Fredrick
Nkoroi, Kenya
100% repaid
Name
Fredrick
Member since
July 2013
On-time repayments
228 installments • 54%
am 33 years old in a family of 7 thats is i have 4 brothers and 1 sister .i live in Rongai in nkoroi location.I also work as an IT supervisor in a company called KCT,am pursuing my Undergraduate degree at St Pauls University am taking Bachelor of Business Information Technology,a year ago i bought a cow that now am selling milk to my neighbors to boost my monthly income that i get from the company i work for.
As i had written earlier i live in Ongata Rongai in Nkoroi location,alight at a stage called Kamura,on your right walk close to 100 meters pass Kunoni Education Center,there is an electricity transformer on your right side the post called Mary Lane skip two houses on the third with a brown gate house NO.3.
Hello lenders,first of all i would like to thank you for your support it has been long journey and benefical journey with Zidisha organisation.This is my fifth loan with you guys and i can assure you it has helped me in my social economic life,i was able to open a stationery shop which has been doing very well,by selling printing papers,ink catridges am able to serve instituition around me,like there are 2 schools close to me,one is public and the other private,there is a 4 star hotel near me called the smith and bringing such commodities near them has easen the burden of traveling far to but printing papers and office accessories.
with the next loan i intend to go a little bit further by buying computer for internet surfing and also be able to rebland invoice and purchase order books in the name of client.I also intend to make the local community access internet at a cheaper price so that the young people who have cleared school can be able to search for jobs over the internet.
My next loan will be able to help me buy a good computer with high specs an internet router and firewall for protection,the remainder of the money i will increase my stocks thats is printing papers,ink catridges, toners,paper clips,folders,invoice books,purchase order book.i thank you in advance for your support.
The loan will be paid with the sell of milk that i get from my cow and my monthly payment from my usual work.milk is a very marketable commodity and i would like to add another cow because the demand of milk is high and since milk is a perishable commodity,i would like to buy a freezer that can handle a lot of litres to preserve my milk since it can spoil easily and also pay someone to take care of the cows while am at work.With that cow alone i get a income monthly for about 15 thousand Kenya Shillings to 18 thousand.Most people prefer my milk because is clean and is not contaminated with water.The business is profitable because i bring my commodity close to the people and they do not have to go far and by milk in the supermarkets.My intention is to buy another cow to boost my sells since its growing in demand and i can satisfy my neighbors with that one cow.With this i will be able to pay my loan on time and have remainder for personal development.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 14, 2014
Repayment status
On Time
Projected term
4 weeks
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