Adding more chairs to the new create siting space of hotel

David Collins

Kayoo, Kenya

100% repaid

Entrepreneur

Name

David Collins

Member since

January 2015

On-time repayments

68 installments  •  63%

About Me

I am 36 years old marred with three kids. I was borne in homa bay county schooled at Nyagowa primary school, secondary level at Karabok Oyugis, diploma at Eldoret polytechnic, and then finally Moi university graduate with degree in information sciences, apparently working at Mount Kenya University as a Library Assistant and doing restaurant business in Oyugis hometown where my wife is the manager. This business i started after completing my degree in 2012 and there was no job to support may wife's education fee in college doing certificate in education. Maine target is to expand in services and become leading employer in Homa bay county. And because of what my costumers like most in my hotel i plane to start poultry farming and supply my business with hens at list two every day, this will help me not depend on this business alone but to have another income generating activities again.

My Business

I stated my business one year after completing my degree education, with the small capital found from my fathers taxi which i was operating. It started in a small scale as a food kiosk operating next to bus stop where there was many customers and know restaurant around, this gave me an opportunity to capitalize on. The business started with 6000/= and was making profit of 1200/= after paying three workers and water bill 100/= ,today its is making 2800/= less all expenses every normal days of the week. my Maine target to add more chairs and tables to meet the demand of may customers witch is growing daily and to start outside catering for funeral services, meetings and weddings around.

Loan Proposal

the achievement in my business this time has been the new space for the customers. so this loan will help add more chairs to the space. the main target is to have a siting capacity of 46 customers at a times more so, the time of foot ball premier league when customers are many. plastic chairs 12 @ 750 KES each total to 9000 KES. with the more customers will affect the increase in profit made par a day. thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Oct 16, 2015

Repayment status

On Time

Projected term

6 months

Lenders

valentin

Stockholm, Sweden

A

andyfletcher

I want my "My loans" page back, Qatar

I

Interfree

Dubai, United Arab Emirates

OliverSouthwick

London, United Kingdom

JimVandegriff

Trinidad, California, United States

S

SelvaMarcus

Green Cove Springs, United States

P

penguin3694

Chicago, United States

ads68

Melbourne, Australia

E

Erenthydal

Raanana, Israel

fairspirit

Utrecht, Netherlands

gseletko

South Perth, Australia

Z

ZandC

Sacramento, United States

Matthieu

Switzerland, France

E

E

Marin county, United States

dlpringle

Denver, United States

B

BobHope

United States

Matching Fund

Sterling, United States

S

spivurno

United States

S

science4sail

United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

H

hodor

Australia

mepster

San Francisco, Ca, United States

M

madeleinec

United States

P

Panda6689

United States

A

AlphaAres

Azerbaijan

G

GDean

United States

W

wesbh89

United States

J

jdelaporte

United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

Ask David Collins 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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  • David Collins    Jun 6, 2023

    This fund is going to be used in re-opening the business that got closed because of covid 19, and it will only be used in painting the room and buying food stock only, now that other t

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  • David Collins    Mar 20, 2019

    My Business is in new look because of Zidisha loan. Have new chairs and tables. this loan i will add modern chairs and kitchen items

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  • J    Mar 26, 2018

    Dear David,

    You opted to enlarge your credit limit by putting a big part of this loan into the Member Loan Fund. You WON’T receive this on your bank account.
    More info about this can be found in the FAQ (www.zidisha.org/faq#faq-65).

    You can find an overview with the calculations on your “your credit limit” page. (www.zidisha.org/current-credit). Before taking out a large loan, you must first build creditworthiness by repaying small test loans over a period of time.

    If you accept this loan then you should go to your dashboard and confirm acceptance by following the instructions on your dashboard (www.zidisha.org/borrower/da...)

    If you don’t accept this loan then please wait 3 days and it will expire automatically.

    If you already accepted the loan and this was a mistake then please cancel the loan by following the instructions on your dashboard (www.zidisha.org/borrower/da...) Or if this isn’t possible anymore then contact support to ask for an MLF refund.

    Ps. This is a place to communicate with lenders. If you need help from Zidisha staff about your account then you should always create a support ticket using the help menu (www.zidisha.org/borrower/help).

    Kind regards,
    Joost
    Team Zidisha

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  • Kipkoech    Mar 17, 2018

    Will make a visit to Davids Place this coming weekend

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    • David Collins    Mar 26, 2018

      Making visit to my place is good come to visit me. But coming for Zidisha issue no don't because your wasting time am having no loan from ZIDISHA, i made a request of 9000/= and i was given 827/= , of witch i made communication and complain about it to ZIDISHA BECAUSE I COULD NOT UNDERSTAND the deduction. Then communication failed i send the money back(i rejected the loan). So my friend Kipkoech Denis i did not agreed for the deduction and i will not service loan that i dint take and i dint use, you as a business man what do you think.

