To buy freezer for milk selling

Lydiah

Uthiru, Kenya

44% repaid

Entrepreneur

Name

Lydiah

Member since

February 2015

On-time repayments

38 installments  •  16%

About Me

i was born in 1989 in miruka,a small village in nyamira county to peasant farmers who struggled to pay my fees in primary and in high school.it happened that i could not join university through direct entry and so about five years ago i got a small amount of savings that enabled me to open a shop.the shop has been my main source of income helping me to pay my school fees and also feeding the rest of the family members who also depend on it to survive.even after clearing university i have not been able to secure employment and source i have decided to fully engage in business,which i think if well managed can actually be able to sustain me in most of my need and also educate my son.

My Business

i have a small business in miruka market with a capital of about 50000kes.in the shop i mostly sell foodstuff like sugar,bread,sweets,maize,milk etc.milk selling has brought me a lot of challenges due to lack of a freezer.and so i am kindly appealing for the zidisha lenders who have demonstrated their desire to help poor people by trusting them with their money to help me acquire a freezer which costs 15000kes.i will have to add a little money for the amount to be enough to purchase it.the acquisition of the freezer will not only help me but also farmers in the area because i will be in a position to store their milk for long and i can buy from them in large quantities.
i mainly chose to expand milk selling because it has more demand especially this dry season
i will use the profits to educate my son and also assist the rest of the family members as well as any need child in the community.

Loan Proposal

dear lenders i am requesting a loan of 9034kes to add to what 1 have 7000kes to buy a freezer for selling milk because currently i make a lot of losses due to the milk that go bad.
money at hand=7000kes
loan requested for =9034kes
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total money=16034kes
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cost of freezer =15000kes
electricity and installation=1034kes
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total money to be spent=16000kes
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total to be spent=16000kes
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Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 12, 2015

Repayment status

Late

Projected term

8 months

Lenders

P

phangsang

Seattle, United States

M

mtaylor

Houston, United States

G

GoughGirl

Washington, Dc, United States

N

Nekochan26

United States

Tony Morrison

Saint Petersburg, florida, United States

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