Simon

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

August 2012

On-time repayments

19 installments  •  11%

About Me

I live in Kiptangwanyi shopping center which is about 45Km from Nakuru shopping center. Nakuru town is the nearest Major town neighboring Kiptangwanyi shopping center. I am married with two kids who are all in school. I live live in my own piece of land which is plot number 132 at Kiptangwanyi shopping center where I operate my business. I am a driver owning a matatu. I offer the services of transportation. I transport people and goods from and to Nakuru town.

My Business

My business entails the services of transportation. I transport people and goods from and to Nakuru town. I transport using my own vehicle which is a matatu. I use it to offer these service to people between Kiptangwanyi shopping center and Nakurur twon as well as other small trading centers between this route. The business is very profitable especially during holidays and the festive season. The main challenges that the business encounter is frequent fluctuation of fuel prices that affects the transport industry negatively.

Loan Proposal

Dear Lenders,
I would like to use my loan to service my vehicle well and to change my vehicles engine oil. Recently it has been disturbing me and the services were not very good as it had been having frequent breakdowns. This resulted in poor functioning of some of its parts and therefore it was costly to maintain it. We are approaching the festive season and this is the time when the business is good and therefore I would like my vehicle to be in good condition and I will be able to make good profit from it.

Feedback

11

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Sep 30, 2012

Repayment status

On Time

Projected term

3 months

Lenders

A

Anninymouse

Southampton, United Kingdom

EricDWalters

Rochester, Mn, Usa, United States

V

vamPierchen

Luxembourg, Luxembourg

YB Song

Seoul, Republic of Korea

S

SarahJoy

Peterborough, Canada

José Antonio

Carapicuíba, Brazil

B

Bpryse

Long beach, United States

P

ploeger

Perkasie, United States

Silver

Steiermark, Austria

MaxEmerika

Sonoma County, California, United States

Raoul72

Naarden, Netherlands

T

ToddK

Indianapolis, IN, USA, United States

Simon Thomas

Christchurch, New Zealand

L

Lemon

Switzerland, Switzerland

G

gregoryhk

San Francisco, United States

MichaelR

Los Angeles, United States

S

sh3rli

Puchong, Malaysia

D

danny

Karlsruhe, Germany

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  • Astrid    Jan 25, 2016

    Hi Simon, How are you doing today?

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  • Astrid    Jan 2, 2015

    Hi Simon,
    I wish you, your family and your business all the best for 2015. Can you resume repayments soon please? Thanks!
    Astrid

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  • Astrid    Jul 31, 2014

    Hello Simon, Can we have your next repayment plase? Thank you! Astrid

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  • Simon    Apr 26, 2014

    Dear Lenders,
    I am hereby appealing to reschedule my loan repayment at the moment. My business failed terribly and this made me unable to repay my loan. I however relocated from the area that I was operating at and moved to another shopping center and the business is slightly picking up. I therefore wish to request to complete my loan in the next three months.

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  • John    Apr 3, 2014

    I have made contact with Simon and he promises to keep his repays upto date.

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  • Astrid    Mar 1, 2014

    Hi Simon,

    How are you doing? Any chance you might be able to make some more repayments? Thanks,
    Astrid

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  • Simon    Sep 17, 2013

    Dear Astrid,i am fine,what obout you? my bussiness is doing well but currently a i am not at job because i sold the small matatu that i was operating with,by now i am at Mombasa looking for a bigger one and a new one which can carry eleven passage rs istead of the one i had which was carrying eight passegers,this wil help me more especially coming December season were most people usually travel to their homes for Christmas festivals

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    • Astrid    Sep 17, 2013

      Hello Simon,

      Good to hear from you. Good luck with finding and operating a bigger vehicle!

      My own business is doing fine and reports about the global economy seem to be good as well.

      Best,
      Astrid

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  • Astrid    May 30, 2013

    Hi Simon, How are things going now?

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  • Simon    Mar 24, 2013

    Hallo,my dear leders and zidisha team,thanks for your continuing support ,now comes a time for me to start paying my loan,this is my humble request to you to allow me to start paying my loan coming month,the reason for doing this is because my P.S.V matatu was in garage for whole body service and after that i was to renew my insurance and other legal document for it to start working,but i am willing that come next month i will make my payment,thanks

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  • Simon    Dec 18, 2012

    HI, Lenders,
    i would like to reschedule my loan repayment by reducing the time that I was to repay the amount. I would like to repay all the remaining amount at once. I had indicated earlier on my first loan that I would like to purchase a new engine for my vehicle. This amount has assisted me so much but I could not be able to purchase a new engine. So I invested it in my business and have made good returns which I would like add and repay all my loan. With the second loan I hope that I will be able purchase the engine.

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    • Astrid    Mar 20, 2013

      Hi Simon,

      I'm not entirely sure what you ask. Do you want to pay back everything immediately and then ask for a second loan? If that is what you mean, that sounds fine to me. Good to hear that oyu did well with your first loan. Good luck with your business!

      Astrid

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