Entrepreneur
Name
Moffat
Member since
March 2019
On-time repayments
88 installments • 84%
About Me
I am a native Kenyan citizen, born and raised in a third world country, face to face with all the shortcomings of it : Poverty, Poor Infrastructure, Hunger, Political instabilities, Under Development, Diseases, Corruption, Civil Wars just to mention a few. Born to two peasants who were casual labourers by then doing small casual jobs, they struggled to raise me together with two of my siblings and they have been through thick and thin to see us through school, I studied from elementary to tertiary thanks to government funds, NGO sponsorships and well wishers yet still it was not a walk in the park, am expected to pay back part of the Higher Education Loan Board (HELB) the cash they lended me for my campus fee as soon as I begin working. My desire is to own and run a stable business, I have a small one that is up and running but as they say the sky is the limit and am not even at the clouds yet,but nothing comes on a silver plata, I have to work for it, am not keen with being employed due to limited opportunities despite having well deserving certificates also I do not opt for employment due to its "enslaving" nature. A friend of mine categorically testified to me how Zidisha enabled him to grow and realise his goals and objectives and for sure it caught my attention and I said to myself, why not? I want to eradicate poverty off my shoulders and also save my family along and am quite optimistic Zidisha will be a part of this magnificent transformation. I want to grow bit by bit using this platform building a mutual relationship that at the end will bring up something beautiful, something to go down the history books.
My Business
I have an Mpesa shop accompanied with a few small add ups like sweets, credit and accessories, I need a loan to strengthen my capital base and solidify my business in the competitive market. The loan helps me buy small but fast moving and profitable products like sweets. I want to venture in three basic consumer goods that are ever on demand for both wholesale & retail, these are: Cooking oil, Cooking flour and Rice, these three always have a stable demand inspite and despite financial crisis at hand, and not only am I planning to start but also transport them to the door of my clients. For me to sale them at wholesale I will need to be buying them in bulk so that I can get a discount and this means more funding. I use the profits to invest more in the business since am single and not studying also have no responsibilities attached to anyone except myself. This will help me create job opportunities to the job seeking masses in my country.
Loan Proposal
I am hereby applying for another loan to add more inventory to my store, the demand for my food retail products is high and am not in a good position to sustain my market effectively, some of my clients are slowly leaking away due to the fact that am not able to supply to all of them with the stock that they want, some need them in bulk as a one stop shop. I have a ready market, delivery means as well as a spacious store to keep a large stock of goods but its almost empty. I am in dire need of help to sustain the market that I already have at my disposal, its mine to loose. I cannot loose it when I have generous lenders like you through Zidisha to help me sort this out. I am looking forward to your positive response, cheers!
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$341.00
Date disbursed
Jun 20, 2019
Repayment status
On Time
Projected term
21 months
Lenders
Southampton, United Kingdom
London, United Kingdom
Wausau, United States
United States
Germany
United States
Belgium
United States
San Francisco, United States
Göteborg, Sweden
Australia
Atlanta, United States
United States
Summary
Amount repaid
$341.54
Amount remaining
$0.00
Date repaid
Mar 10, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 30, 2019 | $9.85 | Jun 30, 2019 | $9.85 |
