To boost my cereal business

Suzan

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Suzan

Member since

December 2016

On-time repayments

23 installments • 70%

About Me

Hello lenders, I am grateful for your consistent support to my business . I shifted to the daycare business having
studied the market of this business around where I stay, having given up on job searching five years down the line after graduating from university. My passion for the wellbeing and love of children drove me towards this business. I have been able to earn a living, thanks to zidisha

My Business

The fear of hiring house helps has made parents to opt for daycares , for the safety of their kids. I take care of children in the age bracket of 1-3 and older, especially during holidays. I receive kids at my daycare from as early as 6am and take care of them until 6pm beyond which I charge extension fees. During normal hours (6am-6pm) I charge ksh100 per baby. The extension charges are ksh 20 per hour. So far I receive on average 10 kids per day.

Loan Proposal

I will use the money to buy stock for my cereal shop. I will travel to my village to get them at a lower price after which i will sell on retail basis to increase my profit margin. I have identified few small hotels and cooked cereal vendors of which i will be supplying with cereals of credit every morning to cook and sell to their customers and pay in the evening after getting the cash. At least i am now assured of four. I will then be using my profit to repay my loan.

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M
Mary Nov 18, 2017

Suzan has been improving her repayment rate. I would recommend loaning to her future loans.

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Helen Horseman May 11, 2017

Thank you Suzan. 100% repayments on time.

Good luck with your future business dealings.

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