Name
Jospine
Member since
April 2013
On-time repayments
14 installments • 7%
Being the first born in a family of seven members life was fun and the future looked bright since my parents were farmers in our two acreage farm in Molo and meeting our basic needs was very easy..But with the tribal clashes that occurred in the area affected our lives as most of the time we were forced to flee for our dear lives due to insecurity and seek refuge from the camps and churches.This made us relocate to Nakuru town and start our lives a fresh.My parents did odd jobs to provide for us but this proved hard because the income was hardly enough to sustain us and l had to drop out of school for lack of fees.l engaged myself into drugs to earn a living but after several arrest by police l decided to change for fear of being killed and started selling second hand shoes and clothes in the estate.this enabled me to earn a living and support my siblings by paying their school fees.l now sell both second hand and new clothes in town.l also engage in counseling the young ladies who are drug addict in my estate during my free time and active member of the church.
My business is located along the Gilani street of Nakuru where l stock both the second hand and new clothes of all people.This variety and combination enables me to sell and be competitive in the market.l get the stock mainly from Nairobi and sell at a profit margin of 30%.This enables me to support my family and re invest back to the business.The business is viable in this area because of the high population of Nakuru town.on a good month l make ks 20,000 as profit after deducting the expenses.if advanced with the loan this will enable me to add more second hand clothes to my business hence more sales.
Hello, am glad to see that finally my loan application has been approved.This is a good sign that my business has finally got the support i needed most. Thank you zidisha for coming with such rescue to our businesses. With this loan i will use in business improvement so that i can work effectively and without wasting time. this will help generate more income that will help me repay loan in good time.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 30, 2013
Repayment status
Late
Projected term
15 months
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