Fridge purchase

Ruth

Moi's Bridge, Kenya

100% repaid

Entrepreneur

Name

Ruth

Member since

October 2017

On-time repayments

28 installments  •  93%

About Me

My name is Ruth Wanjiru Ngugi born in Trans Nzoia County in Kenya in the year 1985.
I started school back in the year 1990 and finish my primary education in the year 1999 after passing the National Exam I got an opportunity to join secondary education in the year 2000.
My secondary education had a lot of challenges since my parents had to sell maize and beans to enable me complete my education .After completing my secondary education I had to stay at home and help my parents in the daily chores of maize planting since it was the only way of earning income.
The little income I earned from the sell of maize I saved it and opened my business which I started selling milk to my neighbours since milk is inadequate in my sorroundings.
In my own time I like reading and getting knowledge on how to improve my milk business.

My Business

In my small milk shop I sell milk and milk products.Milk in my area is of high demand since it is an semi arid area where milk is very inadequate.I chose this kind of business since my area is populated and hence the demand of the product is too high.In the sell of milk I get a profit of Kshs.2000 per day and this profit am using it to pay my children fees and reinvestment in growing my business.

Loan Proposal

I want to buy fridge to preserve milk so that my customers in the morning cannot go to their jobs late.At the same time pupils and students needs to have tea very early.It will enable me to preserve more milk for early customers.The equipment will cost 300 dollars and it will enable my business to make 20 dollars of profit per day.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

May 16, 2018

Repayment status

On Time

Projected term

2 months

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

Richard Griebe

La Jolla, United States

John Minges

United States

Tom Eggert

Madison, United States

W

Will

United States

E

Euge

Argentina

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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  • Lornah    Jun 20, 2018

    She so good an applicant she told me she paid yesterday 5000 and hope to complete her loan on time

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  • Ruth    May 13, 2018

    The amount received will enable my business to move on well.It will enable me to have enough milk especially this time when the product is scarce.It will make me pay the product in advance before I collect.I thank my lenders for their efforts to consider young entrepreneurs like me and I assure my lenders that through their concern I'm making steps that will change my future.

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  • Ruth    May 2, 2018

    I thank my lenders and zidisha team for their efforts to enable people to grow their business.I discussed with my milk suppliers who were lacking fertilizer to plant their crops and from my profit that I had made from the loan, I decided to purchase for them 10 bags of fertilizer that will be deducted from their milk supply every week.This will build trust among them and me.Due to heavy rainy season there is delay in milk supply so I needed fridge to preserve milk.It will save time to job and schools.It will cost 300 dollars.

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  • Lornah    Mar 19, 2018

    I HAVE TALKED TO RUTH WANJIRU AND SHE IS A VERY BUSY PERSON AND HAS PROMISED TO REPAY HER LOAN ON 11TH MAY, 2018

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  • Ruth    Feb 21, 2018

    I thank Carl Corvin and others for their efforts to make sure that wemen also have say in live.This will enable me to have a consistent supply of milk and other related products to the market.

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  • Carl Corvin    Feb 20, 2018

    You go girl!

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  • Ruth    Feb 15, 2018

    First I thank my lenders for their support to enable poor people to move and improve their lives.I was able to buy food and milk to my neighbors and food during the festive season.This has enabled me to make more friends and customers because the rate of sales has increased compared to the previous.

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  • Ruth    Feb 14, 2018

    Great thanks to my lenders including zidisha team for connecting and enabling my business to be funded.Through the funds I was able to buy my friends and relatives Christmas food and offers from the extra profit that I was able to get from the funds.

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  • Ruth    Dec 25, 2017

    I will use the loan to add stock to my dairy business to increase milk delivery to my esteemed customers.
    By increasing the stock to my business it will incur more profit from the sells hence increase my income from the sells.
    I will would like to take this opportunity to thank my lenders for the effort they are doing to finance this loan.May God bless you abundantly.

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  • Carl Corvin    Dec 23, 2017

    Go girl!

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