George

Chumani Village, Kenya

100% repaid

Entrepreneur

Name

George

Member since

May 2013

On-time repayments

158 installments  •  20%

About Me

i was born in afamily of six being the second born.i completed my primary school in 2004 and joined chumani secondary in 2005 and completed the secondary level in 2008. i then joined pwani university the year 2010 where i take diploma in primary education. currently am a teacher at kilifi primary where i serve as a part time teacher. i started my business in 2011 so as to facilitate my basic needs at campus level. the eanings of the bussines are used to improve the business and also in sustaining my basic needs at campus

My Business

MY business is located at chumani stage which is a small tow in between kilifi and malin towns in the kilifi county of kenya. ther goods that ib deal with are maily the food products and litle of medicinal products usually for first aid purposes.the goods are at high demand due to the large population of the town.the boy i employed at the shop is popular in the village and he serve the customers in a polite way thus most people prefer my shop as opposed to the others.the profitability of the business is due to the high sales level while the major risk is expirery of the products.the monthly income is kes 30000 while the expenses accrue to kes10000 hence the profit is about kes 20000

Loan Proposal

i will use to 60% of the loan to buy 4 bundles of maize flour as the demand is high due to food shortage experienced in the region. 20% in buying 50kgs of rice, 10% in buying of dry fish which is the cheapest and most preferred relish. 10% in extending the structure for accommodation of the added goods. i promise to use the given amount wisely as stated above to ensure smooth repayment of the same.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 8, 2013

Repayment status

On Time

Projected term

14 months

Lenders

investor

Candiac, Canada

Silver

Steiermark, Austria

russell

leicester, United Kingdom

Stantons

Medford, United States

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  • George    Mar 9, 2015

    Im happy with what the loan you lend me is doing currently.I have been having problems but now i have settled the matter hence able to pay the each instalment on time without delay.Im now able to employ an assistant on my kiosk due to the situation.

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  • George    Feb 11, 2015

    This is due to inability to pay ksh275 per week.There i will be paying 500 on every 8th day of the month.I used much of my capital in increasing the structures becouse rain season is near and my goods were not well sheltered.

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  • George    Dec 16, 2014

    I have purchased everything i planed to purchase bt im held up with other issues wich needs alot of fund.I have my brothers children who were left with me after he went insane. So i had to settle there sshool fees as they were at home.Second im preparing for there christmas so that they can enjoy as others.This is what has made me not to make even a single repayment.I have looked for the reschedule lone feature on this website bt cant find it.I will start repaying my loan on 31st Jan 2015. Please if possible you inform the admistration on my behalf.Otherwise you have made a big improvement n my business which enables me to assist my familly.I wish all of you my lenders a merry christmas and i wellcome you to our home country Kenya.Thankyou.

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  • George    Oct 12, 2014

    Im happy with who im today just becouse of zidisha,I was one of those who people in our community could laug h since with one parent who could not afford even what thbe family could eat not only school fees. But in zidisha and my lenders in specific, i can count my self as blesssed since the same people are buying goods to me.Thankyou Zidisha and my lenders

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  • George    Sep 29, 2014

    i expected to be able to repay as had requested before but fore sure things did not go as i had planed so i could not keep my words. for now i request to reschedule again to a much that i can repay without any complications. for now i hope things will change and be able to pay as i have requested above, this time round i wont let zidisha team down. thanks alot

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  • George    Sep 6, 2014

    i have been struggling in the past to repay but for now my things are as planned and hope to cooperate properly in-therms of payments as i have requested above so as to ensure my credit limit increases and also ensure that i don't inconvenience other people and zidisha as a whole in its plans so as every one benefits as planed. so please consider my requested i will cooperate.thanks in advance

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  • George    Aug 28, 2014

    600 kes is the amount i think and believe that i can pay without any problem or inconvenience. i have been a bit slow in maintaining my payments this is because of one or two family issues but for now i have settled my issues and beli9eve that i will pay the remaining amount without any problem. so please i beg that you help me in accepting my reschedule request and allow me to pay as i can. thanks inadvance

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  • George    Jul 26, 2014

    although i have been paying,i have been struggling to meet the minimum amount i proposed to pay. i threfore, request to reduce the amount in which ihave to pay so as not to strain myself that much.i will therefore be able to pay and also do other things which requires my attention interms of finance.please accept my request

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  • George    Jul 22, 2014

    The loan helped me greatly and am looking forward to ensure i make the repayemets as agreed ealier.thanks to all lenders

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  • George    Jun 17, 2014

    I recieved my loan and did exactly what i had informed you that i will do.now i have enough cerials in my shop.thank you very much

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  • George    Apr 4, 2014

    am almost finishing my loan repayment and i thank zidisha for the support given to me via your loan

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  • George    Mar 23, 2014

    Thanks to my lenders for making me the way i am today. The loan has enabled me to expand my business to an extent that i see a repayment of 500 per month very small. Thats why i increase my repayments each month of repayment. The loan has helped me manage my school.

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  • George    Mar 22, 2014

    i must thank zidisha as a team for the support they gave and expecting to give in future. i have been having a difficulty in paying but now am OK and i wish to clear the loan as soon as possible because i see its not worth to hold such an i borrowed from July for over a year and its a small amount. please help me in doing so and please look and increase my credit limit if possible

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  • George    Mar 22, 2014

    i thank all zidisha fraternity for the help they gave me by giving my first loan. i must say am grateful and i apologize for having some delays in payment. now things are working on well and i look forwad to clear my loan as soon as possible

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  • George    Oct 8, 2013

    There is an inconvenience which occurred to me, in that the town council ordered me to leave the plot i was doing my business. This made me to use olot of money infact i had to request extra cash from my friends for construction of a new structure. For sure you made my life different in that despite how small the loan was, it has taken my business to another level.Thanks to zidisha and may God bless you.As i m about to start the business,i promise to pay the 500 by 17th of this month.

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  • George    Jul 15, 2013

    Due to my earlier understanding of one month grace period,i expected to start repaying the loan on September but only to be informed that i was to pay it on 8th July.Otherwise there is no big problem which is hindering me from repaying the loan but due to the above misunderstandings,I had already allocated the profit i got in purchase of more goods in my business.I promise to abide by the stated timeline in repaying the loan to ensure that it is fully repayed within the stated period so that i can be in a position to apply for a higher loan.I will always inform you incase of any risen issue.

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