Felters investment ltd loan application to fund tyre busines

Hussein

Kapsabet, Kenya

Funds disbursed

$0 to go

100% funded of $11 goal

0

days left

Entrepreneur

Name

Hussein

Member since

May 2015

On-time repayments

31 installments  •  13%

About Me

I was born in eldoret in the Rift Valley all my education was around the same area untill when i moved to nairobi after campus in search of greener pastures.It has never been an easy journey but i have learned alot since i came to the city life.I would like to establish my business and make it big,nairobi is fast paced place and one has to adapt to its daily changes,it is a very demanding place considering the bills you have to pay at any given time be it rent,food,fare etc.I think now im adapted to the way of life unlike in the past.

My Business

I currently work online doing car business sales. Basically i look for cars from clients who are in the car business or individuals who maybe are disposing their cars for sale. I take details of the said cars including pictures and post them on different platforms e.g cheki,autobazaar,olx etc. I then wait for feedback from interested buyers through phonecalls,mails or text messages. I a deal goes through there is a percentage im paid for my services. Challenges are many in the business especially on financial constraints since posting cars on online platforms is not free.

Loan Proposal

Im currently into tyre business whereby i deal with Maxxis tyre brand here in kenya. I get tyres from a dealer here at an wholesale price and and resell back in the market. Dealers have to open an account with the dealer company inorder to transact business when ordering their stock. Currently i want to use this loan to advertise my newly formed company through digital media inorder to have more clients and an appealing businessm

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Feb 10, 2017

Repayment status

Late

Projected term

2 months

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Ask Hussein 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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  • Mabel    Aug 21, 2017

    Dear Team,
    I have talked to Husein and he has promised to adjust repayment schedule and start paying in little by little.

    Thanks,
    Mabel

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  • Mabel    Aug 16, 2017

    Dear Zidisha Team,

    Hussein does not pick my calls and all his referees claim not to know him and they deny they dont have anything to do with him. Even Hassan whom i talked to earlier and he accepted to help me find him now says he is not the one he knows.
    I have written to Hussein messages but he doesnt respond.
    I will keep on trying.
    Thank you.
    Mabel

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  • Mabel    Jul 20, 2017

    Dear Zidisha,
    I have been trying to contact Husein Kirwa but he does not pick my calls. I have contacted one of his referees , Hassan, and he has promised to contact him by next week.

    Thank you.
    Mabel

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  • Mabel    May 6, 2017

    Dear Zidisha Team,

    I have been trying to talk to Hussein but he does not pick his phone. He wrote to me a message that he is busy. Then i wrote back and requested him to pay his arrears to Zidisha. He did not respond. I am still making effort to contact his referees.

    Thank you.

    Mabel

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  • Mabel    Apr 4, 2017

    Dear Zidisha team,

    I have spoken to Hussein Kirwa again and he had not understood that the arrears can be paid on any other day than the specified Wednesday in his loan schedule. We have agreed that he pays the arrears immediately without considering which day of the week it is.

    Thank you.

    Mabel

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  • Hussein    Feb 6, 2017

    I want to thanks zidisha lenders for believing in me and funding my next priject even with a low repayment rating.

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  • Hussein    Jan 24, 2017

    i can pay more

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  • Hussein    Oct 14, 2016

    I have been out of the country that's why I have delayed payments once I'm back next week I will clear my dues

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  • Hussein    Sep 20, 2016

    Hi i wish again to relay my sincere gratitude to zidisha lenders who have been a great way helpfull towards building my success. The loan amount though small has been helpful alot. Im still having challenges but business is not bad as im making progress.

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  • Hussein    Sep 5, 2016

    Hi i acknowledge receipt of my first loan I'm really grateful as it is helping in a very big way.

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  • Hussein    Sep 1, 2016

    Im really humbled and I say thanks for trusting and agreeing to fund my project within a short period of application. This will help ease the burden i have had and in the long run grow myself.I promise not to let you down

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