Expansion of business space

Martin

Ngoingwa Estate, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

December 2015

On-time repayments

176 installments  •  77%

About Me

My name isMartin Avery humble and a God fearing man,born and grown up in a small village in the hilly side of central Kenya,am married and am blessed to be a father of two beautiful daughters.Icome from a very humble back ground but my parents managed to educate me through primary &secondary school despite many challeges,my family could not afford to educate mi beyond that despite obtaining a good grade in my academics so I started helping my parents with day to day chores which according to my culture was to pluck coffee which is the only relied cash crop in my area village I was the first born so ihad a lot of tasks including assisting our young siblings.After awhile I was exhausted working as casual labourer and ithinked beyond my challenges and decided to try my hand in business but the ideas were many but capital was a headache,I was interested in the beauty industry so I used the small amount I had saved and payed for a course in the beauty industry and was trained for awhile in the evening hours after working for a daily bread.That did not derail my vision to become asuccesful determined
enterpreneur,immediately after my course I used the little I had and borrowed some money from a merry go round group we had formed in our village and started my small barber shop,and that is how I managed to overcome the hardship to achieve an important goal in my life.Am much encouraged by my children's ambitions to study and become professionals in productive fields and then give back to the less fortunate community, my hoby is swimming and ilyke reading motivational books,travelling and making new friends in different cultures.

My Business

My business has improved since ijoined zidisha and am very excited despite few challenges I now manage to make about 1500 ksh this is opproximitly 15us dollars,after deducting expenses am left with 10us dollars,that helps me to raise my kids shoolfees and paying my bills and giving back to the community,the budget for this project is approximately 100,000 thousand kenya shillings (1000 us dollars).with the help of 50 thousands from zidisha lenders iwill add the rest 50 thousand ksh from my savings,hoping Zidisha lenders will help me and achieve my best in the beauty industry,ilook forward to my dreams of starting a beauty college and offer beauty courses for free to those who could not manage to further their studies due to financial problems and I know God will help me achieve my dreams.

Loan Proposal

Am now planning to expand my space room for business since we have attracted more clients due to better &quality services,that comes after equipping my barbershop with modern equipments that I purchased with my previous loan from zidisha.due to congestion I want to use this money to adjust more space and the rest to buy the required tools,after adding the space it will create ajob for two more young youths despite increasing the income and raising profit margin by 60%,with that profit I will be able to repay my loan on tyme and also sustain my family and also help others.

Feedback

1

None

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  • Mary    Feb 16, 2018

    Martin is a wonderful Borrower. I would recommend funding any future loans!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$505.00

Date disbursed

Dec 20, 2016

Repayment status

On Time

Projected term

24 months

Lenders

cyrus0302

San Francisco, United States

F

flaguy999

Tampa, United States

Paul Buchheit

Mountain View, United States

I

Ian

United Kingdom

Jennifer Weber

Canandaigua, Ny, United States

MC

United States

RB

Ruth Brown

United States

Humble Bundle Community

San Francisco, United States

Emily

San Francisco, United States

JH

Joseph Hwang

Houston, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

CN

Craig Newmark

United States

Ask Martin 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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Summary

