Food retail

Silas

Morop, Kenya

100% repaid

Entrepreneur

Name

Silas

Member since

November 2012

On-time repayments

53 installments  •  47%

About Me

I am married with four children, three boys and one girl. The two boys are in Eldoret College and one girl and one boy are in a local secondary school.i was born in Elgeyo, Marakwet district and i went to Iten primary school in 1966 where i finished my primary school education in 1970, i was a very good runner, by then i also used to play football. I moved from I moved from Iten in 1986 and came to live in Nakuru in a village called Morop. Am a real residential in this village. I own a small shop located in this village where i earn for my family. Am struggling to educate my children since i did not proceed further with my education during those early days. I would like to learn more by enrolling in a college where i can get to have an opportunity to study. Morop is just a neighboring village next to kiptangwanyi trading centre, i am happy to get zidisha news from my friend, Abraham Mwangi who is also our group chairman.in fact i am one of the sinior community official I am the chairman of Divisional peace committee and Mr Abraham is my vice chairman and we are working together with the provincial Administration and we are doing good in keeping peace in this area.

My Business

Am running a small shop here at Morop trading centre the business is doing well the demand of the comodities are in a very high demand i also own a cereal store whereby i buy cereals during this season n sell the product when the demand is high i usually earn from 8000ksh to 10000ksh per month with my business.during this time i need more stock to serve more costumers the demand of commodities are in a very high demand. i started the business in the year 2004,and since there were no shops when we started the business in this area.The shops have increased and there are several. One of the challenges i used to face, was transportation but am happy i'v managed to buy a new motorcycle which i use to transport goods from kiptangwangi trading center which is about 2 kilometers to Morop. I will be glad if i get a loan from zidisha which will enable me to expand my business.one of the challenges which have been facing this business is transportation most of my clients are willing to take commodities from my shop due to low prices they usually collect my goods which i have already taken from Nakuru,I am planning to open another to our nearby trading centre.

Loan Proposal

dear lenders its my sincere honest to be in the website once more for my second loan.with this loan, am going to stock dry food in my shop which is located in morop village.my business is doing well,but with a shortage of grains. i hope to stock dry maize and beans, also peas which are commonly used in this area as stable food. during this period, the demand for grains are in a very high demand.this season its a dry season in our area. i hope my customers will appreciates alot. surely the amount will help me a lot.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

May 31, 2014

Repayment status

On Time

Projected term

5 months

Lenders

MrAlexMoore

Los Angeles, United States

Sarasota

Sarasota, Fl, United States

W

wiwillia

Milbrae, United States

Matching Fund

Sterling, United States

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

Please log in to comment.

  • darkpella    Jun 2, 2015

    Dear Mr. Magoi, I could not refrain from noticing you're not repaying you loan at all.
    May you please update us about your business situation and repayment plans, if any?

    Best regards

    Log in to reply • Share
  • Silas    Dec 15, 2014

    dear lenders,its my grate pleasure to wish all of you merry christmas and a very beautiful new year.am okey with my family, and the loan you gave me has boosted my business with a very big impact.my retail shop has grown big with so many customers. am serving almost 300 customers per day.its grate to me that my business is doing so well.i hope to start anew project which is dairy farming.i hope this will do good since i have already started. thanks so much

    Log in to reply • Share
  • MrAlexMoore    Jun 19, 2014

    Silas I hope your business is doing well. Best of luck in all your efforts!

    Log in to reply • Share
  • Silas    Apr 5, 2013

    dear Zidisha. l wish to take this opportunity to thank all who have made this possible.to my lenders who have given generously and the entire zidisha platform for making this a reality.you are doing a good job of uplifting the many entrepreneurs and the families whose lives will be changed for better.on behalf of the many let may say May Almighty God bless you.

    Log in to reply • Share


Loading...

Loading...

Loading...