Need to Purchase a Potato-Peeling Machine

Humphrey

Kangemi, Kenya

100% repaid

Entrepreneur

Name

Humphrey

Member since

February 2015

On-time repayments

95 installments  •  64%

About Me

during my childhood , i used to sty with my mum in the kitchen . and that gave me an interest in cooking . some times i used to visit my uncle in Mumias town where he ran a restaurant . From there i developed an intrest in making snacks. when i came to Nairobi my fist employment was in a snacks manufacturing company but now a bit different , the snacks were of the indian origin which is abit improvised and durable. people in my country, especialy low income earners are used to [chapatis and mandazis] in the first place they never used to like my snacks as time went by they are getting used to my products thus giving me an advantage. when our company reduced employees due to what they termed as drastick fall in their business i was one of the people who received termination latters and i decided to start my own business .

My Business

I make and sale snacks like potato crisps, banana crisps roast\fry peanuts and other snacks of the Indian origin. the snacks i make are in demand to low income earners because they have been initialy sold in supermarkets and malls but turget is low incom earners . i chose this business because it is unique and typical cost is a round khs 8000 to buy the products and the revenue that comes out after sale is round ksh12000 the revenue earned is usually used in paing school fees for my son , house rent and reinvestment in growing the business

Loan Proposal

I have been peeling potatoes manually which has not been easy for me to make a biger stock for the next day sales with a potato peeler i will be able to make a stock for sale in three days. i also feel it will reduce my labor cost and increase production .i know that the money am a plying is not enough but it has been my plan for a long time so i have been saving towards it , so if i get the loan together with some savings i will buy that machine . a smaller size is saling at a prize of seventeen thousand kshs for now i have around nine thousand together with the loan i will have it for sure . i have been spending a lot of time on production other than focusing on sales . with this machine am going to double my sales which i am sure of . because i will spend a lot of time on sales .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.00

Date disbursed

Jun 15, 2016

Repayment status

On Time

Projected term

5 months

Lenders

Franmiguel

Perth, Australia

J

James

United States

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  • Humphrey    Oct 30, 2022

    Downfall in income,am unable to maintain the family as for the economy is not favourable on my side please bear with me

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  • Rebecca    Aug 17, 2017

    I called Humphrey and asked him what happened now that he had promised to pay within 3 days . He told me there was a lot of inconveniences that arised and was not in a position to keep the promised. He promised to pay before the end of the month.

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  • Rebecca    Jul 10, 2017

    To the lenders, I called Humphrey and he informed me that he was not in a position to pay the arrears because she lost her sister and had to take care of that first. He promised to make effort and pay the arrears within 3 days. Am positive he will pay.

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  • Rebecca    Feb 23, 2017

    I called Humphrey but we was not answering, so I requested him through a text to clear his loan arrears of 800/=

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  • Humphrey    Dec 21, 2016

    Thank you Zidisha for loan disbursement. I received 8660 shillings even though less than the requested I don't understand why it came less but still am greatful for honouring my request . am going to buy stock in readiness for the next BUCK TO SCHOOL season . Thank you very much.

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  • Humphrey    Dec 18, 2016

    Hi Zidisha! I submitted my request just yesterday and today it's fully funded . it's an indication that you are committed to uplift low income uners like me . i wil buy my stock in readyNess for the back to school season. am really impressed by this . This will save my business for the school fees that al be working on . once more thank you so much for being there in such like situation you've really saved my business . thank you all.

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  • Franmiguel    Dec 5, 2016

    Hi Humphrey,
    Happy Holiday Season to you.
    I hope you and your business have a great 2017.
    Regards
    Michael

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    • Humphrey    Dec 5, 2016

      thanks Fran for your regards am doing good my business is a bit slow after some downs . but we are managing. thanks once again

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  • Humphrey    Jun 27, 2016

    Hi zidisha, i have received notifications that i have to inform lenders that i received the lon disbursement . But if you check on my profile i already confirmed that i got the loan. May be if i may repeat , i got the loan on 15th of june 2016 . Thank you once again .

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  • Humphrey    Jun 15, 2016

    Hi zidisha team, thank you so much , I have just received a loan disbursement . Thank you very much see you .

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  • Humphrey    Jun 13, 2016

    let me take this opportunity to thank the zidisha team that is tirelessly putting a smile on my face. Thank you so much . As I had stated earlier in my applications, I intent to use this money to buy a potato peeling machine. So far I have managed to save some little money , which I will add to this loan. This machine will make my job faster and save time , reducing the cost of production as well so i will spend most of my time on sales which I anticipate that will double my earnings by 50%. Ones more thank you so much Zidisha.

