Alice Wakonyo

Rongai, Nakuru, Kenya

100% repaid

Entrepreneur

Name

Alice Wakonyo

Member since

August 2010

On-time repayments

45 installments  •  49%

About Me

I am Alice Wakonyo Mwangi aged 43years living at Rongai waka estate. i’m single with 2 wonderfull daughters. as a single woman I experience so many difficulties especially after the death of my husband in our early years of our marriage it has been very difficult for me to raise the children alone especially their education.
As days went by I decided to start a small business in 2004 of a small shop using a small capital of 4,000 sh that I was lent my father in law. Within an year my business had picked and I had saved 15,000 sh as profit. I ploughed back the profit and I could afford to pay for the fees of the two daughters who were in school. It was well untill 2008 during the post election violence that affected the country and mostly our area Rongai and I lost about sh.50,000 some of my properties were looted e.g weighng machine of weighinng consumer goods ; 50 loaves of breads and three crates of sodas .Some of my clients also dIssapeared with huge debts and they were finally resettled in other areas of kenya as internally displaced persons (IDP).

My Business

My business is a mini supermarket located at Waka centere at the junction of Rongai Visoi and worker Tavot road I get very many customers because the business is strategicaly located and my prices are low for an ordinary Mwananchi( citizen). My shop is a multiporpose one and I also stock other local goods such as plastic shoes playing cards and scatch cards.
The business has helped me alot that if I can get any aid to boost it can be more better. I do sell 5 bundles of wheat flour,50kg suger and 90kg maize meal a day.the estimated daily Sales are 12,000 to 15,000 that makes a total of 70,000 to 105,000 a week. The annual income is approximately 60,000 to 80000.
I also give the service by taking some item to the homes of my customers that need a faster means of transport all the same I use bicycle to transport the goods.I have two assistant who i pay 300 sh a day. They always report early at 7a.m arranging thing in order weigh sugar, rice, fat, maize floor and later transporting goods to the customers. Their evening offtime is always at 5p.m.
I am always happy with the bussines, as it has been my life. It has helped to develop,educate the children, have builed me a home and assisting my aged parents.

Loan Proposal

I will use the money to increase my inventory as follows : soda 20000,wheat flour 25000,sugar 35000,cooking fat and oil 20000 and other things like sweets chocolate,salt juice will have to be bought with the remaining amount the reason as to why i have decided to buy a huge stock is because at the moment ,commodities are being sold at low prices but with time the prices will hike as we are approaching the months which have more celebration events and thus people will be required to buy more goods to satisfy their wants but due to high prices the will not able to do it, so am intending to capture more customers as i will not increase prices for the commodities.i hope my loan will be funded .thank you in advance

Feedback

11

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,337.58

Date disbursed

Nov 5, 2012

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $1,337.58 at 5.29% annual rate over 12 months = $70.95

Service fee: $46.79

Lenders

AWOL

USA, United States

K

Katpjotr

Sint-Maria-Oudenhove, Belgium

B

Bizu

Berlin, Germany

C

chkuo

Taipei, Taiwan

YB Song

Seoul, Republic of Korea

G

Gastao

Covilhã, Portugal

L

lmuenchen

Munich, Germany

aarongabrielson

Heber City, United States

T

taiti123

Singapore, Singapore

Andrea

Bergamo, Italy

P

paulo1

Aptos, United States

A

Anonymous2

United States

rodcul

Altea, Spain

Krtecek

Balzers, Liechtenstein

Crestwood

Hamburg, Germany

TheMoonDuster

Brisbane, Australia

tasos

hove, United Kingdom

S

Snake707

Somewhere, Germany

Paul Buchheit

Mountain View, United States

Ask Alice a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Sammy Kanja    May 15, 2014

    Dear lenders,My names are sammy kanja.Thanks very much for given this opportunity to serve our community.Today i manage to call Miss. Wakonyo and we had negociation regarding her late in repayment .My advice to her was how she will overcme the situation .later she she promise to take action tnm this mauer.action to reschedule he

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  • Kjartan    Feb 15, 2014

    Hi Alice,

    Would you please give us an update on how your business is doing? Hope all is well!

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  • Alice Wakonyo    Nov 20, 2013

    I would like to thank all of you (Zidisha Group) and especially my lenders for the continued Trust and confidence you have shown me over the past three years. Thank you for funding my loan. Your help will go along way in bringing up my standard of life and those around me. Thank you again and God Bless you.

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  • mewesten    Oct 29, 2013

    Hi Alice,
    Respectfully asking, I don't understand why you're requesting new loan funds, when you made eight months of payments last month on your prior loan.
    Thank you. marvin

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  • Snake707    Sep 17, 2013

    Dear Ms. Wakonyo. Thank you for the repayments. It's nice to see that you are on track again! :) Best wishes for the future.

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    • Alice Wakonyo    Sep 18, 2013

      Thanks to Zidisha org and all the lenders and family. you have really been great partners in the growth of my business. i sincerely appreciate your support. i would like to borrow even more now than i've cleared my outstanding loan with you in a lump-sum. this just shows things have become better for me. i feel great already. thanks to you all, once again

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  • tasos    Dec 19, 2012

    No problem. Next month is fine.

