Esther
Nyatike, Kenya
100% repaid
Name
Esther
Member since
May 2017
On-time repayments
5 installments • 60%
I I was born in Awendo subcounty in South Nyanza, I grew very well since I was healthy.
I overcame my hardship through working hard.
I was inspired by a close friend to start a business.
The land where I live is slightly sloapy and it's has black cotton soil.
I have 4 children who are still studying, 1) wants to be a doctor. 2) two wants to be teachers. 3)wants to be engineer.
My hobby is farming and reading books
I started a small retail shop. I sell food stuff, grains and basic house items.
Since I stay in a place that is not near a town, all the neighborhood just prefer buying from me.
I chose this business because there is high demand and yield profit.
In my business, for instance I buy sugar from wholesaler for kshs 3000 and sell for kshs 4000.
I use the profit I get from the business to payable school fees and reinvesting in the business
I will buy rice grain for $27 and I will raise $35,,buy sugar for $30 and gets a profit of $40.
The profit will help in the growth of the business and helping others by reducing their transport cost.
My business profit will increase supply in my business.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 6, 2017
Repayment status
On Time
Projected term
5 weeks
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