Name
Kadzo Kaphunza
Member since
March 2013
On-time repayments
12 installments • 67%
My name is Kadzo Mumbo Kaphunza,a widow with three children left with.I live in Mtomondoni village in Shimo la-tewa sub-location in Mtwapa location in Kikambala division IN kILIFI COUNTY.I sell water at my home area.I'm a class seven leaver.I started this business basically to earn a living and to assist my children continue with their learning.I purchase various items from the earnings of my business such as pipes,keys,rubber-bands,glue,tough-bond,sub-massive machine,plastic-containers,hack-saws,ropes etc.I also buy medicines,food,vegetables,fuel,pay for school fees for my children etc.Its my great hope that if Zidisha loan me will dig deep my bore-hole and do proper piping for more water to increase my income.
My business is selling water.This business provides selling of tape water to customers from a bore-hole at a stationed place.There is demand of this business because in our area there is yet a well constructed fresh-water/salt-water tape water systems,therefore people fetch water from private bore-holes.My customers prefer to my business because I sell to them at a fare price.The business is profitable because 1000liters gallon of water can be sold in a day at ksh:2000/= Risks that face my business is power black-out and machine failure.My typical monthly income is ksh:40000/= and my monthly expenditure is ksh:25000/= and therefore my profit is ksh:15000/= of which can repay Zididsha comfortably.
If given the loan will use it to buy new tapes and its keys to minimize the water loss and to improve the tape performance so that I improve my income.Some of the things that will also pay attention on are the water containers for water storage either for present times or for future use.To start with will find the second-hand containers if at all the brand new will be extreamly expensive.This will help me hit the terget for the year.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 1, 2013
Repayment status
Late
Projected term
12 months
Greensboro, United States
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