Name
Esther
Member since
April 2013
On-time repayments
10 installments • 30%
iam a single mother having two kids jenifer,and abel having finished form four with no money in our family to go on with studies i decided to venture into food business of selling cereals ..i use the money to give the best education to my kids knowing that its the only inheritance i can give to my kid.my father is a farmer but doing it in SME case and my mum is a house wife..i got 3brothers and four sister, i use the profit saving alittle and the rest to surport my kids education..i started the business of selling cereals to the locals because i saw that most of the clients,ie women go long distance to look for cereals in the afternoon and in the evening so i decided to take advantage and bring services more to the customer and in returning creating self employment.
I have a small scale business selling cereals and green-growser..am the sole proprietor of the business..having been in the business i have been able to master all the experience gained and the challenges encountered made me able maintain and build customer relation and being the one having selling my goods at a reasonable price has made my business popular amongst my competitors. the business is profitable because i have been taking my goods from a retailer at a cheaper price making me also to adjust my prices a little bit .. risk involved are the stiff competition but am equally matching with it.
Monthly stock--ksh60,000
sales --ksh90,000
profit --ksh30,000
expenditure ksh7000
saving --ksh23,000
i want to thank the almighty God for granting this opportunity in finding his fever and the fever of man through the zidisha team and the lenders in giving me this wonderful opportunity in bringing me on board in matters of getting loan from zidisha and becoming one of your members..i will use the loan in upgrading my business in matters of bringing more stock to my business of selling cereals so as i spoil my customers and clients with variety of products...and come payment period to have established my business to a more stabalized mode to ensure smooth and effective payment to my loan
Positive
None
Neutral
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Negative
1
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 27, 2013
Repayment status
Late
Projected term
10 months
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