Getting the pick-up... at last!

Derrick Munene

Thika, Kenya

11% repaid

Entrepreneur

Name

Derrick Munene

Member since

July 2015

On-time repayments

87 installments  •  62%

About Me

My name is derrick gitari.after my undergraduate in 2010,wherei did my bachelors in computer science,i decided to secure my career and get a job at the local ministry here in Kenya. after a year working ,the company due to huge wage bill,decided to pull some staff down and i was part of the shakeup decided to travel back to my home and stay with my mother.during this stay, my mother acquired this "thing" called a poker vibrator(i learnt the name after seeing how much it earned),she used to hire it out often.months went buy and she bought a concrete mixer which with the poker were a hot cake around.my mother has been my inspiration because she started from the bottom and went to the male dominated industry which is the construction business.after learning that for about six months,I decided to venture in my own business, but hey where were funds going to come from?with my small savings at the bank, I had the chance to purchase a poker vibrator

My Business

My business is under the construction category where I have a registered company under the name Tonga Nene contractrs.life has walk been a walk in the park but sometimes one has to look at the bigger picture rather than the misfortunes one has to face. in my possession I have the following.
 2 poker vibrators
 7 wheelbarrows
 25 trappers
I have been in contact with site managers here and there and with my consistency I have managed to be hiring the vibrators a consistence 4 times a week ,trappers go for around three times a week have talked to the local banks but none is willing to listen to me. Below is a draft on how much money I make in a bad month.
 2 poker vibrators each @$22 per day=$173 per week=$695 per month
 25trappers @$2 per trapper=$200per week =$800 per month

I would like to purchase the following CONCTERE MIXER, WATER PUMP, AND A HOIST CANE .THEY ALL CAME TO A TOTAL OF $5500

The expenses I get from my equipments including maintenance, storage and transportation will not exceed $108.

Loan Proposal

Since i joined zidisha about an year ago,my growth has been exceptional.This means that i have grown form a humble guy to a big employment machine to hundreds of people due to your generous affordable loans.(construction machines for hire)

For instance,when i joined, i had 1 concrete mixer.now i have 3.my vibrators were 2,now i have 4.my evidence on my hard work is shared through the photos i upload on a weekly basis on my profile.

My biggest problem though has been the transportation issue.hiring a pick up here in kenya is so expensive and was really draining my profits as an entrepreneur.that was the reason why my next project was to save and buy a used pick up truck(which i have started negotiations to purchase)true to my word,i have saved almost enough and with the help of your loan,i will really acquire the said pick up and increase my profit margin.
My journey with zidisha has taught me a few things though,i have learnt that there are people in this world who are very eager to help those who work hard and those who are honest.
This paragraph goes to my brothers and sisters who have had the privilege to get help from the lenders.please just be honest with them and pay the loans on time.what goes around comes back around.lets be fair to others who want the help.

I am willing to walk this journey due to the positive feedback i have been getting from the lenders and my friends.Thanks a lot

