Expanding my business

Eunice

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Eunice

Member since

July 2017

On-time repayments

36 installments  •  61%

About Me

I grew up in the care of my grandmother who loved me deeply. I wasn't able to complete my education due to financial problems, but even so, I am a hardworking and high spirit person and I never loose hope. I live in Mombasa, a county that attracts tourists due to the beaches in Indian ocean. I have three children, first born has gone to college, second born has gone to form four and my last born is going to college next year. At my free time, I knit and spend time with my family.

My Business

I started my business with sh 200 which I was given by a friend. I bought 6 kg of sweet potatoes and sold them at sh50 per kg. I latter introduced butternuts and arrowroots. Many people in this area prefer these food for breakfast instead of bread and also there are not many people who do these business. My costs are purchases, transport and miscellaneous expenses. Use my profits to pay rent, provide for basic needs and educate my last born daughter.

Loan Proposal

Since I am in a food business I have decided to use the loan to start growing my own foods and be my own producer.
This is going to increase my stock and increase my profit hence able to repay my loan efficiently.
I expect my profit to increase by about 30 percent since its the first time.

Feedback

1

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  • Peter Waldie    Mar 13, 2018

    Eunice repaid her loan fully, and on time. I will certainly support her loans in the future, and encourage other Zidisha lenders to do so.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Nov 16, 2017

Repayment status

On Time

Projected term

4 months

Lenders

John Minges

United States

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