Repair stock transportation vehicle

Nicholas Munyua

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Nicholas Munyua

Member since

January 2011

On-time repayments

163 installments  •  77%

About Me

I am a man aged 50years with a wife and now 5 beautiful children.I am a businessman, runing a shop at mitimingi trading centre. I deal with consumables and non consumables. Zidisha team and the lenders have assisted me so much and improved my standard of living and that of my family. With profits from loans granted, i have taken my children to good schools and three of them are in universities now a proud to say my firstborn born daughter graduation is this December. Thanks
to zidisha lenders and entire for regular and timely loans over the years. I need another loan to boost my business and repair my vehicle which i use to transport goods at my shop.

My Business

my business deals with selling both consumable and non consumable goods. this includes food stuffs, farm inputs(fertilizers, seeds), farm tools(hoes, spades, axe), animal feeds. this business also include a boutique. the business is worth kshs 200000, and approximately makes a profit of kshs 15000 every month after paying all the bills and paying a salary of kshs 10000 to my employees. challenges in running the business are, counterfeit goods in the market but cost like the genuine good but of low quality, change of fashion, unpredictable change of foods stuff prices, high competation, poor infrastructure eg poor roads during rainy season leading to high cost of trasportion.

Loan Proposal

I intend to repair my vehicle with about 100000ksh. This vehicle is very important in the running of my business as i use to transport goods to the market and from the suppliers. The lest i will use to pay school fees. About 80000 and the balance to improve and boost my business. Look forward to your support and funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,736.89

Date disbursed

Dec 12, 2014

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Lender interest: $2,736.89 at 9.27% annual rate over 11 months = $235.59

Service fee: $98.74

Lenders

Q

Quomar

Żmigród, Poland

Brian

Midhurst, Canada

valentin

Stockholm, Sweden

Ishaque

New Jersey, United States

investor

Candiac, Canada

mbunifu

San Jose, United States

Zidisha

Sterling, United States

E

elkbrett

Bradenton, United States

T

thejacobnorton

Jubail, Saudi Arabia

J

jdhowa2

Louisville, KY, United States

P

paixful

Coalhurst, Canada

G D Export

Kolkata, India

EmilAsker

Lomma, Sweden

S

SeanWolfPack

Raleigh, United States

athomas

Chevy Chase, United States

amovida

Central valley, ny, United States

Erica

Caledon, Canada

kickerofelves

Sao Paulo, Brazil

P

planespotter

Berlin, Germany

F

Fischer

Calgary, Canada

lorello

Vicopisano, Italy

B

BClay

Campbell, United States

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

Cricketca

San Jose, United States

calvero

Bergen, Norway

neocodesoftware

vancouver, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

Z

ZandC

Sacramento, United States

D

Dutch_lender

Leiderdorp, Netherlands

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

V

vrthe99perc

KUALA LUMPUR, Malaysia

C

curtains4u

North Kansas City, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

dlpringle

Denver, United States

H

hambunny

Manchester, United Kingdom

Walterlo

West Hollywood, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Jonas

Brussels, Belgium

G

geoff

United States

M

meric

Australia

C

Chad

United States

Paul Buchheit

Mountain View, United States

B

Badaudio

United Kingdom

J

jay12

Germany

K

Karpet

Faroe Islands

joshuacollinson

Vienna, Austria

Vesa

Helsinki, Finland

Loungin

United States

K

KiraDee

United States

P

pdm083

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

LutianaPablo

Rome, Italy

J

JeremyR

United States

M

mbarbier

United States

S

Stephan

Netherlands

DF

Dennis Furr

United Kingdom

Benjamin Charlton

Dubai, United Arab Emirates

M

Markus

Hamburg, Germany

C

CSM

Berlin, Germany

AH

Alex Huxley

Ellesmere Port, United Kingdom

Dave Bogard

New York, United States

BP

Byron Patrick

United States

A

AmyLuYenYin

Brisbane, Australia

D

dsfranz

Gaeta, Italy

Ask Nicholas a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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