Jocinter
Kombe Village, Kenya
65% repaid
Name
Jocinter
Member since
February 2015
On-time repayments
22 installments • 36%
I am a 27 years old born in the village of Kanyamwa, Homa bay county. I am a second born in a family of seven. I have studied up to standard eight. The reason unto why I started this business was that my husband died and left me a widow with eight children to care of; 5 my own and 3 from my late co-wife. Life was so hard after the death of my husband and I could not meet the education costs and even money to afford basic needs like food. I live in an area where finding a meal for the day is a forgone case we only take meals once in a day. Joblessness among youths in our country has also led to this since there is a growing population and the job opportunities are few. I therefore came up with this idea of starting a business which is growing at a faster rate due to the fact that it is a consumable product. The money i get from the produce I use to feed our family and again help the community members who are in dare need. I like playing football and read newspapers especially
In my childhood, I went through a very hard life and my education was cut short due to lack of school fee. Due to high poverty, I decided to start a business of selling the grains to keep my family and take the children in school.
I sell grains; Maize, Beans, Green grams, Millet and Sourghum. These are essential commodities that every household uses in their daily food needs. I am currently trading with Ksh 8,000 and I need a loan of Ksh 1,534, in order to purchase more grains for sell.
With a capital of Ksh 10,534, I will purchase 5 bags of assorted commodities and sell. The profit from the sale will be used to pay school fee for my children, pay rent and medical needs of the children.
I need a loan of KES 4,506 to buy 2 bags of dried maize for re-selling at my food kiosk. The maize commodity is in high demand now and the loan will help me to stock four bags for re-selling. I will make a total of KES 2,000 profit per bag and 2 bags will give me a profit of KES 4,000 per week. The loan from ZIDISHA will enable me to expand the business and repay the loan on time while meeting my family financial needs.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$44.00
Date disbursed
Feb 15, 2017
Repayment status
Late
Projected term
2 months
Other loans
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Amount repaid
$29.01
Amount remaining
$15.30
Expected completion
May 1, 2017
Status
Repaying late
Installment amount
$4.92
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 27, 2017 | $4.92 | Mar 3, 2017 | $4.92 |
Mar 6, 2017 | $4.92 | Mar 3, 2017 | $1.97 |
Apr 1, 2017 | $2.95 | ||
Mar 13, 2017 | $4.92 | Apr 1, 2017 | $2.46 |
Apr 29, 2017 | $2.46 | ||
Mar 20, 2017 | $4.92 | Apr 29, 2017 | $2.46 |
May 20, 2017 | $2.46 | ||
Mar 27, 2017 | $4.92 | May 20, 2017 | $3.44 |
Jun 13, 2017 | $1.48 | ||
Apr 3, 2017 | $4.92 | Jun 13, 2017 | $4.43 |
Apr 10, 2017 | $4.92 | ||
Apr 17, 2017 | $4.92 | ||
Apr 24, 2017 | $4.92 | ||
May 1, 2017 | $0.06 |
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