Operating a timber yard

Jacob

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Jacob

Member since

April 2012

On-time repayments

72 installments  •  49%

About Me

I am married with three kids, two of them are in school. I live in Kiptangwanyi shopping centre which is about 43km from Nakuru town. I live in plot number 53. I operate a timberyard at the shopping center.

My Business

I operate a timberyard at the shopping center. There is high demand for the products that I sell because most of them are used i building and construction as well as in furnitures. The main challenges that this business encounter are lack of capital to expand the business and poor means of transport.

Loan Proposal

I am grateful for this far that I have come. Zidisha has really played an important role in my life and in my business. I would wish to use this loan that I will be granted by the organization to build a larger shade for my timber yard. This will enable me to to store more timber and ensure continous supply of timber to my customers.

Feedback

24

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,007.00

Date disbursed

Jul 19, 2013

Repayment status

On Time

Projected term

12 months

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

M

marvin24

Giessen, Germany

Feldborg

Stuttgart, Germany

nicole

Worcester, Ma, United States

boxer

Boynton Beach, United States

B

bizarresmom

Willowick, United States

korben

VILLENAVE D'ORNON, France

helogr53

Abbotsford, Canada

Tavin

Ottawa, Canada

J

jjonas

berlin, Germany

H

hanh352

Homosassa, United States

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

ElWal

Kirn, Germany

JessieD

Alexandria, Va, United States

A

AustA

Sydney, Australia

D

davide

Vallentuna, Sweden

Namaste250

Pittsford, United States

X

xaphoon

angouleme, France

Ingela

Falun, Sweden

postnihilist

Honolulu, United States

S

sersche

Zurich, Switzerland

Bobrm2k3

Charleston, United States

P

Person70

Siberia, Russia

N

Neveda

Flagstaff, United States

D

Don100

Wilton, United States

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  • Hellen    Sep 29, 2014

    Jacob said that hes working on repaying the loan,he said he had some financial issues.

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  • gardeningartist23    Mar 27, 2014

    Wishing you success with your business!

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  • roberta.zenere    Nov 4, 2013

    Dear Lenders,

    my name is Roberta Zenere and I am a Kenya Country Liaison Intern at Zidisha. Within this role, I am coordinating the Zidisha's MPESA team, responsible for processing loan repayments and disbursements.

    Today, while reviewing our accounts, I noticed that the repayment of 85.41 USD (7,200 KES) posted on October, 13 in the repayment schedule of Mr Mutunga was entered by mistake. This means that, upon removal of the transaction, the amount that had been credited to your lender account will be reversed and will reduce your available balances accordingly.

    We are sorry for this inconvenience. Please, let us know if you have any questions.

    Thanks for your patience!

    Best regards,

    Roberta

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  • Jacob    Jul 9, 2013

    Hi all lenders,
    I take this opportunity to first thank you for counting me worthy to be funded by Zidisha organization. I am ddoing well with my second loan and i have been able to do alot with the loan in improving my business. I wish to repay the remaining amount well in advance as my business is doing quite well. Thank you.

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