Zidisha |

Timothy

Kiptangwanyi, Kenya

23% repaid

Follow Timothy

How it Works

Entrepreneur

Name

Timothy

Member since

March 2012

On-time repayments

20 installments • 35%

About Me

I am married with 2 kids one of them schooling. I live in Kiptangwanyi shopping center which is about 42km from Nakuru town. I live in plot number 54. I operate a barber shop and battery charging at the shopping centre.

My Business

I operate a barber shop and battery charging at the shopping centre. The main challenges that this business encounter are high cost of electricity and also high cost of living.

Loan Proposal

Dear all lenders and Zidisha team, I am grateful that you gave me an opportunity to get a loan from your organization. You have really changed my life and my business as well. I would like to use this loan to purchase another battery charger, new machines for shaving as well as refurbishing my kinyozi to attract more customers in my business.

Feedback

Positive

Neutral

None

Negative

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,355.00

Date disbursed

Jan 9, 2013

Repayment status

Late

Projected term

16 months

Other loans

Apr 2012: $990

Lenders

Errol

Bradenton, FL, United States

Ouishoebean

Singapore, Singapore

davelowe100

Perryville, United States

adwatson

Milan, MI, United States

SeeBiscuit

Reston, United States

Bpryse

Long beach, United States

Walsung1of9

Damp, Germany

rickytherhino

Decatur, United States

russell

leicester, United Kingdom

missjoyy

Munich, Germany

chris3209

Fort Walton Beach, United States

Jeb33red

Bourne end, United Kingdom

Creole1

Mobile, Alabama, United States

borscht

Golden, United States

SvenWaage

Stavanger, Norway

juliemartha

Lake Mary, United States

Ask Timothy 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.

Walsung1of9 Mar 17, 2014

Hälsa Timothy,

It has been 6 months since your last payment. When can we expect your payment

Log in to reply • Share
Walsung1of9 Feb 1, 2014

Halsa Timothy,

Now that your father has had time to recover, when can your lenders expect payment of your loan? If everyone who borrowed, rescheduled, then did not resume repayments, then there is no money to lend to anyone else. Please think about this.

Log in to reply • Share
Timothy Aug 12, 2013

Dear Lenders,
I would like to take this opportunity to reschedule my loan repayment. I have not been in a position to make my monthly repayments. This is because my father got sick and I have been in a difficulty situation as I spend most of my income to cater for his medicine and his health. I am however positive the situation will improve and that I will be able to resume the repayments as I am supposed to.

Log in to reply • Share
borscht Feb 11, 2013

please use the page "Reschedule Loan" in your member account to propose a new repayment schedule.

Log in to reply • Share
borscht Feb 11, 2013

please use the page "Reschedule Loan" in your member account to propose a new repayment schedule.

Log in to reply • Share
Timothy Dec 15, 2012

Dear Lenders,
I would like to reschedule my loan repayment. The reason am doing this is because my father is ailing and I have been taking care of him and buying medicine for him. I am also still taking care of my family and meeting their basic needs. This has affected me financially. I therefore would like to reduce my monthly repayment to 4000kenya shillings and hope that once the situation stabilizes I will be able to repay as I have been doing at the moment.

Log in to reply • Share
Timothy Jul 11, 2012

Dear Lenders,
I take this opportunity to reschedule my loan repayment. This is because my battery charging machine has broken down and would therefore need some more time to repair it. This is why am asking for this time so as I can be able to service it and hope that when I start making my repayments I will be able to do so without much difficulty.

Log in to reply • Share
- Walsung1of9 Jul 11, 2012
  
  Thank you for letting me know. Hope you can get it to work.
  
  Log in to reply • Share