Buy bicycle for transportation of goods for my shop

Wambua

Matungi, Kenya

100% repaid

Entrepreneur

Name

Wambua

Member since

February 2015

On-time repayments

63 installments  •  37%

About Me

My names are John Wambua a graduate in statistics from a local university,,Am married with one kind,,after graduation due to lack of employment i chose to venture in small business.I love singing being choir master of my local catholic church,,also am volunteer with RED CROSS Kenya,,I started the business from encouragement from my friends and also my personal intrestest in order to be able to sustain my family,my wife have been an inspiration towards my success by giving me moral and physical support..

My Business

I own a shop at my rural area which i usually sell the essential commodities to the nearby community around,,there have been a tremendous growth of the business since i started it.My number of customers have generally doubled in the past six months who mostly compromise low level income earners usually farmers,,also have usually being saving my profit which i usually plough back to the business to add stock,,

Loan Proposal

I will spend half of the loan to add stock to my business ,,i will mainly add more rice and maize flour which are usually first moving commodities in my shop while the second half i will use it mainly to buy bicycle to be able to transport goods from market to shop ,this is because there place is remote and no roads network and bicycles are the main means of transport.i appreciate in advance lenders who will have heart to lend me and promise to repay the loan accordingly .I will expect the profit to increase by 50 dollars per month

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 6, 2015

Repayment status

On Time

Projected term

5 months

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Ask Wambua 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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  • Wambua    Feb 1, 2019

    Hi Steffen Hubauer,
    Greetings from Kenya. My business went down owing to a tragic road accident that I got in late December of 2015. Since then I have been bedridden, up and down even cheating death by a whisker. All the same, am thankful to God for life; despite now having a permanent disability.
    I wish to continue repaying the balance of my loan with effect from the first week of February 2019. Feel free to even email me directly on [email protected].
    Once again thank you so much for being patient with me.

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  • Steffen Hubauer    Jun 1, 2017

    Hi Wambua,

    how are you? And how is it going with your project?

    Regards,

    Steffen

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  • David    Feb 21, 2016

    Greetings, John up to date he is admitted in hospital from injuries he suffered in accident on December and promised after being discharged will repay the loan

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  • David    Jan 11, 2016

    greetings, I have contacted John Wambua and he is still in hospital but he assured me once he gets out of the hospital his main agenda would be settling his loan

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  • David    Dec 1, 2015

    Please check on your repayment schedule bro,,, All the best

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  • Wambua    Oct 26, 2015

    Thank you so much lenders for your support. I acknowledge receipt of ksh. 18,113.00. I'm going to use this amount to buy the intended freezer for storing my perishables to ensure that i don't incur losses in my business.
    Once again, thanks lenders.

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  • Wambua    Oct 23, 2015

    Thanks alot my lenders for your financial support in my new project of purchasing a Freezer,, , May you be blessed abundantly for your noble support,,, From the funds i will buy a freezer at 180dollars which i will use in the storage of vegetables and fruit,, This will enable me earn more profits. THANKS AGAIN ALOT

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  • Justus    Oct 22, 2015

    wish u all the best wambua

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  • Steffen Hubauer    Oct 22, 2015

    Hi Wambua,

    just added some funds to your project. I hope the remaining sum will be filled soon.

    All the best with your shop!

    Please let me know every once in a while how it's going. Looking forward to hearing from you.

    Best Regards from Germany,

    Steffen

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    • Wambua    Oct 26, 2015

      Thank you so much Steffen Hubauer, i dearly appreciate your support.

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  • David    Oct 21, 2015

    Wish you all the best

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  • Haryono    Oct 19, 2015

    Hello Wambua,__Wish you all the best in your shop business,

    Translated by Google     Show original

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  • Wambua    Oct 16, 2015

    Greetings my lenders,i first want to sincerely thank you for the loan and entrusting me with your money,my business have grown tremendously to an extend i have now ventured in agriculture,i have bought two green houses and the return per day is about 15 dollars where i supply vegetables to schools and hospitals,my children are doing very well and my son will be joining doing national exam this december,join me to wish him all the best in his final primary exams,i request you o fund my loan to buy freezer to store vegatables and fruits before i take them to market to prevent rotting and wastage before taking them to market

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  • Wambua    Aug 21, 2015

    Was out of business due to health problems. Now am fully back.

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  • Wambua    May 9, 2015

    Sincerely thanking Zidisha team for the loan. My business is doing great. I am thinking of making new ventures. Thank you guys.

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  • Wambua    Apr 7, 2015

    Thanks Zidisha team, my first loan disbursement has been successful. Now am going to stock my shop and diversify the business. Will keep you posted about my progress.

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  • David    Mar 30, 2015

    good work

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  • James    Mar 25, 2015

    wish you all the best

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  • Charles    Mar 23, 2015

    wish all the best. lenders will visit your loan page before expiry

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  • David    Mar 12, 2015

    wish you all the best in your business endevours

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  • Wambua    Mar 12, 2015

    at my shop

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