Provisions for boosting my hotel & tea-room business
Nebart
Shibuli- Kakamega, Kenya
100% repaid
Entrepreneur
Name
Nebart
Member since
January 2017
On-time repayments
207 installments • 70%
About Me
Well, am Nebart Elegwa from the western part of Kenya, one of the eastern Africa nations. Born on 6th of July 1977 to parents who were indeed poor to the level that we had no roof over us. Oftenly rain poured on us. My desperate mom struggled to put at least a meal on the table since my dad who had been taken ill couldn't make it. This affected even in my education. I could not make it to 4th year in secondary level. I had to drop in 2nd year. Life became tough. My siblings were oftenly ill. Six of them died in succession. In all I ventured business world. Challenges have been so many but by God's grace am pressing on. Finances to boost my business is the main challenge since I have children am educating and two of them are orphans. They are ambitious kids who despite all are encouraged to move on. What a joy it will be to me if my request is approved. I will be able to withstand some of the financial storms on my way.
My Business
In the year 2016 in July I rented a room for business. Since I had very little cash I opted for a hotel. This was a fairer option since I had furniture and some utensils so I had to look for some few items like flour, cooking oil to kick off the business. Raising better equipment and stock for the business remained a challenge which by support from Zidisha loans I made great success, my business improved to a better scale. I have had a better environment, improved stock and attractive place of business.
By endeavoring to diversify my vision I later ventured into poultry and then later into dairy with goats and with your continued support I have realized my dream come true. I just began with local breed and with your support I have upgraded to improved breed, which apart from normal challenges it's all well. It is with your last support I managed to boost this project. Thanks a lot.
By now,my dairy goats have improved and I've decided to add a good breed of cattle, since with cattle I'll be sure of more dairy products and hence an improved business. The goats are still a good breed, good for dairy products, like milk. With the next loan that am anticipating from Zidisha family and friends I'll have, as earlier indicated, to acquire a good breed of cattle for the dairy products and the balance, in case it remains, boost the already existing projects. To me I bless God for you zidisha family for being great partners in business, because by these am able to support my family and to run other activities which contribute positively to my community.
I therefore still kindly request for your support towards this new upgrade. My intent is to further diversify my investment so as to have a stable income. I therefore kindly request for your support.
I thank you in advance for purposing to to support me.
A good breed of cattle for dairy products ranges between 8,000$ 12,000$ from an agricultural institute farm. I therefore kindly request for your support to keep my poultry, and dairy projects well.
Again, thanks in advance.
Loan Proposal
I appreciate you once again dear zidisha team for another opportunity you have given to me to be a partaker of your generosity. The first loan has been a great boost to my upcoming investment. Allow me just to appreciate you first before I make any other application.
Now though our economy here is not so much appealing am still determined to keep holding on and my hope is that you will remain my partners in my endeavors to rise up. I wish to carry on with the current business but still intending to diversify...soon. If granted another loan I will still boost my stock. Due to the rise in the price of commodities here the profit is not that beautiful.
Now with your loan I will to purchase
Sugar....@2 us dollars per kg.-50kg-80us dollars
Oil...@30 us dollars per 20 litres
Wheat flour...@ 17 us dollars per bale(12 packets of 2 kg)
Friends there is a lot but as u feel touched to be a blessing to me with whatever amount I wholeheartedly appreciate you.
Big thanks in advance for your blessing zidisha team. Remain blessed.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$38.00
Date disbursed
May 11, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Lenders
Charlotte, United States
Ask Nebart a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Aug 5, 2017
Vicki Stewart Jul 16, 2017
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