Loan to expand my grocery store

Esther Wanjiru

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Esther Wanjiru

Location

Mombasa, Kenya

On-time repayments

337 weekly installments  •  86%

About Me

My name is Esther Wanjiru and Kenyan citizen. I am a teacher of English and English literature. I am a second born in a family of five. I was born in Kiambu county Kenya where I went through my primary school education then secondary school. I later joined Kenyatta University where I took a course in Bachelor of Arts and later a post graduate diploma in Education. I later got employed as a teacher and posted to Mombasa County where I am still teaching.
I am a mother of two young children.

I started a business in 2010 to supplement my salary since I had difficulties in meeting my many expenses such as rent, school fees for my children, transport e and also helping out my ageing parents back home. I run a general shop where I sell common household items like flour, soap, sugar etc. I also sell cooking gas in cylinders. I also started a money transfer business (M-pesa) within the same establishment. I rely on two workers to run the business since I spend most of time in school where I work.
I am a go-getter, focused and very ambitious woman. I believe in integrity and hard work.

My Business

As stated above, I run a three in one business – the main one being the shop where there is a steady flow of shoppers who buy goods worth anything from $0.5 to $20 per shopper. I also sell gas cylinders in quantities of 3kg and 13kg at a retail price of $7 and $26 respectively. I also do a money transfer business (called M-Pesa locally) where I serve about 60 clients daily.
The three departments give me a net profit of about $650 per month – after paying the rent, other bills and salaries.
My business requires heavy investment for buying stock especially the gas section. I sometimes fail to cope with the demand of the gas cylinders since my stock gets depleted very fast especially during the end-month when most workers get paid. I have decided to join Zidisha to access credit which will enable me to build up my stock as this will bring satisfaction to my customers.

Loan Proposal

Ever since I borrowed my first loan with Zidisha, my business has grown by leaps and bounds. This unprecedented growth has come with some challenges. The space where I run my grocery business is now too small due to increased volumes of sale items. Fortunately, my neighbour who runs a similar business has opted to retire and he has offered to let his premises to me.

The budget for occupying this bigger space is as shown
1. Goodwill $300( it is a common practice in Kenya to compensate the previous occupier for building a client base who presumably will continue patronizing the business)
2. Fittings and branding $350
3. Enhanced security – grill doors and quality locks $300
4. Purchase of an extra refrigerator $300

All these items are crucial for the success of my ambitious venture. I also intend to hire an extra worker to cope with the anticipated increased sales volumes. I humbly request you lenders to support me in this continuing success story. Thank you.

Feedback

4

None

None

  • hteba    Jul 10, 2016

    All repaid on time - thanks and good luck!

    Log in to reply • Share
  • Susanne    Feb 25, 2016

    Very good experience. Pay back always on time or even early. Thank you very much, Mrs. Wanjiru, and all the best for your business!

    Log in to reply • Share
  • MrMichigander    Aug 13, 2014

    Everything early or ontime, great communication, would lend again

    Log in to reply • Share
  • Leonardia    Aug 6, 2014

    Paid on time, even early, without any trouble. I would lend again.

    Log in to reply • Share


Loading...

