Name
Elam
Member since
February 2015
On-time repayments
121 installments • 79%
My name is Elam Sipenji. I was born in Nakuru County Kenya in a family of seven. My parents were and still are peasant farmers where they do subsistence farming. We grew up in rural area and our parents who were farmers did their best to educate us with proceeds from the farm which we sold as children at the market.School was about 30 kilometers away and we walked daily to school unless we had fees arrears,then we would look for menial chores to do in order to raise the fee balances that we owed the school, life had a lot of hardship where my family struggled to get even basic necessities. I endured deprived upbringing and navigated safely into adulthood. I went to school up to secondary school and later relocated to Nairobi city to live with my cousin. This is where my life changed drastically as I became accustomed to urban life. My kind cousin enrolled me into a business management course. I worked as an intern for one year and later with the help of my cousin, I opened a shop in Nakuru town.
I own a food kiosk(a small shop/place) where I sell different kinds of local foods and stuffs for people especially the locals in my area . Since I started this business, I have developed instantly. I started with selling parrafin, I eventually introduced other heavier stuffs like wheat floor, cooking oil, peas, maize and beans etc. I earn at least 10 dollars daily after paying my attendant and materials. I save 5 dollars, for my future, while the rest I invest in the business. I pay the levies for the county Government 1 dollar. From this business, I pay my house rent, I buy my clothes, and I support my younger siblings who are still in school
Hellow Lenders.
Thanks to Zidisha.The loan will help me buy more stock for my shop since customers have increased in numbers in my area.The stock that i am going to purchase will cost 80 dollars. Together with my savings i'm targeting to restock goods worth 100 dollars. This is because as per now my savings has increased to 15 dollars.
Next i will buy timber for construction of more selves in my shop and pay carpenters labour charge at a cost of $90.This will enhance display of goods in my shop for my customers.
With these i'm targeting my profits to hit 80%
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 24, 2015
Repayment status
On Time
Projected term
4 months
Other loans
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Amount repaid
$102.63
Amount remaining
$0.00
Date repaid
Jul 18, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 8, 2015 | $5.12 | Mar 8, 2015 | $5.12 |
Mar 15, 2015 | $5.12 | Mar 14, 2015 | $5.12 |
Mar 22, 2015 | $5.12 | Mar 22, 2015 | $5.12 |
Mar 29, 2015 | $5.12 | Mar 28, 2015 | $5.12 |
Apr 5, 2015 | $5.12 | Apr 3, 2015 | $5.12 |
Apr 12, 2015 | $5.12 | Apr 3, 2015 | $5.12 |
Apr 19, 2015 | $5.12 | Apr 3, 2015 | $0.87 |
Apr 13, 2015 | $4.26 | ||
Apr 26, 2015 | $5.12 | Apr 13, 2015 | $5.12 |
May 3, 2015 | $5.12 | Apr 13, 2015 | $1.73 |
May 1, 2015 | $3.39 | ||
May 10, 2015 | $5.12 | May 1, 2015 | $5.12 |
May 17, 2015 | $5.12 | May 1, 2015 | $1.49 |
May 7, 2015 | $3.63 | ||
May 24, 2015 | $5.12 | May 7, 2015 | $5.12 |
May 31, 2015 | $5.12 | May 7, 2015 | $1.24 |
May 28, 2015 | $3.88 | ||
Jun 7, 2015 | $5.12 | May 28, 2015 | $1.68 |
May 29, 2015 | $3.44 | ||
Jun 14, 2015 | $5.12 | May 29, 2015 | $2.11 |
Jun 14, 2015 | $3.01 | ||
Jun 21, 2015 | $5.12 | Jun 20, 2015 | $5.12 |
Jun 28, 2015 | $5.12 | Jun 27, 2015 | $5.12 |
Jul 5, 2015 | $5.12 | Jul 4, 2015 | $5.12 |
Jul 12, 2015 | $5.12 | Jul 11, 2015 | $5.12 |
Jul 19, 2015 | $5.31 | Jul 18, 2015 | $5.31 |
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