To boost my cereal business

Suzan

Nairobi, Kenya

100% repaid

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.

Feedback

2

None

None

  • 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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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Mar 19, 2017

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

Generaal

Antwerp, Belgium

Paul Buchheit

Mountain View, United States

S

sanfransec

San Francisco, CA, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

A

Anonymous

United States

CN

Craig Newmark

United States

daniel

maryborough, Australia

A

Anonymous

United States

HH

Helen Horseman

United Kingdom

Ask Suzan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Suzan    Dec 8, 2023

    Thank you very much for funding my loan. I will buy cement , sand,paint and pay for the renovation of toilets at my pre school project.

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  • Suzan    Feb 6, 2018

    hi lenders, thanks alot for your consistent support to my business. I have posted another loan to replace my salon equipment. please fund my loan. I promise to repay promptly. Thanks in advance and may God bless you all.

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  • Suzan    Nov 20, 2017

    My salon is doing very well. Thanks to my dear lenders

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  • Mary    Oct 25, 2017

    Hi Suzan, Please contact [email protected] to correct your payments. Make sure you put your country and paid with different mobile number so the message can get to the correct team member. Allow up to 3 days for the issue to be corrected before contacting them again. I hope you are well, Mary

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  • Osmond    Oct 15, 2017

    Susan says that she paid using a different mobile number and she has written an e-mail to that effect.

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  • Mary    Sep 23, 2017

    Hi Suzan, How has your Zidisha loan impacted your business and your customers? I know you like to think ahead, so where do you see future loans taking you? I hope you and your family are doing well, Mary

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  • Suzan    Jul 31, 2017

    I will buy cereals from the farm at a wholesale price to sell on retail at my shop. The returns will help me grow my business and repay my loan. May God bless you for supporting me to excel in life through my business.

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  • Suzan    Jul 25, 2017

    my business is doing very well and i thank God for that. This week was very successful and that is why i was able to pay the entire amount at ago. Thanks for standing with me this far.

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  • Suzan    Jun 22, 2017

    Thanks alot for funding my loan. I promise to repay promptly

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  • Suzan    Jun 21, 2017

    Hello lenders, it is unfortunate that the money you had offered to fund my loan was returned back to your account because of the technical issues encountered by the Zidisha Team while trying to disburse it. I have posted a new loan as advised. Please fund my new loan to keep my business going. God bless you.

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  • Suzan    Jun 19, 2017

    Dear lenders, my loan has not been disbursed to my account. I will let you know as soon as i receive the money. Thanks

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  • Suzan    May 20, 2017

    Thank you so much much for funding my loan. I promise to repay promptly

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  • Suzan    May 11, 2017

    Thank you very much dear lenders for your continual support to my business. My shop is expanding everyday. God bless you all

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  • Mary    Apr 28, 2017

    Hi Suzan, Please contact service @zidisha.org to adjust your loan payment. Lenders would rather see very small payments {even pennies} rather than skipped payments. Lenders understand their are ups and downs in business. Keeping your lenders updated on the discussion page is important as well, Report the challenges as well as successes. I have seen borrowers grow amazing businesses with the help of Zidisha. I hope to see you succeed as well. Mary

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  • Mary    Mar 19, 2017

    Hi Suzan, Congratulations on your loan being funded! I hope Zidisha can help your business prosper. I have a question to ask. It seems in reading borrowers profiles, that many people in your country get a college education yet cannot get good jobs. Why do people still seek a higher education if their is no guarantee of a job? I am wondering. Thank you, Mary

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  • Suzan    Mar 19, 2017

    Thank you very much dear lenders. I will be updating you on the progress of my business. God bless you all.

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  • Suzan    Jan 11, 2017

    Dear lenders, i received the loan. Thanks for your support. i will be updating you on the progress of my business

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