Loan to purchase stationery

Peter

Gitaru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Peter

Member since

January 2015

On-time repayments

58 installments • 16%

About Me

In a village called Gitaru in year 1980 a beautiful handsome boy was born. i used to walk through the a dusty and muddy rd during rainy season in order to achieve my education at Kanjeru Primary School and Kikuyu Township Secondary School. My greatest challenge was when i worked as a tout in order to raise college fees. My home area is surrounded by wetlands. i love soccer and i am adventurous.

My Business

I do work as a freelance IT guy. Computing is my main area of service considering Kenya is in a digital mood. The demand for computer parts and services is very high in Kenya and especially Kikuyu town where i am. I also do buy and sell computer software's and parts. Funding the software's, hardware and Stationery whereby returns are used for home basic need.

Loan Proposal

I want to add some stationery in my current stock. This includes
Quantity Price Total Sale Sale total
Memory cards 5 5 25 8 40
Photocopier 2 3.7 7.4 4 8
Ink (Epson) 6 2.8 16.8 3.1 18.6
49.2 66.6
At the end of the sales there will be a balance of 17.4 dollars which will be used to repay the loan and balance i boost the business kitty. i have noted there is a high demand for the above items in Kikuyu town.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 6, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Apr 2015: $100

Lenders

McJulio

New Jersey, United States

Isak Maaseide

Tromso, Norway, Norway

Prometheus

Duisburg, Germany

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Peter Dec 8, 2015

My business has not yet picked up but with holidays im expecting good returns.

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Moses Oct 26, 2015

Dear lenders i have talked to Peter and from our previous conversations he agreed to pay, i will do another follow up call this week and report back to you

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Peter Sep 9, 2015

The business has not been doing well. However i may be paying more than what i have posted.

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Moses Aug 9, 2015

Dear lenders from the last communication i made to peter i have not communicated but this week i am doing an all round communication.

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Moses Jul 7, 2015

Dear lenders i sent Njoroge a text to reduce his amount and he replied my text and said he has reduced and he is going to pay back.

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Peter Jun 30, 2015

I lost one my foster father who was also my mentor on 12th Juneand it has really affected me.

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- Roy Jun 30, 2015
  
  We are very sorry for your loss....Good luck in the future.
  
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Moses Jun 3, 2015

Dear lenders i spoke to peter on the phone and advised him to reduced the amount to a manageable amount, which he agreed to do.

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Peter Apr 28, 2015

I will add more mobile phone casing and batteries. It will boost my capital and also help offset payment of rent. Thanks a lot Zidisha team.

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Peter Mar 30, 2015

I have now increased my stocks compared to what i had beginning of February and the business is more stable than before. I can now say i have more flash disks and memory cards on the counter. Most of the returns i was investing it into the business. Thanks to Zidisha Team.

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Peter Feb 16, 2015

Hi all.. I bought some Memory Cards and flash disks whereby i was able to sell all of them by yesterday 15th and made a profit. I was able to repay the first installment and remained with something small. I have bought the second lot and all thanks to Zidisha.

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