Add more stock to my shop

Doris

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Doris

Member since

May 2016

On-time repayments

126 installments • 82%

About Me

I was born in murang'a county in the central province of Kenya. I a mother of 2 children both in primary school.am humble and God fearing mother being a member of the PCEA church. despite of my low education standard i was much interested in business and due to my hardworking and the help of my husband I started a small kiosk.i worked hard to ensure my business expanded.most people in my area are very social and hardworking.i wish my children to be lawyer and nurse when they grow.i like listening to gospel music

My Business

I sell fast house hold goods such as sugar, flour, bread, milk, soda, eggs cooking oil, books and more important house goods needed for day to day life. Since these goods are necessary for everyone lifetime they are in high demand thus promotes my business at high rate.Since my business has grown through your zidisha support by over 40% I now spent $150 on weekly basis to add stock in my shop which generates a good return in terms of profit. This has helped me to pay my rents, bills, school fees for my children, brother and sister . I also use my profit to grow my business and buy my house goods. I intend to employ more workers in supply sector as my business grows.Thank you zidisha and my lender for this great trust you gave to me and your support since everything is running well BE BLESSED RICHLY.

Loan Proposal

I will use my loan to purchase goods worthy $ 110 to add stock in my shop which include 5 creates of egg, 5 bundles of flour, 50kg of sugar which are fast selling goods. This will increase the surplus of my stock available and increase my profit at over 30 %which will enable me to manage my business well and even be able to employ more workers for effective operations I believe this will boost my business well with all basic needs available.

Feedback

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Mary Jun 22, 2018

Thank you, Doris. It's always a pleasure to support your business.

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- Doris Jun 28, 2018
  
  Thanks again Mary for your support.
  
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Mary Apr 17, 2017

Hello Doris, thank you for repaying another loan regularly and on time. It was a pleasure supporting you again. Best wishes for future business success.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 19, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Craig Newmark

United States

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Doris Feb 5, 2019

Hai zidisha the reason for reducing the amount is because nowadays I don't have business to work with iam just straggling with life

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Tom Eggert Feb 1, 2019

Are you able to catch up on your missed payments? If so, when do you think you'll be able to make the missing payments?

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Doris Oct 29, 2018

The business is not doing well at the moment.

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Doris Aug 25, 2018

The income generated by the business is low. This affects my profit which I use to pay the loan. I request to be paying $25 per instalment.Thank you.

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Doris Jun 28, 2018

The loan was used to buy few bags of cereals since the requested amount was not raised. This has helped me because I had always interest with cereals but capital was the problem . Apart from the shop commodities the cereals will help me alot in term of business expansion hence more profit return.

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Doris Apr 11, 2018

The intended loan will facilitate the finishing of the rental house . The house had a total of 13 rooms. After finishing the rental house will help in bosting my business because there will be a constant flow of money.

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Doris Apr 5, 2018

Thanks Zindisha team. With the loan I managed to increase the stock of the shop whereby it helped me to increase the flow of the customers thus more returns.
This return has also helped me to venture in other investment where buy I have purchased my own plot with partinaship with my husband and which I'm intending to finish. This will help in term of flow of money because all the room are lental. Thanks Zindisha team for the loan, it has helped me to cater for the education of my children thou the same business.
Because of the nature of business we don't normally go for holiday because most of the goods are perishable.
Thanks the Zindisha team.

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Doris Feb 21, 2018

To the Zindisha team .my next loan has been reduced by almost ksh 30,000/=and there is no explanation given onto why. What's the way forward and is it possible to increase the loan amount after reduction and NB I'm paying on time.

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Doris Feb 21, 2018

The money has helped me to be trusted by my customers because what they want is readly available in my shop. It has also helped me to cater for my family without any financial problems. I'm looking forward to the day when I Will become a lender after the continues growth of the business.

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Doris Feb 21, 2018

This is due to the increase in the profit margins .

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Doris Aug 2, 2017

Due to the political situation in Kenya i need to adjust the loan because the business is not operating normaly .I will re adjust again after elections are over.

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Doris May 6, 2017

Thanks my lenders for the money. With the money i will add the stock of the my shop and this will increase the profit margin which will help to carter for the family daily needs.
Thanks again for the loan.

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Doris May 4, 2017

Thanks my lenders for the money. This will help to stock my shop more and also increase my profit.It will also help to cater for the family needs.
Thanks very much ,and may the almighty bless you very much..Thanks again.

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Doris Apr 20, 2017

I increased stock for my shop.

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Doris Jan 30, 2017

am now having good selling and my profit has increased thats why am adjusting my installment.thanks

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Doris Dec 31, 2016

this is to reduce the huge burden so that i can pay for other expenses like school fees,rents and bills for January.

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Doris Nov 29, 2016

May the almighty God bless you richly for the great support you have given me thank you so much.

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Doris Nov 24, 2016

than you my lenders for giving me your trust and am very happy for your support in my business which is expanding through the support you gave me.be richly blessed.

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Doris Aug 22, 2016

Thank you my lenders for your contribution i received my loan of $397(kes39,373)which i have used to buy more stock to my shop.THANK YOU SO MUCH BE BLESSED.

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Doris Aug 14, 2016

Thanks Thanks Thanks My lenders for your consideration and contributions towards my entrepreneurship may the most high Lord bless you richly. Thank you. Your support will be of great impact to my business as I will add more stock to increase my profit. Thanks.

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