Gladys
Mbita, Kenya, Kenya
100% repaid
Name
Gladys
Member since
April 2015
On-time repayments
154 installments • 54%
I am Gladys Iramwenya, I am the 2nd born in a family of 7, having been born in 1978 in a rural farming village of Mago in Vihiga County. My parents were peasant farmers.
I went through my childhood education with a lot of difficulty as I had to help my parents in the farm most of the time instead of concentrating in school. I did my grade 8 in 1996 and did not continue with my high education due to lack of school fee.
I got married in the year 2000. My husband was unemployed and we had to do menial jobs to help meet household needs on a daily basis. This economic hardship led me to start a small business to be able to earn a living.
I love helping orphans because my life I grew up as an orphan. Despite all the hardship I went through, I am able to lend a hand and support the poor through proceeds from my small business.
I am now paying high school fee for my three siblings and I am able to meet my living costs though the business has not reached break even point.
I am operating a small fresh food & eatery joint. I have been in this business for more than three years now. I mainly make tea, deep fried buns (mandazis), french fries and sell to the local workers in cottage industries around Mbita town. I also cook fish , vegetable and beef. The business is doing very well and I earn a good money on a daily basis. If I am offered this loan I will use it to buy more food items for sale. With a good stock of fresh fruits, I will attract more customers that will in turn serve to increase income.
I look forward to expanding my business to enable me raise more funds to support my family. This is where I get my daily bread and hope with good capital I will expand the business and attract more clients that will make me to break even..
A loan of KES 9,130 will enable me buy a Solar-Powered Cooler Box to keep my soft drinks like water, orange, mangoes, paw paw juice cold for sale to clients on long -term basis. I will add the loan of KES 9,000 with my savings of 4,000 to enable me buy the cooler at KES 13,000. I look forward to increasing my profit on a daily basis by 30% and be able to repay the loan on time using the increased income from my business. Let me take this earliest opportunity to thank ZIDISHA members for their support.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 10, 2015
Repayment status
On Time
Projected term
6 weeks
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