Wholesale stock of cooking oil for my restaurant

Nicholas Kiambi

Ukunda, Kenya

100% repaid

Entrepreneur

Name

Nicholas Kiambi

Member since

July 2016

On-time repayments

39 installments  •  69%

About Me

I'm Nicholas kiambi Kaborio born in 1978. Am a born again Christian living in Ukunda south coast. Am married to one wife and bless with three children ,two boys and one girl. The boys are all in primary six and class three ,and the girl is in form three. I was born in meru and pursued both primary and secondary education certificates. I have worked with many companies eg. Valentine growers,mastermind tobacco Kenya Ltd and coastal bottlers Ltd mombasa .

My Business

I started my business in the year 2005 on July 14th. I started with a capital of Ksh 100 only. I also started with only one table and two forms in a corridor. My customers by then were all from meru and if I could denied any of them a credit ,the following day none of them could come until I could call some of them and apologies for that. I started with my wife and now I have nine people who depends on me. I thank God. I can now get a profit between 1500 -3500 a day. I sell to the local community. I also sell my food at a lower price. I started with a corridor and now I have two restaurants and well maintained. I have never relocated both residential and business premises, but I keep on expanding. God bless you.

Loan Proposal

When you lend me the amount, I will buy cooking oil at a whole price which costs kshs.1200 per 10 kgs ware 1 kg on retail prices is kshs. 130. After use I also sell the bucket at 100 kshs. Per day I use over 16 kgs of oil. God bless you all.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Dec 31, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

joerg

Berlin, Germany

juliemartha

Lake Mary, United States

Paul Buchheit

Mountain View, United States

S

sanfransec

San Francisco, CA, United States

Ask Nicholas Kiambi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Nicholas Kiambi    Jun 7, 2017

    hallo zidisha lenders team, if you fund me with this loan, i will buy beans in a whole sale price which costs about 10900 for 90 kilograms. It shall give me a good profit. I thank you for your concern in my business.

    Log in to reply • Share
  • Nicholas Kiambi    Jun 5, 2017

    Hallo zidisha team, i am humbled to say thank you for your patients in my late loan repayment due to the loss of my beloved wife who passed away recently. I was under pressure due to her loss i say thank you very much. my previous loans helped me very much in my business.

    Log in to reply • Share
  • Alex    May 5, 2017

    Nicholas says he will repay the loan.

    Log in to reply • Share
  • Alex    Mar 18, 2017

    Dear Lenders, It is with deep sorrow and pain that I announce to you the demise of Nicholas wife through a short illiness yesterday. He called me today and notified me. He kindly ask for your patience as He arrange the burials of His late wife. He promises to resume repayment as soon as He settles. Nicholas is one of my best mentees because no time have I called Him on His obligation to repay. Kindly bare with Him in His trying moment.

    Log in to reply • Share
  • Nicholas Kiambi    Feb 17, 2017

    Hallo zidisha team, when i get the amount, i will buy cooking oil at a whole a sale price. this will give me at least 1200 kshs in my business. I thank you for uplifting my business. God bless you all.

    Log in to reply • Share
  • Nicholas Kiambi    Feb 15, 2017

    Hallo zidisha team, i first take this opportunity to thank you for your concern in my business. The last loan you lend me has moved me ahead to reach my goals. It has given me over 7000 kshs to the business. As am talking to you now I have a stock of Muthokoi, beans and green grams worthy 13,000 kshs. God bless you all.

    Log in to reply • Share
  • Nicholas Kiambi    Dec 28, 2016

    Hallo zidisha team, when I get the amount, i will buy cooking oil at a whole sale price. It will give me not less than 200 kshs in every purchase. I do appreciate you for your concern. God bless you all.

    Log in to reply • Share
  • Nicholas Kiambi    Dec 26, 2016

    Hallo zidisha team, I thank you for the effort of assistance to my business. I do appreciate you all . I have achieved more profits from the amount you lend me. All to me is an advantage to my business. thanks a lot.

    Log in to reply • Share
  • Nicholas Kiambi    Dec 25, 2016

    Hallo zidisha team, I would like to appreciate you for your concern in my business. May God bless you. I would also like to inform you that my business gives over 1500 kshs.per day and this is why I would request you to adjust my payment schedule. God bless you all.

    Log in to reply • Share
  • rjb    Dec 20, 2016

    Thanks for your repayments. I hope your business is going well!

    Log in to reply • Share
  • Nicholas Kiambi    Dec 18, 2016

    It took alot of durations to finish repayments and it's just a small amount.

    Log in to reply • Share
  • Nicholas Kiambi    Nov 18, 2016

    hallo zidisha team this is to notify you that i received amount sum of kshs. 1894 which i spent by buying beans in a whole sale prices. i thank you for rending. God bless you. i had a problem with my phone which delayed the notification. Thanks.

    Log in to reply • Share
  • Nicholas Kiambi    Nov 6, 2016

    Hallo zidisha team, this loan will uplift my business level due to the incoming profit which I will earn after buying the beans in wholesale suppliers. This will give me kshs 5.00 per every kilo. God bless you. ITake this opportunity to thank you very much.

    Log in to reply • Share
  • Nicholas Kiambi    Nov 6, 2016

    Hallo zidisha team, I hope you are all well. In my previous loan, I bought sugar for my restaurant and i was happy that i give me a positive turnover. If you rend me, i will buy beans in quantity and in wholesale prices. may God bless you all.

    Log in to reply • Share
  • Nicholas Kiambi    Oct 12, 2016

    Hallo Zidisha, am very happy for the financial aid that you offered to my business. God bless you. I thank you for the loan I just received some days ago. I have already bought 16 Kgs of sugar as I promised. God bless you once again.

    Log in to reply • Share
  • Nicholas Kiambi    Oct 5, 2016

    Hallo Zidisha team, I have received kshs 1984 today. I will buy sugar as arranged. I will inform you when I do so. Once again I thank you for your support. God bless you.

    Log in to reply • Share
  • Nicholas Kiambi    Oct 3, 2016

    Hallo Zidisha team, when I get the money, I will once again buy sugar in a whole sale prices which gives me a good profit as compared to the retail price. The whole sale price is 116 kshs and the whole sale prices is 125 kshs. A merging of 9 shillings . I thank you for your support in my business. Thanks.

    Log in to reply • Share
  • Nicholas Kiambi    Oct 2, 2016

    Hallo Zidisha team, i appreciate your generous contribution to my business. I personally thank you for the two loans which you funded me and it has given me a motive of business by profit earnings in my business. God bless you.

    Log in to reply • Share
  • Nicholas Kiambi    Oct 1, 2016

    I am deeply obliged to you for the financial help you have extended to me in time of my desire. I was hard pressed for it and I had tapped almost all sources. I cannot express my gratitude in just few words. If you have not helped me on time, I would be in great financial trouble. Your kind assistance has simply saved my business and brought profit which also assisted my children in school. May God bless you.

    Log in to reply • Share
  • Nicholas Kiambi    Sep 19, 2016

    Thanks for the loan. I spend the money to buy sugar.

    Log in to reply • Share


Loading...

Loading...

Loading...