101 installments  •  82%

About Me

I am 27 yrs old married with three children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 37000 i am able to educate and feed my family and support my parents. I have a dream to improve myself financially as i know i have not fully attained my financial capabilities.

My Business

I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very low and easy to manage as it deals with direct contact with the customers who are your employers.

Loan Proposal

Thanks to all Zidisha staff and all Zidisha Lenders for all the loans that you have been kindly advancing to me. They have real helped and changed my family's financial status for the better.
The loan i am now applying will be used to further advance the milk project that i had earlier started. Considering that we are heading to a festive season, milk demand has real increased.
I will use the loan to tap the high demand. I will add stock of Ksh. 20,000 and the remaining Ksh. 5,000 will be used to monitor shortages.

I once again thank you for your continued support.

Feedback

10

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Loan Info

Project Type

Classic Loan

Disbursed amount

$295.51

Date disbursed

Nov 25, 2014

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $295.51 at 5.80% annual rate over 3 months = $5.18

Service fee: $3.26

Lenders

investor

Candiac, Canada

José Antonio

Carapicuíba, Brazil

O

Oliver

Geneva, Switzerland

T

Tec69200

Jacksonville, United States

F

faical

Cologne, Germany

E

ericcamden

Berkeley, United States

Dan Haynes

Bozeman, United States

G

grahamfamily

Guildford, United Kingdom

athomas

Chevy Chase, United States

SeeMeeFi

Ontario, Canada

Cloudways

Malta, Malta

ads68

Melbourne, Australia

trackpal

Brighton, United Kingdom

Bruno

São Paulo, Brazil

sarna

Toronto, Canada

T

Travtroe

Lanesboro, United States

Zal0m0n

Atlantis!!!! x), Mauritania

H

howard

Vence, France

Lambie

Perth, Australia

markpearson

Portsmouth, United Kingdom

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

M

Michi

Switzerland

Mikers

Netherlands

K

KiraDee

United States

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