Business expansion

Stephen

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

May 2014

On-time repayments

54 installments  •  69%

About Me

I am 37 years of age , married to one beloved wife her name Mary. In the year 2006,we were blessed with a boy later in the year 2008,we were blessed with a baby girl. We live in eastliegh section 3 center plot no. 36/11/1155 thirteenth street eastliegh about 10km from Nairobi city centre. I started business a shop where I later introduced charcoal in the year 2012. This business has really changed my life situation because it has given me money that has enabled me to pay my rent, bills and even take my children to school.

My Business

My business is located at Eastliegh section 3 thirteenth street. It is by the name Stemsa Shop and I sell charcoal. It is located about 100 meters away from the eastliegh section 3 bus stop opposite Dubai supermarket. In my business i give services of selling food products, charcoal, onions, fruits, shoes and cereals. I also sell juices, sugar, cooking oil(solid and liquid ),breads and cakes among other items. I had previously been given a loan from co-operative bank easltliegh branch worthy Kes:80,000 and repaid it within 13 months ahead of time frame of 18 months period. I am requesting a loan from the Zidisha Micro-finance lenders to boost my business and expand. I promise to abide the Zidisha rules and regulations and to be trustworthy and timely through your funds and the repayments time period .Thank you in advance.

Loan Proposal

To buy more stock for my business and do expand the client base. My client base is big hence needs variety of products to be stocked in my store. Generally these loan will assist me in building up the business and I will be able to compete with other shops around the location.I will be grand if I get this money in good time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$380.00

Date disbursed

Jan 14, 2016

Repayment status

On Time

Projected term

3 months

Lenders

KM

British Columbia, Canada, Canada

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

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  • Stephen    May 19, 2017

    Hi Team, Thank you for lending me money on my previous loans I borrowed from you. I am happy and will be repaying this loan in good time. There is a good progress in my business operations.

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  • Stephen    Feb 28, 2017

    Thank you guys for funding my loan fully. I will settle the loan accordingly.

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  • Raoul    Feb 27, 2017

    Dear Stephen,

    I am interested in lending, but first I would like to understand your business better.
    - How much stock will you be able to add by this loan?
    - What is the average profit you make per item?
    - How much time will it take to sell all the goods you buy from this loan?

    I am looking foward to hearing from you. Will be happy to support you.

    Best,
    Raoul

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  • Stephen    Dec 28, 2016

    Thank you all lenders of my loan.

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  • Stephen    Dec 9, 2016

    Thank you all lenders of my previous loans I have been getting from you for my business which has made the business grow tremendously. I look forward to have this loan which will enable me to acquire more stocks and I promise to pay in time without fail.

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  • Matt B    Oct 15, 2016

    Stephen - good luck with your business. Regards, Matt in England.

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  • Stephen    Oct 14, 2016

    Thank you my lenders. I promise to you that I will pay.

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  • Stephen    Oct 13, 2016

    Thank you lenders for making my business to grow big since I started receiving loans from you. I kindly pass my gratitude to you all.

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  • Stephen    Aug 30, 2016

    I am happy getting my four loan fully finance recently. May the Lord bless you

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  • Stephen    Aug 18, 2016

    I thank you all my lenders for this Loan. I will promise to repay the loan in time. Thanks

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  • Francis    Apr 11, 2016

    dear lenders, Kennedy is committed to repay his loan, its only that he has been too busy to an extend of sometimes forgetting to make his repayments. He is very sorry about the same and has promised to resume his repayment the soonest.

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  • Stephen    Aug 11, 2015

    I am happy getting my third loan fully finance recently. May the Lord bless you.

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  • Stephen    Aug 10, 2015

    Thank you to all my third loan renters. I have received the cash promising to repay in good time. Continue supporting me and others.

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  • Stephen    Aug 8, 2015

    I want to add food stuff.
    This will increase my turnover.
    I thank you for funding my third loan and I promise to pay it back in time.

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  • Charles    Jul 28, 2015

    hello zidisha group, this member has been good in repaying loans. he however faces some challenges. i called him and he promised to embark on making repayments.

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  • Stephen    Jun 15, 2015

    I Thank you Lenders for lending me the second loan which I received.

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  • Stephen    Jun 10, 2015

    Thank you for supporting me by lending money to me.

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  • Stephen    Apr 1, 2015

    Thanks for supporting my first loan which I have successfully repaid it.

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  • Stephen    Mar 31, 2015

    Thank you to all my lenders for making my first loan successful.

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  • Stephen    Jun 17, 2014

    Hello Zal0m0n, Thank you for your support.

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