| Jul 7, 2019 | $0.49 | Jul 7, 2019 | $0.49 |
| Jul 14, 2019 | $0.49 | Jul 14, 2019 | $0.49 |
| Jul 21, 2019 | $0.49 | Jul 24, 2019 | $0.49 |
| Jul 28, 2019 | $0.49 | Jul 28, 2019 | $0.49 |
| Aug 4, 2019 | $0.49 | Jul 28, 2019 | $0.49 |
| Aug 11, 2019 | $22.66 | Jul 28, 2019 | $3.94 |
| Aug 4, 2019 | $9.85 | ||
| Aug 25, 2019 | $3.94 | ||
| Sep 9, 2019 | $4.93 | ||
| Aug 18, 2019 | $0.00 | ||
| Aug 25, 2019 | $0.00 | ||
| Sep 1, 2019 | $0.00 | ||
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $84.75 | Sep 16, 2019 | $84.75 |
| Sep 22, 2019 | $39.42 | Sep 22, 2019 | $39.42 |
| Sep 29, 2019 | $9.85 | Sep 29, 2019 | $9.85 |
| Oct 6, 2019 | $0.49 | Oct 6, 2019 | $0.49 |
| Oct 13, 2019 | $0.49 | Oct 14, 2019 | $0.49 |
| Oct 20, 2019 | $0.49 | Oct 28, 2019 | $0.49 |
| Oct 27, 2019 | $0.49 | Oct 28, 2019 | $0.49 |
| Nov 3, 2019 | $0.49 | Nov 5, 2019 | $0.49 |
| Nov 10, 2019 | $0.49 | Nov 19, 2019 | $0.49 |
| Nov 17, 2019 | $0.00 | ||
| Nov 24, 2019 | $0.49 | Nov 24, 2019 | $0.49 |
| Dec 1, 2019 | $0.49 | Dec 8, 2019 | $0.49 |
| Dec 8, 2019 | $0.00 | ||
| Dec 15, 2019 | $0.00 | ||
| Dec 22, 2019 | $0.00 | ||
| Dec 29, 2019 | $0.00 | ||
| Jan 5, 2020 | $0.49 | Jan 1, 2020 | $0.49 |
| Jan 12, 2020 | $0.49 | Jan 13, 2020 | $0.49 |
| Jan 19, 2020 | $0.49 | Jan 19, 2020 | $0.49 |
| Jan 26, 2020 | $0.49 | Feb 2, 2020 | $0.49 |
| Feb 2, 2020 | $0.49 | Feb 4, 2020 | $0.49 |
| Feb 9, 2020 | $0.00 | ||
| Feb 16, 2020 | $0.49 | Feb 11, 2020 | $0.49 |
| Feb 23, 2020 | $0.49 | Mar 17, 2020 | $0.49 |
| Mar 1, 2020 | $0.49 | Mar 17, 2020 | $0.49 |
| Mar 8, 2020 | $0.49 | Mar 17, 2020 | $0.49 |
| Mar 15, 2020 | $0.49 | Mar 17, 2020 | $0.49 |
| Mar 22, 2020 | $0.00 | ||
| Mar 29, 2020 | $0.49 | Apr 7, 2020 | $0.49 |
| Apr 5, 2020 | $0.49 | Apr 7, 2020 | $0.49 |
| Apr 12, 2020 | $0.49 | Apr 28, 2020 | $0.49 |
| Apr 19, 2020 | $0.49 | Apr 28, 2020 | $0.49 |
| Apr 26, 2020 | $0.49 | Apr 28, 2020 | $0.49 |
| May 3, 2020 | $0.00 | ||
| May 10, 2020 | $0.50 | May 5, 2020 | $0.50 |
| May 17, 2020 | $0.50 | May 19, 2020 | $0.50 |
| May 24, 2020 | $0.50 | May 26, 2020 | $0.50 |
| May 31, 2020 | $0.50 | Jun 3, 2020 | $0.50 |
| Jun 7, 2020 | $0.00 | ||
| Jun 14, 2020 | $0.00 | ||
| Jun 21, 2020 | $0.00 | ||
| Jun 28, 2020 | $0.50 | Jun 23, 2020 | $0.50 |
| Jul 5, 2020 | $0.50 | Jul 9, 2020 | $0.50 |
| Jul 12, 2020 | $0.50 | Jul 21, 2020 | $0.50 |
| Jul 19, 2020 | $0.50 | Jul 21, 2020 | $0.50 |
| Jul 26, 2020 | $0.50 | Jul 28, 2020 | $0.50 |
| Aug 2, 2020 | $0.00 | ||
| Aug 9, 2020 | $0.00 | ||
| Aug 16, 2020 | $0.00 | ||
| Aug 23, 2020 | $0.00 | ||
| Aug 30, 2020 | $0.00 | ||
| Sep 6, 2020 | $0.50 | Sep 2, 2020 | $0.50 |
| Sep 13, 2020 | $0.50 | Sep 11, 2020 | $0.50 |
| Sep 20, 2020 | $0.50 | Sep 22, 2020 | $0.50 |
| Sep 27, 2020 | $0.50 | Sep 29, 2020 | $0.50 |
| Oct 4, 2020 | $0.50 | Oct 6, 2020 | $0.50 |
| Oct 11, 2020 | $0.00 | ||
| Oct 18, 2020 | $0.50 | Oct 13, 2020 | $0.50 |
| Oct 25, 2020 | $0.50 | Oct 27, 2020 | $0.50 |
| Nov 1, 2020 | $0.50 | Nov 3, 2020 | $0.50 |
| Nov 8, 2020 | $0.50 | Nov 10, 2020 | $0.50 |
| Nov 15, 2020 | $0.50 | Nov 17, 2020 | $0.50 |
| Nov 22, 2020 | $0.00 | ||
| Nov 29, 2020 | $0.50 | Nov 24, 2020 | $0.50 |
| Dec 6, 2020 | $0.50 | Dec 8, 2020 | $0.50 |
| Dec 13, 2020 | $0.50 | Dec 15, 2020 | $0.50 |
| Dec 20, 2020 | $0.50 | Dec 22, 2020 | $0.50 |
| Dec 27, 2020 | $0.50 | Dec 29, 2020 | $0.50 |
| Jan 3, 2021 | $9.77 | Jan 5, 2021 | $9.77 |
| Jan 10, 2021 | $9.77 | Jan 16, 2021 | $9.77 |
| Jan 17, 2021 | $9.77 | Jan 20, 2021 | $9.77 |
| Jan 24, 2021 | $9.77 | Jan 26, 2021 | $0.50 |
| Jan 26, 2021 | $9.26 | ||
| Jan 31, 2021 | $9.77 | Feb 2, 2021 | $9.77 |
| Feb 7, 2021 | $9.77 | Feb 9, 2021 | $9.77 |
| Feb 14, 2021 | $9.77 | Feb 16, 2021 | $9.77 |
| Feb 21, 2021 | $9.77 | Feb 24, 2021 | $9.77 |
| Feb 28, 2021 | $9.77 | Mar 2, 2021 | $9.77 |
| Mar 7, 2021 | $9.77 | Mar 10, 2021 | $9.77 |
| Mar 14, 2021 | $51.49 | Mar 10, 2021 | $2.22 |
| Mar 10, 2021 | $49.27 | ||
Ask Moffat a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.