Entrepreneur
Name
Martha
Member since
February 2015
On-time repayments
53 installments • 8%
About Me
My name is Martha Chesang, i was brought up in a humble background at Nakuru Mogoon village went to Mogoon primary ,longisa high school then later after working as an untrained teacher and as a small scale farmer and was able to raise fees and went to Teachers trainning college.
After College i couldn't get a job and with the help of my parents i raised some capital and ventured into a posho mill business
My Business
My business is located in Mogoo village Nakuru town,Kenya.I started operating my posho mill in the year 2013.I started my business with a capital of Ksh25,000.My business deals with grinding maize and millet and i sell it in grade 1 and 2. The business is licensed and issued with a single business permit(annual license) and it is located strategically close to my customers.In a day i can serve more than 100 different customers because maize floor is a staple food in Nakuru.
In a clean month i can make a net sales of ksh.30,000.After i add more stock of ksh.15,000,pay my business permit of ksh.360,pay my home rent and electricity bill.I am left with a clean Ksh.3,490,being a net profit.
In a way of the zidisha microfinance supporting my business,i will be able to make good sales and i will also make good profit which will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team
Loan Proposal
Given the first loan i will use it to restock more goods in my posho mill by including grinding of millet flour and sorghum floor in addition of the maize flours. Furthermore i will move to a larger room to accomodate the large number of my customers who increase daily. With this i will able to make a daily profit of USD 40 - USD 60.
Thanks to Zidisha
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 9, 2015
Repayment status
Late
Projected term
12 months
Lenders
North Carolina, United States
Orlando, Florida, United States
Wausau, United States
United States
Summary
Amount repaid
$57.88
Amount remaining
$54.20
Expected completion
Feb 21, 2016
Status
Repaying late
Installment amount
$2.22
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2015 | $5.23 | Feb 24, 2015 | $5.23 |
| Mar 1, 2015 | $5.23 | Mar 5, 2015 | $5.23 |
| Mar 8, 2015 | $5.23 | Mar 5, 2015 | $0.10 |
| Mar 24, 2015 | $5.13 | ||
| Mar 15, 2015 | $5.23 | Mar 24, 2015 | $0.51 |
| Mar 30, 2015 | $4.72 | ||
| Mar 22, 2015 | $5.23 | Mar 30, 2015 | $5.23 |
| Mar 29, 2015 | $5.23 | Mar 30, 2015 | $0.04 |
| May 13, 2015 | $5.19 | ||
| Apr 5, 2015 | $5.23 | May 13, 2015 | $5.23 |
| Apr 12, 2015 | $0.69 | May 13, 2015 | $0.69 |
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $0.00 | ||
| Jul 12, 2015 | $2.22 | Nov 26, 2018 | $2.22 |
| Jul 19, 2015 | $2.22 | Jan 16, 2019 | $2.22 |
| Jul 26, 2015 | $2.22 | Feb 5, 2019 | $2.22 |
| Aug 2, 2015 | $2.22 | Feb 5, 2019 | $2.22 |
| Aug 9, 2015 | $2.22 | Feb 5, 2019 | $1.11 |
| Feb 13, 2019 | $1.11 | ||
| Aug 16, 2015 | $2.22 | Feb 13, 2019 | $2.22 |
| Aug 23, 2015 | $2.22 | Feb 13, 2019 | $1.67 |
| Feb 26, 2019 | $0.56 | ||
| Aug 30, 2015 | $2.22 | Feb 26, 2019 | $2.22 |
| Sep 6, 2015 | $2.22 | Feb 26, 2019 | $2.22 |
| Sep 13, 2015 | $2.22 | Feb 26, 2019 | $0.56 |
| Sep 20, 2015 | $2.22 | ||
| Sep 27, 2015 | $2.22 | ||
| Oct 4, 2015 | $2.22 | ||
| Oct 11, 2015 | $2.22 | ||
| Oct 18, 2015 | $2.22 | ||
| Oct 25, 2015 | $2.22 | ||
| Nov 1, 2015 | $2.22 | ||
| Nov 8, 2015 | $2.22 | ||
| Nov 15, 2015 | $2.22 | ||
| Nov 22, 2015 | $2.22 | ||
| Nov 29, 2015 | $2.22 | ||
| Dec 6, 2015 | $2.22 | ||
| Dec 13, 2015 | $2.22 | ||
| Dec 20, 2015 | $2.22 | ||
| Dec 27, 2015 | $2.22 | ||
| Jan 3, 2016 | $2.22 | ||
| Jan 10, 2016 | $2.22 | ||
| Jan 17, 2016 | $2.22 | ||
| Jan 24, 2016 | $2.22 | ||
| Jan 31, 2016 | $2.22 | ||
| Feb 7, 2016 | $2.22 | ||
| Feb 14, 2016 | $2.22 | ||
| Feb 21, 2016 | $3.64 | ||
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