Kadzo

Mtomondoni, Kenya

92% repaid

Entrepreneur

Name

Kadzo

Member since

March 2013

On-time repayments

12 installments  •  67%

About Me

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

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 1, 2013

Repayment status

Late

Projected term

12 months

Lenders

Cordula

Cologne, Germany

J

jjonas

berlin, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

L

laurashearin

Greensboro, United States

F

flaguy999

Tampa, United States

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