Jacob

Nairobi City-pipeline-tassia Estate., Kenya

100% repaid

Entrepreneur

Name

Jacob

Member since

June 2013

On-time repayments

15 installments  •  40%

About Me

Am the 3rd born of 6(six) family members. Am also single.
I finished my form four at Nangori High school and persued information technogy
My business is in epren academy and these is how to locate it
Its about two km from the stage that’s pipeline stage in dolholm and it’s a working distance.
It’s a well known school so it’s easily to locate. When you reach epren where it’s painted pig red showing epren academy. its on your right as you come from dolholm and just opposite the gate is a kiosk which actually acts as a canteen to the school as there in no shop inside the school it is my shop called AMANI SHOP and painted bluish the other two shops are a kinyozi and hotel shop both the lots are for the owner of the school whom we pay rent and the plot no is 0445.I employed a girl who stays at the back of the shop.
In that line as stated, there are only three shops and the firs shop is mine which I actually stay behind. I stock goods like sugar, bread, tea leaves, milk etc I serve both the public and the pupils. I normally increase my stocks with the profits and also pay my sisters a school fee who is now in form two.
I will greatly appreciate a consideration by Zidisha micro finance as I will use the loan to boost the stock especially the fast moving goods.

My Business

After my education;
On early 2012 –January I started looking for opportunities in vain. It also prompted me to come to Nairobi for my cousin brother who works at Kenya revenue authority and stays at dolholm flats at house 014.
I stayed with him after securing a job at dolhom working as a cyber attendant as that was my course. On March I heard Epren college was lending out the shop and since my cousin is apparent at the school and well known to him by the school director he assisted me a lot in securing the shop.
These for real changed my life as I apply for a loan know I have already assisted my sister who is in Kaproprita high school in form two now in paying her school fees.
I am now operating as a shop keeper and all the stocks are mine and the initial capital was greatly assisted by my cousin.
The challenges I normally face is lack of security, I also finish stock at a high speed especially when school are open as it’s only the shop pupils rely on.
I make sales of up to ksh.5000 per day and goes to ksh.100000 per month.
i have hired a lady whom I pay ksh6500 and my net profits is normally ranges to ksh.50000 which I use to increase stocks frequently.

Loan Proposal

First I would like to congratulate all the team who asisted me upto these level.its really a golden oppertunity.I will now use the loan to increase the volume of fast moving goods especially now that schools are still ope.
These will further increase my dailly sales eventually increasing my profits inturn it will also enable me submit my loan repayment promtly.
Thanks and be blessed all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 8, 2013

Repayment status

On Time

Projected term

7 months

Lenders

K

KakkoiiCali

Anaheim, United States

Hope2012

United Kingdom

E

Elisa

Espoo, Finland

beverly

Vancouver, Canada

russell

leicester, United Kingdom

A

Astrid

Den Haag, Netherlands

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  • Bavarian    Nov 11, 2014

    Hi Jacob! Please inform us, when you are going to resume your repayments! We haven't read any news from your side for months! Investors will not grant you any more loans in the future, if you behave like that! So tell us what is going on, please!

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  • Sarasota    Oct 4, 2014

    Hi Jacob,

    What's going on? Please give us an update. We've had no repayments or any word from you in many months.

    Thank you,

    Mike

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  • Jacob    Mar 16, 2014

    Hi zidisha lenders.i would like to take these opportunity and thank you for the loan accorded to me.I have just invested withe loan and would highly take the opportunity that i get enough sales through serving the teachers,pupils and community around to improve my repayment amount.
    Thank you and God bless you.

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  • Jacob    Feb 13, 2014

    hi lenders,i trust that you have been doing well.i truly appreciate the loan that you accorded me last year for the canteen improvement and i must admit it has been doing well on my side.i will be rescheduling the loan to enable me clear the loan at once as schools are open once more and revenues are are generated well once more.
    I ope the message finds you well.
    Thank you
    malova

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  • Jacob    Oct 24, 2013

    Hi lenders?i am very happy to inform you that i will keep to my promise thee schools were were open and it has really done me great.I invested the loan for the last three months and i have good returns over it.now i will repay in two installments within these month to also not let you down as you gave me enough time.Thank you and be blessed.

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    • beverly    Oct 31, 2013

      Hi Jacob,

      I'm really glad to hear you are doing well. Thanks for repaying your loan, and I wish you the best for the future.

      Sincerely,
      Beverly

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      • Jacob    Feb 13, 2014

        Hi Beverly,how are you doing?yes the loan has really done so much and i am proud of you.
        God will reward you!

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  • Jacob    Oct 15, 2013

    Hi lenders?i am very happy to inform you that i will keep to my promise thee schools were were open and it has really done me great.I invested the loan for the last three months and i have good returns over it.now i will repay in two installments within these month to also not let you down as you gave me enough time.Thank you and be blessed.

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  • Jacob    Aug 18, 2013

    hi to all my lenders?i am writing to you to let you know that i was really sorry for not paying these month monthly installments.having explained to zidisha micro finance staff over the week,that i lossed some one so close to me and i really spent a lot as considering it was in upcountry too.
    schools are now closed up to next month and my sales will be low hence i request you that you will really understand me as i have rescheduled my repayment to enable me invest the loan now that i was also away from my business for a long period.
    I promise to keep my word next time.

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