Thank you a lot zidisha for giving me this chance to meet with lenders. dear lenders has you have read my story, i am pl...

Ann

Kiambu, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

January 2014

On-time repayments

15 installments  •  60%

About Me

I WAS BORN IN IKINU VILLAGE AND LATER ON MOVED TO KIAMBU, NDUMBERI DURING MY CHILDHOOD. I STUDIED AT BAHATI GIRLS AND WAS ABLE TO JOIN TECHNICAL UNIVERSITY OF KENYA FOR A DIPLOMA COURSE IN ELECTICAL AND ELECTRONICS. AT MY HOME MY MUM STARTED A RETAIL SHOP TO ATLEAST BOOSTHER IN PAYING OUR SCHOOL FEES, MY SIBLING`S AND MINE. THE REATIL SHOP SELLS FOODSTUFFS AND HOUSEHOLD GOODS. WE STARTED WITH A CAPITAL OF KSH.30000 AND AS AT NOW IT HAS GROWN TO ABOUT KSH. 50000. IT IS SITUATED IN THE ESTATE AND MOST OF OUR CUSTOMERS ARE THE ESTATE RESIDENTS AND PASSERS-BY PEOPLE. SINCE I USUALLY COMMUTE TO SCHOOL I AM THE ONE WHO SELLS THE SHOP AT EVERY OTHER EVENING AND DURING WEEKENDS. I DO ALSO PURCHASE THE STOCKS AND DO ALL THE BUDGETING. SINCE NOW MY YOUNGER BROTHER IS JOINING FORM ONE I WAS HOPING TO GET EXTRA CAPITAL TO INCREASE THE SHOP STOCK, ATLEAST TO BOOST THE PROFITS.

My Business

THE SHOP IS MOSTLY ACCESSIBLE TO THE ESTATE RESIDENTS THEREFORE, MOST OF THE TIME IT SUPPLIES ITS SELLS IN A VERY HEALTHY COMPETITIVE ENVIRONMENT. WE SELL RANGING FROM SUGAR, FLOUR, SOAP ETC , EVERYTHING THAT CAN BE USED IN AN HOUSEHOLD. OUR MONTHLY PROFITS RANGE FROM KSH. 20000 TO KSH.35000, DEPENDING ON THE SEASONS(PROFITS ARE HIGH DURING VACATIONS AND HOLIDAYS). I HOPE THAT LENDERS WILL BE ABLE TO SEE THAT IN REALITY OUR FAMILY IS DEPENDING ON THIS BUSINESS, SINCE MY ELDER BROTHER IS MARRIED AND HE IS GATHERING FOR HIS FAMILY TOO. WITH THE HELP OF LENDERS WE WILL BE ABLE TO ADD STOCK AND INCREASE THE PROFITS. I WILL PAY THE MONTHLY PAYMENTS USING THE SHOP PROFITS. THANKS A LOT .

Loan Proposal

AS THE SHOP IS GROWING AND CUSTOMERS ARE BECOMING MORE AND MORE AROUND THE ESTATE THE BUSINESS WILL BRING MORE BENEFITS, AND I WILL USE THE PROFITS TO PAY MY SCHOOL FEES BEFORE EXAMS START ON NOVEMBER. THE KSH.3000 WILL ADD RICE AND SUGAR TO THE SHOP THIS WILL BRING MORE CUSTOMERS AND MAKE A CONSTANT SUPPLY TO THE BUSINESS AS MOST OF THE CUSTOMERS ARE DEMANDING THESAME. MY MUM GOT INTERESTED WITH THE LOANING AGENCY AND SHE IS WILLING TO LET ME GROW MY DREAM WITH IT. THANKS ONCE AGAIN LENDERS.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 10, 2014

Repayment status

On Time

Projected term

3 months

Lenders

H

howard

Vence, France

Richard Griebe

La Jolla, United States

N

nycjen

United States

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