Lender Interest: $916.93 at 5.05% annual rate over 18 months = $69.46
Service Fee: $916.93 at 5% annual rate over 18 months = $68.77
Total Loan Cost:
$69.46 + $68.77 = $138.23
Upon joining Zidisha, Dorcas paid a lifetime membership fee of $10.08.
The cost paid to join Zidisha is only paid once and entitles Dorcas to raise an unlimited number of loans at zero interest. Learn more
I live in Kiptangwanyi shopping that is about 43km from Nakuru town. I live in my own piece of land which is plot number 581. I have a business of selling clothes at the shopping center.
I am a businesswoman at Kiptangwanyi shopping centre. My business entails selling of clothes in the shopping centre.
The main challenges that this business encounter are lack of enough capital to expand the business, high cost of living that reduces consumers purchasing power and porr transport systems.
I would like to add more add more stock to my business premises.