Corn shelling machine

David

Rongai, Kenya

72% repaid

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How it Works

Entrepreneur

Name

David

Member since

March 2013

On-time repayments

127 installments • 74%

About Me

Am a resident of Rongai district,rongai location,Kapkwen sublocation,Tuiyotich village.
I am a self employed young married man,with a kid.am engaged in a poshomill business.
Educationally,am a form leaver and didn't further my studies due to financial constraints,and that is the reason I opted to join the business world of business.
I started the business back in the year 2009,the business though challenging, it pays of.I spend the earnings from the business to sustain my household needs,cater for operational expenses and save the remainder.

My Business

My poshomill business is located in a strategic place and there is no any other poshomill in the village.Many of my Customers are really satisfied with the quality of services I offer though limited by financial constraints.During the harvest season,the business is usually at its peak and profit is usually high,enabling me to save.
Currently I incur no rental charges since I own the premises.The expenses I in incur is due to fuel and machine maintenance .
If given the loan,I will use the loan to stock some sacks of maize which I will later sell back to my customers when they have ran out of stock.

Loan Proposal

I would wish to purchase a maize shelling machine to further expand my maize milling business.
The previous loan acquired from zidisha actually helped in raising my gross income and in return I managed to lease a piece of land where by I used it in maize farming.
In the next couple of months,I am expecting a bumper harvest and it is for this reason I am here to apply for a loan to enable me purchase a corn shelling machine.
The corn shelling machine will also be another source of income since most of my neighbors are maize farmers.
If given the loan in good time,I guarantee my lenders that the machine will payback within the next a couple of months.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$265.00

Date disbursed

Jul 2, 2015

Repayment status

Late

Projected term

12 months

Other loans

Apr 2013: $100

Aug 2013: $202

Mar 2014: $297

Lenders

jan73

Eugene, United States

Paul Graham

United States

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David Jun 30, 2015

I would wish to thank all the lenders for you contributions.

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David Jun 20, 2015

I wish to thank all my lenders for the previous loan.It actually helped me a lot in the expansion of business and that the reason I am here to apply for another loan.If given the loan I will use it in purchasing a corn shelling machine.

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bconrad Dec 1, 2014

Dear Lenders,

Due to a data entry error, a payment from David on November 21st was entered multiple times erroneously. Once this error is fixed in our system, the funds in your lender accounts will decrease accordingly. We apologize for this error and any inconvenience it causes you!

Thank you,
Bayle, Country Liaison Manager

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David May 13, 2014

While I
was creating my loan
application,I intended to be
repaying on monthly basis but currently it's on weekly basis,may be a mistake occured while I was creating my profile.it is for this reason that I seek to reschedule my loan repayment to an amount that I can afford on weekly basis.I wish to apologise to all my lenders and I hope they will bear with me.I highly regret the inconvenience this might have caused.

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David May 5, 2014

I would wish to apologize to all my lenders for the delayed repayment.While I was creating my loan application,I intended to be repaying on monthly basis and not on weekly basis as it is at the moment.Am currently working on the problem and hopefully it will be sorted as quick as possible.I have never delayed in my loan repayment and I have always wished to maintain a good record, I therefore apologize for the inconvenience.

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Namaste250 Apr 29, 2013

Dear Mr. Kwemoi,

Congratulations on receiving full funding. I hope you will find good quality bags of maize. Is a poshomill a mill for just maize or all flours? I am sorry I do not know your country well. But I am enjoying learning more from the zidisha borrowers.
My city is called the Flour City because we are on a big river with many waterfalls and in a good place for transportation. There used to be so many mills, but now they are all gone. Now we are the flower city.

Best wishes for health, continued success and prosperity, Ann (namaste250)

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