Cheruiyot

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Cheruiyot

Member since

August 2013

On-time repayments

173 installments  •  12%

About Me

I am Cheruiyot Anthony, 26 years of age, a humble, hardworking and determined person. I live in Nakuru County of Riftvalley Province, Kenya. The place is one of the major growers of cerials and livestock production. I am the third bone of a humble family of six, five sons and one daughter. I was raised in the country side where I started my schooling from kindergarten up to form four in the year 2007. My parents are peasant farmers and though I passed well in my final Primary Exams (KCPE) I did not get enough funds to go to a High School. I therefore attended a local day secondary school where I managed to get a B- (Minus) in the Final exam (KCSE). I then did a certificate in Computer Applications in a local college. I then started searching for a job but did not succeed. I then decided to venture into Computers Services as a business. I started my business in the year 2009 through the help of my parents. I render all computer services ranging from typesetting and printing, photocopying, scanning, lamination, internet services, photo processing and printing. I registered my business with the local County council hence my business is valid and recognized. I use the earnings from this business to boost my parents financial status in educating the rest of my siblings and to expand my business.

My Business

I operate a computer services and phone accessories shop. I started the business in the year 2009 after I had been looking for a job in Computer Application without success. I eventually identified an opportunity in offering computer services in the outskirts of Nakuru Town near a college and some primary schools and a University Campus. There was a need for services such as typesetting and printing, photocopying, scanning, lamination, photo processing as well as phone accessories in the area. This was, to a great extend, influenced by the number of Institutions mentioned above. Though there were some other business people offering the same products and services, their deliverance for the same was not satisfactory and could not accommodate the customers’ needs. Since I started this business, I have gained a good reputation from the efficiency and quality of services that I deliver to the customers. The business is registered with the local municipal Council of Nakuru hence my business operations is valid.
The first loan that i got from Zidisha went a long way in setting up the business and since then, my business has been doing very good. I have managed to employ two staff and they have really helped in all my business operations. apart from the services and products mentioned above, I have also ventured in outdoor photography where we are invited to ceremonies like weddings, parties, graduations etc. we then process the photos and this gives us a good income. The only challenge we are facing at the moment is getting a quality camera, at least one or two, since the one we are using has developed some technical problems. I therefore look forward to kindly applying for another loan to help me in getting the same and improving my business. Thank you very much.

Loan Proposal

Hi Zidisha! Am greatful that you have accepted my request for the loan application. Thanks again for accepting me to join the Zidisha community. The loan will be used solely for the purpose it was intended for.The loan will actually be used to boost the Computerservices business through buying of more stock such as photo papers, printer ink, photocopying papers, lamination papers etc and other facilities.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 5, 2013

Repayment status

On Time

Projected term

26 months

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  • Cheruiyot    Sep 27, 2015

    DearTeam,
    I sincerely apologize for the delays I have had in my repayment.this has been affected by challenges at my workstation which forced me to relocate to a new area. Am trying to adjust to the new environment and I hope that all shall be well from now henceforth.
    Thank you for your continued support.

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  • Cheruiyot    Mar 21, 2015

    Hi Zidisha,
    Due to financial challenges i would like to adjust my repayments to Kshs 1000 per month. Hope my request will be considered

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  • PetrusR    Dec 20, 2014

    Hi,

    Can you please give us an update why you are not paying?
    Last payment was 3 months ago.

    Thank you.

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  • Wiredfox    Aug 6, 2014

    Hi
    How are things going with your business? You seemed to be doing well but in the last month you have suddenly stopped making payments. Is there a reason for this?

    Please let your lenders know,
    Best wishes

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  • Peterson    Jul 29, 2014

    wonderful biz concept. keep up brother

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  • Wiredfox    Jun 6, 2014

    Hi there

    Thank you for the repayment and congratulations for completing your loan. It would be good to hear from you about how your business has grown and what the impact of the loan has been. Also it would be useful to know why you decided to repay early.

    Best wishes

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    • Cheruiyot    Jun 6, 2014

      Hi Wiredfox?
      Am so much grateful for your message. I managed to complete my loan in advance due to success in my business. since the first loan given to me by zidisha, the business has since flourished and have even managed to buy a new EPSON printer. I have also employed one more staff to help me in photo production. THANKS VERY MUCH.
      My kind request hereby is to humbly apply for another loan which will go along way in helping me set up a small studio, this having been the opportunity I have been longing for. From a small business research analysis that I made, it was clear that the same would thrive well and add more income to my business. I am confident that Zidisha Family and team would help me sore to greater heights in all my endevours until I also join our dear lenders in helping another entrepreneur in building his/her future. Thanks very much and God Bless You.

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      • Wiredfox    Jun 6, 2014

        Thank you for the update. Well done. Will be happy to continue supporting you. Pleased that you have undertaken some research to help your business decisions

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  • Wiredfox    Dec 6, 2013

    Hi there,
    Thanks for the repayment. Hope things are going well for you now.

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  • Cheruiyot    Oct 5, 2013

    Hi Zidisha! I request to reschedule my repayment for another 30 days due to a problem that i unfortunately got. I had to relocate my business after we disagreed with the landlord due to rent payments. he wanted to increase the rent by 30% which was not reflected in our agreement. the relocation cost me alot of funds hence requesting for a short period to stabilise the business. i agree and will adhere with the terms and conditions stated herein pertaining to rescheduling. thanks for accepting my humble request.

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    • Wiredfox    Oct 5, 2013

      Hi Cheruiyot,

      Thanks for letting us know of this issue. Apart from the problem of disruption and having to secure new premises, is the business otherwise progressing well? Have you managed to increase sales in the last month, even if your costs have increased?
      All best wishes

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  • Cheruiyot    Sep 11, 2013

    Hi Zidisha? am so much grateful for the loan that was granted to me. Thank you very much for seeing and getting concerned for my business .I was very happy because I had started experiencing financial challenges in my business. At times customers may demand a service but due to insufficient machinery and equipment I ended up loosing them. But I always try to satisfy them as much as I can. My concern is to provide quality goods and services and to maintain a good customer relationship with everybody who comes for my assistance/service. Many small businesses have often failed or do not grow due to inability to maintain a strong customer bonding. Being polite and humble to the customers and giving them exactly what they want will make them come back again for more. I therefore always strive to apply the same in my business, though it may be that small, with the hope that one day I shall buy my own plot and establish a printing firm. It has always been my dream to establish a firm in which I will be my own boss, and even provide job opportunities to many of our jobless youths.By doing that I will have helped in building the economy of my country.
    As soon as I received the funds, I immediately utilized the same, through buying of materials and other equipment for my computer services business. I bought a bulk of photocopying papers, photo papers, lamination papers, envelops, school stationeries and new cartridges for one of my printers. I am also looking forward to buying another printing machine because I am expecting more customers who are coming for my services. I am looking forward to seeing a bigger change in the output of my business. I promise to repay the whole amount due in time so as to apply for another one. Thank you very much

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  • Cheruiyot    Sep 8, 2013

    Hi Zidisha? am so much grateful for the loan that was granted to me. I immediately utilized the same, through buying of materials and other equipment for my computer services business. I am looking forward to seeing a bigger change in the output of my business. Thank you very much.

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