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  • Franmiguel    Jun 12, 2016

    Hi Humphrey,
    Thanks for being such a great borrower.
    I have only just had notification that you have a new loan application...
    ...and it was already mostly taken up!!!
    Its great to hear that the loans are making a difference to you and your family.
    All the best
    Michael

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  • Humphrey    Jun 11, 2016

    I first have to ones more thank the zidisha fraternity for giving me the opportunity to see the world through their loans . the money i got last loan i purchased a sealing machine and a weighing scale the two machines coasted eight thousands five hundred the remaining money i bought flavors . It significantly made a difference to my business because it increased my monthly profits .i can pay my sons school fees pay my house rent , and business stall rent easily i also took a young man who work with me on full time basis . The profits have grown from the previous twelve thousand to around thirty five thousands .am proud to say that last month i paid my wife dowry and am planing by mid next year ill take my family to the coastal town of Mombasa during school holidays . As for now am planning to expand my house because my children are growing bigger which means my rental fee will be bigger but i know with zidisha i will manage

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  • Humphrey    Apr 30, 2016

    Hi every one (the zidisha fraternity). i hope you are all doing well , I am doing very well together with my family . I would like to thank you all for the assistance you have been giving me since i joined ZIDISHA as for now i cant complain my business is doing fine . the only problem i have not been communicating to you is that i have been busy trying to market my products and i can assure you they are doing very well .so far i have been able to pay my first born daughter to secondary school fees. and am just appealing to you that next loan please make it bigger . because the only obstacle is the means of transport to supply my products ,and am sure with a little assistance from you i will be able to start dreaming of a better and safer means of transport because as for now am using bicycle, which i cant rely on for the growth of my business . thank ones again.

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    • Franmiguel    May 5, 2016

      Hi Humphrey,
      Thanks for keeping me informed.
      Thanks also for keeping up regular payments.
      I am sure that having a great repayment score will help you secure a larger loan.
      All the best
      Michael

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  • Franmiguel    Dec 17, 2015

    Hi Humphrey,
    Happy Holiday Season to you.
    I hope you and your business have a great 2016.
    Regards
    Michael

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  • Humphrey    Dec 3, 2015

    hi. when my business received the last loan disbursement i added the assets . ie the weighing scale and a sealing machine and i even increased my stock not bearing mind that the county government would soon pose a threat to my business . In short i was arrested wile in pursuit of the market for my products . For me to be free i had to plead with them and pay some fine which was also a loan from a friend as i try to comply with them as well as settle my friend it may not be easy for me to pay the full amount. but am determined pay and keep my record clear sorry for any inconvenience caused

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    • Franmiguel    Dec 17, 2015

      Hi Humphrey,
      I am sorry to hear of your misfortune.
      I hope that it does not cause to much anguish for you or your business.
      Regards
      Michael

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  • Humphrey    Nov 14, 2015

    thank you very much zidisha . So fa am doing well after the last loan that am now paying i can say my dreams are becoming true I bought a sealing machine @ksh 4500 and ksh 2500 used to buy weighing scale now my production has increased significantly . In the next one and a half years i will be requesting for loan to buy a bigger means of transport for my supply's thank you for supporting me , am sure with ZIDISHA , the sky is the limit.

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  • Franmiguel    Nov 13, 2015

    Hi Humphrey,
    I just thought that I would touch base and see how you are doing.
    I hope that all is well.
    Regards
    Michael

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    • Humphrey    Nov 14, 2015

      Hi fran, am really impresed with the way you handle my concerns , Am actually doing well from the last disbursement , i purchased a sealing machine @ ksh4500 , 2500 went to a weighing scale the rest i increased my stock . in short am doing well in fact am soon requesting for money to buy a bigger means of transport . Otherwise thank you so,so,so, much

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  • Humphrey    Oct 21, 2015

    Thanks so much I received the cash

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  • Humphrey    Oct 14, 2015

    Thank you so much all the lenders who saw it fit to fund my loan. God bless you all

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    • Franmiguel    Oct 15, 2015

      Hi Humphrey,
      You are welcome, I hope that the loans are helping you and your business.
      Regards
      Michael

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  • Humphrey    Sep 26, 2015

    While cooking the cookies

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