34 installments • 65%
Am a lastborn in a family of six, a sales agent at African Finance Business, a diploma holder in hotel and hospitality and a green grocer owner.
My childhood was largely a quite affair, though fullfilling.
My biggest dream was always to venture into business.
From funds borrowed from family members and friends, I was able to start up a green grocer.
Growing up in a family and region which relies on farming inspired me to look around for opportunities which i could harness from farming.
Starting a green grocer was the result of this.
My hobby has always been cooking
My business involves retailing fruits and vegetables.
Food being a basic commodity means that my products are always in demand.
I chose to venture into this business because foodstuffs are always in demand irregardless of the season.
My typical costs include:
Wages for my sales girl-$87.5
While my business generates an income of $250.
I usually re- invest most of the profits into the business.
With this loan i will increase my stock from $250 to $325.
This loan will increase my business profitablity by atleast 25%.
This represents a profit margin increase by $62.5
As a result customers will now be able to find additional supplies and variety.
Mar 5, 2015
Cost to entrepreneur
Service fee: $2.59
Lilian opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.