Storage cans for distributing milk from local dairy farmers

Stella

Nakuru, Kenya

47% repaid

Entrepreneur

Name

Stella

Member since

December 2014

On-time repayments

108 installments  •  41%

About Me

I am a 22-year old lady of Kenyan descent. I was born in a family of seven siblings and as a results my parents had hard time educating both of us but by God's grace being a first born i managed to go through my primary and secondary education. I did not get that chance to join any college due to financial pressures.
due to the demand and the pressure my parents went through in order to educate the other siblings i decided to try my luck in business so as to help them meet the many needs for the entire family members. luckily i got a relative who asssisted me with capital and i managed to open a small milk bar which really earned me some profit up to date the dairy is doing well as the customers are many . the problem am facing now is the financial pressures topurchase the freezers to cool my milk all day long due to the high demand. i also wish to expand my milk bar from a mediuml scale to large scale to enable my four year old son to go through his education to university level and achieve his dreams of becoming a doctor and also my two siblings who are almost through with their primary education proceed to higher levels.

My Business

I own a medium scale milk bar. the milk bar is the link between a dairy farmers and the milk consumer. currently i sell unprocessed milk directly to consumers but i intend to process the milk to other products when i get enough capital. currently i face challenges like lack of storage and cooling equipments. My typical costs include Ksh. 4000 for monthly rent, Ksh.5000 for daily milk supply and wage for milk bar attendant. My monthly gross profits is Ksh.30,000.

Loan Proposal

I intend to purchase milk storage cans and add up to the ones i bought from the previous loan. This is due to the increase in the demand for milk hence i plan for an increased supply. One storage can is worth $22.4 and i expect to earn a profit from the milk which will enable me meet fees payment for my kid and my siblings also.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Mar 18, 2015

Repayment status

Late

Projected term

22 months

Other loans

Lenders

sebastienrosa

Quebec, Canada

RandyPetersen1

Colorado Springs, United States

M

Marlin

-, Austria

W

WidoStar

Bad Karlshafen, Germany

C

cocolo

United States

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  • Stella    Aug 1, 2015

    thanks zidisha, my business has helped me alot in raising enough money to pay for my sibling's school fees and my son too,, with time i look forward to saving more money to enable me pay for my higher education learning. Because of the passion i have for my business i plan to apply for another loan soon after fully repaying the current one. I hope with it my business shall boom with timeand may be with time i shall establish my own milk processing industry. Thanks zidisha am happy indeed.

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  • Stella    Jul 9, 2015

    Hae zidisha, Am really sorry for delaying to pay my loan in time but this was because i had a patient to attend to and this cost me both time for opening my dairy shop and money. But since no one plans sickness i could not avade it and i thank almighty because the patient is off hospital amd is getting better. I reopened my shop on monday and the little i got i repaid my loan and even extended the repayment further by two installments. Hope u will understand my situation.
    Regards.

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  • Stella    Jun 21, 2015

    I thank you zidisha for the loan that you lend me because through it i have been able to achieve alot. I made profits which i used some to pay for my sibling's fees and the remaining i saved some so as to enable me add up to my next loan which i hope will be funded so as to buy a deep freezer for my highly demanded milk. I am glad and I thank you sincerely. When my milk bar shall be well equiped i shall post a photo of it but for now it is exactly as it appears in my profile. I love my business. Thanks zidisha.

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  • Stella    Jun 9, 2015

    Hello zidisha
    I kindly thank you for the support you rendered me and i wish to purchase a deep freezer soon after repaying my current loan and go in for another so that i can purchase the deep freezer and supply milk to other milk buyers who later sell it.
    Thank you zidisha.

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  • Stella    May 27, 2015

    Hae zidisha,
    I thank you sincerely for the funds you lend us because ut is through them i have managed to reach where i am. My business is progressing on well and for the last two weeks i was able to ake a profit of Ksh. 6000, which i used to pay for my sibling's fees and saved an amount of ksh. 2000. With the savings i make, i plan to add up to the next loan i will apply after repaying the current one fully so as to buy a deep freezer fpr my milk shop.
    Thanks

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  • Stella    May 18, 2015

    hae, i thank Almighty for this far because lot has taken place this rainy season that made many of us relocate our residences due to floods and i know by grace all shall go well. I did not loose my business though due to its place of location and i know with time it shall prosper to greater heights. Thanks for being patient for a delayed payment.

