Entrepreneur
Name
Veronica
Member since
January 2014
On-time repayments
312 installments • 28%
About Me
My names are Veronica Ogada i am 35 years old and married with Three children ages eleven, eight and three respectively.i live in Nakuru in the rift valley province . my husband owns a garage and that is why i decided to start a motor vehicle spare parts shop to accompany the garage.i use the earnings from my business in the daily development of my family and also continue to stock my shop. my families daily upkeep depends on that shop. i also help my husband pay school fees for my children and our siblings who are still in school. we also need to build a family home in Nakuru and in the village. I had a great childhood till when i lost my parents and was taken in by my uncle who continued to pay for my secondary education. Immediately i finished secondary school i got a job and i used my salary to pay for my college tuition and other expenses. After college went to continue working but unfortunately i was layed off. that is when i started my business and since my husband was already in the motor vehicle business he helped me start off.
my first born Amanda has just begun her journey through secondary school amd my last born will begin primary school next year and i pray that they all go through school to university. I love reading inspirational books,
My Business
My Name is Veronica Ogada and i run a small my small motor vehicle spare shop .my shop is located along the Nakuru/Eldoret highway in that area there are many garages located around there. my shop is located within my husbands garage so there i have an edge with my competitors because all the spare parts needed in that garage comes from my shop. i source my goods from Nairobi. but with enough funds available i would like to some day be able to import the goods directly therefore maximizing ion the profits. With this Zidisha loan i intend to start building a family home and hence stop renting and channel the cash towards my children education. Someone might think the loan is not much for that but i intend to start small invest in the business as a use the profits to put up the home.
Loan Proposal
At the beginning of this year, my first born daughter joined high school and it's was very costly. We had to gather all the resources we had to be able to take her to school. I want to use this money to boost my business. Get some stocks back to be able to maximize on the profits.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$466.00
Date disbursed
Aug 22, 2016
Repayment status
Late
Projected term
46 months
Other loans
Lenders
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