Nicholas

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

September 2012

On-time repayments

35 installments  •  66%

About Me

I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with one child who is in school. I live in plot number 93 at the shopping center where I carry out my business with my family. My business entails a wood workshop at the shopping center. I make all sort of wooden furniture in my business.

My Business

My business entails a wood workshop at the shopping center. I make all sort of wooden furniture in my business.The goods that I make I sell them to residents of this areas and others I take them to nearest major towns such as Nakuru, Gilgil and Naivasha. The main challenges that this business encounters are drought which affects the market, lack of finance to expand the business and high cost of electricity.

Loan Proposal

Dear Lenders,
I would like to use the loan that I will get from Zidisha Organization to buy a rolling machine and a carving machine. This will be very important in my business as most times I have to pay for these services. This has prompted me to decide to buy the machines so as to reduce the cost and increase production in my business. I will also be able to produce more quality products as I will be doing the rolling and carving by myself.

Feedback

15

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Oct 4, 2012

Repayment status

On Time

Projected term

4 months

Lenders

A

Anninymouse

Southampton, United Kingdom

Brian

Midhurst, Canada

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

José Antonio

Carapicuíba, Brazil

S E C King

Worcester, United Kingdom

Rdcmole

Cincinnati, United States

E

Enrique

Plano, United States

S

SMRosen

Hershey, United States

T

ToddK

Indianapolis, IN, USA, United States

DaveinPerth

Perth, Australia

M

Marny

Melbourne, Australia

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Summary

Amount repaid

$520.24

Amount remaining

$0.00

Date repaid

Dec 25, 2012

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 4, 2012 $50.88 Dec 2, 2012 $50.88
Jan 4, 2013 $8.64 Dec 2, 2012 $8.64
Feb 4, 2013 $459.79 Dec 23, 2012 $416.67
Dec 25, 2012 $43.12

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