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$414.01

Date disbursed

Jun 12, 2016

Repayment status

Late

Projected term

63 months

Cost to entrepreneur

Service fee: $17.03

Lenders

J

Jason

New Jersey, United States

C

CThelper

Guilford, United States

M

MiguelGago

Guimarães, Portugal

mbunifu

San Jose, United States

eagle3

Grand Ledge, United States

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

snapcore

--, United States

lorrymac

Killough, United Kingdom

E

ElmTree

Wadsworth, United States

M

mogensh

København V, Denmark

RebeccaNie

Palo Alto, United States

Jeff and Marcie

Portland, OR, United States

M

mrhanky1

melbourne, Australia

G

gregoryhk

San Francisco, United States

J

jjiffer

Seattle, United States

C

Carol

Ripon, United States

RockinRobin

Centennial CO, United States

D

dball

Karlsruhe, Germany

J

JNale

Reedsville, PA, United States

MichaelR

Los Angeles, United States

C

chasingtheskies

Palmdale, United States

M

matts

New York, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

D

Dplayer33

Sydney, Australia

phytoplankton

United States

T

tmsaddress

Orlando, Florida, United States

L

Lenore

Munich, Germany

nelson637

Greenbrae, California, United States

S

Shadrax

Lansing, United States

C

chrisherron

Chicago, United States

H

hanso

Arendal, Norway

F

farwest

Alamo, United States

B

blairan

Baltimore, United States

C

cyrilleberger

Gammalkil, Sweden

dajawein

Gladstone, Australia

indeh

London, United Kingdom

Elaine123

Philadelphia, United States

D

DamoA

Wollstonecraft, Australia

M

missjoyy

Munich, Germany

Gillis

Helsinki, Finland

S

suzerain

Kuala Lumpur, Malaysia

andreasol

Bielefeld, Germany

J

JandC

Watsonville, United States

K

KDeath

Dublin, Ireland

A

Aleks

Oslo, Norway

Z

Zippo

Berlin, Germany

G

glomardor

Leonardtown, United States

E

ebronken

Oslo, Norway

Cloudways

Malta, Malta

R

RosieLea

columbus, United States

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

D

danderson1953

Plainsboro, United States

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

Matthew

New York, NY, United States

Levanticus

Epsom, United Kingdom

G

GirlOfEarth

Earth, Finland

ATrain

Nashville, United States

L

loistf

Madrid, Spain

K

Katehar

Maple Valley, WA, United States

J

jwharding

Hamburg, Germany

P

pellm

Ashland, United States

FrederikMatthijs

ghent, Belgium

U

UmSaeed

Southfield, United States

A

amnesiac

Adelaide, Australia

Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

M

Mooper

Los Angeles, United States

RandyPetersen1

Colorado Springs, United States

B

Bluejay

Magrath, Canada

E

eboleaga

Mexico City, Mexico

rfriedenberg

New Jersey, United States

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

Nhende

Portland, United States

L

lilbsedz

Raleigh, United States

Tania

Antwerpen, Belgium

HMS_5th_Grade

Honolulu, United States

D

dannimw

Victoria BC, United Kingdom

Vla911

Milan, Italy

chadgibbs

Loveliest Village, United States

K

karit

Victoria, Canada

F

FredBetty

San Antonio, United States

davidt

San Francisco, United States

J

javifdezsainz

Madrid, Spain

A

Andrew22

Hopewell PA, United States

T

texasags

owasso, United States

D

d3witt

Cheyenne, United States

nmatpt

Lisboa, Portugal

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

M

MarkGallagher

Glasgow, United Kingdom

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

James

Paris, France

U

UTLonghorn

Lincoln, United States

J

jasonandvachi

Renton, United States

ashleeandjeanelle

Auckland, New Zealand

N

Navigator

Alavus, Finland

numbat

Perth, Australia

K

Krish

Dubai, United Arab Emirates

F

Fritzimax

Pacific City, United States

O

ommthree

Egg, Switzerland

DVM1417

Seaford, United States

J

Justicar007

Longueuil, Canada

A

AndrewC

London, United Kingdom

P

Paleomagick

Eldred, United States

Rena121

Sydney, Australia

L

lewisfamily

Bicester, United Kingdom

N

NickLuder

London, United Kingdom

L

LenoMetus

Perth, Australia

D

doublehelix

Philadelphia, United States

S

SnifferTheBunny

Brighton, United Kingdom

A

andprosper

World Peace, United States

G

Galbania

Toowoomba, Australia

M

magnaculpa

Silver Spring, United States

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

M

mallika

Laguna Niguel, United States

D

doroncoh

Tel Aviv, Israel

B

Budgie81

Norwalk, United States

HernanB

Berlin, Germany

R

rosebo

Bend, United States

T

Travelover

Northville, United States

G

Gdrvasc

Frederick, United States

S

samthewill

Winterthur, Switzerland

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

C

Clben7

Cincinnati, United States

Namulanda

nairobi, Kenya

M

mueba

Frankfurt, Germany

C

chlevak

Stockholm, Sweden

D

dj9812

United States

A

aulona

United States

Garry Tan

San Francisco, California, United States

M

Morgan1301

United States

L

liseman

United States

T

TheNJBoys

United States

E

elhh82

Petaling Jaya, Malaysia

Shemuel

New Jersey, United States

C

chrishol

United States

S

SenseOfAdventure

United Kingdom

D

DCLending

United States

T

tlbtlbtlb

United States

M

Mcohan21

United States

A

adiipienaar

South Africa

jonnyhj

Stockholm, Sweden

N

Nijntje

Netherlands

R

richardbrewster

United Kingdom

poorinvest

Sandefjord, Norway

M

mitchmk84

United States

Jacqueline Gueye

Melbourne, Australia

S

sarah4d2

Saint Louis, United States

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

H

HLCharityFund

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

I

IndianaMike

United States

M

Medagan

San Franciso, United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

S

satheajay

United States

adrianz

United States

K

kitkat

United States

K

Kebrenagast

New York, United States

M

mcgeefamilyny

United States

F

Foster

United Kingdom

reluck

Marseille, France, France

alecors

Mexico, Mexico

A

andreab

United States

JP

James Parker

Sacramento, United States

TW

Tony Walters

United Kingdom

RJ

Ryan J Cotton

United States

Eduardo

Sorocaba, Brazil

E

Erich

Zurich, Switzerland

Gerald Sporbert

Chemnitz, Germany

MD

Mikey DiLalo

United States

Fabian Linzberger

Vienna, Austria

JC

Jane Cohen

United States

MW

Matt Willis

United States

Matt B

Stratford Upon Avon, United Kingdom

Thomas

Basel, Switzerland

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

PT

Pattie Thomas

United States

DN

Don Nichols

United States

Elly

Woudrichem, United Kingdom

jtreyes

United States

BS

Bart Sturm

Amsterdam, Brazil

Francoise Kuenzi

Neuchâtel, Switzerland

MA

Mary Art Hunt

United States

B

Beth

United States

Jack Doolan

Newcastle, United Kingdom

J

jojo

Germany

V

Vantine

United States

M

Maggie

Australia

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

C

Campbell

New Zealand

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

John Barnett

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Derrick a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Derrick Munene    Dec 21, 2016

    my concrete business is picking up and that will be reflected to my payments as you will see from january

