A loan to purchase a refrigerator and some plastic seats

Joseph Odhiambo

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Joseph Odhiambo

Member since

September 2014

On-time repayments

20 installments  •  60%

About Me

my names are Joseph Odhiambo, first borne in a family of three, a holder of higher Diploma in Business Management, a course I covered through a lot of challenges and difficulties due too fees issues. I have a wife . I love watching movies, listening to music, reading novels and traveling. The difficulties I went through saw me start this business from scratch so as to support my daily basic needs.

My Business

I have an art studio, for drawing and painting, movie burning and music download entertainment shop.my great desire is to expand the room and purchase a fridge where I can stock sodas and snacks, I need a loan to purchase a refrigerator and some plastic seats. Currently in my business, I make sales of at-least kshs 850.00 in a day. My business rent is kshs 3000.00 per month. I need a loan of at-least kshs 4000.00 so as to top on what I have to enable me purchase the fridge and six plastic seats. Any assistance from any lender will be highly appreciated.

Loan Proposal

Once I get the loan, I will be able to add on top of it with what I have, In order to purchase six plastic seats and a medium size refrigerator for stocking of sodas. I have currently an art and entertainment shop running and I would wish to also have a resting place where clients can wait as they take(buy) their sodas and snacks. Any assistance will be appreciated.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Dec 16, 2014

Repayment status

On Time

Projected term

2 months

Lenders

C

CorVeninga

Nieuwegein, Netherlands

M

Malibu

Westwood, United States

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  • Joseph Odhiambo    May 1, 2015

    I have been sick for some time and am sorry for not informing zidisha and lenders in time. I would wish to start repaying my loan at 1000 ksh. My business is run by myself and that why i was not to pay the loan.

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  • Joseph Odhiambo    Mar 2, 2015

    Lots of thanks to zidisha and the lenders who have changed my way of thinking, my last loan has enabled me to serve more customers than i use to. The printer i bought from the loan i got from the lenders, has made me earn more than i used to, i now get ksh 300 to 350 daily. since i started this zidisha program, my family is not staving any more. It is my prayer to grow the business to a position where i can employe two youths from my neighborhood.

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  • Joseph Odhiambo    Feb 20, 2015

    zidisha is one of great things that has happened in my life, i used to have difficulties in getting money to improve my business, the printer i bought with the help of zidisha loan has enable me to earn a little more than i used to. my books say that i get ksh350 has profit daily. i use part of this money for my upkeep and save the rest to buy computer, to catch up with the overwhelming demand of my services. the lake Victoria is very interesting, it is a fresh water lake, it boarders three countries that is; Kenya, Uganda, Tanzania. this has made Kisumu an entertainment city , it is growing fast and i should tap to its growing energy. thank you.

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  • Joseph Odhiambo    Jan 26, 2015

    Thanks Zidisha for this money, i was able to add stock to my business and serve more customers. I have just stared to record some improvement in my business, if Zidisha can add me more money,I will improve the business even more. Thank you.

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