I will use my third loan as an additional capital to buy more beads and hire more one labour force to make more beads.i...
Ruth
Nakuru Town Jb Teachers, Kenya
19% repaid
Entrepreneur
Name
Ruth
Member since
May 2013
On-time repayments
110 installments • 19%
About Me
I was born in kapsara village in Kitale County, in a family of five. My father is a teacher in a government school and my mother is a business woman attended kapsara primary school and later joined kitale secondary school. Am an Advanced level student from Tororo girls academy, a holder of Bachelor of Arts from Makerere University and a certificate holder of Information Technology. Currently am working as junior supervisor in kinaba evans group of business situated in Nakuru and Nyahururu town. Am single lady I attend AIC church in JB teachers. I engage in bead work most of my time of my off shifts
My Business
I started my business while I was in campus four years ago; I have been making beads that are necklaces, rings, ear rings, bungles, pulses and hand bags. I buy raw materials from Kampala and Masai market in Nairobi Kenya. This business has a very high demand especially the young people and the inhabitants of big towns in Kenya. I don’t not operate a fixed shop because my customers are widely spread in Kenya towns such Nairobi Masai market and Ngala market where I normally sell my products during market days I also sell my products to hawkers in Nakuru who are so many. At the moment I have not been able to satisfy my customers due to inadequate funds to hire workers to make beads. I have a high number of customers over my competitors due to the uniqueness of my beads and also I use very genuine materials to make them. If I get zidisha loan which is very friendly and fair I will be able to start hiring women with skills and increase my output. In a month I use approximately KES 40,000 and make sales of approximately KES80,000
Loan Proposal
Thank you so much zidisha team, my lenders and Mr. Njuguna Sammy Nakuru VM for the great assistance given to me. I invested my second loan wisely and got more returns than even I expected. I have established more reliable customers who are demanding more beads than before. I will use my third loan as an additional capital to the my savings to buy more beads from Dubai where there are very cheap compared to other sources I get from. I will also hire one more person (labour force) to increase the volume of output. i will then sell these beads to the University burzar in Kampala Uganda. i have a big market that i will sell my products and be able to repay back my loan very first
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$888.00
Date disbursed
Jan 20, 2014
Repayment status
Late
Projected term
24 months
Other loans
Lenders
Southampton, United Kingdom
Glen Spey, United States
Dayton, OH, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$209.65
Amount remaining
$887.66
Expected completion
Jan 18, 2016
Status
Repaying late
Installment amount
$10.55
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 27, 2014 | $10.55 | Jan 27, 2014 | $10.55 |
| Feb 3, 2014 | $10.55 | Jan 27, 2014 | $0.04 |
| Feb 3, 2014 | $10.52 | ||
| Feb 10, 2014 | $10.55 | Feb 3, 2014 | $7.13 |
| Feb 10, 2014 | $3.42 | ||
| Feb 17, 2014 | $10.55 | Feb 10, 2014 | $2.46 |
| Feb 15, 2014 | $8.09 | ||
| Feb 24, 2014 | $10.55 | Feb 15, 2014 | $0.14 |
| Feb 24, 2014 | $10.41 | ||
| Mar 3, 2014 | $10.55 | Feb 24, 2014 | $0.18 |
