Zidisha |

Benson

Kiptangwanyi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Benson

Member since

March 2012

On-time repayments

84 installments • 24%

About Me

I am married with 2 children who are all schooling. I live in Kiptangwanyi shopping center which is about 43km from Nakuru town. I live in plot number 12A. I have a cereals shop in the shopping centre. My y cereals shop is known by many of my customers and thus this makes me to consistent customers in my business. I am able to purchase cereals in large quantities and as well as sell the same to my customers in large quantities. I also supply cereals in neighbouring shopping centers such as Kongasis, Jogoo and Munanda.

My Business

My business entails the sale of cereals in the shopping centre. The business is marketable and the demand for these product that I sell is very high within this area. The main challenges that this business are poor transport, drought and high prices of commodities that is usually accelerated by drought. This area of Kiptangwanyi is a semi arid area and sometimes the climate becomes so harsh such that nothing does well. At this time the business is usually negatively affected and the revenues goes down. Sometimes there is shortage of water which also highly affects the business. I hope that the loan that I will get from Zidisha microfinance will make me be able to improve the situation of my business.

Loan Proposal

I salute you all lenders New Years greetings. Hope you are all fine. Thank you for an opportunity to loan withe Zidisha. I would like to use thia second loan that I will get from Zidisha to buy more maize. At this moment the price is good for maize and the harvest was good thus the market is high and I need high capital in order to purchase more maize at this time.