Oxen for ploughing

Judith

Mtwapa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Judith

Member since

November 2013

On-time repayments

269 installments • 89%

About Me

My name is Judith Chidzugwe. I live with my family in Mtwapa. I am married with 2 children who are all boys and they are all grown ups. My last born son has just graduated with a Master's of Science, Geosciences at the Georgia State University, Atlanta, USA. Due to the Corona virus, he received his Master's Certificate by mail.

I was born in a family of four, two brothers and two sisters. My parents died a long time ago. My sister died in 2015 so I have two brothers, one of whom has settled in Nairobi and the other one is Mombasa. They too, have their own children who are trying to settle down. We visit one another very often to keep the family bond.

I like making new friends, listening to inspirational music and watching movies.I love gospel music and I also like singing. I also like praying and fasting so much because I believe in prayers that move mountains. When you believe in God, there is nothing that is impossible. Just trust in Him and all will be well.

My Business

I am still doing my business of selling bedsheets from Mombasa town to Malindi town and upto Lamu town where I have gotten some customers. I am buying in bales and then sell at retail prices. One bale goes for Kshs.30,000/= (US $300) and sale at retail prices of Kshs.2,500/= (US $25) per pair of two bedsheets and 4 pillowcases In one bale, there are 20 sets of bedsheets which when all are sold, a total amount of Kshs..50,000/= (US $500) is raised. I make a profit of Kshs.20,000/= (US $200) within two weeks of selling. I am now planning to buy three bales and sell them within two weeks. Three bales will cost me Kshs.90,000/= (US $ 900) which after being sold, a total amount of Kshs.150,000/= (US $ 1500) will be raised. Out of this amount, Kshs.60,000/= (US.600) is my profit, and the rest is pumped back in the business. In a month, I will be able e to raise a profit of Kshs.120,000/= (US $1200) which will enable me to pay my bills, cater for other necessities and most importantly, service the Zidisha loan. This business has improved my standard of living . Am doing it from home.

I am and will be able to pay my loan in good time. Zidisha has always been there for me and I still believe, lenders will be able to support me. Long live Zidisha.

Loan Proposal

When I get this third loan, I will purchase oxen for ploughing as it is in high demand in Kinango. Ploughing 1 acre of land charges are Kshs.2,500/= and apart from doing it in my farm only, I will use my oxen to plough other peoples farms so that I get more income. It will also ease the burden of me hiring casuals for the farm work as it is very expensive. I will pay the loan in time as I have always done. Thank you Zidisha for being fhere for me. I cannot still compare you with any other microfinance for the great work you are doing. God bless the Zidisha team and all the lenders for the support they have given me and I am sure will continue to support me. Merry Merry xmas and a happy new year