John Maina

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

John Maina

Member since

October 2011

On-time repayments

21 installments  •  48%

About Me

I am married with four children who are all schooling. I live in Kiptangwanyi centre plot number 21 house number 2. I am a tenant in this plot. Kiptangwanyi centre is about 41km from Nakuru town. Matatus usually charge 200shs from Nakuru to Kiptangwanyi centre. The most recognized nearby centre is elementaita which is a colonial town and is about 11km from Kiptangwanyi. Once in Elementaita it is not difficult to reach Kiptangwanyi. I am not formally employed. this means that I have to work extra hard in this country of ours because life is very difficult here and one has to feed the children and meet all their basic needs. I therefore started a business of boda boda which i really on wholly to make ends meet for my family.

My Business

In the year 2005 I used my savings that i had been saving fro five years and I bought a motorcycle at 90000kswhich I used to transport people with in this area. being a remote area the business did not pick up well but later in the year 2007 things started picking on well. I used my savings from the motorcycle and managed to buy another motorcycle in the year 2010. the motorcycle cost me 95000ksh. I could not raise all the money and therefore i was assisted by my lending group which lend me 30000ksh. With the two motorcycles i managed to buy a mobile carwash. I use diesel to run the motor of the car wash. This has been a good move for me as I am now able to pay for my children's school fees. the main challenges that business faces are bad weather conditions especially rainfall which brings business to a stand still. other risks are fluctuating crude oil prices which affect the transport industry. currently i am using my earnings to expand my business and reach more customers as my services have been admired much by most of my customers.

Loan Proposal

I will use my loan to open a small shop that will be selling motorbike spareparts. This is because this area being remote, roads are very poor and therefore motorbikes breakdown each an every time and this means that their owners have to take them for repair. Since from kiptangwanyi to Nakuru is quite a distance and it is the only place where one can buy sparepart, it is therefore an opportunity for me to supply them with this spareparts.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.86

Date disbursed

Oct 22, 2011

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $151.86 at 3.02% annual rate over 5 months = $1.91

Service fee: $2.61

Lenders

johnfay

Lusaka, Zambia, South Africa

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

X

xander

Plainfield, Vermont, United States

M

mikedufty

Perth, Australia

W

wmonroe

Paris, France

Brian

Midhurst, Canada

valentin

Stockholm, Sweden

J

jeanbaptiste

*, Afghanistan

carlos vendrell

Barcelona, Spain, Philippines

B

Bena

Winnipeg, Canada

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • bluntpixel    Jun 5, 2014

    What Happened Maina? - was very impressed with your first loan repayments and updates.

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  • Jameson    Nov 20, 2012

    I am very impressed with your reputation. It makes people more interested in lending to you. It is my pleasure to loan to you. Gob bless and good luck with business.

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  • John Maina    Nov 9, 2012

    dear lender ,blunt pixel,and also bena thank you for committing your self to fund this next loan and i hope this loan will be funded so that i can expand my business and prosper to a higher level. thank and GOD bless you[ maina]

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  • bluntpixel    Nov 7, 2012

    If ever you need another loan John, I'll will certainly be among the first to help fund you. Thanks you for fast repayments and good luck with your business!

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  • Bena    Oct 7, 2012

    You have really impressed me with your speedy repayments. I will be happy to loan to you again when you next decide it is time for a new motorcycle or to expand.

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  • wmonroe    Apr 18, 2012

    John: Thanks for your timely repayments, and good luck going forward. Bill M

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  • Lawrence J    Apr 6, 2012

    John,
    As you may see from my photo, we have a common interest in motorcycles. Though I use mine mostly for transportation and not as a business. I wish you all the best in your business and am glad for the opportunity to assist you in making a better life for your family.

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  • Lawrence J    Apr 6, 2012

    John,
    As you may see from my photo, we have a common interest in motorcycles. Though I use mine mostly for transportation and not as a business. I wish you all the best in your business and am glad for the opportunity to assist you in making a better life for your family.

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  • John Maina    Mar 19, 2012

    Hi Lenders,
    I take this opportunity to thank Zidisha team and all the lenders. My business is doing fine. I sold the old motorcycle because it was developing mechanical problems every now and then. I used my first Zidisha loan together with some savings to buy another motorcycle. This motcorcycle has been operational since November last year and has been functioning very well. I am now able to meet my family's needs without difficulty. I am almost through in repaying my loan and would like to get another one from Zidisha. Thank you all and may God bless Zidisha.

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  • Bena    Mar 15, 2012

    Thank-you for your timely repayments. I hope your businesses are doing well and growing as you have planned.

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    • John Maina    Mar 19, 2012

      thank you Bena,
      my business is doing fine and my family too is doing well. Thanks a lot for your assistance. May God bless you always.

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  • John Maina    Oct 18, 2011

    Hi Carlos Vendrell, thank you for your generous bidding

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