Vegetable business

Florence

Nairobi, Kenya

69% repaid

Entrepreneur

Name

Florence

Member since

January 2016

On-time repayments

53 installments  •  64%

About Me

Am Florence Muthenya and aged 46 years. We are a family of 9. I am the first born in the family and I take care of my parents and our young 8 siblings. I come from Machakos county. I am married and blessed with two Children. Our life is very challenging because of the support to be given to our nuclear family and the extended families. I sell Vegetables. I came to think about business because I was employed but the salary I was earning was not enough with the many problems of school fees etc. I started with Poultry farming & Pig farming which never succeeded. Five years ago I started selling vegetables. The profit I get I use part of it for our needs and the rest goes back to the business. This has kept us going up to now. The unique thing about land in Machakos is very fertile but no rains. With time when I get money I wish to have a borehole and do irrigation. My children want to do farming when they grow up. I am a Christian and during free time I like singing and reading the bible.

My Business

I sell vegetable because people have to eat daily. This is because they are in high demand. I started the business with US$100.00.
I get profit of about 50% which helps us in our daily expenses and also reinvest in the business. After selling for the 1st year managed to construct a small house for my parents.

Loan Proposal

Once I get the loan I intent to use and add stock of vegetable. I also start selling . This is because my business has not yet been able to supply all the varieties of vegetables and thus not yet met the high demand.. The place has many residential houses so the market is far. I plan to rent a shop and employ an attendant to assist in sales. When I buy variety of vegetable, I will repay the loan and also will manage to save from the profit. As there are so many poor people in our country I will introduce them to Zidisha so that they also get loans and create employment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 2, 2016

Repayment status

Late

Projected term

12 months

Lenders

dlpringle

Denver, United States

MW

Matt Willis

United States

Mark Grey

Redding, CT, United States

P

PeterP

United Kingdom

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