I want to add more beehives

Moses

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

August 2011

On-time repayments

303 installments  •  92%

About Me

i am a kenyan citizen aged 46, married , educated, running a shop at Mburu Gichua shopping centre and also works as a part time teacher. i have been in business for the past 11 years and i have learnt some important business skills such as customer retention strategies. In this connection, my goals in business have been to please and satisfy my customers. One way of doing this is by ensuring that all the goods that my customers need are available. Thus I find Zidisha as an extra help in doing my business and Zidisha loans really help me to add stock so that I retain as many customers as possible. This way, i improve my business by ensuring that the combinations of the goods my customers need are available and in large supply.

My Business

my business is located at Mburu Gichua Shopping centre, i have been in the business for the past 10 years specialising in selling of fresh milk and milk products. i would like to expand my business for the same by buying a medium sized deep freezer. my work capital is currently seventy thousand shillings(ksh 70000). daily net profit is ksh 1000

Loan Proposal

After realizing some profit of Kshs. 10000 from the milkbar business, I have invested in bee keeping and i have already bought three beehive using the profit and planted a hundred seedlings/trees. one beehive costs Kshs 3000 and my aim is to add them to up to 20 beehives. This loan will help me to add six beehives at a cost of approximately Kshs 18000 and the remaining balance will be used in adding more trees to support this kind of farming. Hone is harvested after every six months and there is ready and great demand of honey in the local markets. One beehive produces approximately five kilograms of honey while one kilograms is sold at Kshs. 300. The main problem is the low production am experiencing with only three beehives. If I can be able to produce more, I will be able to compete with other major producers in the market.

Feedback

11

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$232.00

Date disbursed

Jun 20, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Brian

Midhurst, Canada

J

jjonas

berlin, Germany

T

the0bauman

Hillsboro, United States

ads68

Melbourne, Australia

gseletko

South Perth, Australia

D

DavidJSmu

North Attleboro, MA, United States

Sarasota

Sarasota, Fl, United States

M

marymarrs

North Bend, United States

Matthieu

Switzerland, France

markpearson

Portsmouth, United Kingdom

Matching Fund

Sterling, United States

Vesa

Helsinki, Finland

D

DStateDDB

United States

Sputnik

Switzerland

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  • Moses    Mar 12, 2018

    Due to the already ongoing drought the amount obtained from most if our businesses is very small. I hope to increase the installment amount immediately the businesses start making reasonable profits from increased sales. Thanks in advance.

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  • Moses    Oct 13, 2017

    Thanks alot for your continued financial support.

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  • Moses    Oct 14, 2016

    The loan will assist me to buy a deep freezer as well as a refrigerator to enable me to start a hotel. Thanks for your continued financial support.

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  • Moses    Oct 10, 2016

    thank you for your continued financial support.

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  • Moses    Jan 7, 2016

    the previous loan has assited me in the construction of a semi permanent store which i use to store the cereals the i am currently engaged in. thanks so much for your continued financial support.

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  • Moses    Oct 6, 2015

    thank you for your continued financial assistance. i am glad to be associated with you.

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  • Moses    Jul 22, 2015

    I have been in a position to raise my standards of living as well as of my family through the fund obtained from your loans. My business has improved greatly as I am now in a position to make three times the profit currently. My only worry is that my base credit limit has not been increasing even though I have been making the payments on time. I am sure if it increases I will be in a position to make more profits as well as engage in other activities that will help me earn income. Thank you very much.

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  • Moses    Jul 22, 2015

    I received Kshs. 19982 on Saturday. I will buy the construction materials which I will use to construct a one room semi permanent store to store cereals that I am currently engaged in. Thank you very much for your continued financial support.

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  • Moses    Jul 16, 2015

    I want to buy the building materials of constructing a semi permanent store to aid in storage of the cereals that I am currently engaged on buying and selling. Thank you for funding my loan and I look forward to continue working with you. May the Almighty God bless you abundantly.

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  • Moses    Jul 3, 2015

    i thank you for your financial support.

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  • Moses    May 25, 2015

    I received your loan and my business is doing well. Thank you very much for your financial assistance.

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  • Dennis Furr    Nov 11, 2014

    Sir, your early repayment combined with my normal repayments has permitted me to help another 6 people in Kenya with their businesses. Thank you.

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  • Dennis Furr    Oct 26, 2014

    I would be grateful to see a photo of your chicken coop and birds when it's complete. Best of luck Moses.

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  • Brian    Jul 9, 2014

    Moses, I see that you are several months ahead of schedule in your repayments. Thank you! This allows me to lend to other people who need loans.

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  • Moses    Dec 16, 2012

    torelizer you look great in that photogragh. Tuko pamoja(" we are together" in kiswahili a local language)

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  • torelizer    Dec 14, 2012

    thank you Moses, I wish you good luck for your business and all!

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  • Moses    Dec 13, 2012

    Myrar and Torelizer, God bless you.

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  • Moses    Dec 11, 2012

    Hi lenders. To you Ginoir, Daniel, Sundstroms, Peaceandlove and Igdisplay, kudos. To others who are planning to bid for me, am grateful for your intentions. God bless you all.

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