Peter M Wambui
294 installments • 8%
I am Married and live with my wife and my two children. I was born in 1974 and raised by a single mother after my parents divorced while I was still a toddler my mother Educated me up to Secondary School and I was forced work as manual laborer so that I may raise money continue with my college education where I managed to qualified as Account Technician. I started a business of Poultry farming and opened a shop where I sell all type of mechanized goods,Fruits and vegetables. Use my profit to feed my family to expand my businesses and assist the share the food with my needy neighbor such as those which are HIV positive and orphans. My hobbies are reading, Jugging and watching Football and advocating for Women and Children rights.
My business of Poultry farming I have about 100 birds with a product of over 3000 eggs per month which retails at Kes 10 per Egg thus giving me a total income of 30000 shillings per month.The shop gives the family income of Kes 35000 per month after payment of all the expenses . In this business the cost of transport of Goods is very high and I would like Zidisha to Finance me so that to buy a second hand delivery vehicle and A computer to track and keep records and show other literate how to operate a computer.
I will use the loan to buy a second hand delivery Van to use to deliver my purchase from the market to the shop this will help me maximize my profit as I will reduce the cost of transport and deliver my goods in the shop for my costumers on it. Due to this I will be able to sell my goods at reasonable price and tract more customers who will by my goods in big volumes hence more sales.I will be able to by directly from the Manufacturer and main dealers at a very good quantity discount and enjoy the economy of scale.It will also help me deliver animal feeds for my Poultry farming. I have planned to by a Van Kes 170000. and a Desktop computer of Kes 30000 to help me Track my business records and help me keep in touch with Zidisha and update them on my business progress. I kindly appeal from Zidisha well wisher to partner with me in this business by giving me the loan of Kes 88000 and I will top up the balance of Kes from my saving to achieve my objectives
Dec 29, 2011
Cost to entrepreneur
Lender interest: $1,000.05 at 6.78% annual rate over 14 months = $79.10
Service fee: $42.64