More cereals in bulk for my shop

Lynnette Simba

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lynnette Simba

Member since

August 2017

On-time repayments

106 installments  •  53%

About Me

I'm a 37 year old mother of 3. Due to my tough family background, having no raised up by a struggling single parent, I learnt to work hard and to be focused in everything that I do. I got inspired by my late mother that there is a sure way of success and progress through entrepreneurship a part from my part time teacher in a language school.

My Business

A part from my little income from the part time 4hours teaching per day, I opened a small grocery shop in 2017, which gives me approximately $90 per week and a profit of around $30. Which is a decrease of what I used to get last year.
I therefore would like to expand my business by Opening another cereal shop in a different area, due to market demand in that particular business area.
This far, I have been able to expand my cereals shop with the profit I have made this far.
A part from that, it also helps me pay for my children's school fees.
I'm very grateful for the great support from Zidisha team.
Kindly help me secure this loan since I have stayed for close to 6months without getting a loan.

Loan Proposal

I intend to buy larger quantities of beans, rice, maize, peanuts, green grams and trays of eggs.
I intend to expand my shop to enable me to not only be a small scale seller but also a supplier.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$77.79

Date disbursed

May 10, 2018

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $3.27

Credit risk payment: $13.10

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

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