| Mar 2, 2014 | $10.38 | ||
| Mar 11, 2014 | $10.55 | Mar 2, 2014 | $0.21 |
| Mar 11, 2014 | $10.34 | ||
| Mar 18, 2014 | $10.55 | Mar 11, 2014 | $0.01 |
| Mar 17, 2014 | $9.88 | ||
| Mar 25, 2014 | $0.66 | ||
| Mar 25, 2014 | $10.55 | Mar 25, 2014 | $9.93 |
| Apr 2, 2014 | $0.62 | ||
| Apr 1, 2014 | $10.55 | Apr 2, 2014 | $10.55 |
| Apr 8, 2014 | $10.55 | Apr 2, 2014 | $0.59 |
| Apr 7, 2014 | $9.96 | ||
| Apr 15, 2014 | $10.55 | Apr 7, 2014 | $1.80 |
| Apr 15, 2014 | $8.75 | ||
| Apr 22, 2014 | $10.55 | Apr 15, 2014 | $0.04 |
| Apr 27, 2014 | $10.52 | ||
| Apr 29, 2014 | $10.55 | Apr 27, 2014 | $7.13 |
| May 7, 2014 | $3.42 | ||
| May 6, 2014 | $10.55 | May 7, 2014 | $10.55 |
| May 13, 2014 | $10.55 | May 7, 2014 | $0.14 |
| May 28, 2014 | $10.41 | ||
| May 20, 2014 | $10.55 | May 28, 2014 | $10.55 |
| May 27, 2014 | $10.55 | May 28, 2014 | $2.21 |
| Jul 6, 2014 | $8.34 | ||
| Jun 3, 2014 | $10.55 | Jul 6, 2014 | $10.55 |
| Jun 10, 2014 | $10.55 | Jul 6, 2014 | $3.46 |
| Jul 8, 2014 | $5.65 | ||
| Jun 17, 2014 | $10.55 | ||
| Jun 24, 2014 | $10.55 | ||
| Jul 1, 2014 | $10.55 | ||
| Jul 8, 2014 | $10.55 | ||
| Jul 15, 2014 | $10.55 | ||
| Jul 22, 2014 | $10.55 | ||
| Jul 29, 2014 | $10.55 | ||
| Aug 5, 2014 | $10.55 | ||
| Aug 12, 2014 | $10.55 | ||
| Aug 19, 2014 | $10.55 | ||
| Aug 26, 2014 | $10.55 | ||
| Sep 2, 2014 | $10.55 | ||
| Sep 9, 2014 | $10.55 | ||
| Sep 16, 2014 | $10.55 | ||
| Sep 23, 2014 | $10.55 | ||
| Sep 30, 2014 | $10.55 | ||
| Oct 7, 2014 | $10.55 | ||
| Oct 14, 2014 | $10.55 | ||
| Oct 21, 2014 | $10.55 | ||
| Oct 28, 2014 | $10.55 | ||
| Nov 3, 2014 | $10.55 | ||
| Nov 10, 2014 | $10.55 | ||
| Nov 17, 2014 | $10.55 | ||
| Nov 24, 2014 | $10.55 | ||
| Dec 1, 2014 | $10.55 | ||
| Dec 8, 2014 | $10.55 | ||
| Dec 15, 2014 | $10.55 | ||
| Dec 22, 2014 | $10.55 | ||
| Dec 29, 2014 | $10.55 | ||
| Jan 5, 2015 | $10.55 | ||
| Jan 12, 2015 | $10.55 | ||
| Jan 19, 2015 | $10.55 | ||
| Jan 26, 2015 | $10.55 | ||
| Feb 2, 2015 | $10.55 | ||
| Feb 9, 2015 | $10.55 | ||
| Feb 16, 2015 | $10.55 | ||
| Feb 23, 2015 | $10.55 | ||
| Mar 2, 2015 | $10.55 | ||
| Mar 10, 2015 | $10.55 | ||
| Mar 17, 2015 | $10.55 | ||
| Mar 24, 2015 | $10.55 | ||
| Mar 31, 2015 | $10.55 | ||
| Apr 7, 2015 | $10.55 | ||
| Apr 14, 2015 | $10.55 | ||
| Apr 21, 2015 | $10.55 | ||
| Apr 28, 2015 | $10.55 | ||
| May 5, 2015 | $10.55 | ||
| May 12, 2015 | $10.55 | ||
| May 19, 2015 | $10.55 | ||
| May 26, 2015 | $10.55 | ||
| Jun 2, 2015 | $10.55 | ||
| Jun 9, 2015 | $10.55 | ||
| Jun 16, 2015 | $10.55 | ||
| Jun 23, 2015 | $10.55 | ||
| Jun 30, 2015 | $10.55 | ||
| Jul 7, 2015 | $10.55 | ||
| Jul 14, 2015 | $10.55 | ||
| Jul 21, 2015 | $10.55 | ||
| Jul 28, 2015 | $10.55 | ||
| Aug 4, 2015 | $10.55 | ||
| Aug 11, 2015 | $10.55 | ||
| Aug 18, 2015 | $10.55 | ||
| Aug 25, 2015 | $10.55 | ||
| Sep 1, 2015 | $10.55 | ||
| Sep 8, 2015 | $10.55 | ||
| Sep 15, 2015 | $10.55 | ||
| Sep 22, 2015 | $10.55 | ||
| Sep 29, 2015 | $10.55 | ||
| Oct 6, 2015 | $10.55 | ||
| Oct 13, 2015 | $10.55 | ||
| Oct 20, 2015 | $10.55 | ||
| Oct 27, 2015 | $10.55 | ||
| Nov 2, 2015 | $10.55 | ||
| Nov 9, 2015 | $10.55 | ||
| Nov 16, 2015 | $10.55 | ||
| Nov 23, 2015 | $10.55 | ||
| Nov 30, 2015 | $10.55 | ||
| Dec 7, 2015 | $10.55 | ||
| Dec 14, 2015 | $10.55 | ||
| Dec 21, 2015 | $10.55 | ||
| Dec 28, 2015 | $10.55 | ||
| Jan 4, 2016 | $10.55 | ||
| Jan 11, 2016 | $10.55 | ||
| Jan 18, 2016 | $10.35 | ||
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