Expansion of a furniture shop

Kelvin

Kisii Estate, Kenya

100% repaid

Entrepreneur

Name

Kelvin

Member since

April 2014

On-time repayments

150 installments  •  64%

About Me

Myname is Kelvin Kamau,i was born in 1989 in a village called Kamahuha in Muranga county,and went to makuyu By Grace academy,where i completed my class eight ,passed and got a chance to attend my high school at Naaro high school in the year 2004.i schooled at the school for 4 years and in 2007,i got a KCSE certificate and managed to get a mean grade B.It is then that my parents offered to take me to college at Thika Technical Training Institute to persue a diploma in electrical engineering.in 2011, i got a short term job with KPLC, worked as a contract worker for two months and later started a business,where i sell electronics and give electrical services upto date, and now own a furniture store.

My Business

As an electrical engineer, I have been able to raise capital through zidisha funding and profit from electrical shop. I have expanded and started a business in making furniture which is a profitable business. I have employed three carpenters who have enabled me grow and have a profitable business. I intend to expand my furniture business once am awarded this loan, .

Loan Proposal

I intend to expand my furniture shop by renting some more space. The space is much essential at this time because most of my customers need to see variety, and I lack enough area to display all that is needed for them. After I have acquired the space which is approximately 30 by 30 feet , it will be enough to display more furniture and stock. The space will also be enough to accommodate more labour force. With this added advantage, I will be able to realize more profits and get to repay the loan at ease. Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$147.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

A

Andy

Berlin, United States

O

Ohio

Ohio, United States

Paul Buchheit

Mountain View, United States

M

maverick

United States

B

bscent

Hong Kong

S

Stephan

Netherlands

T

thedan33

Czech Republic

PG

Paul Graham

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

VC

Victor Chong

United States

Salvatore Martello

New York, New York, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

C

Corran

United Kingdom

LW

Liz Wanjiku

United States

Ask Kelvin 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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  • Kelvin    Aug 30, 2017

    Hello Zidisha family? Thanks to you all for supporting my business and helping me succeed.

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  • Josphat    Aug 4, 2017

    thank you lenders for your patience,have managed to talk to kelvin and has promised to pay as well as change his payment schedule to accommodate his financial status.thank you in advance.

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  • Josphat    Jun 22, 2017

    Hi lenders have talked to one of Kelvin's referee since his phone is off and the referee has promised to search him for he knows him.will work hand in hand with the referees until we succeed.thank you for your patience.

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  • Kelvin    May 14, 2017

    Hi lenders, thank you very much for lending me cash to expand my furniture shop.

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  • Kelvin    May 1, 2017

    Thanks to Zidisha family for financing my loan on time. Am really humbled.

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  • Kelvin    Apr 18, 2017

    Hello Zidisha family, am happy to have repayed the previous loan before the scheduled period, as I realized better profits than I had earlier projected. I wish to get a new loan and make my business even better. Thanks.

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  • Luke    Jan 26, 2017

    He has just called me through my number and has informed me that he sent the amount which was due on wednesday the 25 th of january but his account is yet to be updated please check that days payment and update . Thanks

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  • Luke    Jan 26, 2017

    I'm not able to reach kelvin i have been trying for one week now ,and all his relative are telling me they will inform him when they see him ,to me now i don't know what else to do only to wait until he calls me.

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  • Kelvin    Dec 21, 2016

    Thank you zidisha team for funding my loan. I will use this loan to expand my business.

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  • Kelvin    Oct 24, 2016

    Thank you very much zidisha team for the support and kindness you have shown me.

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  • Rembrandt    Jun 24, 2016

    Dear Kelvin,

    How are things going in your life and with your business?

    All the best,
    Rembrandt

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    • Kelvin    Oct 24, 2016

      Hello Rembrandt? I have been doing well in my life and in business too. Thanks for the support. I hope to repay the loan before the scheduled time.

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  • Kelvin    Dec 28, 2015

    Hello, Matt. Sorry for the repayment delay, as I had travelled a few days. I have already repaid the loan and won't delay anymore.

    Thanks

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  • matt carroll    Dec 27, 2015

    hey kelvin - what's the news with the repayment of this loan - when do you think you'll start paying back?

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  • Kelvin    Oct 16, 2015

    I would like to repay a small fee of Ksh 150, as i it is the amount that i feel comfortable paying for a short period before increasing. Thanks.

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  • Rembrandt    Oct 11, 2015

    Dear Kelvin,

    Happy to help with your loan. I hope your drill arrives soon.

    All the best, Rembrandt

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  • Kelvin    Oct 2, 2015

    Hi lenders, thank you very much for funding my loan. I wanted to tell you that i received it in full and have already ordered an electric drill.
    Thanks

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  • Kelvin    Sep 27, 2015

    Hi lenders, i would like to thank you very much for funding my loan and your quick response. I will use it to buy an electric drill to ease my job and make more profit.

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  • Kelvin    Sep 22, 2015

    Thank you team for your support as i raise my loan to procure an electric drill.

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  • Kelvin    Aug 17, 2015

    Hello zidisha members, i have decided to increase my repayment schedule to 1500 per week due to increase in my income. i thank you for your continued support all through.

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  • Kelvin    Sep 24, 2014

    hi zidisha team,am glad to inform you that my business has been growing day to day out due to zidisha.am pleased

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