Gideon

Bahati, Nakuru-north District, Kenya

100% repaid

Entrepreneur

Name

Gideon

Member since

October 2012

On-time repayments

18 installments  •  6%

About Me

I am married and am blessed with a boy, i am an mpesa agent for the mobile company safaricom, i completed my 0 levels in 2004, joined college and completed a certificate in computer, i have not been able to advance in computer since i don't have enough funds so i opt to study online which has gained me lots of skills, i also do computer repairs and maintenance and also i supply when i get a buyer in the surrounding schools and homes which boosts my earnings, the area i live in is agricultural since the weather is conducive for farming.

My Business

First is to thank Zidisha for giving me an opportunity to borrow a loan. In mpesa its all about money exchange via mobile phone. its a profitable business since its the easiest way of banking and most of the people in my area use it since its readily available. This earns me ksh 10,000 per month and in computer repair and maintenance its an often job since it is well ventured in our area and most people have embraced this technology so they need technicians all the time to guide them through. am planning to buy a motorbike which would earn much more since its the mode of transport which is used in our area, and i am sure when i combine this am going to make huge profits and help uplift my living standards.

Loan Proposal

Dear lenders, the loan i am requesting from Zidisha will help me purchase a new motorbike worth KES 75,000 the remaining cash i will add from my savings. This motorbike I will use it to ferry customers in our area and luggage and during this festive season and i will make huge profits from this business since its the preferred available means of transport that is convenient.

Feedback

7

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Dec 3, 2012

Repayment status

On Time

Projected term

12 months

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  • Gideon    Mar 21, 2018

    With the loan i bought a second hand motorbike which i was using to ferry passengers but unfortunately it broke down and had to sell it at a throw away price, right now am doing some odd jobs to sustai my family. Am in huge rent arrears i wish you could come to my resque

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  • Gideon    Mar 21, 2018

    Hi lenders. Its been a while since i logged in my account. First is apologize for default of the loan. Still am not making any meaningfull progress and i really need assistanc.

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  • Corsmas    Jan 4, 2015

    Dear Lenders,
    I have spoken to Gideon Karanja 4/01/2015 in regard to his loan and he told me that he will request for more time from zidisha to settle the loan.
    I will make a follow up and brief you accordingly.
    Corsmas

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  • Corsmas    Sep 28, 2014

    Dear lenders and Zidisha team, I have spoken to Gideon today 28/09/2014 in regard to his arrears but he told me that he is facing financial problem but will clear the loan as soon as he recovers.
    Corsmas

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  • Corsmas    Jul 13, 2014

    Dear lenders and Zidisha team, I have spoken to Gideon today 13/07/2014 in regard to his arrears but he told me that he had requested Zidisha office to give him time to settle on his new job after which he would start making the payment as his business was not doing well.
    Corsmas

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  • Gideon    Jul 6, 2014

    Hallo Zidisha, first is to thank you for your patience since i havent been making my monthly payment of the loan. i dont have a job for now but i get some small jobs that sustain the upkeep of my family. please bear with me until am able to complete that loan, i will do whatever it takes to repay full amount, although i will be late. thanks again and keep up the good work...

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  • Gideon    May 15, 2014

    Dear lenders am really sorry for not making payments of late... this is due to unavoidable family issues.. i have few cash to split in upbringing my family and repaying my loan.. am hoping to stabilize and complete this loan before the period ends.. thanks for your patience.

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  • Gideon    May 15, 2014

    Dear lenders am really sorry for not making payments of late... this is due to unavoidable family issues.. i have few cash to split in upbringing my family and repaying my loan.. am hoping to stabilize and complete this loan before the period ends.. thanks for your patience.

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  • Corsmas    Apr 10, 2014

    Gideon have just called me now after i had posted my comment to inform me that he will pay some cash tomorrow 10/4/2014

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  • Corsmas    Apr 10, 2014

    I called Gideon Karanja today 9/4/2014 at 6.38 pm but he did not pick my phone.I called him again using a friends phone but did not pick the phone too.I then called his community leader who told me that he saw him over the weekend but was unaware that he had taken the second loan though he promised to find him and will let me know his problem and possibly give him my number to call me.

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  • Corsmas    Mar 28, 2014

    I called Gideon today the 28/3/2014 to inquire if he was really paying in bits as he had promised and he told me that he had been remitting at least a small amount on weekly basis and promised to pay some small amount between today and Monday as he awaits payment from a constract he had just completed of which he will use to clear the loan.I will confirm the payment with him tomorror 29/3/1014

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  • Gideon    Dec 3, 2013

    Dear Zidisha due to low profit margin in my business i have not been able to make constant repayment of my loan. I am hoping that between January and April i may have completed repaying the loan so that i get a bigger one to help me start my very own business without partnership so that i dont have to share profit with anyone and this will help me make good progress in my day to day life. I congratulate you for the support you have given and i wish that things work positively and we work and walk farther with you. Thank you and God blessings be upon you.

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  • Gideon    Nov 6, 2013

    Hallo lenders, first is to make apologies for my late loan repayments. I havent been doing so good lately but i am really trying my best to pay what i get. I am caught up by so many issues which have been needing money including the loan i have with Zidisha. I am balancing the funds i get between my day to day living and the debt i have, so please bear with me i am optimistic that soon things will be good and thus i will pay the loan seamlessly without failure. I am still in business and i have faith it will grow bigger. Thanks

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  • Gideon    Sep 25, 2013

    Hallo lenders, i am doing good in my business and its up and running smoothly. Its barely a month ago since it stabilized due to licencing and other small requirements. Me and my partner are working hard to ensure that we make good returns at the end of the day. I plan to repay the whole loan according to the monthly installments, but i haven't completed my 1st pay due to difficulties since the job was new and i had little money. But as from now i pledge to do my level best to achieve a 95% on time repayment so that you dont loose trust in me. In case of any difficulties i will keep you updated. Thank you lenders for your support, i wish you all the best in your doings. May God bless the work of your hands.

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  • Gideon    Sep 8, 2013

    this is the pool table we bought and its picking well.

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  • Gideon    Sep 8, 2013

    this is the pool table we bought and its picking well

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  • Gideon    Sep 8, 2013

    Dear lenders i have been silent for quite some time, i have partnered with a friend and we managed to open another business and its already twenty days old so its time we are picking up. I have not managed to repay my whole installment but i will cover it before the next repayment date. I really appreciate your support. I hope my business does well to avoid inconveniences. Thank you.

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  • Foreclosedjapan    Jul 10, 2013

    Thank you for the update.
    I hope things improve for you.

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  • Gideon    Jul 10, 2013

    Please bear with me i have not been able to revive my business since i am still searching for funds to run it. The reason why this is happening to my business because when i had applied the second loan i had planned to expand the business since i was to get a over $1000, but my account got expired, then i got the same amount just like the one i had paid and thus i just paid some bills and since competition was high my business caved in to pressure.

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  • Gideon    Jun 3, 2013

    Dear Zidisha, Am greatful for the support you have given to me. Its not my wish to reschedule my loan as i have done, to be honest i feel bad and feel that i have not lived to my promise. I have tried my best to make my business up and running but my business has gone down and am looking for funds to revive it. Please bear with me. I promise that i will try my best to repay on time.

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