Purchase fresh fruits and build structure for my kiosk

Pamela Aoko

Nyamanga Village, Kenya

100% repaid

Entrepreneur

Name

Pamela Aoko

Member since

May 2015

On-time repayments

144 installments  •  21%

About Me

I am Pamela Aoko, a widowed lady and mother of eight children. I am a grandmother of three beautiful granddaughters. I grew up in a polygamous family, my father had four wives and my mother was the 3rd wife. My parents were peasant farmers with very limited income. I and my siblings (girls) did not get chance to pursue education past primary education and most of them dropped out in grade 5 and below.

I had a very hard life in my childhood as my father discriminated girls from going to school and he only educated his sons. I got married at the age of 17 as a 1st wife since I did not want to get married in a polygamous set-up. My husband died 4 years ago and left me with eight children to take care. This hardship since my husband was not employed and was a peasant farmer too, I decided to start a small business to support my family and that is how I started a grocery kiosk in Nyamanga Village of Mbita Sub County.

I am involved in peer support group for widows in my community as a chairperson, I do counsel with them and advise them to start small income generating activities that could help them avoid irresponsible behaviors leading to sex and contraction of HIV/AIDS among other sexually transmitted disease that has threatened survival of future generations of Africa. living with my brother's children ,they are orphans and were left in my hands.

My Business

I am in the business of fresh fruits and green vegetables buying and selling. My products are; bananas, oranges, paw paw, green maize, beans and watermellon but my main product that I buy and sell in bulk is green grams followed by beans. During harvesting season always I stock green maize of upto US$ 400 and beans US$200. I stock these products during harvesting season because during this period farmers do sell them at throw away price then treat to preserve and store for two to three months and sell when the price had increased by 70% giving a profit of almost 60%.

My business is profitable though we cannot expand due to lack of capital that serves to thwart my efforts in timing and scaling up. The prices of grains are always down during harvesting . If I get Zidisha loan, I look forward to repaying in time so that I can qualify for more bigger loans from ZIDISHA to enable me expand and grow my business.

Loan Proposal

I am seeking a loan of KES 9,134 to enable me improve my fresh fruits and grains stock as follows;

-Ksh. 5,000 to purchase oranges, pineapples, watermelons, sweet melons, and bananas. These fruits form my stock base, as students come to my stand during break time and lunch time.

-Ksh. 2,000 to erect a stand where my customers will be relaxing as they partake in the fruits. The cash will be used to purchase timber, nails, and iron sheets.

-Ksh. 2000 to purchase pioneer maize seeds to plant at the end of May and early June. Pioneer maize seeds are drought-resistant and yield very high.

I look forward to repaying the loan in time and seeking more loans to expand my business.

Show original English  

About Me

I am Pamela Aoko, a widowed lady and mother of eight children. I am a grandmother of three beautiful granddaughters. I grew up in a polygamous family, my father had four wives and my mother was the 3rd wife. My parents were peasant farmers with very limited income. I and my siblings (girls) did not get chance to pursue education past primary education and most of them dropped out in grade 5 and below.

I had a very hard life in my childhood as my father discriminated girls from going to school and he only educated his sons. I got married at the age of 17 as a 1st wife since I did not want to get married in a polygamous set-up. My husband died 4 years ago and left me with eight children to take care. This hardship since my husband was not employed and was a peasant farmer too, I decided to start a small business to support my family and that is how I started a grocery kiosk in Nyamanga Village of Mbita Sub County.

I am involved in peer support group for widows in my community as a chairperson, I do counsel with them and advise them to start small income generating activities that could help them avoid irresponsible behaviors leading to sex and contraction of HIV/AIDS among other sexually transmitted disease that has threatened survival of future generations of Africa. living with my brother's children ,they are orphans and were left in my hands.

My Business

I am in the business of fresh fruits and green vegetables buying and selling. My products are; bananas, oranges, paw paw, green maize, beans and watermellon but my main product that I buy and sell in bulk is green grams followed by beans. During harvesting season always I stock green maize of upto US$ 400 and beans US$200. I stock these products during harvesting season because during this period farmers do sell them at throw away price then treat to preserve and store for two to three months and sell when the price had increased by 70% giving a profit of almost 60%.

My business is profitable though we cannot expand due to lack of capital that serves to thwart my efforts in timing and scaling up. The prices of grains are always down during harvesting . If I get Zidisha loan, I look forward to repaying in time so that I can qualify for more bigger loans from ZIDISHA to enable me expand and grow my business.

Loan Proposal

I am seeking a loan of KES 9,134 to enable me improve my fresh fruits and grains stock as follows;

-Ksh. 5,000 to purchase oranges, pineapples, water mellons, sweet mellons, bananas. These fruits form my stock base as students come to my stand during break time and lunch time.

-Ksh. 2,000 to erect a stand where my customers will be relaxing as they partake the fruits. The cash will be used to purchase timber, nails, iron sheets.

-Ksh. 2000, I will use to purchase pioneer maize seeds to plant end May and early June. Pioneer Maize seeds are drought resistant and yield very high.

I look forward to repaying the loan in time and seeking more loans to expand my business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

May 18, 2015

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $3.75

Pamela opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

J

Jason

New Jersey, United States

N

nitram

Stockholm, Sweden

S

SeeBiscuit

Reston, United States

T

Tallago3

Munich, Germany

Zidisha

Sterling, United States

B

briansedz

Canton, Ohio, United States

J

JoeSolar

Virginia, United States

P

pignolet

zurich, Switzerland

D

dpvidal

Eindhoven, Netherlands

M

mueba

Frankfurt, Germany

G

giova

Padova, Italy

D

dajja

Stockholm, Sweden

M

misaheat

United States

Paul Buchheit

Mountain View, United States

L

luckiestmonkey

United States

Mun

Orlando, FL, United States

A

afrakhan

United Kingdom

S

satheajay

United States

K

Kebrenagast

New York, United States

EightRiversCapital

Stamford, Ct, United States

Andrew267

Birmingham, United Kingdom

P

ppokcire

United States

D

Differick

Netherlands

RJ

Ryan J Cotton

United States

Michelle

Sydney, Australia

J

Joe

United States

E

Erich

Zurich, Switzerland

Fabian Linzberger

Vienna, Austria

JD

Jo Dane

Melbourne, Australia

K

Kane

United States

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