Beatrice Cheruiyot Ngetich
190 installments • 4%
My names are Beatrice Cheruiyot .I the second born in a family of four. Am single and I just finished my degree in Business commerce finance option a waiting to graduate these month of July. I started the business when I was in second third year. These was because I needed extra income to supplement my needs so as to support my parents with other needs required as our two other siblings are in high school.
On my business, I purchase eggs from the community in form of grades. I have built a great bond between my buyers and sellers for the last two years. I buy the m right from my village and neighboring communities of Eldoret.
On weekly basis I do purchase around 400 grates. I sell half in cash and half on credit terms. The buying price for a grate is USD 3 (KSH.250) AND ITS SELLING PRICE IS USD 3.6 (KSH 310).For each grate I get a bout USD 0.7 (KSH 60).i generate a bout USD 282 PER WEEK (KSH 24,000). NB. These are only for a week.
I like singing so much and though I am a member of our choir at our church I spent my free practicing the choir. We have produced our albums up to volume three and is played mostly in Gospels radio stations. I like dancing so much to.
I do purchase around 400 grates weekly. I sell half in cash and half on credit terms. The buying price for a grate is USD 3 (KSH.250) AND ITS SELLING PRICE IS USD 3.6 (KSH 310).For each grate I get a bout USD 0.7 (KSH 60).i generate a bout USD 282 PER WEEK (KSH 24,000).These is about UDS 1129 (KS 96,000) per month. My profits are promising which enables me to pay my loan without any constrain as my weekly expense USD 50 and profits is about USD 94 (KSH 3500 AND KSH.8000)Respectively.
I have several potential clients whom I supply to on credit and they are the biggest hotels in Eldoret ,called clique hotel, whitecastle ,cicada,comfy,prime chic and poa place.
At times my store goes empty due to these demands can come at a time that I can’t meet it.
My first ZIDISHA loan if I will be accorded these chance will enable me acquire about 44 grates of eggs to meet these demand. I will be so grateful, is these comes to pass.AS YOU CAN SEE from my store I maintain re order level these will enable me to meet my customers demand each time they request for an order.
Thank you so much zidisha lenders for the first loan which has really assisted me a lot.my business has changed tremendously.
Once again i come back to you for the second zidisha loan.These loan will play a big role in helping me meet three orders i have received from the hotels in Eldoret.
My first order will require eggs costing USD 170 and second order of USD 235 and 250.
I will be adding these loan with my weekly proceeds and acquire the eggs at a wholesale and make my supplies as usual.
I will be able to gain a lot from these orders as some will be sold on credit and on cash terms.
Thank you so much for your continued support!
Aug 19, 2014
Cost to entrepreneur
Lender interest: $450.57 at 6.46% annual rate over 42 months = $102.99
Service fee: $56.94