Rahab Wanjiru

Kiptagwanyi Kenya, Kenya

49% repaid

Entrepreneur

Name

Rahab Wanjiru

Member since

July 2012

On-time repayments

34 installments  •  50%

About Me

am married with 3 children who are all schooling in a nearby public school called muriricua primary school. i live in kiptagwanyi trading center in plot no 34. the center is located about 43 kilometer from nakuru town, and in this plot is where i have a shop and cereal store, the money i get from the shop i buy cereal and the lest i save for the future of my children education. my business is stable here at Kiptangwanyi and the service that I do offer to my customers make them come back to my business every day. I wish to extend my services to even more customers and wish that i will be able to expand my business far much better than the current situation. A loan from Zidisha will be very helpful and it is my sincere hope and prayer that I will be able to get a loan from the organization.

My Business

my business entail in general shop and cereal in this trading center, my shop is located in a place where there is a road going to the a.i c church along kiptagwanyi, kongasis road, so many people from mashambani and before thy reach stage and if he or she dosent want to go in the center prefer to buy what he or she want in my shop. and many people like this season of harvest don't want to be seen selling bean, prefer to sell to me and enter in the center with money without any body knowing . and then came to my shop and buy thing in after finishing talking to people in the center, from where i am to the center is about 100 meter , the business is profitable and the demand of my product is high in this place, the main challenge is poor transport high price of commodity which is accelerated by drought in this area.

Loan Proposal

Thank you to youa all for such a great work that youa are doing in my life. I have done great things in my business and all this has been through Zidisha participation in my life. This second loan that I will get from Zidisha will be used to buy more sacks of bean which are now in market. I also wish to buy drought resistant grains which have started having high demand in this area.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,342.85

Date disbursed

Jul 5, 2013

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $1,342.85 at 4.92% annual rate over 24 months = $133.97

Service fee: $136.15

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