Name
Judith
Member since
December 2012
On-time repayments
13 installments • 8%
Am a mother of three children, my first born is a boy aged nineteen years old and he finished his secondary education last year. the second is a boy too and is aged fifteen and in form two, the last is a boy and is twelve years and in class eight. I live with my children here in mtwapa. My education back ground is a secondary level. I have a big task, with my education i found it hard to meet my family needs, i then had to venture into business I first started with soap stone business. With this business i sell items made from soapstones. with this business i also introduced a poultry farming business. With these combined businesses i earn enough to help my family upkeep.With my income i use to pay rent, pay school fees, and also other family needs.
Am a successful businesswoman here in mtwapa. doing a combined business, i have a poultry farm and also have a soapstone business. Business in mtwapa is how you organize your business, with my combined businesses i get an income of ksh 40,000 per month. i face risks in these businesses,like low season, with the soapstone business, this affects the business as it rely on tourists, and with the poultry business, bad weather is also a challenge, because bad weather brings illness to the chicks.With the revenue i get from the two businesses i use ksh 5,000 to buy food for my family, ksh 8,000 for house rent, ksh 10,000 for school fees, i also spare ksh 5,000 for emergencies and other expenses. so i save ksh 12,000 per month which i can use to repay my zidisha loan.
thank you so much for approving my loan application at last with this loan am going to add or buy more younger chicks that i will keep them in one of my poultry and grow them this will take me about six to seven weeks for these chickens to be ready for sale of which it will add more income to my business
Positive
5
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 5, 2013
Repayment status
On Time
Projected term
12 months
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