Samwel

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Samwel

Member since

August 2013

On-time repayments

371 installments  •  64%

About Me

My name is Samuel Kiarie a resident in Nakuru. I am an owner of a small Video and Music store and internet cafe located just outside the university where am currently in.I started this business for my up-keep while at the university and partly to pay my daily expenses and needs.I take this business as my main job to cater for my daily expenses.

My Business

Am engaged in a personal business where I own a video and music store and internet cafe .My main customers are students who prefer me because of my close proximity to them and also because am always updated with the new videos and music.the main challenge that am experiencing is lack of fund to expand the business to the next level.

Loan Proposal

Hi lenders and zidisha community thank you for entrusting me with the first loan of 8370 Kenya shillings which helped me boost my business and am happy to say that I was able to repay the loan back within three months. I am now applying for a second time loan of 25,110 Kenya shillings for which I want to invest more into my business. Am planning to buy a desktop computer for my movie and music store which will help me a lot by increasing my data base of movies and music which I store in the computer hard disk also it will help in making my work more efficient in service delivery to my customers. I want to add one more computer so that to increase the music and movie collection data base to offer more variety and genres of music and movies to my growing customers.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$29.00

Date disbursed

Jan 31, 2014

Repayment status

On Time

Projected term

56 months

Lenders

Dianne

Maryville, United States

Sarasota

Sarasota, Fl, United States

sderickson

Berkeley, CA, United States

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  • Janice    Mar 19, 2021

    He has no income for bow although he will be adjusting his loan plan again.

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  • Samwel    Mar 3, 2021

    Unable to meet the payment targets

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  • Samwel    Feb 4, 2021

    Closed down the business

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  • Duncan    Jan 7, 2021

    He requested for a temporary relief to have him back on track and on time.

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  • Samwel    Dec 29, 2020

    Low income

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  • Eunice Atieno    Dec 3, 2020

    Kiarie is experiencing some hardships in his business that he rendered a closure for a while due to this,he will adjust his loan.

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  • Samwel    Nov 17, 2020

    Temporary closure of business

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  • Samwel    Oct 19, 2020

    Slow business

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  • Eunice Atieno    Oct 17, 2020

    Mr.Kiarie has financial challenge thus making him to be behind and soon he will continue to pay.

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  • Eunice Atieno    Sep 17, 2020

    He is still committed to continue paying his loan as he has been doing on weekly basis.

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  • Samwel    Sep 1, 2020

    Low business season

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  • Eunice Atieno    Aug 6, 2020

    He has adjusted his loan as the pandemic has affected his business further.

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  • Samwel    Jul 16, 2020

    Unable to pay full amount

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  • Janice    Jul 4, 2020

    I have talked to Samuel and he has some challenges to pay normal amount as now due to the harsh environment of doing business normally. Promised to settle soon.

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  • Samwel    Jun 4, 2020

    unable to make the full amount required

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  • Janice    Jun 3, 2020

    He requested for some more time to continue with his payments. Thanks

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  • Janet    May 2, 2020

    Samwel said business has been down but he's doing his best to find a way to make payments

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  • Samwel    Apr 1, 2020

    Unable to make the installments due to slow business

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  • Eunice Atieno    Mar 25, 2020

    Mr. Kiarie has complained regarding his low revenue and this has made him to be behind with his loan,something he did not expected to happen and he will soon pay off his dues.Thank you

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  • Robinson    Jan 22, 2020

    I talked to David Kiarie and he agreed to reach out to the borrower regarding the pending loan payment. The borrower not picking up calls

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    • (Comment deleted by author)



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