For my business of selling food and other household supplies

Ruth

Nyambogo Village, Kenya

100% repaid

Entrepreneur

Name

Ruth

Member since

July 2016

On-time repayments

75 installments  •  65%

About Me

I was born and grew up in Nyamira county, Bosamaro Location, Bigege sublocation. I went to Nymbogo primary school for my primary education and later joined Marani secondary School and Kianungu Secondary school where i did my secondary school exams. Due to unavoidable circumstances, i could not proceed to college hence i trained in basic computer training in the nearby center. I later started my own business in the field of Mobile money Market and a grocery store where i hope to earn and make my living from so that i can raise funds to better my education further and venture into more profitable business. I started my business with some little cash that i was funded from my uncle and friends who were very eager to see me prosper in life. in our culture land ownership is seen as something that everyone should own but our culture does not allow for girls/ladies to inherit land from our parents hence i could like to buy my own piece of land in future. i don't have a family yet but i ll be glad to see myself have one in future, i hope that i ll get and raise a good healthy family. i like working with computers, playing games and interacting with people online.

My Business

i ran i an MPESA[mobile money transfer] business in our local center, and also have a shop/grocery store that sells household goods and cereals, the needs of the market and various money transfer methods and companies are coming up day after day and most people are venturing into the business hence there is a lot of competition. i don't have sufficient funds as running capital for my business hence i find my self not fit enough in the market in terms of business competition. i use the little profits to add more capital into my business but with the high cost of living standards its hard to save enough for my future needs but i however save a little for my my personal needs and future.

Loan Proposal

with my second loan that i expect from zidisha, i expect to utilize it fully to further expand my business. i believe that by expanding my business i will be able to serve more customers hence acquire more profits that will drastically change my way of living now and in future. i will use the full (69 USD) amount to add more stock of soft drinks to my food out let so as to serve every customer's needs. i look forward to boost my food outlet to the next level as i continue working and collaborating with my potential lenders in this great platform.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$70.00

Date disbursed

Nov 6, 2016

Repayment status

On Time

Projected term

3 months

Lenders

kuebel

Vienna, Austria

Laurie

Sry, Canada

paulclinton

malaga, Spain

Scotts5320

New York, United States

John Minges

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

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

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