Buying of wheat flour, rice, sugar and cooking oil

James Njoki

Kiambu, Kenya

100% repaid

Entrepreneur

Name

James Njoki

Member since

April 2019

On-time repayments

8 installments  •  50%

About Me

Hello to all the members.
My name is James Njoki and I was born in Kiambu county.
I'm the first born in a family of two. My mum, my sister and I.
I went to kirangari high school where I did my o levels and passed but wasn't able to continue with the university education since my mum was diagonised with HIV and later died.
I was young by then and my sister was taken care of by my auntie.
I started working as a "shamba boy", that's a male house help and I used to plough flower gardens.
I used to save 50 dollars per month for 1.5 years and that helped me start my shop business and I'm helping my sister since she'll joining college next year.
I'm grateful to find zidisha as a helping organisation.
Thanks.

My Business

I have a shop and I sell maize, wheat and cassava flour, sugar, soft drinks, sweets, biscuits and alot of things.
I make an average of $15 a day and I use the profits to pay for my business bills and expenses.
I'm looking forward to expand my shop business and I believe that it will be successful soon.

Loan Proposal

Hello lenders.
I'm thankful for the previous loan and it was helpful.
I am looking forward to buy 2 bales of corn flour,40 litres of cooking oil, 50kgs of rice and 50 kgs of sugar.
They'll cost me 14,000 and I'll use the loan to top up my amount and I expect a profit of 55%.
I'll use the profits to repay my loan on time, renew my business insurance and license and use the rest to expand my shop business.
Thanks alot to all the lenders and members of zidisha.
Asante.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$113.85

Date disbursed

Apr 28, 2019

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $4.79

Credit risk payment: $14.38

Optional expediting fee: $4.79

Lenders

Paul Buchheit

Mountain View, United States

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  • James Njoki    Feb 11, 2020

    Thank you Namaste for listening to me and for your good understanding after the fire burned out my business it was the begging for my troubles and I with nothing for me to be able to make any payments towards my alleged zidisha debt.

    And that's why I respectfully apologised for failing to pay back the loan I've on time. I'm willing to repay back my loan in full slowly by slowly until is paid off.

    I thank you for your patience and understanding during this difficult time.

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  • James Njoki    Feb 10, 2020

    Greetings to all of you zidisha team. first I would like to say that I am very sorry for being so late to repay back the loan you granted to me.To my lender Mr Paul I am so sorry I couldn't repay back the loan you lend me on time and as it was sheduled.my business get burned to ashes and left me with nothing. I'm willing to pay back the overdue loan slowly until is full repaid.Thank you very much to you all God bless Paul my lender, Julia kurnia director,all zidisha lenders and staff today and always.

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  • James Njoki    Apr 30, 2019

    Thanks alot Mr Paul and all lenders , zidisha director and all the stuff. am so grateful for your generosity and support. be blessed all

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  • James Njoki    Apr 29, 2019

    Thanks alot Mr Paul

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  • James Njoki    Apr 29, 2019

    Hello lenders.
    I used the previous loan to buy corn flour, sugar and cooking oil

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  • James Njoki    Apr 28, 2019

    I will use the loan in addition of wheat flour and cooking oil at my shop. am so grateful for the loan thanks a lot mr Paul.

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  • James Njoki    Apr 26, 2019

    this is the bar soaps I bought at whole sale price and I will sell them in retail price at my shop. Thanks all my lenders and be blessed

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  • James Njoki    Apr 26, 2019

    Wheat flour

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  • James Njoki    Apr 26, 2019

    Greetings to you all my lenders,I hope you are all fine. Today am leaching to let you know that through your supportive loan I have managed to purchase wheat flour and washing bar soaps, and am now working to make a profit after reselling in retail price. Thanks a lot to you all

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  • James Njoki    Apr 25, 2019

    Greetings to you all my lenders, I have received the amount of 1,727 kes.first and foremost I would like to thank you all for paspating in fundraising my loan.To me you mean more than lenders you are my best friends. I am looking forward to purchase washing bar soaps and wheat flour for my shop. I will also try my level best to return the loan taken from you at the earliest.

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  • Taun Stewart    Apr 25, 2019

    Good luck Brother. Let me know if I can help you in any way. [email protected]

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  • James Njoki    Apr 21, 2019

    Greetings I hope everyone had a great holiday. I've been waiting for the to be funded almost 5 days now. and there no a space in forums for to leave a complain. please help me to express my difficulties since I have been waiting the loan to add my stock at shop since the demand is before kid's open schools.

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    • (Comment deleted by author)

      • James Njoki    Apr 21, 2019

        Greetings Laurie,I hope you are fine.I read your letter careful and I have now understand well.I hope the loan will get funded soon. As my shop business this is the highest chances to make a profit since kid's are at home before they have got back to school for second term. I am looking to create more jobs for youth's through zidisha and it's generous lenders. I really appreciate your kind actions of supporting the new entrepreneurs and also small business owners like me.Thank you very much mr Laurie for keeping up,I wish you a happy Easter and God bless you.

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  • James Njoki    Apr 17, 2019

    Thanks alot My lenders

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  • James Njoki    Apr 17, 2019

    I've received the amount of 1,163kes,and I will use the loan to purchase pure white cooking fat from the wholesalers and sell in retail price at my shop.I am so grateful for loan.Thank you very much and God bless you all.

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