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  • Katpjotr    Dec 18, 2012

    You have always been paying correctly in the past, so take care of your daughter and start next month. She is the most precious you have. I hope she get well soon!

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  • Alice Wakonyo    Dec 18, 2012

    I have not been able to pay my loan as i had promised.my daughter had been sick,and so i spenti alot in hospital , and still not working well because ofgiving her attention. I only apologise to all my lenders and ask a favour of starting to pay next month

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  • Alice Wakonyo    Oct 20, 2012

    Thankyou katpjotr for being my first lender..you have been with me from the beginig and still you and still you are with me. God bless

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  • Alice Wakonyo    Oct 18, 2012

    I would like to thank all the bidders who funded my loan last time for enabling me to achieve what i had targeted,this enables me to pay the remaining part of my loan in one installment, i am till requesting you to fund it once more so that i can manage to accomplish my next goals. thanks and God bless you

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  • Alice Wakonyo    Jul 18, 2012

    I have been silent since November last year after losing my password but thanks to the Director Julia K. am able to post again. My business is going on well but I experienced some challenges a few days ago after burglars broke into my shop and stole a substantial amount of cash and some goods. They broke in through the roof which is of iron sheets when it was raining heavily and I could not hear them but came to the realization of it in the morning when I went to open my shop. I reported the matter to the concerned authority and I repaired the damaged roofing. The other challenge has been the transportation of goods from the main town Nakuru to our area due to the poor road caused by the heavy rains that we are currently experiencing in our region. I am updating by profile picture to the current state of my business.

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  • Ishaque    Nov 28, 2011

    Hi Alice,
    I agree with Katpjotr that raising the proposed loan interest amount to 2 to 3% will ease in getting this loan funded more quickly; the actual bid close date for this loan is today 11/28/2011. Raising the amount is also important since all other active loans on Zidisha right now have a repayment period of 12 months or less, while your loan is 18 months.

    Thanks.

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  • Katpjotr    Nov 16, 2011

    Hello Alice, I financed part of your loan last time. I am surprised to sea a proposed intrest of 0.00%. If you could propose a reasonable intrest of for instance between 2 and 3%, then I could finance again. I am convinced that you will have your loan financed a lot faster.

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  • Alice Wakonyo    Nov 11, 2011

    Happy New Year my lenders,
    I have been busy during christmas holiday and i wish you have been enjoying the holiday am happy that my business have picked alot after giving me another loan. All what i can do is to pray God and also to bless you abandantly through out this year, May God bless you

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  • Alice Wakonyo    Oct 2, 2011

    i am always grateful to you leaders and always pray the almighty God to bless you.
    i've completed to settle my balance. As i had requested in my last profile, things have changed alot in the country. all commodities have gone up in a high speed making the business hard to corporate and give out the best service.
    I'm asking you to give me from ksh 2000 and with the best interest.Thanks in advance.

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  • Julia Kurnia    Sep 22, 2011

    Dear all,

    I'd like to share the following message, which Ms. Wakonyo sent to us by email today:

    Its my great pleasure to have you as my promoters. I am so grateful for your assistance that I really don't know how to reward you. You come came to my life when I was so desperate, frustrated and I was feeling to have been finished. Following the post violence in 2007/2008, people were displaced and run away with the debt, the stock left was looted.
    After I came jionly with Zidisha my life had been relieved. I followed the procedures and after a period of 2months I was with my kshs. 50,000 that I am almost to clear. Comes as a surprise because my sales had been so down due to the shortage of enough varieties of goods.
    The first thing was to change motorbike from a bicycle to make work easier. It has helped alot and I have regained my lost customers and also cash in has gone up.
    I have been happy with the I have been paying my loan because it's with favorable interest.
    I have been paying even more than what was needed.
    Though, I am very sorry for not sending any comments because my business in an interior place where its hard to get accessible to computers hence I am happy and I appreciate your great assistance.
    what i can request is when giving me another chance please add as much the amount and with the best interest. there have been a lot of changes in the country, all the commodities has gone up into to double, and has cost the business hard to co-operate and supply each and everything.
    Once again to you Zidisha you have been my strength and my hope.I love you and may God bless you.



    Kind Regards

    Alice Wakonyo

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  • Alice Wakonyo    Nov 15, 2010

    my business is doing well.Iam anticipating greater sales around decenber because of holidays such as jamuhuri day(12dec when Kenya became a republic) and christmas, boxing day ,and new year day that are around the corner. At that time people use items such as sodas ,bread,cooking fat and airtime in large quantities.Iam sorry for failing to communicate to you frequntly but this is because Ian in a remote village where internet facilities are not common.IAM HAPPY BECAUSE OF ALL ZIDISHA LENDERS AND MAY GOD WHO SEARCHES THE INNER HEARTS OF PEOPLE BLESS YOU ABUDANTLY .I WISH ALL LENDERS A FRUITFUL AND PROSPEROUS HAPPY NEW YEAR.

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