Loan to add stock to my hotel

Kosima

Kawangware Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kosima

Member since

March 2015

On-time repayments

71 installments  •  66%

About Me

Hi Lenders my name is kosima mpapale born in western part of Kenya. I learned in Eregi primary school in kakamega county and after completing my Primary school Education i did not continue with education due to lack of school fees because my parents were poor. I started farming variety of food which includes maize, Beans, cabbages , tomatoes and Kales.
I started this business because it only requires small capital since I had already been given family land by my parents . This Business have assisted me achieve my goals and take my kids to school. My childrens wants to be Farmers when they grow up because what im doing has inspired them and they want to follow the foot steps of their father. Thank you.

My Business

I m a hard working farmer and what i do is to plant variety of crops and sell them to the community. This Crops are very useful to the community because many people in our village depends on them for food and cash crop. I choose this kind of business because you can provid man power for yourself and No much exprience is needed. The cost of this business is 200 dollars. The profits that i get from this business i use part of it to pay school fees for my kids and save the rest for the upkeep of the business And Expansion of the Business. Thank you.

Loan Proposal

Hi lenders, i kindly request you to support me add stock to my Hotel. Given this Loan , I will buy food staffs as follows, 20 dollars i will buy maize flour, 30 dollars for Wheat flour and 30 dollars cooking oil. This Hotel Business will help me pay school fees for my children and also create employment for the less fortunate people in my community.
This loan will increase my daily profit by 50%. From 20 dollars a day to 35 dollars a day. thank you so much.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$68.00

Date disbursed

Jan 22, 2016

Repayment status

On Time

Projected term

7 months

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

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  • Bernard    Sep 9, 2016

    I cannot reach this borrower. He and his references are out of reach.

    VM

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  • Kosima    Jul 4, 2016

    hi lenders i wish to reduce my instalments due to the loses i have incured

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  • Kosima    Jun 15, 2016

    thank you lenders for your support this loan is going to improve my farming hence maximizing the profit thank you.

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  • Kosima    Jun 13, 2016

    Hi lenders, i wish to thank you so much for the loan you gave me it has really changed my life I can now pay school fees for my children and import some products for my farm. Thank you.

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  • Kosima    Jun 8, 2016

    Hi lenders i wish to udjust my instalments to stabilize my Business

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  • Kosima    Jun 1, 2016

    I would like to thank my lenders so much. The loan that I was given has really changed my life and that of my family. the Business is doing very well and im looking forward to expand it and export some of my farming products thank you so much and be Blessed.

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  • Kosima    May 27, 2016

    thank you lenders for your support, im going to buy farm inputs and fertilizers for my farm

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  • Kosima    May 26, 2016

    I wish to thank you so much for the loan you gave to me. My business is doing so well and I have increased my daily profit thanks.

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  • Kosima    May 9, 2016

    Due to poor weather i wish to reduce my instalment

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  • Kosima    Feb 2, 2016

    Hi lenders, i wish to adjust my installments due to some issues... i will adjust once settled thank you.

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  • Kosima    Jan 21, 2016

    hallo my dear lenders, I m going to buy stock for my hotel. i will use 30 dollars to buy cooking oil, 20 dollars for maize flour and 20 dollars for wheat flour. this will help me double my daily profit by 50%. from 20 dollars a day to 35dollars. Thank you so much for your support, be Blessed.

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  • Kosima    Jan 20, 2016

    Hi lenders, I wish to thank you for the Loan you gave which helped me to to buy Farm input hence having good returns from my Farm. Thank you very much I can now pay school fees for my kids.

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  • Bernard    Dec 16, 2015

    Hello lenders, I have not been able to reach this borrower in the recent past. His references are also out of reach.

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  • Bernard    Sep 17, 2015

    Kosima is currently out of reach but I will make efforts to reach him for further clarification about his repayment schedules. thanks

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  • Kosima    Aug 3, 2015

    Hi lenders I have reduced my instalments because im yet to harvest my crops i will increase as soon as I have completed harvesting.

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  • Kosima    Jul 24, 2015

    Hallo lenders thank you so much for your support. This loan I will buy D.A.P fertilizer for top dressing my crops and buy vegetables seeds. Thank you God bless you.

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  • Kosima    Jul 20, 2015

    I would like to thank Zidisha lenders for the surport they have given me. The Loan I was given I purchased fertilizers and seeds for my farming materials. this made a defference since I M expecting to have plenty of harvest this season. Im expecting to Harvest double my usual harvest and my profit in Kales, tomato, and Gabbage have increased by 50%. from 25 dollars a zday to 50 dollars . this helps me to get school fees for my children and provide their Basic needs.

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  • Kosima    Jun 21, 2015

    Hi lenders, the loan that i received I have bought farm input and this is the reason why I have reduced my instalments. I will increase once I harvest part of my crops. Thank you.

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  • Kosima    Jun 8, 2015

    hi lenders, I bought fertilizer and my crops are doing well> Thank you so much and be blessed.

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  • Kosima    May 29, 2015

    Thank you so much lenders, This Loan I will Buy Fertilizer for Top dressing maize crops. this will cost me 100 dollars. This will improve and increase production of my 2 acre farm that I have planted this season. Thank and be blessed.

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