Increased charcoal stock

Elizabeth

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Elizabeth

Member since

January 2013

On-time repayments

320 installments  •  74%

About Me

My name is Elizabeth Wambui, born in 1978 in Nakuru County in the Rift valley. I am a second born in a family of four. I underwent my primary education in lower solai in nakuru and later joined Lake Nakuru secondary School. I am single with two children one who completed her secondary education in the year 2012. I started selling Charcoal in Kiserian in Nairobi, then I was selling charcoal to kiserian town residents. Later I relocated to Kitengela where cost of operation was low. From my previous charcoal business, I was able to purchase a plot in Nkoroi area near Kiserian and constructed four room residential houses. I have rented this rooms though they are are still incomplete therefore the rent income is abit low. However they have been of great importance to me since I was able to educate my daughter up to form four level. The income from my business was also used for family upkeep and helping my parents back home. I also have interest in farming and have been doing it in my home place where i have rented a 1 acre of land in bahati nakuru and have been planting wheat and tomatoes and the returns are encouraging.

My Business

The main product i sell is Charcoal. The demand for charcoal here is on the rise since its affordable to the population around. With a group of about three, we hire a lorry that transports the product rom Narok where we obtain the the charcoal at a lower price. Charcoal is sold in bags and a bag goes for Ksh. 700 from the supplier. the same bag I sll it at Ksh. 1500 minus Ksh 150 per bag that I pay for transport. this brings a profit of about Ksh. 650 per bag. I also sell the same in small quantities and this is where its more profitable than selling in whole sale. A bag may result to about Ksh 2000 when sold in small measurements. In a good day, I can sell up to five bags while in other days i can selljust one. On average I do sell about bags at average of Ksh 1000. This translates to an average income of about Ksh 40000 per month and after paying all the expenses (Rent, security, labour e.t.c) I have about Ksh 20000 which is Net profit and I use the money to pay for my family upkeep, school fees and the rest to savings account. I am not the only supplier of this product. we are about 5 in the neighbourhood and most of the time we work together especially during purchasing so that we increase our bargaining power and reduce the cost. I have my regular and permanent customers whom i even deliver the product to their homes so that to maintain a good relations and make them loyal.

Loan Proposal

With my third loan, I to concentrate much on wholesaling. Our major supplies are from Narok County, this will require adequate storage space and adequate finance to cater for both bulk purchasing and transport. Currently I have a semi permanent shed that I have been using for both retail and wholesale. I have identified a trusted person who will be in charge of retail as this is more demanding since most customers buy a bag or less.
While out there, I want to deliver as much as I can to those customers that so far rely on me. I have once delivered to far places like Limuru and Kinangop. This however can be more profitable if am delivering more bags as opposed to few since overhead costs are high. I am exploring possibility of soon delivering regularly to far places like Limuru and Kinangop and Naivasha after I obtain the licence to do so. I have confidence in this business having been in it for long and I am aware of the challenges. Also I have made several long term customers who are reliable. My future plans are to acquire own means of transport as transport costs reduce profit margins. I am hopefully that with your support, this initiative will be a success.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$794.00

