Sarah

Athi-river, Kenya

19% repaid

Entrepreneur

Name

Sarah

Member since

April 2013

On-time repayments

10 installments  •  0%

About Me

My name is Sarah Rukia, am married with three children lives at Athi-River Makadara estate.i am a business woman who is oriented and very hardworking. i own a small shop at makadara estate which involves all types of goodies that i sell which makes my customer to want more of them that includes larger quantity of goods.
the business that i have has catered for my family and children which i have managed to pay for them school fees. however in this business there is a lot of competition and it has made my business to drop due to lack of enough stocks in my shop.
during this frustration of finding loans from other sources, a friend came along and introduced me to your organization that is Zidisha, it lends loans to people like us who have businesses to improve them.
kindly i would like you to assist me in loaning my business to be able to increase my business and buy more stock to improve.
if granted the loan i will appreciate as it will impact my life.

My Business

the business of selling goods and services in a shop is very competitive thus i have decided that i need to add more stocks.
In my shop the things needed to be bought are sugar , beans, maize, rice this is because these are the fast moving items in the shop.
i would really need to buy large quantities of items that is 100kgs - 1000kgs, to make my customers to come frequently.
To keep the loan run smoothly i do keep records of the monthly income , with approximation the value is kshs.10,000 - kshs20,000 monthly.
If granted the loan i will be able to increase my products and sales and perhaps my income will increase gradually.

Loan Proposal

I really appreciate Zidisha Organization for approving the loan. This is a very competitive area and considering the amount of loan given, it is not enough to cater for the products as indicated earlier. i will be able to utilise the loan given by adding some stocks and cutting down the large quantities.i will have to buy small quantities of goods such as Rice, Beans,Maize,sanitary towels, sugar, milk among others.Instead of buying 1000kgs i will cut them to 50kgs so that the loan be able to buy more.
i really appreciate the opportunity given to be able to manage my products.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 1, 2013

Repayment status

Late

Projected term

10 months

Lenders

Sundstroms

Falun, Sweden

mewesten

Waynesboro, United States

A

Andy

Berlin, United States

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  • mewesten    Jan 13, 2014

    Hi Sarah,
    I see that you made another small loan repayment. It is appreciated.
    Hope you are well.
    Marvin

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  • analinjsaturria    Sep 15, 2013

    Dear lenders,
    Sarah has been having a hard time keeping up with her loan payment. She has however resumed repayments this week, as you've probably noticed. Her Volunteer Mentor spoke to her this week and encouraged her to continue sending repayments as her financial situation allows. One of her neighbors has reached out to us to let us know Sarah wishes to propose a new repayment schedule better fit to her current finances. Sarah is certainly in the disposition of paying back her loan so we will continue working with her in adjusting her repayment schedule to what she can manage best.
    Thanks for your continued support!
    If you have further questions, you may contact her Volunteer Mentor Josephat Bwire through the link above.

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    • mewesten    Sep 16, 2013

      Dear analinjsaturria,
      Thank you very much for the ipdate for Sarha.
      Sarah has my respect and appreciation for continuing repayments despite her difficulties. (Too many Zidisha borrowers take the easy way out and just disappear.) Please also thank her Volunteer Mentor on behalf of Zidisha lenders, and her helpful neighbors as well.
      My best,
      marvin

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  • mewesten    Sep 10, 2013

    Dear Sarah,
    Your loan payment arrived today, and I want to thank you. I think it is already your second payment.

    with the Zidisha loan were you able to add stock to your business?

    I would like to hear more about your business and also your family if you can find some time to write.

    Sincerely,
    Marvin

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  • Sarah    May 3, 2013

    Thank you Zidisha team for lending me the loan which made me increase the stock that i needed. God bless you all.

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