Lenders

Anna Hoad

Toronto,  Canada

Arjan Geven

Vienna,  Austria

alecors

Mexico,  Mexico

Eduardo

Sorocaba,  Brazil

ujgih

Germany

Humble Bundle Community

San Francisco,  United States

carlos vendrell

Barcelona, Spain,  Philippines

mysterry

Saint Lazare De Vaudreuil,  Canada

mepster

San Francisco, Ca,  United States

ads68

Melbourne,  Australia

Matching Fund

Sterling,  United States

Zidisha

Sterling,  United States

Andrew267

Birmingham,  United Kingdom

Michelle

Sydney,  Australia

Cathy

Melbourne,  Australia

EightRiversCapital

Stamford, Ct,  United States

sderickson

Berkeley, CA,  United States

Garry Tan

San Francisco, California,  United States

pvilliger

Zurich,  Switzerland

thoru

Dresden,  Germany

Shen Ge

Houston,  United States

DLarson

Morris,  United States

dust

Seattle,  United States

Darcy

Ottawa,  Canada

Martin Ward

Leicester,  United Kingdom

KieranB

Ireland

Insomnus

Cheltenham,  United Kingdom

Kallwejt

Warsaw,  Poland

AKWatson3

Norwalk,  United States

ToddTho

World Wide,  United States

LouisB

ZIDISHA,  Mozambique

Hoops

United States

Grant Xavier Storer

Seattle, Wa,  United States

Vesa

Helsinki,  Finland

geotrog

Sydney,  Australia

Paul Buchheit

Mountain View,  United States

camden01

Connecticut,  United States

MalcolmL

San Francisco,  United States

markpearson

Portsmouth,  United Kingdom

Zal0m0n

Atlantis!!!! x),  Mauritania

Padrino

Kilkenny,  Ireland

JTShorty

Gorham, Maine,  United States

Winona

Yakima,  United States

Muslim

Riyadh,  Saudi Arabia

rhagen

New York,  United States

fairspirit

Utrecht,  Netherlands

VALEK

Canberra,  Australia

Quentin

Toronto,  Canada

rasmus

Bern,  Switzerland

Boysenfam

Boulder,  United States

DavidRisstrom

Melbourne,  Australia

CharlieBfl

Vaduz,  Liechtenstein

beverly

Vancouver,  Canada

Susanne

Freising,  Germany

RebeccaNie

Palo Alto,  United States

Raoul72

Naarden,  Netherlands

evinpa

United States

DeanDropshot

Oslo,  Norway

snapcore

--,  United States

F

FSO

Canada

K

Kebrenagast

New York,  United States

J

Jennifer

Minneapolis,  United States

M

me.iulian

Iasi,  Romania

MJ

Matt Jenkins

United States

E

Erich

Zurich,  Switzerland

I

irela

United Kingdom

S

Sven

Netherlands

P

ppokcire

United States

B

blahblah

Nuernberg,  Germany

D

dpvidal

Eindhoven,  Netherlands

S

stevetanner

Geneva,  Switzerland

S

springa

United Arab Emirates

C

chrishol

United States

M

mason243

Denver Colorado,  United States

T

Tmann

Los Angeles,  United States

J

Jason

New Jersey,  United States

N

nitram

Stockholm,  Sweden

S

snowcrystal86

New York,  United States

S

SeeBiscuit

Reston,  United States

C

cgrumboski

Atlanta,  United States

C

CanadianMom

Toronto,  Canada

T

taiti123

Singapore,  Singapore

T

Tallago3

Munich,  Germany

B

BRTHVL

Hendersonville,  United States

R

rmacaw

Australia

B

briansedz

Canton, Ohio,  United States

J

jjonas

berlin,  Germany

B

Bavarian

Bavaria,  Germany

J

jasonbronowitz

Tempe,  United States

C

chrisherron

Chicago,  United States

F

farwest

Alamo,  United States

E

Ethan

Middleburg,  United States

J

JoycaLeplae

Gent,  Belgium

D

duckdork

De Forest,  United States

B

Bernhard75

Vienna,  Austria

J

JoeSolar

Virginia,  United States

J

jeremy

Chicago,  United States

B

BClay

Campbell,  United States

H

hteba

Northwich,  United Kingdom

I

ivanill

Lansing,  United States

S

silsley

Cheltenham,  United Kingdom

K

Klemens

M,  Germany

D

dannimw

Victoria BC,  United Kingdom

B

bek88

Fairview,  United States

A

Andrew22

Hopewell PA,  United States

L

lawngnom3

Boerne,  United States

BF

Bob Fitzjohn

Fontvielle, Monaco,  Yemen

G

Goldrivermob

Gold River,  Canada

E

erlingre

Sør-Fron,  Norway

H

Harmony

Cleveland,  United States

R

rohbear

asheville,  United States

V

Volpone

Geneva,  Switzerland

L

LenoMetus

Perth,  Australia

B

Badass78camaro

Mohnton, Pa,  United States

B

BearLa

Indianapolis,  United States

H

Haavard

Bergen,  Norway

G

giova

Padova,  Italy

G

GanSatya

United States

B

BobHope

United States

C

Csquared

United States

D

dajja

Stockholm,  Sweden

H

HoseB

San Francisco,  United States

D

DCLending

United States

T

tlbtlbtlb

United States

I

ianmc

United States

P

phantomdiver

United States

D

dm151

Australia

L

leumasmc

United States

D

dfreire

Portugal

D

davecas

United States

S

sarah4d2

Saint Louis,  United States

L

Leemcd

Australia

P

PeterDG

United Kingdom

L

luckiestmonkey

United States

A

araali

United States

J

JonAlec

United States

S

samanthaellen

United States

D

Desteli

United States

H

HLCharityFund

United Kingdom

R

rwebb

United States

P

pfeng

United States

R

reganbrian

United States

M

markl

Australia

I

IndianaMike

United States

R

radhapatel

United States

A

AlexH

United Kingdom

M

Marielle

United States

H

Heath

United States

A

aajmp

United States

G

gvstars

United States

A

afrakhan

United Kingdom

R

Rajendra

Jamkhed 413201 Maharashtr,  India

S

satheajay

United States

M

MarkA

United Kingdom

N

nedenchase

United States

S

smanda

United States

J

JamieRobertson

United Kingdom

M

Millie_and_Babs

United Kingdom

M

Mscov

United States

A

abdul4

Indonesia

F

frenchy

United States

M

michael0921

Fairmont,  United States

K

KendieK

United States

K

kitkat

United States

S

StefanB

Stockholm,  Sweden

S

Schwartz

United States

R

rokbe

Netherlands

P

purmar

United Kingdom

J

JessicaAna

Maputo,  United States

E

egines

United States

S

seanos

Nottingham,  United Kingdom

B

bwmoore

United States

P

Pinkhobgoblin

United Kingdom

B

brothasmith

United States

P

PeterSpencer

United Kingdom

R

rchissom

United States

A

andreab

United States

P

Pragathi

United States

J

Jack123

United States

S

SuzanneD

United States

C

cwbreaux

United States

KM

Kirsty M

United Kingdom

PH

Phil H

United States

R

ras

Germany

MY

Moe Yoshioka

United States

D

David

United States

P

pombo

United States

D

Doug

Baltimore,  United States

M

Maggie

Australia

Show all

Loan Info

Disbursed amount

$1,335.01

Date disbursed

Jan 13, 2015

Repayment status

On Time

Projected term

14 months

Cost of loan

Lender interest: $1,335.01 at 5.47% annual rate over 14 months = $89.48

Service fee: $1,335.01 at 5% annual rate over 14 months = $81.80

Ask Esther a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...