Martin

Nakuru, Kenya

31% repaid

Entrepreneur

Name

Martin

Member since

July 2013

On-time repayments

26 installments  •  19%

About Me

I come from a family of six, two boys and four girls. I live and run a small cyber café here in Nakuru town. Am a trained marketer, I have always loved to do business. After college, I started small scale business, before going back to college to study ICT, Am now using the skills learnt to do the business. the business pays my family bills . Am happy with the way things are going in this business.
I have faced many business challenges as I run the business but so far so good. Am ready to invest and supervise the business to greater heights.

My Business

I run a small cyber café in Nakuru town.I deal in providing internet services , printing , photocopying and type setting .my business has been operating for the last one years .there is need for more services to make the business more competitive against my competitors hence the need to seek loans services.
Nakuru town has seen the expansion of education situations , many require there students to do a lot of research work and printing .this makes my business have a very huge demands for my services.
The major risk is frequent black out, I intend to conquer this my buying a generator.
The business makes a monthly income of Ksh. 30,000 , I pay a bill of about Ksh. 15,000.so , my profits stands around Ksh. 15, 000 I intend to use the loan to invest into the business and also to help me repay the loan.

Loan Proposal

Dear Friends, first i want to thank the Zidisha Organization for being so kind , thus enabling me and other small business people to get loans . The first loan helped me so much to stock my business with stationery and to upgrade my computers.

This send loan , I intend to purchase , a reliable printer , which will service me well. The one i have , i bought it two years age, and its life span seems to have expired , since it keeps on breaking down.The printer i want , is an Epson type, which cost around KES 37, 000. It gives best quality printout. It can also print A4 and A3 papers.

Am looking forward to getting the loan. Thank you again Lenders , for your kind gesture.

regards
Martin L.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$409.00

Date disbursed

Dec 3, 2013

Repayment status

Late

Projected term

22 months

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

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  • KM    Sep 14, 2015

    it's been a long time since we've had any news from you. Are you alright?

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  • KM    Jun 8, 2015

    Hope that everything is all right with you, that you have recovered your health.

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  • KM    May 10, 2015

    Hello Martin. How are you now? I hope that you are feeling better.

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  • Martin    Mar 20, 2015

    Hello zidisha friends,
    I have been unwell for some time ,indeed my business collapsed. But still i will strive to repay my loan regardless of what. i intend to reschedule my payment , will start the repayment this coming end month - end of March.

    sorry for the inconvenient
    Thank you for your great service
    Martin

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    • KM    Mar 25, 2015

      I'm sorry to learn that you have been unwell. I hope that your health is improving, and thank-you for updating us on your situation.

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  • KM    Feb 22, 2015

    Is everything all right? I hope that you are well and that your business is doing fine.

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  • KM    Nov 8, 2014

    Hello, how are you? Thank-you for your recent repayment, I hope business is doing well.

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  • jan73    Jul 19, 2014

    Dear Martin,

    From what we hear in the news, I would think the unrest in Nairobi could affect all Kenyans. It sounds like a difficult time. I hope you can find a way to continue your current business but expand your services rather than start over. Would buying the generator you mentioned give you a leg up on your competitors if clients know their service will not be cut short by a blackout?

    Best wishes,
    Jan

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  • Martin    Jul 19, 2014

    Dear Jan,
    Thank you for your concern.My business is not doing well , but we are praying for good times a head.
    Cyber cafe business , in Nakuru town has really gone down generally , am taking a feasibility study to see, where else i can invest my meager cash.

    Thank you anyway , and good bless
    Martin

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  • jan73    Jul 7, 2014

    Martin,

    Thank you for the update. You have clearly continued to try to make payments. I hope things continue to improve for you and that your business thrives.

    Jan

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  • Martin    Jul 7, 2014

    Hello friends,
    I have been having some personal issues , which have made me not to be on time in repayment. But now things are abit improving and i hope to resume fully repaying my loan.

    Lenders , bear with me , and i promise to repay my loan.

    regards
    martin

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    • KM    Jul 17, 2014

      Thank-you for communicating and making continual efforts to meet your commitments.

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  • KM    Jun 20, 2014

    Hello Mr. Luganji, I hope that you are in good health, Did you celebrate Father's Day on the 15th of this month?
    Thank-you for continuing to make repayments on your loan.
    Were you able to open a cyber cafe?

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  • Falconet    May 1, 2014

    Hannah Wambui defaulted.
    Are you going to visit her?

    She sounds like a scammer.

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  • Martin    Apr 9, 2014

    Dear Madam Kilmeny ,
    Thank you for your note. This is a great programme , and i will always do my best to make the programme work. Its the best thing for me and for those who intend to join the Organization.

    Regards
    Martin

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  • Martin    Apr 2, 2014

    Dear,
    Some of our members who have defaulted need to be visited by VM. some are just ignorant on the way forward , on how to restart repaying the loan.

    Regards
    Martin

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    • KM    Apr 5, 2014

      Thank-you for your work as VM. Also, thank-you for catching up on your own repayments!

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  • Martin    Apr 2, 2014

    Dear,
    Some of the members who have defaulted for long , need to be visited by some of VM. Some of our members are just ignorant on the way forward if they have defaulted.

    regards
    martin

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  • Martin    Mar 30, 2014

    Hello,
    Sorry for the delay ,but promise to repay first week of April.To be precise by 5th of April

    Thanks
    Martin

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  • CZC    Mar 27, 2014

    Mr. Luganji,

    How are you doing? How is your business?

    I see that you have fallen behind in your repayments. You are now over a month in arrears ($21). Could you let us know when you will resume repayments?

    Thanks,
    Cris

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  • AWOL    Mar 2, 2014

    Dear Martin,

    Can you contact this borrower? I lent him a lot of money and haven't

    heard from him since last summer. He is one of your mentees.

    www.zidisha.org/microfinanc...

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  • John    Feb 28, 2014

    Hello Mr.

    Martin Luganji I would like to please ask you if you can get the contqact person of Judith Njeri, in yoyur record it shows that you are his volunteer mentor, kindly find me her number i get in contact with her, i am also a voluteer mentor in Nakuru, I work from Nyamakoroto thats where my office is located, 2nd floor Room 207, please give me a call on 0721151768

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  • Hedwich    Mar 14, 2014

    Hi Martin,

    Thanks for the work you do as a VM to many. Have you heard anything lately from Limo Kiprotich, one of your mentees? Since his loan was disbursed in October, we haven't heard anything from him.

    www.zidisha.org/microfinanc...



    Thanks,


    Hedwich

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