Varieties of basic commodies

Veronica

Kahawa Wendani, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Veronica

Member since

February 2014

On-time repayments

137 installments • 4%

About Me

I am blessed with two children who are both in local school within my community. I am employed at Kenyatta University in maintenance department.

I started wholesale business which is based in Kahawa Wendani. My business involves selling food stuff and household items at wholesale price. I have employed 2 people who are involved in the running of business but every afternoon I spend time at my busy business because I usually work in morning hour shift at my place of work.Also over the weekend I spend at my business.

I have been saving with the plans of stocking all the basic household items and also to purchase in big bulk so that I can enjoy trade discount.

My Business

My business is based in Kahawa Wendani and I started in 2010 as a small shop only retailing but through dedication from my employees and good customer care skills my business has grown to wholesale whereby I small shops in the community purchase some of their items from my shop. Currently I have limited varieties but I intend to stock all the basic household items so that most of the shops within the local community and neighbouring community can purchase their products then resale. I also intend to hire a third employee to assist in delivery of the purchase items as this will reduce cost on my clients but also increase client base because customers like being offered friendly services.

Loan Proposal

My business involves whole selling household commodities to small business who then retail to the local residents but due to limited capital I have been lossing business because I dont stock most of the basic commodies thus am happy to join zidisha because I will be in position to access loan then stock most of the basic commodities over time hence ensuring all my retailers access the basic commodities thus with this first loan I intend to purchase match box for lighting worth Kshs 5400 and toilet papers worthy Kshs 7000. This will boost my stock hence retailers will have access to the products and the turn over for my business will increase. I will use part of my salary to pay the loan as I want my business to grow.

Thanks for considering to contributing towards my business which is a fast growing business and this industry is very profitable because on daily basis local residence have to eat.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 28, 2014

Repayment status

On Time

Projected term

6 weeks

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B
Believe Dec 5, 2014

Veronica, Even if you cannot pay, we would appreciate an update. Also, Zidisha: there is something wrong with your system. Her profile still reports 100% repayment rate...

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R
richardbrewster Jun 24, 2014

Hi Veronica, can you please tell us what is happening with your loan? thanks

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M
matteo Jun 21, 2014

Hi, what is happening? You disappeared with our money!!!! We have not been hearing from you for months!!

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Charles Jun 17, 2014

why you not paying up your loan

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John May 14, 2014

hi veronica.am writing to you in regards to loan repayment.your loan repayment has not yet been received.what is your plans so far?

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V
Veronica Apr 24, 2014

Hi lenders, my business was broken into and all my stock was stolen, this was a shock to me which caused me to get ill and be admitted at hospital for a while but am recovering and have also not been able to go work so kindly lenders be patient with me as the issue is under investigation but with my savings I will revive the business but will concetrate alot on increasing the stock to meet customers demand thus I have proposed small amount of loan. Sorry but will ensure the loan is repaid on time.

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Tobias Apr 18, 2014

Hi,

You invited Clarance Juma, and since he was given the loan, he has not paid his initial and second installment. Kindly reach out to him so that he may pay. Thanks

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V
Veronica Apr 8, 2014

Hi Zidisha lenders,

Thanks to all who contributed towards my loan because I have received the money and I have ordered the delivery from the distributor. The new stock will increase the rate of turn over of my business which means more profit.

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V
Veronica Apr 6, 2014

Hi Zidisha lenders,

Thanks to all who have contributed towards my loan and now I wish to invite more lenders to contribute towards my loan. This loan will be used to boost stock and also increase the profit. Please contribute towards my loan.

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Moses Apr 5, 2014

Hi lenders,

Zidisha lenders you have made Veronica's wholesale business to expand and now her business has most of the basic food stuff and household goods. She intends to increase more stock so that the turnover of the business to increase and this will be possible through your support by contributing towards her loan. Please contribute towards her loan !

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V
Veronica Apr 5, 2014

Hi Zidisha lenders,

Am grateful to all lenders who contributed towards my previous loans because it has assisted me to increase customers demand and also increasing my sales and now I request for another loan so that I can stock more items and meet all my customers demand & taste. Thanks in advance.

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V
Veronica Apr 1, 2014

Hi Zidisha lenders,

My profit has increased because I have varieties of basic households which my clients need to restock their business but the stock is limited so I intend to increase the quantity of the basic households so that I can reduce expenses of transport to my place and also get trade discounts. Thanks for the support

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V
Veronica Mar 23, 2014

Hi Zidisha team !

The local retailers are now concentrating on serving their customers rather than worrying on when and where to get the supply of the basic household commodities. Thanks to zidisha lenders for making this possible and I intend to expand the stock as the Easter festival and April holiday is almost being celebrated whereby the demand is high. I will be banking on Zidisha lenders to support me with loan so that my business can meet demands of customers.

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V
Veronica Mar 18, 2014

Hi Zidisha team !

My sales have increased by approximately 20% and this is because of the introduction of basic household products and the retailers only make calls for delivery. Thanks Zidisha for the financial support and may God bless all who invested in my business by extending loan services.

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V
Veronica Mar 10, 2014

Hi Zidisha team !

I sent my weekly installment on Saturday but unfortunately it's not indicated on my account, how long does it take to display? My good lenders, am sorry for this inconvenience but hope the management of Zidisha will sort out as soon as possible.

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Moses Mar 9, 2014

Am amazed by this young lady because she is very enterprising and hardworking. She has become the talk of the community in a positive way because her wholesale business is doing good.

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V
Veronica Mar 8, 2014

Hi lenders,

Am grateful for the loan because today I managed to receive another lot of commodities from my distributor. He also awarded me the trade discount which will translate to profit on my side. I made payment of my first installment and it is still showing am in arrears, what might be the problem? Thanks Zidisha members.

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V
Veronica Mar 6, 2014

Suddenly the sales have increased and this is because of stocking basic household commodities and also offering transport services using a bicycle. Thanks for extending loan services to me.

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V
Veronica Mar 4, 2014

The distributor has just delivered the ordered basic household commodities to my wholesale shop and I anticipate making more sales this week as the retailers will be in position to purchase most of the basic household commodities at my store. Thanks all for this golden opportunity.

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V
Veronica Mar 1, 2014

I have received the money and am grateful for all who have contributed towards my loan. I have requested the distributor to supply some basic commodities to my wholesale shop by Monday so that the local retailers can access the products. Thanks and I will keep my promise.

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