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  • Stella    Mar 19, 2015

    finally i have received the loan and I want to thank all those lenders who funded my loan. All the best zidisha team as I make use of it in purchasing the milk storage cans

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  • Stella    Mar 19, 2015

    finally i have received the loan and I want to thank all those lenders who funded my loan. All the best zidisha team as I make use of it in purchasing the milk storage cans

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  • Stella    Mar 17, 2015

    Thank you zidisha lenders for funding my loan and i will make use of it as soon as it is disbursed to me. May the same spirit move you to do the same all the time. Am humbled.

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  • Stella    Mar 17, 2015

    Thank you lender randypetersen and lender marlin for your bids. I hope for the best.

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  • Robert    Mar 16, 2015

    all the best in your venture

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  • Stella    Mar 16, 2015

    Wow! Am so happy for myself for having completed my loan repayment. I also thank all lenders that funded me a loan that i used to purchase a milk can. That enabled me make some profit and i hope to progress more once my next loan will be funded. Thank you zidisha team and may success be our motto.

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  • Stella    Feb 26, 2015

    Hae zidisha,
    Am happy and humbled because my loan repayment is progressing as expected and i look forwad to complete it soon. I appreciate all lenders for making borrowers achieve their goals, personaly i admit that mine has been successful but thats not the end but just a start. I look forwad to bigger loans to expand my milk shop. I look forwad to making it grow by purchasing milk storage facilities like deep freezers once my next loan grows. All the beat zidisha team.

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  • Stella    Jan 25, 2015

    Hae,
    I thank you all zidisha lenders for having funded my loan and indeed it has done me more good by increasing my profits. My joy can not allow me to keep quiet. I believe when i shall go in for another loan that will be aimed at purchasing the milk cooling facilities all shall go well. All the best both members and the lenders. I shall post my photos as soon as my second loan is funded because nothing much has changed for now .May you be blessed.

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  • Stella    Jan 19, 2015

    I would like to increase my loan installment amount. I have just decided to increase it because of the wonderful increase in my day to day profits. Due to the potential i have now of making higher payments, i believe this will boost me to avoid late repayments later incase of any decrease in profits. I thank zidisha for funding my first loan which has really done me much in terms of business growth. I believe that same spirit shall be of great help to enterpreneurs elsewhere who also apply for loans. Making payments as longas u can afford more than the earlier specified amount i believe will enable lenders fund more loans for those who apply and this will help reduce those cases of expired loan funds.I also urge those who are members to encourage those they trust to join zidisha and enable it grow to higher heights. Indeed many people can testify what zidisha has done to them. All the best zidisha users and may you be blest in your daily endevours and lets work for the good of one another. Thank you.

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  • Stella    Jan 4, 2015

    Hi colin passmore,
    I thank you sincerely for your quick response torwads my worry and i can now relax and wait for the payments to reflect. Be happy too and all the best.

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  • colin passmore    Jan 4, 2015

    Hi Stella, do not worry about payment not showing yet! It may take a couple of days to show on the account, especially over the weekend when banks are closed.
    Thank you and be happy, all is well...

    colin

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  • Stella    Jan 3, 2015

    I made my first payments yesterday on 3rd january but my account does not reflect the repayment. Does that mean i will have to repay again.

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  • Stella    Dec 26, 2014

    I thank our almighty God and all of you lenders who funded my loan. My business is now active and customers are having adequate milk supply now that i bought a big milk storage can using the loan. May God bless you.

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  • Stella    Dec 23, 2014

    Am humbled colin passmore for your best wishes. I hope my business will expand and grow within a short period. I wish u a merry christmass to you and your family too.. God bless you.
    From Stella

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