Name
Josephine
Member since
February 2015
On-time repayments
128 installments • 80%
My name is josphine Libese.Iam 30yrs old married to my husband Patrick Amugamwa and we have two Children. I was born in Vihiga but currently living in Eldoret together with my husband .I own a business that deals with food stuffs.I studied upto O levels.I decided to start the business so as to care for my family.
I run a small shop that deals with food stuffs I always take a stock of between six thousand to seven thousand.This gives me a profit of three thousand a month I take my stock from a whole sale in Eldoret town. My monthly expenditure is 3500/= . It is challenging but I am still moving on, hopping that with Zidisha loan I will able to improve my living standard and also expand my business.
10% tithe which I give to the Church where I fellowship. I use 15% to pay my rent, I use 50% to help me increase my stock, while 15% is used to help my parents and the remaining 10% I will use to service my loan
I live in an area where low class people live. These are people who can not afford even transport to town Center to buy goods from a mall and therefore I have to stock goods in very small quantities.
I chose this business as a result of the demand for the goods in this particular area. If I increase my stock, I will draw more customers hence increased profit and benefit to Community around who will not have to travel far to do their shopping.
I will purchase following items to boost my business ,wheat flour,maize flour,cooking oil,soap,soda,and other items .when i purchase these items it be easy to the large customer base that i have and thus increasing my profit .my profits double because i will have a good capital for the business .
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$237.00
Date disbursed
Mar 26, 2019
Repayment status
Late
Projected term
3 months
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