Buy a motorcycle to transport pumps to construction sites

Ephantus

Utawala, Kenya

100% repaid

Entrepreneur

Name

Ephantus

Member since

April 2013

On-time repayments

205 installments  •  59%

About Me

I am a single young man living in Kenya and working very hard to achieve my personal goals. I was educated to form four and awarded with my O level certificate of secondary education in the year 2000. The following year I was employed as a election clerk with the Electoral Commission of Kenya for Three years. There after I started a business of production of animal feeds in Nakuru but was brought down by post election valence in the year 2007. I made a decision to move to Nairobi and start a business of hardware where I was selling all types of building and construction materials and also renting some building machine and equipments.

My Business

Currently my business is located in Katani Githunguri Road near Jaba Hardware. A business of hardware where I am selling all types of building and construction materials and also renting some building machine and equipments.The machines available are water pumps, vibrate, cement mixtures and tile cutters. I also stock timber to assist my clients with construction Job. In good month I make Ksh 30000 after paying for all my expenses. The main challenge for this work is lack of capital to purchase enough machine and equipment to meet the current demand.

Loan Proposal

I would like a loan , which together with my little savings, would help buy a second hand motorcycle which I have already identified. The motorcycle will help me greatly in transporting my pumps and pipes to the construction sites. The motorcycle will also be used to transport locals from one destination to another at a fee and will go a long way in boosting my daily income.

Show original English  

About Me

Am single young man living in Kenya and working very hard to achieve my personal goals. I was educated uo to form four and awarded with my O level certificate of secondary education in the year 2000. The following year I was employed as a election clerk with the Electoral Commission OF Kenya for Three years,There after I started a business of production of animal feeds in Nakuru but was brought down by post election valence in the year 2007. I made a decision and moved ,to Nairobi and a business of hardware where I was selling all types of building and construction materials and also rent some building machine and equipments.

My Business

Currently my business is located in Katani Githunguri Road near Jaba Hardware. a business of hardware where I was selling all types of building and construction materials and also rent some building machine and equipments.The machine available Water pumps, vibrate, cement mixtures and tile cutters, I also stock timber for hire to assist my client with construction Job. In good month I make Ksh 30000 after paying for all my expenses. The main challenge for this work is lack of enough capital to purchase enough machine and equipment for hire to meet the current demand.

Loan Proposal

I would like a loan and together with my little savings buy a second hand motorcycle which i have already identified which will help me greatly in transporting my pump and pipes to the construction sites. The motorcycle will also be used to transport locals from one destination to another at a fee and will go a long way in boosting my daily income.

Feedback

7

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Loan Info

Project Type

Classic Loan

Disbursed amount

$475.00

Date disbursed

Oct 31, 2014

Repayment status

On Time

Projected term

7 months

Lenders

J

jobo

Darmstadt, Germany

Pranjal

Noida, Kenya

Feldborg

Stuttgart, Germany

A

arenk

Karlsruhe, Germany

I

icetwice

Melbourne, Australia

D

Debock

Dresden, Germany

BethaniK

Washington, United States

BrianHibbs

South Bend, United States

E

ericcamden

Berkeley, United States

A

anonymous123

United States

E

Ethan

Middleburg, United States

D

duckdork

De Forest, United States

lorello

Vicopisano, Italy

O

Orenius

Tacoma, United States

M

mtaylor

Houston, United States

L

LindsayB

Sydney, Australia

C

caz32

chertsey, United Kingdom

E

erlingre

Sør-Fron, Norway

HealthcareProvider

Baltimore, United States

dlpringle

Denver, United States

M

mrjamesg

London, United Kingdom

Matching Fund

Sterling, United States

X

xavier

Toronto, Canada

A

ajayhk

San Jose, United States

A

AlexH

United Kingdom

O

ORBP1

Germany

Haim Si

Mexico, Mexico

DR

Daniel R

Berlin, Germany

ujgih

Germany

Ask Ephantus 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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  • Ephantus    Jul 18, 2015

    I have changed my repayment schedule because business has been low and i will be comfortable paying 500/- until business returns to normal.

