Retailing maize, beans and rick

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

I wish to purchase 2 (40kg)sacks of beans worth ksh. 8000; 40kilograms of Pishori rice worth ksh. 6000 ;
and 60kg of maize worth ksh. 6000.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Sep 19, 2019

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $8.42

Credit risk payment: $47.19

Lenders

Brian

Midhurst, Canada

A

awecz

Prague, Czech Republic

ytrio

Madrid, Spain

A

AlexCheng

Seattle, United States

ads68

Melbourne, Australia

Sunnyside

Stafford, United Kingdom

Bobrm2k3

Charleston, United States

SBlue1

Germany

K

Keith

Luxembourg

moursund

Beaver Nation, United States

MI

Matt Insler

United States

V

Vivek

Arlington, VA, United States

TH

tom hd

United Kingdom

N

Nick

Greater London, United Kingdom

AH

ajay hampapur

United States

N

Nick

United States

E

eriklonnroth

United Kingdom

Hana

United Arab Emirates

Akirahugo

Dortmund, Germany

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Sayuri

United Kingdom

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

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