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  • Derrick Munene    Nov 17, 2016

    repaying the loan in a few days

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  • Derrick Munene    Aug 31, 2016

    my business failed completly.am adjusting to a new one and am finding new opportuinites in the market.its so frustrating

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  • Derrick Munene    Aug 1, 2016

    i have not forgotten on my weekly payments. i have issues with my business but am sorting them out.sorry for this lenders

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    • Matt B    Aug 1, 2016

      Derrick - thanks for the update. I hope your business gets back on track soon.

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  • Derrick Munene    Jul 8, 2016

    My business has had a few downs but I promise to increase the amount once I sought out some issues at hand.my apologies for the late submissions

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  • Matt B    Jul 7, 2016

    Hi Derrick. How is your business going?

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    • Derrick Munene    Jul 8, 2016

      Hi Matt.my business is not doing so well due to the heavy rains in the county as we speak. You know construction and rains.so I have decided to reduce my installment by half in order to cope with the current situation. I will however be back and running as soon as possible.thanks for your concern and I promise not to let you guys down.thanks again

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      • Matt B    Jul 8, 2016

        Hi. Sorry to hear that. Hopefully it'll get better again soon. Thanks for the update.

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  • Derrick Munene    Jun 13, 2016

    Dear Lenders

    I received my loan on time and i cannot thank you enough.with this loan,i am going to purchase the said pick up for my construction business.this will really reduce my costs in transportation.i will be my own boss now.i will repay my installments on time.THANK YOU

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  • Derrick Munene    Jun 10, 2016

    Dear lenders

    Thank you so much for your lona.am really greatful and with the loan,am going to top up and buy a used second hand pick up for my construction business.thank you very much and God bless.

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  • Derrick Munene    Jun 9, 2016

    Dear lenders

    1 day left for my loan to expire.its still not fully fundend but am hopeful that it will be by the end of the day.God bless

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  • Derrick Munene    May 24, 2016

    Dear lenders

    Just posted my last installment of my second loan.
    your help has really been amazing.
    Creating employment to people through your help has brought food to the table to hundred of people.
    Am willing to continue with this journey as long as i get help from you to reach to others
    In Kenya we say "asante sana" in Swahili meaning "thank you".

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  • Derrick Munene    May 22, 2016

    My business is picking up well.I would like to help others through my repayment.

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  • Derrick Munene    May 8, 2016

    dear lenders

    three weeks ago,my driver was involved in an accident from work that destroyed most of my machines but am in the process of restoring them.so that i can get back to work.please bare with me for i have not being paying my loans on time.this will not happen again.my profile speaks for itself

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    • Roy    May 8, 2016

      Derrick, It is regretful, but these things do happen...That is why we allow you to reschedule the repayments. I encourage you to do this as soon as possible.

      Good luck.

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      • Derrick Munene    May 11, 2016

        I actually got a job today and paid all my arrears.thank you Roy for your concern and advice

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        • Roy    May 11, 2016

          You're welcome... I am pleased for you..

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  • Derrick Munene    Apr 26, 2016

    I have a dream!

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  • Derrick Munene    Apr 26, 2016

    The real hustle continues.thankyou lenders

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  • Derrick Munene    Apr 7, 2016

    pushing on!!!!!!

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  • Derrick Munene    Apr 7, 2016

    the construction going down as planned.

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  • Derrick Munene    Mar 22, 2016

    my loan repayment will adjust to the upwards as soon as the mixer gets on the ground.

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  • Derrick Munene    Mar 22, 2016

    Finally after the negotiations i finally managed to get the concrete mixer.its a second hand but it will add my income to $33 per day during hiring.it will also create a job opportunity to someone as well.thanks to the lenders

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  • Derrick Munene    Mar 7, 2016

    am getting a new concrete mixer that will add my asset to two..will upload pictures later

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  • Laura    Feb 28, 2016

    congratulations derrick! thanks for sending these updates. it's exciting to watch you grow your business! these photos are cool.

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    • Derrick Munene    Mar 6, 2016

      Thanks Laura..it's amazing to see that the money you lend is not just for me..I create direct employment to 30 people every day..it's such a nice feeling as a young man..I want to grow with others..thanks again.

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