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  • Grace    Jul 3, 2015

    Hall lenders,
    I talked to Ephantus today and he told me he was in a very financial crisis and that he will start pay for his loan next week. I advice him to make his first payment and then adjust his loan to make it easier for him.

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  • Ephantus    May 26, 2015

    Dear lenders
    I am much pleased to have competed the loan which you funded me,through this fund i was able to purchase a motor cycle hence increment of service delivery and low transport cost therefore increasing my profit .Under this profit i was able to pay the loan on time, as well as maintaining my machines, paying operators at ease.

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  • Ephantus    Mar 28, 2015

    Dear lender,
    Am grateful i received 40000kenya shilling as i had applied ,and am proud to inform you that i was able to buy the second hand motorcycle ,and this has helped me in transporting water pump ,vibration machine and operators to various construction site at ease .it has also reduced cost of operation ,which is an increase in profit sincerely thank-you and i look forward to working with u more and more.
    Your sincerely Ephantus kariuki.

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  • Ephantus    Sep 19, 2014

    my business is doing well. last month I bought a drive for a new vibrator and last week I bought the new vibrator. i rent these items to do concrete work in construction sites. i am also paying for a plot of land in my area where i would like to build my own house. i am also saving for dowry to marry my fiance Wanja next year.

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  • Ephantus    Aug 14, 2014

    i thank you for your fund which has served me as a start up capital my construction machines have facilitated improved services in return i get money through it; thank you

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  • Ephantus    Jan 7, 2014

    Dear Zidisha Team,

    I would like to apply for another loan but my loan page limit shows no credit limit, kindly advice.

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  • Ephantus    Jan 7, 2014

    Thanks mewesten for your comment, my bushiness is doing well and am able to rent my equipment for a fee, thanks very march for your support.

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  • mewesten    Jan 7, 2014

    Hello Ephantus,
    I saw this morning that you have completed another loan through the Zidisha.
    Congratulations.
    I hope that means that your business is strong and thriving.
    I would like to hear more from you if you have some time.
    Best of luck,
    Marvin

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  • mewesten    Sep 10, 2013

    Dear Mr Kariuki,
    Your Zidisha loan payment arrived today, and I think it is already your fifth one! You have been a wonderful payer, and I want to personally thank you for that.

    Were you able to buy a tile cutting machine with the money?
    I would love to hear about your business, and even your time as an election clerk, if you can find a little time to write a comment. I would be very interested in what you have to say. I know you are very busy.

    My best wishes to you.
    Sincerely,
    Marvin

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    • Ephantus    Sep 14, 2013

      Thanks all the Zidisha lender for giving me the loan , I was able to buy the tiles cutting machine with the money you gave to me and I am now making profit and am able to pay back you loan on it. Thanks very much

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      • mewesten    Sep 14, 2013

        Ephantus -- That is very good news on your tile cutter.
        Hope it's helping your business success.
        Talk to you later.
        Marvin

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    • Ephantus    Sep 29, 2013

      Dear Mewesten,

      Thanks for your encouraging comments, I bought the tiles cutting machine with the 1st loan and the machine is giving me good profit every time i hire it to my customers, I hope take another to buy a vibrator and I hope the money will be sent to me soon.

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      • mewesten    Sep 29, 2013

        I appreciate hearing from you, Mr. Kariuki.
        Glad the tile cutter is making some money for you. Owning and renting out capital equipment is usually a good strategy.
        What is the vibrating machine you want to buy?

        Take care. Best of luck to you.
        Marvin

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  • Ephantus    Apr 27, 2013

    Zidisha Staff,

    Thanks for accepting me to post my profile I look forward to apply for the loan soon have a good time

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    • tesshiva    May 1, 2013

      You are my first Zidisha loan, and I wish you luck in your business!

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