Rose Karanja

Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Rose Karanja

Member since

December 2011

On-time repayments

56 installments  •  59%

About Me

I am a single lady living with my younger sister and brother. We live in Ongata Rongai. I am a form four leaver, i sell building materials such as sand, building stones and ballast. I started the business to support my younger siblings in education after our parent passed on in 2005.I have been doing small business in ongata rongai for the last ten years. I have experienced running small enterprises and i have now moved to construction.with the previous loans from zidisha i have been able to expand my business and now i am able to take large projects.the loans have been of much help and i am planning on opening a small retail shop

My Business

My business involve buying materials in large quantity and selling them to people at their local disposal. my business is situated in a developing area making it preferable to others that are far from the construction site. The business is profitable because i deal with non-perishable goods and there is nothing to lose though sales delay. The business makes sales of ksh 50000 per month where ksh15000 is a profit.

Loan Proposal

i have a project in a construction site, i would like to use the money to buy building materials like sand, ballast, hardcore and stones. I ,m also planing to pay labor force to the people working on my site as i wait the foundation section to be over as the contract dictates so that i can get the first payment. The money will be used again in the second phase of the project to buy materials and labor force. the last two loans have been of great help to me because i have been able to pay school fees for my siblings and the best of it all i was able to purchase a small piece of land. I thank zidisha for making me the kind of person i,m today, may you live forever.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,058.34

Date disbursed

Sep 9, 2013

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Lender interest: $1,058.34 at 2.84% annual rate over 10 months = $25.55

Service fee: $32.50

Lenders

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PaulE

Cockeysville, MD, United States

COOPITALIST

Toronto, Canada

G

guenter

Bremen, Germany

M

Markus

Tirschenreuth, Germany

MindMuse

Talking Rock, United States

SHRFamily

Vancouver, Canada

S

SvenWaage

Stavanger, Norway

Namaste250

Pittsford, United States

camilberlin

Berlin, Germany

scgtb

Sarasota, United States

jan73

Eugene, United States

Benz0

Reno, United States

silyara

United States

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Summary

Amount repaid

$1,129.03

Amount remaining

$0.00

Date repaid

Jun 21, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 15, 2013 $112.90 Oct 15, 2013 $112.90
Nov 14, 2013 $112.90 Nov 14, 2013 $112.90
Dec 14, 2013 $112.90 Nov 14, 2013 $2.05
Dec 14, 2013 $110.85
Jan 14, 2014 $112.90 Dec 14, 2013 $4.09
Jan 12, 2014 $108.80
Feb 14, 2014 $112.90 Jan 12, 2014 $6.14
Feb 12, 2014 $106.76
Mar 15, 2014 $112.90 Feb 12, 2014 $8.18
Mar 14, 2014 $104.71
Apr 15, 2014 $112.90 Mar 14, 2014 $10.23
Apr 15, 2014 $102.67
May 15, 2014 $112.90 Apr 15, 2014 $9.98
May 15, 2014 $102.92
Jun 15, 2014 $112.90 May 15, 2014 $9.72
Jun 7, 2014 $103.17
Jul 15, 2014 $112.90 Jun 7, 2014 $103.15
Jun 20, 2014 $9.75

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