Distributing local beans, rice, peanuts and lentils

Lynnette Simba

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lynnette Simba

Member since

August 2017

On-time repayments

106 installments  •  53%

About Me

I'm a 37 year old mother of 3. Due to my tough family background, having no raised up by a struggling single parent, I learnt to work hard and to be focused in everything that I do. I got inspired by my late mother that there is a sure way of success and progress through entrepreneurship a part from my part time teacher in a language school.

My Business

A part from my little income from the part time 4hours teaching per day, I opened a small grocery shop in 2017, which gives me approximately $90 per week and a profit of around $30. Which is a decrease of what I used to get last year.
I therefore would like to expand my business by Opening another cereal shop in a different area, due to market demand in that particular business area.
This far, I have been able to expand my cereals shop with the profit I have made this far.
A part from that, it also helps me pay for my children's school fees.
I'm very grateful for the great support from Zidisha team.
Kindly help me secure this loan since I have stayed for close to 6months without getting a loan.

Loan Proposal

Buy more cereals in bulk; such as beans 40kgs for ksh. 4000, rice 60kgs for ksh. 7000, peanuts 20kgs for ksh. 4000 and green grams 30kgs for ksh. 3000.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 15, 2019

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $8.42

Credit risk payment: $25.28

Lenders

G

Gastao

Covilhã, Portugal

J

JBosshardt

Redmond, United States

L

ldron7

Utah, United States

C

cyrilleberger

Gammalkil, Sweden

Cloudways

Malta, Malta

DennyC

Rostock, Germany

lorello

Vicopisano, Italy

S

SvenWaage

Stavanger, Norway

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

calvero

Bergen, Norway

mikeice

Kohler, United States

SBlue1

Germany

SuperMario28

Cudahy, United States

WE

Wendy Emlyn

Devon, United Kingdom

K

Kenny

United States

BH

Barbara Hermann

United Kingdom

Masato

Utah, United States

Genuine Interest

Singapore, Singapore

DD

Dixie Davis

Kyle, United States

KO

Kenneth Oram

United Kingdom

MG

MICHAEL GANN

United States

Ask Lynnette a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...