David

Githunguri, Kenya

100% repaid

Entrepreneur

Name

David

Member since

March 2012

On-time repayments

83 installments  •  35%

About Me

I am David Kori. I mainly live in Embakasi Utawala with my wife and children. I am a businessman running a general shop where I sell goods for domestic consumption. I started this kind of business to help the people living around so as to ease them from walking long distance going to the center which is almost 3KM away to get domestic goods. this business has helped my family and it has enabled me to pay the school fees for my children. I have a dream to expand it and make it a big business which can employ many given to the fact that most people in our country Kenya are Jobless. this will be of economic health both to me and the country as a whole.

My Business

I mainly run a general shop where I sell Domestic goods to the people living around Embakasi Utawala Estate. I started this kind of business because was an upcoming estate and the influx of people to the area is generally high. This place is mainly resided by both the middle class people and lower class one. the place is also secure due to the presence of both the military and Administration police camps in the vicinity. the population of the area is also steady rising given to the fact that its communication network that is road, telephone, water and sewerage has been improving steadily also. this increase in population has been the key to the sustainability to my business hence the profit I do realize.My major risk comes from my competitor who have more capital to stock their shops. From the business I am capable to make a profit of Kenya shillings10000/= on a monthly basis.

Loan Proposal

Dear lenders I wish to apply a loan to expand my business to buy more stock for my shop such as goods for domestic use,I would like to purchase plastic ware for sale in my shop and introduce near products such as shoes,clothes, basins, jags, and many more. This will increase my customer and hence increase my profit in a big way

Feedback

18

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,107.00

Date disbursed

Apr 13, 2013

Repayment status

On Time

Projected term

11 months

Lenders

joerg

Berlin, Germany

O

Ouishoebean

Singapore, Singapore

investor

Candiac, Canada

A

adwatson

Milan, MI, United States

YB Song

Seoul, Republic of Korea

E

erozlum

Istanbul, Turkey

Silver

Steiermark, Austria

R

Rotterdammer

Rotterdam, Netherlands

A

anonymus

Moon, United States

Kysera

Crawfordsville, United States

beverly

Vancouver, Canada

Sundstroms

Falun, Sweden

M

missjoyy

Munich, Germany

L

ldworld

Idaho, United States

Landei

Sandersdorf-Brehna, Germany

T

Texas

Houston, United States

mewesten

Waynesboro, United States

4

4RedStripes

Martorell, Spain

Ingela

Falun, Sweden

C

coinchantal

Krimpen Aan Den Ijssel, Netherlands

Ask David 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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  • calvero    Jan 2, 2015

    David, it has now been five months since your last repayment and we haven't heard anything from you during that time. Could you please update us on your progress?

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  • calvero    Sep 2, 2014

    Hi David, it looks like you're behind on your repayments, could you give us an update on your business?

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  • David    Mar 25, 2014

    What I wound like other ZIDISHA members to know, is that I am an active member who would like to grow this organization in the whole world.

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  • David    Mar 24, 2014

    Please, Am in agent need of this money, so please mobilize your friends to bid. so that I can get the required amount on time.THANKS

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  • ldworld    Mar 12, 2014

    God bless you!! Praying for you.

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    • David    Mar 16, 2014

      Am very happy here in kenya that I have got friend from abroad who thinks about me positively. somebody like Idworld in Idaho THANKS

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  • David    Mar 11, 2014

    I thanks the almighty God for keeping me till this juncture. I have cleared my second loan & now am on the way requesting the third one. I also thanks all Zidisha members for keeping it alive may god bless even the lenders THANKS

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  • David    Feb 10, 2014

    I have already sent 32000 Ksh on 9th feb to repay my loan & I cant see it in my repayment schedule?

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  • David    Feb 9, 2014

    Dear zidisha , Now that I have expanded my business ,I now need to buy a plot around so that I get a stable occupation.
    Am very much In meed of your support financially and even with Ideas.
    In my business I sell all kind of food stuff & some utensils having added even [kienyenji] chicken which boost me financially by selling them for profit & even their eggs This eggs are in high demand than the boloirers as they are more proteinios
    I need to expand their houses and also add the quantity & quality. The area that I am in sounds small thus I need bigger one to fulfill my dreams. My aim is to be a good example t0o my neighbors in business & farming of chickens. I can also add a different type of birds.
    I need money to buy a computer so that I"ll be able to chat with zidisha members regularly.

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    • mewesten    Feb 9, 2014

      Hello Mr Gakuru,
      Thank you very much for the update. It is good to have plans and ideas for future expansion of your activities.
      I am sure that Zidisha lenders will be able to assist you again when it is time for a new loan.
      Best wishes to you.
      marvin

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  • David    Feb 5, 2014

    I can see in this date that am remaining a balance of 45%. I wish to send about 40% in the coming four days, to overcome the past due balance. Infarct I can say Zidisha has helped me much thus I wish to remain in it forever & to bring more members THANKS

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  • David    Dec 28, 2013

    I am still going on with my business & am happy for your support .I wish to remain together if God wishes, Otherwise you have supported me very much I wish all of you good luck &happy new year. I had problem within my family which affected my finance thus affecting my repayment schedule but now is over, I wish to recover the dearies, I apologies for any inconveniences.

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    • mewesten    Dec 28, 2013

      Hello Mr Gakuru,
      Thanks for the update. Sorry your had family problems, but also glad they are behind you.
      What kinds of household goods do you sell in your store?
      Best of luck.
      Marvin

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      • David    Feb 5, 2014

        Am okay together with my family both physically & entire health.Am in the run to clear my past due balance on my loan to get another. I miss your comments.My place is a bit far from cyber thus making me dearie my comments.

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    • ldworld    Dec 29, 2013

      God bless you in your business and may you have great success in 2014.
      Happy New Year!

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      • David    Feb 5, 2014

        My 2014 is okay, am going on well here at utawala Nairobi. Am very grateful for your response for my comments. I miss your comments too and also to hear more from you, am keeping hard to finish my loan & get another one immediately.

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  • ldworld    Oct 1, 2013

    I would be interested to hear more too

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  • mewesten    Sep 30, 2013

    Hello Mr Gakuru,
    You have been a very reliable Zidisha member and I see that you have posted several messages here. You have my apology for not answering you sooner.
    I would be interested in hearing more about your shop business and also your family. I hope your children are doing well also.
    My best wishes to you.
    Marvin

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  • David    Jun 7, 2013

    I David, I received the loan and i congratulate everyone who supported me. i wish to pay it on time and get another one. otherwise I wish you all the best.

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  • David    Apr 11, 2013

    I thank you all in advance for your cooperation and togetherness as we continue work together. I wish you prosperous time and may GOD bless you. Thanks

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    • Rotterdammer    Apr 14, 2013

      Your welcome David
      I supported your first loan too and because of your good repayment rate I'll support your 2th loan too.
      Good luck!

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  • David    Feb 17, 2013

    am still thanks youfor on tongetherness in which am almost to clear my loan . i hope to reaceive another one emedietery .and may God bless you

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  • David    Dec 26, 2012

    I still thanks you for the support you gave to my business .I pray God to give ability to clear the loan so as to get another one, My business is still going on well in which i hope the second loan will expand it more. Thanks in advance.

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  • David    Apr 14, 2012

    Thanks that I have received the loan I'' pay according to the rules expecting the second one. Thanks

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  • David    Mar 23, 2012

    Please am in agent need of this money. So please mobilize your friends to bid so that I can get the required amount on time. Thanks your positive reply.

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