Name
Madris
Member since
February 2013
On-time repayments
21 installments • 14%
I am Madris Warue. I reside in Nakuru County, precisely in a region named Kiptangwanyi. This place is in estimation 40 km away from Nakuru town. I am married , and taking care of my kids too. To upkeep my family, and to consume part of the big demand of construction materials in the aforementioned village, I decided to put up a Timber yard. Building is immense here and therefore too much of timber is required. So far my business has gained popularity and I am among the known suppliers of this product to various schools, churches, dispensaries, homes and the places where building is taking place.
Somehow I can say everything is not alright. Sometimes acquiring of timber and wood calls for a huge amount of money at hand. Sometimes demand hikes to shoot above the supply they are getting from me. Lack of this holds me back, causing commotions between me and my good clients as I fail to always supply the amount of tmbere equal to the value of their payment when I bring in the timber in bits. I know with a boost from the good lenders through Zidisha Organisation, I will reach the ceiling of my current desire. I will manage to increase my supply and hence my income.
Thank you lenders and all the Zidisha team for such a golden opportunity. The loan will be of very great importance to my business. I will buy more of timber and add them to the timber yard and also increase the stock of firewood in my business. I would also like to expand the space of the timber yard. This will enable me to have enough area to stock my commodities.
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Mar 17, 2013
Repayment status
Late
Projected term
22 months
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