30 installments • 13%
lam Eucabeth Wariwa, born and raised in Migori County. I was the 5th born in a family of eight. My parents were peasant farmers and I learn't business from them as they used to send to the local market to sell farm produce when they were busy harvesting. My early years of schooling were really hard and I didn't manage to reach grade eight! I dropped out from school due to teenage pregnancy and after this, I got married. I and my husband relocated to Mbita town, where I have stayed to date. My husband died three years ago from HIV/AIDS related complications and I was left alone with the duty raising up our six children.
My first born has completed High School and will join College later this year if funds becomes available. My last born will sit for final primary education examination this year. The other four children are in high school. I am fully engaged in my business of selling tomatoes, a times I do two to three jobs a day to make ends meet.
I do participate in women economic advancement programs that aims to raise funds and re-loan among members., This is what has kept me afloat inspite of many financial constraints that I and my family goes through.
l believe with Zidisha l will be able to realize my dreams since they offer affordable loans
I have been in this fresh on -farm produce sale business for the last 10 years, I do buy tomatoes from nearby farms and sell to my customers at Mbita market. I decided to venture into this since tomatoes sell like hot cake and most customers like it . My biggest challenge is how to sustain my customers during dry season. It requires a higher capital to travel to get tomatoes. I wish to see myself owning a green house to produce vegetables throughout the year.
When your offer me Zidisha loan l will be able to introduce onions, kales and cabbages and increase the stock of tomatoes in my business
I am seeking a loan of KES 9,130 to be used as follows;
- Purchase 90kgs of onions at a cost of $30,
-Purchase one sack of kales at a cost of $10,
-Purchase 40 cabbages at a cost of $15,
-Purchase two crates of tomatoes at a cost of $45,this loan will help me to be efficient by ensuring the customers get all they need for cooking in one place hence increase in profit margin by 30% in the 1st month and continue to grow my business. The loan will enable me to meet my family obligations and repay the loan on time in order to seek more loans as the interest is very very low and it's customer-oriented loan.
May 4, 2015
Cost to entrepreneur
Service fee: $3.75
Eucabeth opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.