Name
Salome
Member since
April 2014
On-time repayments
107 installments • 67%
INTRODUCTION
I am a married woman with one child in primary school, class 8. I went to school and finished my secondary education in 4th form. I did not go to college due to lack of fees. My challenge was how to start life because I did not have any income.
I decided to begin some small business; after having worked casually and saved some money, I took a small loan and began a business next to where I was staying in Huruma. Amazingly, GOD blessed my business and it grew very fast. I bought a plot next to where I was staying so that I could maintain my customers.
My business is 7 years old now. It has helped me to support my family and meet the needs. Even my relatives go to school, especially my sisters. It was 2 days ago when I learnt about Zidisha and I was given an invitation. Hence, I decided to get the web and apply, because my Facebook was just for friends linking, but now it will help me get a loan.
My hobbies include listening to gospel music. I am a flower gardener and I like doing it when I am free. Adding value to nature is my joy.
My Business Proposal
My business is a shop that deals with household items like sugar, fat, flour, soaps, salt, etc. My customers are the residents of Huruma Estate. They have known me for many years, so they have confidence in my business. My customers therefore trust me and I have a lot of favor.
My main source of goods is Nakuru. I buy them from the wholesale, then I come to retail. My daily sales are 1500/= profit after deductions of expenditures. My monthly income therefore is 45000/=after deductions. My shop is well-stocked. I have a vision of beginning a supermarket by next year.
My challenges are that sometimes my customers take goods and they don't pay in time. My revenue in terms of costs are license, transport tax, paying the watchman my monthly restocking the shop.
I would like to add M-Pesa to my business so that it can boost my business. My next loan I will use to buy float of M-Pesa to assist me in getting higher income in my business. Most of my neighbors in my estate have to walk long distances to go and get M-Pesa services. I will have a very big advantage because I don't have a competitor. Since the demand is very high, I will be able to repay my loan better. That means per month I will be able to add 7000/= which means 80 US dollars on my current rate. My business then will increase by adding more interest to my business, hence my living standard will improve.
I will buy house hold iteims that are on demand in my shop that is cutlery spoons cups thermos flasks all kithchen equjpments this will cost me kes 10000 which is 100 dollars the balance of 2000kes I will use to renew my licence of 2018
.INTRODUCTION;I am a married woman with one child in primary school class 8 . i went to school and finished my secondary education in 4th form .i did not go to college due to lack of fees, my challenge was how to start life because i did not have any income .i decided to begin some small business after having worked casually and saved some money i took a small loan and began a business next to where i was staying in huruma .amazingly GOD blessed my business and it grew very fast. until i bought a plot next to where i was staying so that i could maintain my customers . my business is 7 years now it has helped me to support my family meet the needs and even my relatives go to school especially my sisters .it was 2 days ago when i learnt about zidisha and i was given an invitation hence i decided to get the web and apply because my face book was just for friends linking but now it will help me get a loan my hobbies include listening to gospel music i am a flower gardener i like doing it when i am free adding value to nature is my joy
my business proposal; my business is a shop which i deals with household i items like sugar, fat, flour,soaps salt etc my customers are the residents of huruma estate they have known me for many years so they have confidence in my business my customers therefore trust me and i have a lot of favor my main source of goods is nakuru i buy them from the wholesale them i come to retail my daily sales are 1500/= profit after deductions of expenditures my monthly income therefore is 45000/=after deductions my shop is well stocked i have a vision of beginning a supermarket by next year . my challenges are sometimes my customers take goods and they don't pay in time my revenue in terms of costs are license,transport tax,paying the watchman my monthly restocking the shop I would like to add m-pesa to my business so that it can boost my business my next loan i will use it to buy float of m-pesa to assist me get higher income in my business most of my neighbors in my estate have to walk long distance to go and get m-pesa services .i will have a very big advantage because i don't have a competitor since the demand is very high and i will be able to repay my loan better that means per month i will be able to add 7000/= which means 80us dollars on current rate my business then will increase by adding more interest to my business hence my living standard will improve .
I will buy house hold iteims that are on demand in my shop that is cutlery spoons cups thermos flasks all kithchen equjpments this will cost me kes 10000 which is 100 dollars the balance of 2000kes I will use to renew my licence of 2018
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$125.00
Date disbursed
Mar 17, 2018
Repayment status
Late
Projected term
6 months
Other loans
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