Ruth
Nyambogo Village, Kenya
100% repaid
Name
Ruth
Member since
July 2016
On-time repayments
75 installments • 65%
I was born and grew up in Nyamira county, Bosamaro Location, Bigege sublocation. I went to Nymbogo primary school for my primary education and later joined Marani secondary School and Kianungu Secondary school where i did my secondary school exams. Due to unavoidable circumstances, i could not proceed to college hence i trained in basic computer training in the nearby center. I later started my own business in the field of Mobile money Market and a grocery store where i hope to earn and make my living from so that i can raise funds to better my education further and venture into more profitable business. I started my business with some little cash that i was funded from my uncle and friends who were very eager to see me prosper in life. in our culture land ownership is seen as something that everyone should own but our culture does not allow for girls/ladies to inherit land from our parents hence i could like to buy my own piece of land in future. i don't have a family yet but i ll be glad to see myself have one in future, i hope that i ll get and raise a good healthy family. i like working with computers, playing games and interacting with people online.
i ran i an MPESA[mobile money transfer] business in our local center, and also have a shop/grocery store that sells household goods and cereals, the needs of the market and various money transfer methods and companies are coming up day after day and most people are venturing into the business hence there is a lot of competition. i don't have sufficient funds as running capital for my business hence i find my self not fit enough in the market in terms of business competition. i use the little profits to add more capital into my business but with the high cost of living standards its hard to save enough for my future needs but i however save a little for my my personal needs and future.
For the next loan that i expect from my business, I expect to use the funds to add more operating balance to my Mpesa business so that I can continue to serve my customers effectively. I believe that by adding more operating balance to my business, I will increase my profits by at least 35%. I really appreciate what Zidisha and my lenders are doing to me and I promise to work with you now and in the future.
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Project Type
Classic Loan
Disbursed amount
$102.00
Date disbursed
Feb 15, 2017
Repayment status
On Time
Projected term
4 months
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