Repair stock transportation vehicle

Nicholas

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Nicholas

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

22

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,732.00

Date disbursed

Dec 12, 2014

Repayment status

On Time

Projected term

11 months

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 project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Grace    Feb 13, 2016

    Dear Lenders
    Nicholas has been faithful by keeping his promise and he only remains with one instalment to be at par with his payments. I wish him all the best.

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  • Grace    Jan 31, 2016

    Hi Lenders
    I have talked to Nicholas Munyua on the importance of being prompt with his payments so that it can boost his next loan. He promised to pay his loan. I also explained to him the importance of reducing the amount to manageable number untill he is able to pay a higher amount.
    I wish him all the best.

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  • Grace    Jan 17, 2016

    Hi Lenders.

    I have contacted Nicholas concerning his late payments. He explained that the reason why he has not been able to pay his instalments for two weeks is because he has been having a problem with his Safaricom line as he cannot access the M-pesa menu. I adviced him to call their customer care immediately and see if he can get help and if not come to Nakuru (He lives out of town) and visit their customer care shops to get help.
    I also reminded him of maintaining his repayment rates because it will be favourable for him in his next loan as it will put him in good standing with lenders.
    He promises to tackle this immediately and pay all the arrears due. He wanted to know also if he can use a different line to pay but i discouraged him as it is wise to always pay with the line you registered with.
    All the best Nicholas.

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  • Nicholas    Nov 13, 2015

    Thanks so much for lending such a big amount in such a short while. I assure you i put the money into good use and commit to repay in good time. Once more thanks and God bless.

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  • Nicholas    Nov 13, 2015

    To all of your who trusted me with your money in the previous loan i say thanks so much and God bless you. With the profits I have continued to pay school fees for my children. I have also managed to buy a personal vehicle to help move around when not at work.

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  • Nicholas    Apr 3, 2015

    Hi zidisha team, I want to let know that i paid my instalment for 29/03/2015 on that day and I received acknowledgment of receipt on 30/03/2015.

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    • Nicholas    Apr 17, 2015

      may request that you post the payment of 29/3/2015 amounting to 6000ksh. the transaction id for that payment is GS48VE466 done on that date at 09.57 am. i received acknowledgement of receipt on 30/03 2015 but it has not been posted. so far made payments for 17weeks totalling to 102000ksh and not 96000kshs. please verify this and act accordingly. thanks.

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  • Nicholas    Feb 11, 2015

    Hi Brian. Thanx so much coz I know you are one of my lenders. I have employed 5 people on regular basis but I engage about 10 every month casually when the need arises.

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  • Brian    Feb 11, 2015

    Nicholas, thanks for making your repayments on time. I am glad your vehicle is repaired. I am curious - how many employees do you have?

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  • Nicholas    Feb 11, 2015

    I everyone, I pray for your good health. I repaired my vehicle and am still doing business.

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    • Dennis Furr    Feb 11, 2015

      I'm happy for you that your vehicle is back in service and the impact to your business has been relieved. Many of us take for granted the reliability of our vehicles but from time to time we have to face the prospect of expensive repairs. It can be unpleasant, at least until you drive it for the first time afterwards then it's easy to forget again.

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  • Nicholas    Dec 13, 2014

    Raising such a great amount was kind of very tough but did it anyway. I don't take for granted. I thank you my good lenders and the entire zidisha team. Am committed to repay the loan on time and promise to put it into the expected use. Am so happy and excited that you can trust me this much. Ahsante Sana is the least I can say. God bless you all.

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  • Markus    Dec 12, 2014

    Same here. The requested amount of US-$2,732.00 was kind of tough bread indeed ;) But we've done it while the clock was counting down the last few hours.

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  • Dennis Furr    Dec 12, 2014

    I've been watching this drama unfold over the last few days and it didn't disappoint. Congratulations Nicholas and well done "big Z" community.

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    • Nicholas    Dec 13, 2014

      Thanx Dennis and sorry I didn't respond to your message in time. Sometimes network is a challenge. On Monday I hit the road running.
      .

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  • John    Dec 7, 2014

    I wish you well.I thank zidisha lenders for their incredible kindness

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  • Nicholas    Nov 27, 2014

    Am so happy and proud to be part of this life changing organization -zidisha. The loans granted to me have moved my life and that of my family members to greater heights. With the profits made I've taken my children to good schools. I now have three girls at local universities. Looking forward to the graduation of the first one next year. I also look forward to taking a new loan soon. I hope you will fund it . Thanks once more.

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  • Rose    Jul 3, 2014

    Thanks Nicholas .A,m one lady who believe that determination can take beyond horizon. I thank God for Zidisha has made me move to heights i could not alone.

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  • James    Jul 1, 2014

    I am impressed by your business Munyua. I sell handicrafts here in Mombasa. keep up the good work.

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  • Miller    Jun 29, 2014

    lenders i have contacted nicholas and he has informed me that his business is going on well.

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  • WHYu-NYC    Apr 26, 2014

    Hello, also interested in knowing how Hannah is doing. Her loan was rescheduled already but has only made one payment since that time in November. Is she ok? and how is her business?


    www.zidisha.org/microfinanc...

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  • Wamugunda    Apr 26, 2014

    Wamugunda Gakuo
    Hi zidisha team? I invited Lawrence Njuguna but the name on his loan page is omukgolo .lawrence has written emails to service@zidisha with no fruits.kindly change the name of the person who invited Lawrence to read wamugunda gakuo.thanks.

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  • CZC    Mar 26, 2014

    Mr. Munyua,

    I see you are the VM for Ms. Ruth Kerubo. She received a loan on Dec 13, 2013, and has not made a single repayment.

    I have tried contacting her twice, but she has not responded. Could you please check up on her and see if there is a problem? Her lenders would like to know when she will restart repayments.

    Thanks,
    Cris

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