Beatrice

Kiptagwanyi-nyakinyua, Kenya

100% repaid

Entrepreneur

Name

Beatrice

Member since

October 2012

On-time repayments

24 installments  •  17%

About Me

i am married with 7 children who are all schooling in nearby school. three are in secondary school and 4 in primary school. i live in kiptagwanyi nyakinyua plot no846. kiptagwanyi is about 43 kilometer from nakuru which is the major town in this area and also is where some time i take my product to sell to the traders who buy in wholesale.

My Business

my business entail in cereal in this area, i buy cereal from the farmer who sell in small quantity and after buying i sell to the lorry that came to take to Nairobi or ukabani to sell there because sometime there is no cereal in that area. the business is profitable and the demand of my service is very high in this area. my store is about 50 meter from the town center thus make my business the prefer one. some people like woman dont want to be seen selling cereal so they prefer my store so that when thy enter in the center nobody know what thy have sold and thy bought what thy prefer in the center.also many people prefer my store because thy say my measuring machine is accurate not like the other trades and because i am a christian i believe in truthful act. the business is profitable. the main challenge is lake of enough money to buy more to keep until the price came up, also poor road in this area like when it rain

Loan Proposal

thank you zidisha org for giving me this golden opportunity to borrow from the lenders organization.in this my first loan i want to use it to transport the already cereal that i have been buying so to ease congestion in my store so that i can have a room to stock again.i will use 18,000 in the transportation and the lest i will be able to return and add the next stock which i will transport,at this time of January there is ready market and also profitable in the market as many school demand this product to feed student and i have a school which made order from me

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Jan 24, 2013

Repayment status

On Time

Projected term

12 months

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