I will buy more bulky dry cereals for my customers

Peter

Bahati, Kenya

12% repaid

Entrepreneur

Name

Peter

Member since

July 2013

On-time repayments

344 installments  •  8%

About Me

My names are Peter King'ori Mwangi.I come from a humble and God fearing family.Iam married to a beautiful Kikuyu lady by the name Elizabeth Wangui,and we are blessed with three children(two girls and one boy).The older girl schools at St.Marys Primary School in class Seven(7).The second born also at the same school at class four(4).The last born goes to school at Bahati Academy, here in Bahati Town.
I am a born again Christian.I worship at WildWide Gospel Church here in Bahati Town,Nakuru County,Kenya.

My Business

My business is located at Bahati Shopping Centre.It is by the name Mavuno Cereals and Shop.It is located about 100 meters away from the District Headquarters offices.
In my cereal store i give services of selling dry farm produce like,rice,wheat,Maize,all types of Beans,Njahis,Kamande,and other farm products.Also i sell juices,sugar,cooking oil(solid and liquid ),breads and cakes among other items.
I had previously been given a loan from Faulu Bank Nakuru Branch worthy Kes:60,000 and repaid it within 10 months ahead of time frame of 12 months period.For now i don't hold any debt from any financial institutions and that is why i am requesting a loan from the Zidisha Micro-finance to boost my business.I promise to abide the Zidisha rules and regulations and to be trustworthy and timely through your funds and the repayments time period .Thank you in advance.

Loan Proposal

Thank you so much for your continous support.Through the first loan,i was able to buy only one sack of Wairimu beans for my customers.Now from this second loan, i will be able to buy more bulky dry grains and especially all types of beans as we are approaching the planting season.I also commit myself in my on time repayment for the future good of my business.Thank you and welcome for the funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 27, 2014

Repayment status

Late

Projected term

79 months

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  • Peter    Oct 1, 2015

    Good afternoon all zidisha staff and the lending ppanel.It's been a while now since I communicated to you.Now I am kindly requesting to minimize to date my payments down-wards until my buisness stands again.Kind regards.

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  • Peter    Aug 22, 2015

    Hi all.I would like to request an adjustment in my loan page.I am at the moment being able to be paying 100 Kshs. until i stabilize my business.Thank you all.

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  • Peter    Jul 9, 2015

    I would like to kindly adjust my weekly payments downwards to 10.The business is currently slow and I would wish to pay less for the nxt three weeks.Thank you

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  • Peter    May 30, 2015

    To the Zidisha management and the entire lending panel,i salute you all.I am good back here though my business has been slow in sales,making me to less depend it for day to day business.For couple of weeks now since i delivered the beans to the learning institution in my neighborhood,I have not yet received the payments for the goods i delivered.The agreement was to be paid after the delivery,which has not happened yet.I am planning to pay my loan comfortably the coming week after my weeks sales.Kindly understand my situation and i do apologize for the delay.Thank you

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  • Peter    Mar 28, 2015

    I would kindly request to the entire zidisha platform to reduce the amount to 100.The reason being that i can raise the much i am in arrears due to un-paid supply i had delivered to the school institution last month.I will be remitting my installments in my coming due date.I would apologize for being late,though i will catch up in due time.Thank you for understanding my situation.

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  • Peter    Jan 14, 2015

    hallo all my worthy zidisha team and my dear lenders team.I take this opportunity to communicate to you since i havent updated you since last December.i am kindly requesting for a weekly payments of Kshs.100,until the business stabalizes to normal.I will be updating all of you concerning my cereals business oftenly.Thank you and have a blessed day.

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  • Peter    Dec 10, 2014

    Dear Zidisha team.This is a kind request to you to offer me a chance to pay from next week.i have already stocked enough dry foods/goods ready for the very awaiting peak weeks ahead as we are ushering the Christmas seasons.Kindly i will improve the amount after some times as customers responds positively.Thanks alot.

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  • Peter    Nov 12, 2014

    Thank you all the zidisha team for your continous support in my business.I have been doing good for the last couple of weeks in my cereals and customers have started to order some of the produce i have at the the moment.This gives me mo hope to target more and also to start paying my loan at ease.This has made me to reduce a little bit of my loan payments and i will ensure that i am on time.Thank you all for your good communications,
    Regards,
    Peter Mwangi

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  • Peter    Oct 2, 2014

    hi to you all my worthy lenders and the entire zidisha management.I am privileged to communicate to you once again today on the Thursday,2014.My cereals stock for now is moving slowly which has made me to be changing dates of paying.I am also telling you lenders to be praying for my family and for the business.The big factor that also has affected my weekly payments for this month is that i was paying my store as well as my rental house,causing me to be abit financially low.I am planning to start paying large amount as soon as my business regains back to normal soon.Thank you all the team and have a good day.

