76 installments • 38%
My name is Esbon Kiptum fron Eldoret Town , I was born in the year 1987 in Uasin Gishu County in Rift Valley Province in the republic of Kenya.
I went to Kidiwa Primary in 1992 to the year 1999.And due to lack of School fees I stop there, I did go to high School.
Then latter After I was given some little money from my father and I started backing Mandazis (Bans) Which I am doing until now and it is a good wok, it is paying if a good capital is invested.
As I said before After drop out of School my father gave only 100KES and I started Backing Mandazi and started selling to my customers.
From my tribe or community where I come from, every male child after you have been circumcised and you drop out of School then, you must steal at least 5 cows from another community is when you are counted a man in the society of which I opposed and was sent way without being given my share of land as a son in the community.
I am now married and I have 2 children ,All of them are Boys .
All my two children want to be teachers if grow up.
My hobby is ridding the Donkey in my free time in the evening.
I am selling Bans or in our local language known as Mandazi to my customers.
These good is so important and are in demand because every house hold uses it at least once a day.
I chose this kind of Business because I took the statistic of the people using Mandazi in this area per day ,then I concluded that there is ready market for the product.
My typical cost and revenue 18,000KES.
This is how I use my profit that I get from my Business .
1.School fees for my children 5,000KES
2.Reinvestment to grow the business 1,000KES.
3.Home improvement is 6,000KE.
4.Church activities is 1,000KES
When given this loan amount, I will be able to buy 1. Fifteen bales of wheat flour at the cost of 14,000KS which is equivalent to US$ 140, 2. Liquid oil at 240KS per litre for fifty costs12,000KS equivalent to US$120 3. Sugar 10KG at 1060 4. Baking powder at 2400KS equivalent to US24.
This will increase my interest and enable to expand my business and improve my standard of living. I will be very grateful for the trust bestowed on me by you lenders.
May God bless each and everyone of you the good work you are doing at Zidisha.
Jun 18, 2016