To put toward adding stock of building materials

David

Nakuru, Kenya

100% repaid

Entrepreneur

Name

David

Member since

November 2017

On-time repayments

15 installments  •  47%

About Me

My name is David Okubasu. I work at construction industry as a skilled worker, I run a small hardware store and I am a small scale farmer. I am married with three children.
I was born in a humble background with a lot of hardship which were escalated further by the deaths of my parents when I was at the age of 10. Through difficulties I managed to get through primary and secondary education.
After my secondary education I joined the informal sector since I had no one to sponsor my college education. I worked in farms and construction sites doing menial jobs, and later became a successful skilled worker in block laying, ceramic/pvc tiles laying and welding.
At my free time I make it to visit children's homes perhaps to give them hope that there is always a way in life to make it to beat the odds.

My Business

Hardware Store: My experience in life has driven me to dreaming bigger and starting small to attain a certain goal. In 2016, I saw an opportunity and decided to start a small business in line with my duty of work. I started a small hardware store which I provided the market for, supplying building materials in the construction sites I worked. I experienced a significant growth of an estimated rate of between 20%-25%pa, until when the Covid 19 pandemic came in. Since then I have been working on the measures to ensure that my business stands again on its feet, and thanks to ZIDISHA COMMUNITY for being there for me for financial support. With you I know I will get to the greater heights.

Loan Proposal

I shall buy more cement to increase my stock in my shop

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$15.60

Date disbursed

Jan 9, 2019

Repayment status

Late

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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  • David    Aug 25, 2022

    I accept the loan which will help me save for a desk top computer to restart my business and add my stock. Thank you Zidisha

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  • David    Aug 25, 2022

    I am intending to restart my business. Thank you Zidisha

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  • David    Aug 24, 2022

    This loan will help me continue saving to buy a desk top computer to help me in the business of hard Ware Store am yet to start. Thanks to Zidisha

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  • David    Aug 23, 2022

    The previous loan helped me save to purchase a desk top computer which I intend to use in my business when I open. Thank you Zidisha family for being there for me.

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  • David    Jul 24, 2022

    Am happy that the last loan I received helped me to purchase miscellaneous but important items needed to restart my business such as: Receipt books, rubber stamp and documentation files. Thank you Zidisha.

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  • David    Jul 12, 2022

    I received a total of 1,072/= which I added to my savings to help me reopen my business which was affected by COVID-19 in 2019. Thank you Zidisha family for being there for me. The next loan, if given, I will continue with the savings to make sure that I get back my business to operation.

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  • David    May 12, 2022

    I am happy to share with you what happened when I took my first loan at ZIDISHA. I invested in buying more stock of cement which increased my stock by 15%, where I saw an increase in my profits. I'm trusting if I continue taking more loans and pay in time I'll go far in my venture. Thanks ZIDISHA for being there for me

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  • David    Dec 21, 2018

    I have read more about zidisha and understood the most part of it. It has been simplified in an understandable language, making it enjoyable. Looking forward for my loan disbursement

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