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  • Judith    Sep 7, 2016

    I spoke with David and sent an email to zidish team on David's case.

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  • Judith    Jun 30, 2016

    Hello Lenders,
    I called David but he did not answer. I therefore sent him a message to send an email to [email protected] in regards to his last message he posted here.

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  • David Collins    May 31, 2016

    A not having any loan to repay at the moment, i requested loan to add stock to my business and was not given. This what i don't understand up to this time, loan of 9000kesh. i only reserved 827kesh of which i returned on the same day. If there is any era hardened during that time it should be corrected. This not the first loan am taking from zidisha have been given loan and returned all at the right time.

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  • Ellen    May 27, 2016

    The email to contact the Zidisha service team who can help you is:

    [email protected]

    Please contact them via that email to get help with your loan. Thanks!

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  • David Collins    May 26, 2016

    Morning.! Have been harpy with zidisha because it helps a lot of poor people to start and grow there business, but today no. if its an era that happened during my loan request it needs to be corrected so that i get my loan for the business. Thanks lenders.

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    • Ellen    May 27, 2016

      On May 5, I sent an email to the Zidisha team to look in to your concern with your loan problem. Julia replied to your comment from that day asking you for more information about what happened. If you want someone to help you, could you please reply to her or send an email to the Zidisha team? Your lenders do not know how to fix the issue you are having, so you need to contact the people who can help you. I hope that your issue is solved. Thanks!

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  • David Collins    May 9, 2016

    Am not paying loan have returned the amount that i was given KS 872/= instead of KS 9000/= I don't understand how one can be given loan total KS 9000/= and gets only ks 872/=. Loan was to add stock to the business, amount given can not help. thanks

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  • David Collins    May 5, 2016

    Hello lenders!. This the third loan that have taken today but not harpy. my loan is KS 9000/= but have received only KS 872/= which have returned not at good faith. The reason for taking loan was to add stock to my business which KS 872/= can not, so the best is to go without loan. Thanks for the support have received. Zidisha has talked of security at the third stage of loan i don't understand, there's referees for this loan. Not that i give a deposit is when to get loan, trust worthy entrepreneurs are also there.

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    • Admin    May 6, 2016

      Dear David,

      I'm sorry for the confusion. The deposit was deducted from your current loan disbursement, because it had not been paid with the earlier loans. You had typed your agreement to the deduction twice (when posting the application and when confirming acceptance of the loan); could you please help us understand how the confusion happened?

      Thank you,

      Julia
      Zidisha team

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      • Ellen    May 27, 2016

        Julia - David has continued to post here that he is unhappy with his loan not being fully disbursed. Are you able to contact him again to figure out what has happened? Thanks!

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  • David Collins    May 5, 2016

    Hello lenders!. This the third loan that have taken today but not harpy. my loan is KS 9000/= but have received only KS 872/= which have returned Anot at good faith. The reason for taking loan was to add stock to my business which KS 872/= can not, so the best is to go without loan. Thanks for the support have received. Zidisha has talked of security at the third stage of loan i don't understand, there's referees for this loan. Not that i give a deposit is when to get loan, trust worthy entrepreneurs are also there.

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  • humblehumanity    Apr 27, 2016

    Good luck acquiring your new loan.

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  • David Collins    Apr 26, 2016

    Zidisha credit rates starts at 19000 but me for that have not been given new credit rate, this going to make may 3 time in taking loan. i know the rules to increase the credit rates but its differs from standard rates for beginners. thanks

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  • David Collins    Apr 12, 2016

    Thanks to lenders, am happy have finessed my loan and it has made a big change in my business. thanks a lot to zidisha family.

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  • David Collins    Apr 8, 2016

    The business has become stable and can re-pay more than the rate have ben paying. and the intres of compliting this lone to reqest for another to expand another business have started is there. Thanks zidisha.

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  • David Collins    Apr 4, 2016

    Halo lenders?; in Kenya the business has gone done for this time but int cant affect a great business man with calculation but it also bring many suggestion in the field of business, thinking to change type of business to something else due to hotel business is one of the areas affected by the fall of economy and insecurity issues that's rampart in Kenya today. Thanks a lot to lenders.

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  • David Collins    Feb 6, 2016

    more job this time because many people are traveling back to there job place after long holiday. have seen increment in profit in my hotel and if it can be like this and the support from zidisha al expand my business. thanks to zidisha family.

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  • David Collins    Jan 20, 2016

    This new year and the business must grow so i plane to get another loan to help expand the business. And again my business is at apposition to repay 400/= every weekend without any problem thanks to zidisha.

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  • David Collins    Oct 22, 2015

    the best thing to do is to become volunteer mentor to help some young entrepreneur in my area also to join zidisha and invite more members too. am harpy with this program. thanks again.

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