To clear M-Pesa loans

Lydia

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Lydia

Member since

September 2020

On-time repayments

95 installments  •  88%

About Me

My name is Lydia Mwakwida, I am a business lady married with 3 children. I hail from coastal region of Kenya. I did both primary and secondary Education in Coast region. My father before his demise was a business man. He introduced me greatly to business as I was her favorite daughter. He had a registered business and a farm. In my teen years I would accompany him when he does direct sales hence my learning in interpersonal relationship with clients. I did my college training in Nairobi where I got married, me and my husband later agreed that as a couple we should not go for formal employment. That is about 14 years ago I have been in running our family business. My business started small with little support from members of family. The business has had its shares of trouble like wrong partnership, business doors closed because of rent problems but we thank God we have overcome all

My Business

I operate a cyber cafe as the main business, the activities include printing, browsing, Photocopying, scanning, Internet services. Others side activities are selling popcorn, selling exercise books. My typical costs are rental, my assistant wages and cost of buying stocks. The proceeds from the business I use in paying school fees, my rental house and supporting my extended family

Project Proposal

with this loan i want to clear my M Pesa fuliza loan, daily accruing interest is very high. want to clear the Fuliza loan then i focus entirely on Zidisha loans which are affordable and convenient

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$133.00

Date disbursed

Feb 16, 2022

Backers

L

Liz

Nowra, Australia

sderickson

Berkeley, CA, United States

Kipkorir

Kaptulwa, Kenya

Rahab

Mombasa, Kenya

C

Cyrus

Nairobi, Kenya

Dennis

Nairobi, Kenya

Daniel

Nairobi, Kenya

Joseph

Cape Coast, Ghana

W

wisdom2080

Fullerton, United States

Ngigi

Nakuru, Kenya

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  • Lydia    Mar 6, 2023

    Drought effects affecting our business, hope to pay small amounts until i clear the full loan as business is stablizing

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  • Lydia    Jan 31, 2023

    business not picking up slowly, immediately things start picking up i will update

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  • Lydia    Jan 16, 2023

    My business still low expenses high, awaiting for sales

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  • Lydia    Jan 3, 2023

    Very much grateful for the speedy funding, God bless Zidisha team. Economy is hitting hard and tough, thanks Zidisha is their for our rescue like a freind to lean on

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  • Alessandro    Jan 3, 2023

    God bless you.

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  • Antony    Jan 3, 2023

    hi lydia just contributed something small for you

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  • Anne    Jan 2, 2023

    All the best Lydia

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  • Lydia    Jan 2, 2023

    the previous cash used in paying school fees , at least due to tough economics time Zidisha has helped in lightening my life burdens

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  • Lydia    Dec 28, 2022

    Holiday season business items have not begun moving due to schools opening in late january

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  • Lydia    Dec 9, 2022

    Experience some delayed cash payments and at the moment business cash flow is at its lowest due to the xmass season

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  • Lydia    Nov 18, 2022

    Low season in business, economy not picked up after election business picking up slowly

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  • Lydia    Oct 21, 2022

    Business season is low, goods are not moving , the standstill economy affecting business

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  • Lydia    Sep 25, 2022

    Thank you i have just received the funds on time, school reopening is on 27th.I had booked tickets for traveling upcountry for my boys on 26th. Was a bit worried until when i saw the loan fully funded. thank you my Zidisha Backers

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  • Lydia    Sep 21, 2022

    Thanks again to Zidisha backers for funding my loan, the previous loan was used in paying school fees for my son. Normally the pupils are being sent home who have not completed paying fees at least my son was saved from this . Thank you my backers

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  • Lydia    Jul 15, 2022

    Thank you Zidisha team for funding my loan, the loan has been received just on time . My child second term 2022 is now a big relief in this economic tough times, once again thank you God bless

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  • Lydia    Jul 4, 2022

    the previous loan was used in buying stationery stock for my shop. This assisted me in paying well my school fees for my sons

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  • Lydia    May 20, 2022

    Financial strain at the moment, traveled upcountry to my child school hence overspending on the journey

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  • Lydia    Apr 27, 2022

    Thank you Zidisha team for funding my project, The loan will be used in adding stationery stock in my shop. Its the beginning of school term a season for stationery selling. This funds will keep my business on toes.
    thank you for speedy funding of the loan

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