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  • Peter    Aug 28, 2014

    Hi my good lenders.I am pleased to tell you that i have been doing average for the last couple of weeks regardless of the poor weekly sales.I have been having a sales which covered only the rent and the electricity bills only,rendering me having no other option than rescheduling my loan.I am therefore requesting an adjournment in this week loan payments,and requesting for next week pay.Kindly accept my reschedule and sorry for the inconveniences caused by me.Hoping for a good sales through the weekend.Thank you.Peter.

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  • Peter    Aug 2, 2014

    Hi my worthy lenders,I'm fine and i am continuing fine with my business as usual,although it is on the slow month.Kindly accept my greeting from my immediate family.Thank you.

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  • Peter    Aug 2, 2014

    To my worthy lending panel and the entire Zidisha Management team,I have not paid off this week's installments.That is why i am rescheduling my loan payments date.I will be paying on the 05 August,2014,since i will have been paid my money from the last supply from my customers.It is my wish therefore that you are doing marvelous wherever you are and we that God for that.Thanbks so much and have a Successful weekend.

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  • Peter    Jul 8, 2014

    I am kindly requesting my Zidisha team management to change the date of repaying my loan.The business has been slow through out last week and i cant just silent myself.That is why i am requesting you to change the paying amount to K.sh.110. for a while.I will soon once the business picks up change my figures to a bigger amount.Kindly understand the situation for now.

    Yours faithfully,
    Peter King'ori,Kenya.

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  • Peter    Jun 15, 2014

    Thanks alot the zidisha team for giving me another chance.Today,i have changed my payments as a result of my Cereal's business has been slow for a couple of weeks now.This has made me not to achieve my goals in time and i have decided to change the payments to lower payments until i get back to my normal daily higher sales,as it has been previously.i hope that the business will regain back to it's normal busy schedules once i have been paid my last develivery lot in the neighbouring school.Thank you for now and have a Wonderful Sunday.

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  • Peter    Jun 4, 2014

    Thank you the zidisha Micro-finance for giving me chance to reschedule my loan.Since early last month after i had delivered my supplies to the local secondary school,they have not paid me neither although there had been a promise from them on paying me from date 10,June,2014.
    I am kindly apologizing to the entire team for the loan repayment delay.I promise to pay as per what i have changed today,until i gain to my normal repayments installments as i had pledged earlier.Thank you for your un-ending support and God bless you.

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  • Peter    Jun 2, 2014

    Hi lenders,I have paid part of the loan and it is my wish that i will catch up my payments once i'm paid my supplies i delivered to the school.It is my Humble apology for not communicating to you early.Thanks alot for your continuous support.

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  • Ondieki    Jun 2, 2014

    hi peter your number is not going through. please make an effort to pay. let us know what is the problem

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    • Peter    Jun 15, 2014

      Hi Ondieki Shem,
      for now my phone broke down as a result of it falling into water while i was washing my face.I have taken it to fundi and i know it will soon be operating.I have already paid some amount of money but when trying to reschedule my loan page,it was not possible until today.Thank you for your concern and God bless you.

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  • Peter    May 30, 2014

    Hi to you all the lenders.first is to apologize for not communicating to you.I had been behind with my loan repayments for a couple of weeks now.I am doing something to make this delays a history to me.I am pledging to you that i have not been paid the delivery i gave to the School institution of 6 bags of Wairimu variety beans and 3 bags of dry maize.They have explained to me that they are expecting the money to be into their bank account from date 05 next month.That is why i am pleading to you just to wait for another week and i will pay off my arrears.

    Regards, Peter.

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  • Peter    Apr 22, 2014

    hi lenders and the zidisha team,it's another time that i am able to talk to you again.It has a challenging moment once agin,which has made me to propose a new payment amount.this iwascaiused by the customers who i supplied 4 sacks of (wairimu type)beans before the institution broke for the April holiday.i am therefore forced to start paying this small amount until the business resumes to normal.i am sincerely sending my regrets in advance and i will be very much greatful for your generous support.thank you

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  • bconrad    Apr 8, 2014

    Dear Lenders,

    Upon reconciling our accounts for February, we found that a payment was entered twice in Mr. King'ori's repayment schedule. Upon removal of this payment, of KES 1,610 on February 27th, the credit available in your lending accounts will decrease accordingly.

    I apologize for the inconvenience!
    Bayle, Zidisha Team

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