Entrepreneur
Name
Sarah
Member since
December 2014
On-time repayments
96 installments • 47%
About Me
My name is Sarah Wanjiru, . Wanjiru was born in Malaba near the Kenya – Uganda border where my parents worked. Malaba is a small busy town where there is a lot of cross border business and there are many travellers at any given time.
I was educated up to secondary school and later did a course in Clearing and Forwarding. I later did a course in computer applications. I grew up helping my parents in their daily chores.
After my education, I got married to a man who lived in my neighborhood but we later re-located to Mombasa to start a business there.
I am a mother of two children aged 12 and 3 years old.
My Business
Mine is a joint venture with my husband. We deal with selling of herbal medicines which are widely used in Kenya as alternative medicine. They are preferred by a good number of people because they are affordable and have no side effects as compared to conventional medicine.
We source or raw materials from Nairobi, and neighboring countries. The base material for most of our products are nettles, aloe vera , garlic eucalyptus etc. Our products control many conditions such as common colds, blood pressure, boils, tonsillitis, malaria etc.
We are fully licensed by the Government of Kenya to undertake this business. We make a profit of about $450 per month and this is what sustains the family. I am hoping to expand my business in future by opening more branches in the neighboring towns so as to maximize my profits.
Loan Proposal
This is my second loan application to Zidisha, having being loaned in December last year. This was my first loan ever and it gave me a feel of how taking and repaying a loan fells like. Through this loan, I have come to realize that for faster and meaningful growth of my business, I need such credit.
I am going to spend money from the second loan in the following ways:
1. Purchase base material for making the herbal medicines at $160
2. Buy packaging and marketing materials at $70
This will go a long way in sustaining my growth momentum that I have been experiencing since taking the first loan.
Thank you and kindly consider funding this loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$231.00
Date disbursed
Mar 9, 2015
Repayment status
On Time
Projected term
5 months
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