Zidisha |

Jacob

Kiptangwanyi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Jacob

Member since

April 2012

On-time repayments

72 installments • 49%

About Me

I am married with three kids, two of them are in school. I live in Kiptangwanyi shopping centre which is about 43km from Nakuru town. I live in plot number 53. I operate a timberyard at the shopping center.

My Business

I operate a timberyard at the shopping center. There is high demand for the products that I sell because most of them are used i building and construction as well as in furnitures. The main challenges that this business encounter are lack of capital to expand the business and poor means of transport.

Loan Proposal

Dear Lenders,
I would like to use this loan that I will get from Zidisha organization to buy more timber in my timberyard. There is high demand for timber at this time which is widely used in building and construction. I also want to start a workshop at the shopping center which will boost my business of timberyard.

Feedback

Positive

Neutral

None

Negative

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,000.00

Date disbursed

Dec 11, 2012

Repayment status

On Time

Projected term

8 months

Other loans

Apr 2012: $978

Jul 2013: $1,007

Mar 2014: $977

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Hellen Sep 29, 2014

Jacob said that hes working on repaying the loan,he said he had some financial issues.

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gardeningartist23 Mar 27, 2014

Wishing you success with your business!

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roberta.zenere Nov 4, 2013

Dear Lenders,

my name is Roberta Zenere and I am a Kenya Country Liaison Intern at Zidisha. Within this role, I am coordinating the Zidisha's MPESA team, responsible for processing loan repayments and disbursements.

Today, while reviewing our accounts, I noticed that the repayment of 85.41 USD (7,200 KES) posted on October, 13 in the repayment schedule of Mr Mutunga was entered by mistake. This means that, upon removal of the transaction, the amount that had been credited to your lender account will be reversed and will reduce your available balances accordingly.

We are sorry for this inconvenience. Please, let us know if you have any questions.

Thanks for your patience!

Best regards,

Roberta

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Jacob Jul 9, 2013

Hi all lenders,
I take this opportunity to first thank you for counting me worthy to be funded by Zidisha organization. I am ddoing well with my second loan and i have been able to do alot with the loan in improving my business. I wish to repay the remaining amount well in advance as my business is doing quite well. Thank you.

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