Duncan Nzangi
Githurai Mwiki, Kenya
100% repaid
Name
Duncan Nzangi
Member since
April 2013
On-time repayments
187 installments • 43%
I am married and blessed with two children who are primary school. I own & operate a fast food shop in a public place thus earning a living from it. The business has been approved by the various government officials because of it's nature & impact to the local community. My wife is employed at a beauty shop in the city center hence the total revenue from my business & for my wife is used for upkeep & savings so that we can start IT business by offering various services to the public because my wife has adequate skills & experience to run & manage IT business.
Compilation of public toilet which is under construction am already operating two public toilets within Githurai bus stop which has brought great impact to me,my family and the community.Through zidisha lenders we have managed to secure to public toilets which are operational and are able to pay for the loan.The loan will cater for purchasing of iron sheets,toilet basin,sink for washing hands,tiles for the floor and equipments & tools for daily cleaning of the toilets.Our community has been experiencing this problem for quite some time but thanks to zidisha lenders one will be able to access a call of nature with small fee which will maintain the premise and help paying the loan.Estimated budget is 550 dollars to 600 dollars for the completion of the project.
Dear lenders
I would like to request a loan for the completion in renovating my public toilets,i wish to purchase Iron sheets,buying of toilet basins,sink for hand wash,tiles for the floor and cleaning equipments and tools for daily cleaning of the toilet and disinfectant e.t.c,my estimated budget for the business is 550 dollars to 600 dollars to complete the project.with the experience with the business had past loan which have maintained 100% repayment of the last two loans and my position of mediating with other zidisha beneficiary members on submitting their loan on time and the need to be honest to the lenders.In our community we lack public toilets for call of nature but thanks to zidisha lenders who have supported my loans and managed to build and renovate two public toilets in different areas where members can access and pay a small and reasonable fee to cater for the maintenance, and my salary.It has also created job opportunities and changed my life my family and the community.I wish you consider my application and value it with a matter of urgency.Thank you for your generous support in changing our lives and we are very grateful to you all.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$412.90
Date disbursed
Sep 16, 2014
Repayment status
On Time
Projected term
11 months
Cost to entrepreneur
Lender interest: $412.90 at 5.06% annual rate over 11 months = $20.09
Service fee: $13.52
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