Maize and beans for sale

Lydia

Embu, Kenya

100% repaid

Entrepreneur

Name

Lydia

Member since

September 2016

On-time repayments

192 installments  •  53%

About Me

My name is Lydia Wanja. I am a business lady. I am vibrant, hardworking, diligent, trustworthy and very ambitious. I believe in the saying; The sky is the limit.

The schools in the area are good business partners. I visit them often to collect orders and supply. The main meal for most schools is Githeri (maize and beans). Consumption for these two products is very high.

I believe that with the help of lenders from Zidisha I will achieve my dreams. Right now, the demand is high for cereals.

My Business

I deal with cereals; buying from farmers and selling to institutions. Very good profits are realized when supplies are in high quantities. Therefore the need to seek funding to expand my business.

The last crop season was not very good. The rains failed and very little harvest was realized. The little that is available is a little bit expensive. That is the more reason why I need more money to buy before the prices go up higher than they are.

Waiting for long will not be helpful since the supply might go down. The demand will be high. This is the best time to buy stock in large quantities and keep. I will release them to the institutions slowly by slowly. Other times I will visit the market on specified days to sell what is in demand.

Loan Proposal

I will buy ten tins of maize to add to my business and resell later next month. Farmers are willing to sell a tin for Ksh 50/-.
I would have expected a higher loan amount given that I have contributed to the members loan fund for close to 3500/-

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 19, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$5.20

Amount remaining

$0.00

Date repaid

Oct 20, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 29, 2017 $0.99 Sep 29, 2017 $0.99
Oct 6, 2017 $0.99 Oct 6, 2017 $0.99
Oct 13, 2017 $0.99 Oct 13, 2017 $0.99
Oct 20, 2017 $0.99 Oct 20, 2017 $0.99
Oct 27, 2017 $0.99 Oct 20, 2017 $0.99
Nov 3, 2017 $0.25 Oct 20, 2017 $0.25

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