Pure white cooking fat for my shop

James Njoki

Kiambu, Kenya

100% repaid

Entrepreneur

Name

James Njoki

Member since

April 2019

On-time repayments

8 installments  •  50%

About Me

Hello to all the members.
My name is James Njoki and I was born in Kiambu county.
I'm the first born in a family of two. My mum, my sister and I.
I went to kirangari high school where I did my o levels and passed but wasn't able to continue with the university education since my mum was diagonised with HIV and later died.
I was young by then and my sister was taken care of by my auntie.
I started working as a "shamba boy", that's a male house help and I used to plough flower gardens.
I used to save 50 dollars per month for 1.5 years and that helped me start my shop business and I'm helping my sister since she'll joining college next year.
I'm grateful to find zidisha as a helping organisation.
Thanks.

My Business

I have a shop and I sell maize, wheat and cassava flour, sugar, soft drinks, sweets, biscuits and alot of things.
I make an average of $15 a day and I use the profits to pay for my business bills and expenses.
I'm looking forward to expand my shop business and I believe that it will be successful soon.

Loan Proposal

I am planning to use the loan in purchasing of 20 kilograms of pure white cooking fat at cost of whole sale price for $20,and sell at my shop in a retail price .I am looking forward to make a profit of $10, which I will use in repaying back my loan on time .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.35

Date disbursed

Apr 17, 2019

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.72

Credit risk payment: $3.61

Lenders

nmatpt

Lisboa, Portugal

sderickson

Berkeley, CA, United States

B

bscent

Hong Kong

Aran Dunlop

United States

Douglas St Quintin

Sydney, Australia

R

Ryan

United States

JF

J Fister

United States

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