Kiptagwanyi Kenya, Kenya
34 monthly installments • 50%
am married with 3 children who are all schooling in a nearby public school called muriricua primary school. i live in kiptagwanyi trading center in plot no 34. the center is located about 43 kilometer from nakuru town, and in this plot is where i have a shop and cereal store, the money i get from the shop i buy cereal and the lest i save for the future of my children education. my business is stable here at Kiptangwanyi and the service that I do offer to my customers make them come back to my business every day. I wish to extend my services to even more customers and wish that i will be able to expand my business far much better than the current situation. A loan from Zidisha will be very helpful and it is my sincere hope and prayer that I will be able to get a loan from the organization.
my business entail in general shop and cereal in this trading center, my shop is located in a place where there is a road going to the a.i c church along kiptagwanyi, kongasis road, so many people from mashambani and before thy reach stage and if he or she dosent want to go in the center prefer to buy what he or she want in my shop. and many people like this season of harvest don't want to be seen selling bean, prefer to sell to me and enter in the center with money without any body knowing . and then came to my shop and buy thing in after finishing talking to people in the center, from where i am to the center is about 100 meter , the business is profitable and the demand of my product is high in this place, the main challenge is poor transport high price of commodity which is accelerated by drought in this area.
i will add stock in my shop, and because at this time it is harvest time, i will also add cereal stock in my store . some of the money will boost my cereal business and in that case i will make profit in my shop and in cereal so that when i add the profit from shop and cereal i will be able to pay my loan in time and without fail.
Aug 21, 2012
Cost to entrepreneur
Lender interest: $498.61 at 2.68% annual rate over 12 months = $14.33
Service fee: $26.73
Upon joining Zidisha, Rahab paid a lifetime membership fee of $8.86.