Date disbursed

Jun 30, 2015

Repayment status

On Time

Projected term

37 months

Lenders

rebecca

Chapin SC, United States

J

jeffb

United States

A

agwong

California, United States

N

nani

austin, United States

P

Per

Randers, Denmark

smonroe

Stanford, United States

A

Anninymouse

Southampton, United Kingdom

Dianne

Maryville, United States

R

redhoward

San Francisco, United States

Lauren Rosenbaum

Washington, DC, United States

J

johans

Malmö, Sweden

tjm212003

Montreal, Canada

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

S

Snick

Halle, Germany

A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

C

Canlender1

Nanaimo, Canada

M

mzeb

fort myers, United States

Dymero

Manchester, United States

S

susa

Forchtenberg, Germany

C

Christian

Saarbruecken, Germany

valentin

Stockholm, Sweden

D

Daniel

Cupertino, United States

CaseySampson

Vancouver, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

Reggio Emilia, Italy

J

JonnyPrice

San Francisco, United States

M

MrMc2

Saugerties, United States

P

purina

Turku, Finland

S

SovTempest

Toronto, Canada

J

johnkinell

Stockholm, Sweden

malcolm D

grants pass, United States

C

Catolas

Kelowna, Canada

S

Spassmacher

46244 Bottrop, Germany

ken701

Lede, Belgium

bdm4a

San Fransisco, United States

J

JLewe

Atlanta, Georgia, United States

W

Witlof

Tsukuba, Japan

Dwhittingslow

Saint Simons Island, Ga, United States

T

TobyKenobi

Syracuse, United States

Umair Mahmood

Raleigh, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

Colin

Albuquerque, United States

Joellen

Boulder, United States

E

Ehaffey

Washington D.C., United States

P

patfigel

Wien, Austria

C

ColinPlatt

Montgomery Village, United States

Johnny

shanghai, China

M

manup0d

Langen, Germany

L

lumlum

Renens, Switzerland

O

Oliver

Geneva, Switzerland

B

Bpryse

Long beach, United States

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

M

m_dennis

Toronto, Canada

I

Interfree

Dubai, United Arab Emirates

petitnekomimi

Milverton, United Kingdom

galmor

Cork, Ireland

F

faical

Cologne, Germany

T

traderjohn

Baltimore, United States

Pere

Barcelona, Spain

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

G

guenter

Bremen, Germany

BJ

Brandon Joz

North Carolina, United States

Simon Thomas

Christchurch, New Zealand

OliverSouthwick

London, United Kingdom

Kysera

Crawfordsville, United States

S

scrabblelives

Nashville, United States

Jeff and Marcie

Portland, OR, United States

T

thejacobnorton

Jubail, Saudi Arabia

A

AlexCheng

Seattle, United States

P

patrickberkeley

Burlington, United States

C

chrisn

Egg, Switzerland

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

M

mgeck

Munich, Germany

A

anonymous123

United States

tasos

hove, United Kingdom

athomas

Chevy Chase, United States

SeeMeeFi

Ontario, Canada

Pascal

Gent, Belgium

amovida

Central valley, ny, United States

IA

Ismini and Jerry

Stamford, USA, United States

N

nichsafti

Menlo Park, United States

vinnio

Burlingame California, United States

ads68

Melbourne, Australia

D

DThirteen

Miami, United States

Christopher

Copenhagen, Denmark

O

Oscart

Edmonton, Canada

Bruno

São Paulo, Brazil

A

Arinelle

Toulouse, France

basicus

Cairo, Egypt

A

Andy

Berlin, United States

fairspirit

Utrecht, Netherlands

rhagen

New York, United States

Gordons28

Santa Monica, United States

bycyt

Whitefish, United States

camilberlin

Berlin, Germany

J

jquinn373

Minneapolis, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

K

kjustad

Asker, Norway

neocodesoftware

vancouver, Canada

JPadgett

Chandler, United States

isabelv

Barcelona, Spain, Sweden

D

DKross

New York, United States

iamdaimo

London, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

mojobob

Hayward, United States

dmirpuri

Bangkok, Thailand

B

BMcDermott

Washington, DC, United States

D

doroncoh

Tel Aviv, Israel

E

E

Marin county, United States

S

sgunnink

Utrecht, Netherlands

M

mibrahim51

Mountain View, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

Walterlo

West Hollywood, United States

B

BobHope

United States

Z

zvrk2014

Brookline, MA, United States

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

G

gbelote

United States

D

drorm

United States

J

Jonas

Linköping, Sweden

Jonas

Brussels, Belgium

G

geoff

United States

S

spivurno

United States

S

science4sail

United States

T

tommychheng

san francisco, United States

Paul Buchheit

Mountain View, United States

M

Michi

Switzerland

J

jay12

Germany

P

plhughes

United States

Pankratio

EastVan, Canada

K

Karpet

Faroe Islands

bb4dogs

United States

joshuacollinson

Vienna, Austria

mepster

San Francisco, Ca, United States

R

RonEddy

United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

B

bscent

Hong Kong

D

DStateDDB

United States

W

wesbh89

United States

J

JonAlec

United States

S

SaraNT

United States

I

idris

United States

J

jdelaporte

United States

T

Tim47

United States

A

AlexH

United Kingdom

dpollard

United States

K

kennychit

United States

S

SCHAC

Switzerland

E

enigmatic

United Kingdom

C

cocolo

United States

S

stryker75

United States

N

Nicolaas

Doha, Qatar

SV

sven vdk

Twickenham, United Kingdom

J

JF2014

United States

M

M.Umar

Pakistan

E

Estebanito

United States

A

adamdreaming

United States

J

JeremyR

United States

Kyle Hoback

Omaha, United States

E

Ejackson

United States

pelhage

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Michelle

Sydney, Australia

BM

Brian Mickel

United States

Dave Bogard

New York, United States

A

adam

United Kingdom

Family Mueller

Petershagen, Germany

A

AmyLuYenYin

Brisbane, Australia

One Love

Boston, United States

Jamie

Dublin, Ireland

JL

Jindou Lee

United States

Sherri Quinn

North Saint Paul, United States

SMOICE

Berlin, Germany

JC

Jane Cohen

United States

MW

Matt Willis

United States

Thomas

Basel, Switzerland

H

Hazel

United Kingdom

NF

Nina Forsberg

Sweden, Greece

EB

Erica Brescia

United States

JD

Jeff DePree

United States

Solon Brown

Singapore, Singapore

M

Mart

United Kingdom

Ask Elizabeth a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Elizabeth    Jul 31, 2019

    Will adjust upwards once I stabilise

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  • Elizabeth    May 15, 2019

    A small hitch

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  • Elizabeth    Dec 28, 2018

    I intend to pick up come Jan, I was not doing fine but am hopeful all will be well

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  • Elizabeth    Aug 30, 2018

    My daughter fell ill and has been in and out of hospital in Machakos District Hospital which has really affected me.

