To buy stock for my cereal shop

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 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

Feedback

2

None

None

  • Mary    Nov 18, 2017

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

    Log in to reply • Share
  • Helen Horseman    May 11, 2017

    Thank you Suzan. 100% repayments on time.

    Good luck with your future business dealings.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Jun 27, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

S

soren

Göteborg, Sweden

Paul Buchheit

Mountain View, 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

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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