220 installments • 82%
My name is James Opany. I am 43 years old having been born in Mombasa City which is the second largest city in Kenya. Mombasa is a port city and my father used to work at Kenya Ports Authority as a clerk. He later retired and went back to Western Kenya which is his rural home. By then was all grown up and I had cleared my college education and I decided not to follow him to his rural home.
I trained as an accountant after my secondary eduction and luckily got a job as an accountant in a local auditing firm. I worked there for about 10 years and then the company closed down. With my terminal benefits, I decided to set up a business selling food products such as sausages, eggs, chicken as well as soft drinks.
I am married with two kids aged 16 and 9 years.
I deal with sale of food products such as sausages, eggs, chicken as well as soft drinks. I get my supplies from Farmers Choice who are the leading processors of these products in Kenya. I got to know them well because they were our clients at the auditing firm that I was working for before it closed down.
I make daily sales of about $60 with a daily profit of about $12. I use this money to support my family and for business expansion. Despite the relatively good sales volumes, I go get some challenges since there are many competing needs for the money generated by the business and this makes expansion very difficult or even replacing faulty equipment.
I started rearing chicken two years ago and the business has proved to be a huge success since I sell the poultry products from this lot. I however want to expand this area so that I may produce enough birds to sell at the outlet.
For this reason, I need a helping hand in form of credit and I feel Zidisha is a perfect partner in my endeavor due to their friendly loan terms.
Three months ago, my old electronic weighing machine broke down. This is the machine that I use to weigh chicken and I like it because it is accurate and fast. I reverted to using an even older type of beam balance which is very slow to use and not very accurate. This has slowed my work and my clients complain a lot due to slow service.
A new electronic weighing machine will cost me around $90 and it will make a big difference in the way I serve my clients. Kindly consider funding my loan.
Jan 9, 2015
Cost to entrepreneur
Lender interest: $100.16 at 2.98% annual rate over 4 months = $1.16
Service fee: $1.44