Amount repaid

$504.65

Amount remaining

$0.00

Date repaid

Nov 8, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 28, 2016 $5.04 Jan 3, 2017 $5.04
Jan 4, 2017 $0.00
Jan 11, 2017 $0.00
Jan 18, 2017 $5.04 Jan 14, 2017 $5.04
Jan 25, 2017 $5.04 Jan 14, 2017 $5.04
Feb 1, 2017 $5.04 Jan 25, 2017 $5.04
Feb 8, 2017 $5.04 Feb 2, 2017 $5.04
Feb 15, 2017 $5.04 Feb 8, 2017 $5.04
Feb 22, 2017 $5.04 Feb 21, 2017 $5.04
Mar 1, 2017 $5.04 Mar 1, 2017 $5.04
Mar 8, 2017 $5.04 Mar 8, 2017 $5.04
Mar 15, 2017 $5.04 Mar 15, 2017 $5.04
Mar 22, 2017 $5.04 Mar 23, 2017 $5.04
Mar 29, 2017 $5.04 Mar 30, 2017 $5.04
Apr 5, 2017 $5.04 Apr 6, 2017 $5.04
Apr 12, 2017 $5.04 Apr 13, 2017 $5.04
Apr 19, 2017 $5.04 Apr 21, 2017 $5.04
Apr 26, 2017 $5.04 Apr 26, 2017 $5.04
May 3, 2017 $5.04 May 4, 2017 $5.04
May 10, 2017 $5.04 May 11, 2017 $5.04
May 17, 2017 $5.04 May 17, 2017 $5.04
May 24, 2017 $5.04 May 24, 2017 $5.04
May 31, 2017 $5.04 May 30, 2017 $5.04
Jun 7, 2017 $5.04 Jun 6, 2017 $5.04
Jun 14, 2017 $5.04 Jun 14, 2017 $5.04
Jun 21, 2017 $5.04 Jun 22, 2017 $5.04
Jun 28, 2017 $5.04 Jun 28, 2017 $5.04
Jul 5, 2017 $5.04 Jul 6, 2017 $5.04
Jul 12, 2017 $5.04 Jul 12, 2017 $5.04
Jul 19, 2017 $5.04 Jul 26, 2017 $5.04
Jul 26, 2017 $5.04 Jul 26, 2017 $5.04
Aug 2, 2017 $5.04 Aug 2, 2017 $5.04
Aug 9, 2017 $5.04 Aug 9, 2017 $5.04
Aug 16, 2017 $5.04 Aug 17, 2017 $5.04
Aug 23, 2017 $5.04 Sep 2, 2017 $5.04
Aug 30, 2017 $5.04 Sep 2, 2017 $5.04
Sep 6, 2017 $5.04 Sep 8, 2017 $5.04
Sep 13, 2017 $5.04 Sep 20, 2017 $5.04
Sep 20, 2017 $5.04 Sep 20, 2017 $5.04
Sep 27, 2017 $5.04 Sep 28, 2017 $5.04
Oct 4, 2017 $5.04 Sep 28, 2017 $5.04
Oct 11, 2017 $5.04 Oct 8, 2017 $5.04
Oct 18, 2017 $5.04 Oct 19, 2017 $5.04
Oct 25, 2017 $5.04 Oct 28, 2017 $5.04
Nov 1, 2017 $5.04 Nov 6, 2017 $5.04
Nov 8, 2017 $5.04 Nov 13, 2017 $5.04
Nov 15, 2017 $5.04 Nov 20, 2017 $5.04
Nov 22, 2017 $5.04 Nov 20, 2017 $5.04
Nov 29, 2017 $5.04 Nov 29, 2017 $5.04
Dec 6, 2017 $5.04 Dec 5, 2017 $5.04
Dec 13, 2017 $5.04 Dec 13, 2017 $5.04
Dec 20, 2017 $5.04 Dec 19, 2017 $5.04
Dec 27, 2017 $5.04 Dec 28, 2017 $5.04
Jan 3, 2018 $5.04 Jan 3, 2018 $5.04
Jan 10, 2018 $5.04 Jan 22, 2018 $5.04
Jan 17, 2018 $5.04 Jan 28, 2018 $5.04
Jan 24, 2018 $5.04 Jan 28, 2018 $5.04
Jan 31, 2018 $5.04 Feb 4, 2018 $5.04
Feb 7, 2018 $5.04 Feb 20, 2018 $5.04
Feb 14, 2018 $5.04 Mar 2, 2018 $5.04
Feb 21, 2018 $5.04 Mar 2, 2018 $5.04
Feb 28, 2018 $5.04 Apr 14, 2018 $5.04
Mar 7, 2018 $5.04 Apr 21, 2018 $5.04
Mar 14, 2018 $5.04 Jun 20, 2018 $5.04
Mar 21, 2018 $5.04 Jun 20, 2018 $5.04
Mar 28, 2018 $5.04 Jun 20, 2018 $5.04
Apr 4, 2018 $5.04 Jun 20, 2018 $5.04
Apr 11, 2018 $5.04 Jun 20, 2018 $5.04
Apr 18, 2018 $5.04 Jun 20, 2018 $5.04
Apr 25, 2018 $5.04 Jun 20, 2018 $5.04
May 2, 2018 $5.04 Jun 20, 2018 $5.04
May 9, 2018 $5.04 Jun 20, 2018 $5.04
May 16, 2018 $5.04 Jun 20, 2018 $5.04
May 23, 2018 $5.04 Jun 23, 2018 $5.04
May 30, 2018 $5.04 Jun 23, 2018 $5.04
Jun 6, 2018 $5.04 Jun 23, 2018 $5.04
Jun 13, 2018 $5.04 Jun 23, 2018 $5.04
Jun 20, 2018 $5.04 Jun 23, 2018 $5.04
Jun 27, 2018 $5.04 Jun 29, 2018 $5.04
Jul 4, 2018 $5.04 Jul 7, 2018 $5.04
Jul 11, 2018 $5.04 Jul 14, 2018 $5.04
Jul 18, 2018 $5.04 Jul 20, 2018 $5.04
Jul 25, 2018 $5.04 Aug 4, 2018 $5.04
Aug 1, 2018 $5.04 Aug 4, 2018 $5.04
Aug 8, 2018 $5.04 Aug 11, 2018 $5.04
Aug 15, 2018 $5.04 Aug 18, 2018 $5.04
Aug 22, 2018 $5.04 Aug 25, 2018 $5.04
Aug 29, 2018 $5.04 Sep 1, 2018 $5.04
Sep 5, 2018 $5.04 Sep 8, 2018 $5.04
Sep 12, 2018 $5.04 Sep 15, 2018 $5.04
Sep 19, 2018 $5.04 Sep 29, 2018 $5.04
Sep 26, 2018 $5.04 Sep 29, 2018 $5.04
Oct 3, 2018 $5.04 Oct 5, 2018 $5.04
Oct 10, 2018 $5.04 Oct 16, 2018 $5.04
Oct 17, 2018 $5.04 Oct 16, 2018 $5.04
Oct 24, 2018 $5.04 Oct 26, 2018 $5.04
Oct 31, 2018 $5.04 Nov 3, 2018 $5.04
Nov 7, 2018 $5.04 Nov 3, 2018 $5.04
Nov 14, 2018 $5.04 Nov 3, 2018 $5.04
Nov 21, 2018 $5.04 Nov 3, 2018 $1.00
Nov 8, 2018 $4.04
Nov 28, 2018 $5.04 Nov 8, 2018 $5.04
Dec 5, 2018 $5.04 Nov 8, 2018 $5.04
Dec 12, 2018 $1.00 Nov 8, 2018 $1.00

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