Name
Annah
Member since
October 2012
On-time repayments
54 installments • 56%
My Name is Annah, Married with two children, one in high school and the other in primary school. I live in Ongata Rongai in a rental house at Fatima next to the St Mary Evengelist. I have done Business since 1997, started with green grocery and switched to Mali Mali. I studied until standard eight. I started business because I saw that it will help me to take my children to school and also to give some money for keeping my self and my family. I switched to Mali Mali because in that area in the market of Soko Mjinga, there was no competition this helped me to give my children books when the schools opened every year, I buy in wholesale and I sell in retail to make more profit if Zidisha lenders, give me money I will have a shop which is strategic for me to continue business and hence expand my business.
I do stationery (Mali Mali) this is service to the people in the market of Soko Mjinga. The people must write, calculate, goods in the market, when late to go to the shop am very near them. I am near, strategically placed at the place, I buy them cheap from river road and sell them cheap. Yes it has profit especially all the time because of where I buy the stationery from (River Road), where I make profit of every item. When there’s much rain because am under the shade; or if thieves break to my store. My purchases costs me 12,000 a month, sales 36,000 a month and the profit is 24,000.
The second loan will be used as follows;buy stationary (KES10,000), Text books (KES 20,000) School uniform socks (KES 10,000)
The schools opened for this term this January,and the am expecting to do a lot of sales for the secondary school going children who have just passed their standard eight examination preparing to join form one.
The stationary will be bought for above and the text books as also mentioned above,
i will do my sales because for now at the market place i have no competition yet am the only one,and people at the market also buy from me because the proximity is good for them they don't walk to the shops to buy, this is to my advantage.the parents who cant afford come and buy from me.This time am very busy because parents are buying goods for their children who will report in February in various schools.
I will request this second loan to boast my stock and to sell more, as the year progresses.Thanking you very kindly for the previous, and Let God bless you people.
thanking you
Ann gitumbu
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$468.00
Date disbursed
Jan 28, 2014
Repayment status
On Time
Projected term
10 months
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