Joseph
Eldoret, Kenya
100% repaid
Name
Joseph
Member since
November 2015
On-time repayments
83 installments • 11%
My name is Joseph I grew up in Eldoret, Kenya. Am third born in a family of six.I went to the city to look for employment where i am.i was forced to stay in the slum where life is affordable where i am to date. I have been doing casual works until 2014 when i started my business where am fully occupied in Eldoret town.
It has not been easy for me all this time through supporting 8 siblings 6 of whom are my late brothers'.My dream for the future is to have my own home that will accommodate my family and help my siblings see them through life where they will be independent. I hope this loan will help my business to expand and to able to be able to pay school fees for my kids. My family will prosper financially and educationally with this loan.
I specialize on selling tomatoes on a retail price. As a need in the community where tomatoes are scarce in this type of business where by as the only business i felt people will come more with the idea of selling more. Other sellers also joined in and i specialize with tomatoes only.
I started this business because of its uniqueness in specialization as well as making profit to support my family.
My biggest challenge is the season which changes and sometimes the price fluctuating. In a good day i make profits of upto $80 - $90 which i use to expand my business more and feed my family.
In future i want to be supplying in large scale to the community members and am proud off.
Given the loan together with my savings i will add stock of 30Kgs of tomatoes@KES 12,000
This stock will give me a weekly profit of US$30 x 4 = 120US$ per month. This is a profit increase of 60%. The loan from ZIDISHA will enable me to expand the business and repay the loan on time while meeting my family financial needs.
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Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 17, 2015
Repayment status
On Time
Projected term
2 months
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