Seeking a loan to buy solar-powered cooler box for fruits

Gladys

Mbita, Kenya, Kenya

100% repaid

Entrepreneur

Name

Gladys

Member since

April 2015

On-time repayments

154 installments  •  54%

About Me

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.

My Business

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..

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 10, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

P

PlutusNOR

Trondheim, Norway

JillV

Corning, United States

T

tkromm

Agia Paraskevi, Greece

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

B

Bjoernanders

Tromsø, Norway

E

E

Marin county, United States

L

luckiestmonkey

United States

I

idris

United States

K

Katrine

Drammen, Norway

Ask Gladys a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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