215 installments • 18%
My name is Faith nyambura maina, and I come from Nyeri County in Othaya sub-county. I am the last daughter in my family of 3 boys and 4 girls, the only siblings who are young than me 2 boys. I completed my secondary education in the year 2012 with a lot of challenges since we were raised from a very humble background. This same year at December I went to join my sister in Juja where she was working and staying, she decided to take me to a course and I enrolled for computer application course and completed the basic. I was lucky to be employed by the same employer who had employed my sister as financial record keeper and a banker, it during this time 2 years ago that I decided to start a food stuff business alongside with my employments. I am looking foward to raise some extra fund to expand my shop in order to eventually leave the formal employment and focus much my business which have a lot of potential since Juja is a city with high population. Having being raised by my parent in a very strong religious foundation, it has always been my effort to try and raise the success bar higher that all my peers in our society so that they can find someone to emulate. I belief through zidisha it will be a dream come true.
Thanks all, Thanks zidisha
I am currently employed with a salary of 10,000 KES per month, I also earn some extra income of 15000 KES courtesy of my food stuff business. I believe if I closely manage my business and inject approximately 10,000 to 20,000 KES, this business may be giving me at least 1000 KES dairy as income which translate to 30,000 KES per month, when I combine with my employer's salary the total earnings per month will be approximately 40,000 to 45,000 KES. This amount can sustain someone in city like Juja and be able to meet all the recurrent bills and obligations.
I am planning to set aside 1000 KES every week to service my loan and finish as soon as I can so as to get opportunity for future subsequent higher loan.
Thanks all, thanks zidisha.
I am looking forward to purchase the following shop stocks once I secure loan with zidisha.
6 gallons of house paint @1900( 19 USD) each = 11400 KES ( 114 USD)
3 20kg bags of assorted nails @ 5000(30 USD) each = 15000 KES (90 USD)
4 bales wheat floor @ 1600(16 USD ) each = 6400 KES (64 USD)
4 Bales Maize floor @ 1440(14.40 USD) each = 4320 KES(43.20 USD)
2 20litre jelican of cooking salad @ 2000(20 USD) each = 4000 KES(40 USD)
5 Cartons 800gms bar soap @ 2400(24 USD) each = 12000 KES(120 USD).
6 Total cost ........................................................................ 53,120 KES(531.20 USD)
The selling prices on retail price for the above will be as follows:
A Gallon of house paint goes at 2350 KES(23.50 USD) so by 6
will give 14100 KES (141 USD)
A 20 kg bag of nails on retail goes at 6000 KES so by 3 will give 18000( 180 USD)
A bale of wheat floor goes @ 1800 KES by 4 will give 7200(72 USD)
A bale of Maize floor goes @ 1524 KES by 4 will give 6096(60.96 USD)
A 20L container of cooking salad goes @ 2600 KES by 2 = 5200( 52 USD)
A Carton of bar soap at retail goes @ 3000 KES by 5 = 15000(150 USD)
TOTAL SALES OF THIS STOCK = 65,596 KES(655.96 USD)
TOTAL COST OF PURCHASES = 53,120 KES(531.20 USD)
REVENUE = 12,476 KES(124.60 USD)
This business is worth undertaking because it can be turned over several times during the servicing of this loan thus making it easy to pay back the loan while the business stands.
Thank you all, Thank you Zidisha
Jun 16, 2016
Cost to entrepreneur
Service fee: $18.69