Entrepreneur
Name
David Karanja
Member since
August 2012
On-time repayments
196 installments • 22%
About Me
I live in Nairobi Buruburu Estate with my family, one child in standard one in a nearby private school, am a Pastor at Kenya Assemlies of God Pumwani Slums in Nairobi and I started this business early this year - 2012 with the aim of improving the life of vulnerable women, youth and children infected and affected with HIV &AIDS in Tumaini NGO -website (www.tumainifund.org) . I am tyring to improve tumaini members to join zindisha microfinance to empower their business through borrowing loans. zindisha has helped me to think out of the box and also aidded in my future growth, in my family we have seen changes though zindisha financial aid which has improved our living standards. the second loan will help me expand my business to another level.
My Business
I sell hand-made bags that are currently on high demand as we now approach chrtismas period since more tourists are visiting the country; this makes it a very profitable business need to expand.When all factors are favourable for business i make a profit of close to 40% per month.
Challenges among others are, lack of huge stock due to shortage of finance, Transportation cost to the factory and also sometimes lack of stability in the country as this makes the tourists fear visiting the country.
Loan Proposal
IN TRANSPORTATION ,BUYING AND SELLING OF USED CARS , WILL BE BUYING LOCAL CARS FOUND IN KENYA AND I WILL BE SELLING THEM AT A PROFIT.I WILL SPECIALIZE ON TOYOTA 110 AUTOMATIC AND TOYOTA NZE MODEL SINCE IT IS ON HIGH DEMAND IN THE KENYAN MARKET AND I HAVE ALSO MUCH EXPERIENCE IN THE SAME MODEL OF VEHICLE.
I ALSO USE THE SAME VEHICLE FOR HIRING. THIS WE CREATE SELF EMPLOYMENT OPPORTUNITY AND SUSTAIN ME AND MY FAMILY FROM THE PROFIT I WILL GET FROM IT.
BUYING AND SELLING OF LIVESTOCK FROM MAIMAIHU TO KIJABE AND I WILL SPECIALIZE ON GOATS AND SHEEP ON WILL IT WILL ALSO CREATE EMPLOYMENT TO THE YOUTH
Feedback
Positive
12
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$6,102.31
Date disbursed
Jan 16, 2016
Repayment status
Late
Projected term
70 months
Lenders
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CHAPEL HILL, United States
Orlando, Florida, United States
Chicago, United States
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Gammalkil, Sweden
Amsterdam, Netherlands
Portland, United States
Plainsboro, United States
San Diego, United States
New York, United States
Columbus, Oh, United States
Rockville, United States
Fort Worth, United States
SOUTHBANK, Australia
Logan, United States
Germany
Sydney, Australia
Lincoln, United States
mayfield heights, United States
Silver Spring, United States
Washington, DC, United States
South Bend, United States
[email protected], United States
Brussel, Belgium
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Canada
South Africa
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Australia
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United Kingdom
Australia
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New York, United States
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Germany
Germany
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Canada
Sacramento, United States
United Kingdom
Austria
Germany
Germany
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United Kingdom
Canada
Denmark
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Germany
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Republic of Korea
Sweden
Netherlands
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Costa Rica
Germany
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Denmark
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Bulgaria
Australia
Sweden
United States
Sweden
United States
United States
United States
United States
United States
Belgium
Sweden
Bonn, Germany
United States
New Zealand
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United States
Sweden
Brazil
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United States
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Jake Gibson and Beverly Picardo
San Francisco, United States
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