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  • Elizabeth    Jan 21, 2018

    Dear lenders
    I am doing fine and happy to inform you that my daughter finally graduated with Bachelor or Commerce Finance option, she now gets to the job market but I do plan to pay for her Masters Programme if all goes well. Thank you for the assistance.

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  • Elizabeth    Jul 9, 2017

    I confirm to you lenders that my loan was funded and disbursed

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  • Elizabeth    Jun 30, 2017

    Thank you for having confidence in me

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  • Elizabeth    Jun 27, 2017

    Thank you all my lenders for your support

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  • Elizabeth    Oct 14, 2016

    Dear Zidisha/Lenders
    This is to update you that I am doing fine. Your loan has gone great way in changing my life. My daughter is almost through with her University Education at Kirinyaga University college. I thank you sincerely for the assistance

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  • enigmatic    Nov 15, 2015

    Dear Elizabeth
    Thank you for your timely repayments. I hope business continues to go well for you.
    Thank you
    David

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  • Elizabeth    Jul 18, 2015

    Dear Zidisha
    I would like to reschedule my loan repayment by slightly reducing my weekly installment. This is because I would wish to be making my payments on monthly basis. This means that I want to be making payments for 5 weeks upfront, it is important to inform you that this has nothing to do with decline in my income, I will do this for the next few months then I will re-adjust to increase the figure upwards.
    Thank you.

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  • Elizabeth    Jul 13, 2015

    Dear Lenders,
    This is to inform you that my third loan was disbursed and i take this opportunity to thank you for the positive impact sp far, I will not let you down i will work hard to pay on time.
    Thank you all

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  • Elizabeth    Jun 27, 2015

    Thank you Lenders fo fully funding my loan application. This will go long way in assisting me in increasing the stock. I am looking forward for successful period. Thank you

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  • Elizabeth    Jun 20, 2015

    Dear Lenders
    Thank you all for previous loans, I made my third loan application, I am appealing for your support as you have done in the past, thank you.

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  • Elizabeth    Jun 10, 2015

    Dear Lenders
    I have made my third loan application and I am looking forward for your support. It has not been easy this time with the application since the website seemed to have problems and logging in was a problem. I managed to repay my second loan well within time and With the loan, I constructed a semi permanent storage structure which will go long way in ensuring that I have ample space therefore even stock in bulk. My humble request is to kindly ask you to fund my loan as you have done in the past. Thank you.

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  • Elizabeth    Apr 27, 2015

    Dear Lenders
    First let me thank you all for the positive impact on my life, I have made a big stride forward since my engagement with you. Thank you once more. I completed my Loan repayment some times back and so far I have not made a new application. The reason is I am still working on a plan to see exactly how my new project will be successful and determine its total cost. My business is doing well and once I have made up my mind, I will make the new loan application. Good business venture requires proper planning and thats what I am currently doing. My daughter is now headed for her 3rd year and and hopeful that she will succeed. I did not have the benefit of further studies but with her taking Bachelor of Commerce and Accounting, I take her as my advisor since she has vast knowledge. Thank you Zidisha team and all the Lenders for good work.

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    • camilberlin    May 3, 2015

      Thanks for letting us know that the loan helped! Please take your time to plan your next project and the loan application carefully. As you say, proper planing is important. When you have made your mind in the right time and come up with another loan proposal sure we will still be here to fund it!

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  • Elizabeth    Feb 21, 2015

    Dear Lenders,
    This is to thank you all for the change you made in my life. Many people have benefited with you generousity.
    I would wish to report to you that am almost through with my loan repayment, it went long way in assisting me as i was able to expand and have been going for my stock in a place called Narok where charcoal is a bit cheap. i hire a truck and this makes me have stock in bulk. My daughter is now in her Second Year at Karatina University college undertaking Bachelor of Commerce, she also does Accounting while on holiday and she is through with CPA 1 section 1 she is waiting for her results, I trust that she will pass. Rains have started here, we are hoping for an even bright future.
    Thank you so much Zidisha and thank you Lenders

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  • lftutton    Mar 23, 2014

    Hi Elizabeth,

    Keep up all your amazing hard work and good luck with all your endeavours.
    Best wishes!

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  • kmgronquillo    Mar 21, 2014

    Hello Ms. Zambui, good luck to all your endeavors and hope your family will be blessed more!

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  • Elizabeth    Mar 20, 2014

    Hello Zidisha and Lenders, I would like to reschedule my loan so that I can make one final repayment. This has been occasioned by the fact that I want to complete the loan and hopefully apply for onother one as I would like to boost my stock by increasing the same. The business is doing fine and this is the reason I want to increase or expand it.
    Thank you

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