Audio visual equipments

Moses

Kasarani, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

November 2017

On-time repayments

25 installments  •  52%

About Me

Am Moses Mwangi Ndonga aged 28 years,born and raised in Murang'a county.I finished my O level studies in 2009 and there after joined college where i graduated with a diploma in COMPUTER ENGINEERING ,later got employed whereby i worked for three and a half years.While i was employed an idea hit my
mind of starting a business.I sourced for funds from my family and friends and started this business located in Nairobi central business district .I am married and have a child who is 1year 8 months old.Am a very disciplined individual,self driven and humble.

My Business

My business is located in Nairobi Accra road known as MILLEM GENERAL ELECTRONICS LTD (www.millemgeneralelectronics.co.ke) which i started in the year 2016,the month of September. The businnes has gradually grown to be a private company after our incoporation on June 2019.Generally we deal with sale and servicing of audio visual equipments. I decided to start this kind of business out of the experience i acquired from my former place of employment ,in a month i have to incur rent,electricity,internet and business permit bills .
My revenues comes from the sale and servicing of audio visual equipments.
Profit from the business is used to cater for personal,family,restocking and savings.

Loan Proposal

I intend to buy 8 PCS HDMI CABLES COSTING 10$ each ,by me buying these cables i will manage to get good profit to cater for my shop rent,family expenses and also save the rest for my business continuity.
I expect my profit to increase by 15& because i will be able to sell the cables at 25& per piece.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Mar 25, 2018

Repayment status

On Time

Projected term

2 months

Lenders

M

mariamfula

United States

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

Joshi

United States

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  • Moses    Oct 18, 2018

    Hi lenders,i have been trying to apply for a loan but i have been getting this message,We're sorry, your loan application was not approved. Since available lending funds and approval criteria may change in the future, we recommend checking your dashboard periodically and trying a new loan application when the Loan Proposal button is again displayed....what might be the problem with my loan application,secondly how to i get my members loan fund refunded back to me.

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    • Christian    Nov 6, 2018

      Hello Moses,
      Very sorry for the challenges you are going through. Looking through your page, I can see that you have a poor repayment attitude, your on-time repayment is as low as 52%, making you a high risk borrower.
      I can also see that you don't really understand how Zidisha really works. You hold on to your weekly repayment for long time and then at one time you make all the payment at ago. No!!! That is not how it works at Zidisha. Make your 1st repayment and then adjust your subsequent or future repayments to an amount you can easily pay weekly without missing any repayment.
      About your MLF refund, kindly log a ticket using the help or support ticket, For example www.zidisha.org/borrower/help and follow the instruction
      Thank you and wishing you all the best

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  • Moses    Sep 11, 2018

    Good afternoon lenders,i want to first thank you for the previous loan that you granted me,that was a loan that greatly impacted on my businesses because i was able to purchase TP LINK ROUTERS that i supplied to my client in good time.My profit as well as the trust i got from my client was one that enabled me get referrals from other client whom am looking forward to you to grant me another loan so that i can supply the current order that i have and i would humbly appreciate your support in growing my businesses to the next level.

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  • Moses    Jul 18, 2018

    Thank you very much my Lenders,i do appreciate this loan offer and as i had put it in my loan request,this money will help me purchase TP link routers to supply to my client.
    I appreciate this effectivenes

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  • Moses    Jul 11, 2018

    Halloo lenders,i was very delighted for the loan that i just finished paying though late,i promise to be punctual in the forthcoming one.
    I used the loan to purchase projector mounting brackets which after selling i got a 50% profit,which i later used the proceeds to buy more projector accessories like Hdmi cables and Hdmi switchers.
    The business is enabling us finish the construction of our three bedroom house at our rural home.

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  • Moses    May 22, 2018

    Good Morning lenders,yesterday 21/5/2017 i made a payment of 4,500 Ksh but i don't see it reflecting in my payment schedule ,what might be the problem?

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  • Thomas    Apr 30, 2018

    i spoke to Moses he said his business has been low but he promised to start making payments soon.

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  • Moses    Apr 9, 2018

    Halloo lenders,i recieved your loan of 5,186 Ksh ,which i bought some few projector mounts,i truly thank you for the loan.

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  • Moses    Mar 23, 2018

    Thank you so much my lenders,i do appreciate this loan that you have granted me,it will help me in buying projector mounting brackets to supply to my clients here in Nairobi .
    Thank you once again,and be blessed.

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  • Moses    Mar 9, 2018

    Thank you so much for the loan,i managed to purchase projectors ceiling mounts,which after selling i managed to get a good profit margin and also gained the trust of my client in terms of availability and reliability.

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