Rose Karanja

Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Rose Karanja

Member since

December 2011

On-time repayments

56 installments  •  59%

About Me

I am a single lady living with my younger sister and brother. We live in Ongata Rongai. I am a form four leaver, i sell building materials such as sand, building stones and ballast. I started the business to support my younger siblings in education after our parent passed on in 2005.I have been doing small business in ongata rongai for the last ten years. I have experienced running small enterprises and i have now moved to construction.with the previous loans from zidisha i have been able to expand my business and now i am able to take large projects.the loans have been of much help and i am planning on opening a small retail shop

My Business

My business involve buying materials in large quantity and selling them to people at their local disposal. my business is situated in a developing area making it preferable to others that are far from the construction site. The business is profitable because i deal with non-perishable goods and there is nothing to lose though sales delay. The business makes sales of ksh 50000 per month where ksh15000 is a profit.

Loan Proposal

I will buy additional stock of building materials.Sand,Ballast and hardcore with this loan i shall be able to buy one lorry full of each item.

Feedback

14

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$357.24

Date disbursed

Jan 30, 2012

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $357.24 at 2.13% annual rate over 12 months = $7.61

Service fee: $12.47

Lenders

rebecca

Chapin SC, United States

N

nani

austin, United States

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

G

Givemoreuseless

Waterloo, Canada

E

Elisabeth

Hove, Belgium

PaulE

Cockeysville, MD, United States

W

Witlof

Tsukuba, Japan

O

okane

Espoo, Finland

NhinSD

San Diego, United States

Joellen

Boulder, United States

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