Laptop for data and bookkeeping

Denis

Nairobi, Kenya

19% repaid

Entrepreneur

Name

Denis

Member since

October 2014

On-time repayments

51 installments  •  27%

About Me

I am 30 years old married with three children all are great boys, first born is in class 2 and aspires to be a surgeon, second born is in class 1 aspires to be an engineer and last born is in pre-unit dreams to become a celeb. I love gospel music and we are a christian family and this has helped us, my wife and I to have good morals and extended the same to our beloved children.
I was born in Rift valley province in Nakuru county a place well known in large scale maize farming, flower farming and other small scale farming. I engaged myself in farming after completing my secondary school (O' level) in year 2003. I was not lucky enough to proceed immediately to college. I went into farming activities for a while but I felt I was not getting well along with it and I decided to look for other opportunities.
I traveled to the capital city Nairobi to look for greener pastures just like any other young people do. I had no qualifications to secure any white color job and I had to get myself working in the informal sector like hawking second clothes and working in construction sites. After saving some few shillings, I opened a small shop dealing with food stuff like rice, flour, fats&oil, sugar and other stuff stocked in a shop. The remaining money I enrolled in a college and took certificates in programming and packages. I took this classes on part time basis and continued to run my shop.
I completed my certificate course on year 2005 and I have been running my small shop which I have successfully extended it and included also groceries.

My Business

Through some small savings from hawking second hand clothes and working in construction sites, I had to weigh out so many options regarding which business best suites this city with its massive population. I had to spend some few days doing my study on which things people require most and basically they cannot do without . An idea struck my mind after observing for a while three basic needs that one cannot do without. This basics being food, health and shelter. I decided to go with the food option.
Having an advantage of dense population in Nairobi East commonly known as East lands, I sought a vacant business room for $66.2479 which was one month rent plus deposit, I shelved it at $53.2066 and stocked it with a small stock of about $110.413 that I could afford at that particular time. I mainly started stocking with maize flour, wheat flour, oils&fats, sugar and lighters only. At first it was a challenge on winning customers' confidence and dealing with so many stock-outs. The challenges that I faced like, fraudulence where customers shopped with fake currency, stock-outs, when a customer asks for something but you don't have it on the shelves. Product quality, this is basically when we are dealing with counterfeit products. I have learnt quite a lot on dealing with customer service and handling delicate complaints that arise on day to day life.
My business has grown steadily over the past few years from daily sales of $44.1653 to a sale of $71.7686 and currently I have been able to stock it with all the necessary products like cereals & grains, sanitaries, toiletries, confectioneries, books, groceries and eggs which I get directly from the farmers and the list is endless. Depending on the day, I normally get a profit of $11.0413 to $8.83805 a day and it has helped me to meet my bills and put a plate of food on the table.
Through this hard work , I have also been able to take my children to a better school and recently I took my wife to college to take up a diploma course in business management.

Loan Proposal

During the past two months, my business has been doing well and more especially during the month of December which I did very good. It is a month that is usually very busy and this taught me something very vital in my business. If I want to know the perfomance in my business, I must have good records. By this I mean, the record of all the receipts that I buy the stocks with and how the stock movement, whether I have dead stock or less stock. So this will help me track it's movement, profit margin and determine my next orders to avoid stocks outs or overstocking.
I am requesting this loan because I'm intending to buy a laptop that will assist me with all the records and data keeping which is safer. I did some research on the online market www.olx.co.ke and found that I will get a good laptop worth between 222.444$ and 266.993$. I will be very greatful because this will do me really good because it will simplify the work of heaping to many books. God bless you and thank you in advance.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$228.00

Date disbursed

Feb 16, 2015

Repayment status

Late

Projected term

9 months

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Ask Denis 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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  • ccs36    Apr 4, 2015

    Hello Denis,

    I'm just wondering how your business is going.

    Log in to reply • Share
  • Denis    Feb 14, 2015

    Thank you dear Lenders, thank you Zidisha Team I wish you were all here, I would give you a big hug. Thank you for the Valentine gift, may God grant all your wishes and prayers.

    Log in to reply • Share
  • Denis    Feb 9, 2015

    Dear Zidisha Lenders, your support has helped us realize our dreams and change our lives completly from extreme poverty to a decent life. I myself, I can't thank you enough because you are God sent angels who came during my time of need. Having a running business is not something easy but you made it happen. I therefore appeal to all dear Lenders kindly come to my aid in raising this loan so that I will also fulfil the promise i made to employ a neighbor who finished school last year. Your support will also help me remain strong and competitive, please I need you. God bless you all.

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  • Denis    Feb 5, 2015

    Dear ccs36,
    Thank you very much and I believe all will be well.

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  • ccs36    Feb 5, 2015

    Denis,

    Congratulations! I hope to have some more funds soon so I can put some more your way. I've continued to follow you even though I wasn't able to lend to you on your initial loan.

    Log in to reply • Share
  • Denis    Feb 3, 2015

    Dear Lenders,
    I would like to take this opportunity to appreciate you for all your effort that you put in us. Every help you gave has bore fruits and that's why I am able to pay my loan in full and with ease. My business is growing and now I want to open an eggs depot, which I will supply to other shops in whole. Thank you and God bless.

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  • ccs36    Nov 20, 2014

    Denis,

    I'm very glad to see you get fully funded and that you have purchased the weighing scale. Even though I wasn't able to help fund the loan this time I will keep a watch out for you.

    I wish you continued success in your business.

    Log in to reply • Share
    • Denis    Nov 21, 2014

      Hello,
      I am very grateful and I humble myself for your concern.
      Thank you very much.

      Log in to reply • Share
  • Denis    Nov 20, 2014

    Dear Lenders,
    I would like to express my sincere gratitude for the help and support that you have offered to me. I received my loan today early in the morning and I took that opportunity to visit the weighing scale dealer, I purchased it, and by afternoon I had it in my shop. I am very grateful and I will work hard for the great outcome.
    My sincere regards.

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  • ccs36    Nov 3, 2014

    Denis,
    Don't give up hope. Patience is key with Zidisha. Perhaps your next loan proposal will receive more interest from lenders.

    I wish you success in your business.

    Log in to reply • Share
    • Denis    Nov 4, 2014

      Sure, I will not lose hope. Thank you for your support.

      Log in to reply • Share
  • ccs36    Oct 20, 2014

    Denis,

    To begin with, your profile picture does not match your description of a 30 year old man. Next, you offer no details at all as to what exactly your business does, how a digital scale will benefit you versus what you do now, or how much the scale costs. The same goes for the cooler.

    If you could clarify the above then you would be more interesting to lenders.

    I was just browsing through the list of available loans and wanted to provide some input so you can be even more successful.

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    • Denis    Oct 25, 2014

      Hi,
      I have I reviewed all the points you highlighted and I did rectification on the both My Story and Business. But on the Loan Proposal, it has been a problem for me to edit. Kindly advice on how to edit so that I can adjust some points. Thank you.

      Log in to reply • Share
      • ccs36    Oct 27, 2014

        Denis,

        Thank you for the reply and updates! I don't know how to edit the loan proposal. Perhaps you can include it at the end of Business and explain why it's there instead of under Loan Proposal. Your VM might be able to help you as well. You can also email [email protected]

        I wish you luck. I don't have the funds to lend right now. I am waiting for more repayments. Don't give up hope. Patience is key when using Zidisha.

        Log in to reply • Share
        • Denis    Oct 28, 2014

          I appreciate very much for your concern and giving me hope. Your advice has made me learn something of importance and in the future I will observe everything you told me. I have contacted my VM and he promised to look into it. Thank you.

          Log in to reply • Share


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