Ann

Manyani, Kenya

51% repaid

Entrepreneur

Name

Ann

Member since

August 2013

On-time repayments

44 installments  •  14%

About Me

Am a Kenyan citizen aged 26 years. 1 am a mother of two children a girl aged ten years and a boy aged two years. My home is located along Nakuru Eldoret road at Ngata Brige area around five hundred metres from the road. I completed my form four education and started doing business so as to support my family. my shop is located at the road on the ngata stage just 50 metres from the road. this is a very strategic place that assist me to capture most of the customers since it is a busy are.In my business sell different types of grains such as beans, maize ground nuts and other types. I always make some good profit of around ten thousand shillings per month. the earning that i get from my business, i use them to up keep my family whereby i pay the fees of my children and also buy more stock so as to expand my business

My Business

I operate a poultry and selling of cereals goods business located in Ngata bridge along Nakuru-Eldoret highway in the outskirts of Nakuru town. One year ago I realized the business of egg selling and cereals selling business that was growing at a very high rate. I did my own research and I realized that the egg suppliers used to go very far to pick the eggs and distribute them to the retailers. They could go as far as Subukia and Dondori. That’s when I decided to venture into the business of poultry keeping and eggs selling.
I started in a small way and realized the demand for the products was increasing because I gave my clients products with the same price as they would get if they went to the previous destinations. This saved them time and other costs. This was demanding to them because they incurred less transportation cost than going to the previous places (subukia and dondori). I have managed to attract and retain more customers throughout the years, due to the availability of the desired products at all time.
Currently I sell eggs, cereals and even started keeping a small chicken for meat. It has been my desire to expand my business more to sell more and more eggs and expand my broiler rearing but it has been difficult due to inadequate finance. Also I would wish to improve my service delivery to satisfy my increasing number of customers. Lately I have been attracting customers from different parts of Nakuru including many from Mauche and Mogotio. In a good month am able to make sales revenue of approximately KES 10,000 and during peak seasons the sales increases to approximately KES 15,000. I incur monthly expenses of approximately KES 10,000 Inclusive of electricity labour, feeds and rental fees for my cereals goods. if i get the loan i will use it to expand my business so that i can stock more stock especially now that is harvest time i can buy more of the grains around in a cheaper price. this will assist me alot and if i manage to increase my income i will increase the poultry rearing as well.

Loan Proposal

I would like to thank the zidisha family for this opportunity that they have given me to improve my business. This is a harvest season in mauche, Elburgon, Molo and its environs.Dry maize is sold cheaply at this time. A 90kg sack of dry maize is being sold at KES 2000.in Elburgon and Mauche. It is costing KES 2500 in Nakuru.To transport one sack of maize from those regions to Nakuru is KES 100. There are so many lorries traversing this region thus transporting the stock will not be a problem. I have already made an agreement with a certain food store dealer in town and he has agreed that i supply him with maize at KES 2500.I will be supplying 10 bags of maize daily. In this case my profits per day will be KES 4000 per day. On average i can make KES 100,000 per month. I intend to use the loan from Zidisha to buy maize stock This will assist me to boost my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 23, 2014

Repayment status

Late

Projected term

10 months

Lenders

A

Anninymouse

Southampton, United Kingdom

AWOL

USA, United States

L

Lemon

Switzerland, Switzerland

B

Bavarian

Bavaria, Germany

T

tonilends

catalonia is not:, Spain

J

JoeSolar

Virginia, United States

S

Sasha

California, United States

F

Flemming

7430, Denmark

K

kosatka

Slovakia

V

Volpone

Geneva, Switzerland

T

TodaRaba

Tacoma, United States

R

RohitSingh

Montreal, Canada

L

liseman

United States

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