Name
Suzan
Member since
December 2016
On-time repayments
23 installments • 70%
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
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.
I will use the entire amount to buy cereals from the farms on wholesale price which will cost me 20% cheaper than they are sold in the urban centers. My shop being located in the capital city of Kenya -Nairobi, cereals are on high demand here and sell at a relatively higher price. I will be able to make a good profit margin from the business
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Jun 27, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Ask Suzan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Mary Nov 18, 2017
Helen Horseman May 11, 2017
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