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George

Nakuru, Kenya

Expired

$706 to go

26% funded of $950 goal

days left

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How it Works

Entrepreneur

Name

George

Member since

August 2012

On-time repayments

121 installments • 81%

About Me

My name is George Nyakundi Siko . I am a family man with five children.
I come from Bahati area as you travel along Nakuru/Nyahururu road as you reach Jomo Kenyatta High School you go to the next stage called Mwisho wa Lami. You alight at that stage and just ask for George’s Shop you will also see the shop on your right hand as you alight. The plot is in the shamba plot no2625.
I was born in Bahati area where I started school in the same area , in a school called Ourlady of Fatima Primary School. After completing my education I started helping my parent in farming business and then I started small business which have grown to a big business today. when I started the business I could sometime fall short of the commodities but I used to even travel far and wide to look for the missing commodities e.g maize or maize flour.

My Business

I have a shop where I have stated at Mwisho wa Lami stage. I sell different types of commodity rage from food stuffs and other goods. I get about 25000 per month and annually is about 300000. I also do farming where I get about 200000 per year. So the total annual income is about 500000. I use the amount to buy new stock for the shop pay school fees for my children and also pay for my other bills.
I operate a general shop where i live at Mwisho wa lami . I sell different types of commodities e.g. food stuff like maizee flour , all types of cereals and other house hold goods. With the profit i get from my business i pay zidisha loan , pay school fees for my children and last time i bought i motor bike and also i use the remaining for home improvement.

Loan Proposal

Maize - 50000 Kes
Beans - 50000 Kes
total 100000 Kes
the additional amount and the money for transport will be from my savings .

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$950.00

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Janice Apr 30, 2020

Mr. George will update his loan account this weekend. Thankyou

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Eunice Atieno Apr 16, 2020

He is still committed to pay his remaining loan balance and update his zidisha account.

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Deryl Mar 8, 2020

George is actually in a financial crisis,and he said that he is looking forward to completing the loan payment , thank you.

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George Jan 27, 2020

i would like to adjust the installment to be 2000 per week due to the slow down of business.

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M
Mary Dec 29, 2019

Thank you George for your continued effort in repaying your Zidisha loan. It is appreciated. Wishing you a Happy, Healthy, and Prosperous New Year! Mary

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George Dec 9, 2019

i will not be able to pay the whole amount my business have not picked up as I hoped so i wish to be allowed to Kes 2000 for 5 installment

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George Oct 25, 2019

i would like to reduce the installment to 2000 because my business still slow and it has not gone up hoping after those days may be my business we increase.

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George Sep 14, 2019

my business have not yet pick and this time is back to school so whatever i am getting is being divided into two, loan and school. please bear with me and allow me pay kes 2000.

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George Jul 29, 2019

My business is low at the moment

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M
Mary Jul 14, 2019

I hope your business is growing George. Please reduce your Zidisha payments of you need to. It is better to make smaller payments on time rather than miss payments.

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Pheobe Jul 8, 2019

George siko promises to continue his repayment soon

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George Jun 12, 2019

i received amount of kes 62,729
I bought the following goods:-
Maize 10 bags @ 2500 25,000
Beans 5 bags @ 3500 17,500
Rice 50kg 10 bags @ 2500 25,000
Sugar 50kg 10 bags 3500 35000
Total 102,500
i thank the lenders for the loan.

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George May 30, 2019

thank you lenders for raising the loan.
i will buy maize for 500
beans for 500

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M
Margaret May 26, 2019

Good luck George with your new loan!

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M
Mary May 18, 2019

I hope you can continue to grow your business George. Zidisha is a wonderful tool to help a business owner like you !

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C
Caleb Mar 30, 2019

i wil expand my business

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George Feb 16, 2019

i will buy maize and beans to stock my shop which i will sell later
maize - 50000 Kes
beans - 50000 Kes
total 100000 Kes

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Caleb Mutia likes this.
Brian May 24, 2016

Hi lenders George Siko insists that he still does not how this all works even after explanation i wish we could do morr to make him understand.Thank you!

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