Home improvement

Samson Muriithi Muthike

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Samson Muriithi Muthike

Member since

April 2015

On-time repayments

225 installments  •  78%

About Me

Hello Zidisha Family, my name is Samson. I am married and a father of two wonderful boys. I was born and raised in the Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has a lot of potential. I worked for two years after which I quit due to my passion to have my own business. In 2008 January, I started a small business of a video shop. My business has grown and now I have introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits go to school fees, family upkeep and expanding my business. My family is my joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my free time.

My Business

My business deals with electronics, that is, TVs, music systems, bulbs and electrical appliances. This is a fast growing urban centre, so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular, that is, three to four times in a month. Mostly the profits go to inventory, family upkeep and school fees. My future plan is to have a wholesale store and create employment.

Loan Proposal

Dear lenders, once again I want to express my gratitude for helping me in my previous loans. This has helped me to better my life and that of my family not to forget my business. I humbly request for your support to buy more building materials for building a home for my family, the last loan helped me buy half of the materials needed for the project. I was able to purchase three trucks of building stones @ $130 per truck. The loan you will fund me, I will purchase a metal gate @$200, 18tonnes building sand @$140 and15 tonnes gravel @ $140, the remaider wil go to labor charges. I appreciate any support you will give me.God bless you.

Show original English  

About Me

Hello Zidisha Family, my name is Samson, I am married and a father of two wonderful boys. I was born and raised in Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has alot of potential.I worked for two years after which i quit due passion to have my own business. In 2008 jan, I pstarted a small business of a video shop. My business has grown and now Ihave introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits goes to school fees , family upkeep and expanding business.My family is my Joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my fre time.

My Business

My business deals with Electronics, that is Tvs, Music systems, bulbs and electrical appliances. This is a fast growing urban centre so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular that is three to four times in a month. Mostly the profits goes to inventory, family upkeep and school fees. My future plans is to have a wholesale store and create employment.

Loan Proposal

Dear lenders, once again I want to express my gratitude for helping me in my previous loans. This has helped me to better my life and that of my family not to forget my business. I humbly request for your support to buy more building materials for building a home for my family, the last loan helped me buy half of the materials needed for the project. I was able to purchase three trucks of building stones @ $130 per truck. The loan you will fund me, I will purchase a metal gate @$200, 18tonnes building sand @$140 and15 tonnes gravel @ $140, the remaider wil go to labor charges. I appreciate any support you will give me.God bless you.

Feedback

1

None

1

  • Day Family    Apr 25, 2019

    No loan or contact made after 6 months for a very large $2,500 loan.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$546.00

Date disbursed

Feb 11, 2016

Repayment status

On Time

Projected term

7 months

Lenders

BelleStarr

Albuquerque, United States

quozl

Dublin, Ireland

B

blahblah

Nuernberg, Germany

fairspirit

Utrecht, Netherlands

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

ME

Manaal Eisa

Washington DC, United States

BB

Ben Bellows

United States

Hana

United Arab Emirates

AK

Achim Königs

Bonn, Germany

Craig Newmark

United States

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