17 installments • 18%
I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with three children who are all in school. I live in plot number 31 at the shopping center where I carry out my business with my family. My business entails a retail shop at the shopping center.
My business entails the retail shop at the shopping center. I purchase my supplies from Nakuru town which is nearer and cheaper. The goods that I sell range from mere foodstuffs, home use items and other shop commodities. The main challenges that this business encounters are lack of finance to frequently increase the business stock and high cost of electricity.
Thank you lenders and Zidisha team for an opportunity to be loaned by Zidisha organization. I have been able to improve my business at a rate higher than I anticipated. I would therefore like to use this second loan that I will be granted to open another shop outlet within the shopping center. This will supplement the already existing shop. There is high potential for this business.
Jan 9, 2013
Cost to entrepreneur
Lender interest: $1,347.56 at 5.87% annual rate over 15 months = $100.42
Service fee: $60.38