Name
Margaret
Member since
August 2013
On-time repayments
24 installments • 38%
I was born in 30th March , 1993 in Eldama Ravine constituency Baringo county, I later joined my primary school in Maji Mazuri Roman Catholic primary school and finished in 2006 and joined Flamingo secondary school in Nakuru County and completed my secondary in the year 2010 I later joined South Eastern University College (SEUCO) Kitui branch and did my Diploma in education. I attend Solid Rock fellowship church which is located at kenlands near (shabab) Nakuru town approximately 1km from Nakuru town. Currently I stay in Shabab estate near P.C.E.A medical centre approximately almost a kilometer form Nakuru town.
I operate a single shop located at Ngata 7 kilometers from Nakuru town I have been operating it for the last two and a half years. I sell fast moving food stuff which present a ready market. I also sell cereals such as Maize, Beans (all types) peas, kamande and Maize flour. I buy the cereals during harvesting season from the shamba when they are very cheap and then dry them, treat with pesticides to avoid piercing by the weevils to maintain their quality awaiting the higher prices. Cereal business is profitable because most of the families use them as a staple food and therefore it has a consistent demand through the year. The competition is not high because I buy the cereal during harvesting season when it is very cheap and sell them at a fair price. My customers are learning institutions who provide lunch programmes to the students i.e. primary schools, secondary schools who buy in large quantities, I use expenses of 150,000 in a month to cater for transport, rent, electricity, purchases and pesticides and have an average of 200,000 a month.
I really thank the zidisha team for having faith and trust in me, may God bless you all, I will utilize the amount advanced to me to add on stock because this being the harvesting season for beans in Nakuru and Maize in some parts in Njoro town approx 7kms I will take advantage of the funds I have been advanced and buy cheap maintain the produce and sell at a good price. This will increase my earnings and hence increase my profits.
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Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Aug 12, 2013
Repayment status
On Time
Projected term
10 months
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