David
Mbita Township, Kenya
9% repaid
Name
David
Member since
April 2015
On-time repayments
73 installments • 10%
I am a 41 year old man married with five children, two boys and five girls. I grew up in a very loving and caring family. My parents were responsible, caring, loving and responsible though very poor and couldn't manage to raise school fee to support my High School education.
Having dropped from school at a tender age, I started selling used plastics by the roadside to clients from the local community especially fishermen who were using them as buoyance in their fishing nets. My parents struggled to take care of us and being the eldest child, I had to support them on a daily basis through taking care of my siblings at home as they went out into the farm to plant and grow food.
After I got married we decided to lease part of my parents land while living on the rest of it in order to save the money for the start of the business. Now my two children are in high school, and I pay their school fees.
Mbita community is a cosmopolitan area and there's different cultural practices but commonly respect is paramount.
Having dropped from school in the year 1987, I started the plastic selling in 1993 and later on expanded to include sale of fruits, e.g. bananas, oranges, and peanuts. I conduct business in front of Hospital compound, by the roadside in Mbita Town. I start selling in the morning around 8:00 A.M and finish at about 9:00 or 9:30 P.M. I run this business full-time in order to generate enough funds to help me meet my basic needs and often those of my family in terms of food, health care, and clothing. When I heard my community leader (Kennedy Onyango) talk about Zidisha Microfinance, I immediately saw an opportunity to increase my business using interest free loan that ZIDISHA lenders supports. I look forward in repaying the loan on time and taking in more loans to support my business.
I am seeking a loan of KES 18,024 to buy fresh fruits (mangoes, avocadoes, oranges, pineapple and pawpaw) for sale in my food kiosk in Mbita Open Air Market. This loan capital if injected into my business, the profit ration will grow by 30% and the business will expand so fast to reach break even point.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$187.00
Date disbursed
Jul 13, 2015
Repayment status
Late
Projected term
15 months
Other loans
Ask David a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.