Application for a loan

John

Kahawa West, Kenya

100% repaid

Entrepreneur

Name

John

Member since

November 2014

On-time repayments

298 installments  •  90%

About Me

I reside in Nairobi, Kenya. I run a small, informal business which provides me with an income to cater for my family's day to day needs. I got into business when I was laid of from work. Sourcing for capital was a major problem especially for 'small' people like me i.e in terms of ability to source for securities for loans. Luckily, Zidisha Inc came along and it has been a major help. It has continually assisted me with money to boost my business. Many thanks to Zidisha and my kind lenders.
Of late, I have entered into environmental conservation by planting tree seedlings and giving them out or selling to community groups for planting and conducting public education on the need for it. This I do during my free time.

My Business

My business is located at Kahawa Estate, Nairobi, which is a large residential and business estate. I sell domestic towels namely- face, kitchen, dish clothes, for saloon, bathing and for general purpose. I choose this kind of business since the many people around me will be in need of the kind of products that I sell. I have a small stall from where I display and sell my ware(s) from. This is usually in the afternoons when people are going back to their houses or moving from their business/work. In the mornings, I usually deliver supplies to my customers or display/hawk my stuff in areas outside my locality. Since I display my wares in the open, I only do so for a small part of the stock. I buy enough that I know I will manage to dispose off in the shortest time possible to avoid dust/dirt. The past three months have been rather low in sales as circulation of money has been limited as it has been a dry season. Short rains have started and Kenya being an agricultural country, money generally follows the rains. We are also getting into the holiday season and demand for my products will rise hence sales will be high.
Through my business, I have managed to pay for the upkeep of my family and meet my/our daily financial needs. I have also managed get some capital to venture into tree planting, which is a worthwhile activity towards environmental conservation.
Zidisha has generously assisted me, and I have managed to expand my business and reach more customers.

Loan Proposal

I need to buy the following items(towels):
Face 10000 KES/100 USD
Kitchen 12000 KES/120USD
Hand 13600 KES/136USD
Bathing 16000 KES/160USD
Saloon 10000 KES /100USD
Total 61600 KES /616USD NB: 1USD appr 100 Ksh
I will use my savings of about KSh 21600/USD216 to fill the gap (61600-40000)

If you kindly allow me to have this loan, I will manage to enlarge my business by increasing the stock both in volume and diversity. I will have more to offer my customers and this in turn will increase my income through which I will manage to educate my two kids and provide for them in terms of food and shelter. Thank you so much for your assistance.

Feedback

6

None

None

  • BernadetteV    Mar 21, 2021

    I appreciate, John, that you are making repayments of your loan. All the best to you

    Log in to reply • Share
  • BernadetteV    Nov 5, 2018

    John is serious with repaying his loans and it’s always a pleasure to support him and his projects.
    Wishing him all the best.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$537.00

Date disbursed

Apr 22, 2016

Repayment status

On Time

Projected term

31 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

Scott

Oregon, United States

T

ToddK

Indianapolis, IN, USA, United States

G

graememoss

Amsterdam, Netherlands

mtnsailor

Harrisonburg, United States

ads68

Melbourne, Australia

C

Caalve

Bratislava, Slovakia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JonB

London, United Kingdom

xtrahardware

Cazenovia, United States

MrMichigander

Marquette, United States

Paul Buchheit

Mountain View, United States

N

Nijntje

Netherlands

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

P

Panda6689

United States

M

Manley

Windermere, United States

Otto Barten

Amsterdam, Netherlands

N

Nicolaas

Doha, Qatar

D

ddm08

United States

Family Mueller

Petershagen, Germany

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

H

Hakon

Drammen, Norway

C

Chitti421

United States

PG

Paul Graham

United States

John Minges

United States

DL

Dan Lawrence

United States

Jason Ormand

New York City, United States

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

M

Mark

United States

DB

Doug Brower

United States

Heidy

N J, United States

EB

Ellen Batten

Kalamazoo, Michigan, United States

R

Roanna

Alberta, Canada, Canada

MH

Meg Holland

United States

K

kris

Belgium

MT

Marco Tietz

United States

WS

william smith

United States

Gabriel Fenili

Santo André, Brazil

Derek Haney

New Orleans, United States

S

stevensau

United States

Mojoe

Atlanta, United States

KE

Karen Epolito

Syracuse, NY, United States

FJ

Flo Jo

United States

T

tonym

Australia

GG

Gituru Gitumbi

Seattle, United States

MF

Marissa Fiore

United States

JG

James Greer

United States

DS

Dana Smith

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

Carla

United States

SB

Sue Bucholz

Sacramento, United States

JB

John Brown

United States

RK

Robin Kinman

United States

Jes-c

United States

B

Brett

Australia

JS

johnny smithson

United Kingdom

Bill Ballew

Kansas City, Missouri, United States

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

JM

Jane Mattoon

United States

RK

Robin Kline

United States

E

El

United States

QH

Qasim Halai

United States

JB

John best

United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

cchhrriiss

Munich, Germany

Caitlin Campbell

Chicago, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

M

MC

Canada

Thomas Naimoli

United States

M

Mika

Switzerland

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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