Simon

Kiptangwanyi, Kenya

3% repaid

Entrepreneur

Name

Simon

Member since

November 2011

On-time repayments

97 installments  •  20%

About Me

I am 32yrs old, married with 2 kids, one in pre unit school. I am a graduate teacher in a public school called Muriricua Secondary School in kiptangwanyi trading centre. I teach Mathematics and Business studies. I reside in Kiptangwanyi shopping centre which is about 42 km from Nakuru town. I am a tenant in plot number 102 house number 1.

My Business

My business entails the sale of hardware materials. I sell cement, paints, roofings, iron sheets, wheelbarrows and other building and construction materials. There is very high demand of these commodities since Nakuru is a fast growing town and the demand for housing is very high. This has increased the demand for building and construction materials. I purchase my goods from Nairobi at a relatively lower price hence my customers prefer my goods as I sell to them at a relatively lower prices. The main challenges that my business encounter are insufficient capital, high transport costs and fluctuating prices of commodities. Currently I am using my income and earnings to expand my business.

Loan Proposal

I wish to pass my gratitude to the lenders and Zidisha team for making our dreams come true through their support of small scale businesses. I have done a lot through the loans that I have received from the organization. With this loan, I wish to open another outlet of my business for supplying building and construction materials. I am very grateful for the role you are playing in our lives. God bless Zidisha.

Feedback

7

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,285.00

Date disbursed

Sep 25, 2013

Repayment status

Late

Projected term

77 months

Lenders

J

jeffb

United States

V

vidarlil

Sandefjord, Norway

A

Anninymouse

Southampton, United Kingdom

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

E

Errol

Bradenton, FL, United States

J

Jason

New Jersey, United States

O

Ouishoebean

Singapore, Singapore

Brian

Midhurst, Canada

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

tycho

Madison, WI, United States

G

grizu

dortmund, Germany

B

Bpryse

Long beach, United States

Silver

Steiermark, Austria

ErikN

Stockholm, Sweden

F

Fiodal

Helsinki, Finland

M

magmax

Vienna, Austria

Kjartan

Oslo, Norway

T

Tszach

Tucson, United States

P

PlutusNOR

Trondheim, Norway

J

javakonsole

Berlin, Germany

W

Walekkelson

Brisbane, Australia

A

anonymus

Moon, United States

F

Fletch14

United States

P

psimeon

Palo Alto, United States

MakeSense

-, St. Kitts and Nevis

J

jdhowa2

Louisville, KY, United States

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

J

Jaslogic

Castle Rock, United States

Sundstroms

Falun, Sweden

M

missjoyy

Munich, Germany

andreasol

Bielefeld, Germany

rasmus

Bern, Switzerland

K

kaf121

Lynnfield, United States

J

Jeb33red

Bourne end, United Kingdom

B

blue0green717

St-Lucien, Canada

element

Trondheim, Norway

A

aiban

Austin, United States

mossuto

Milano, Italy

N

nicknz

Wellington, New Zealand

P

petermeier

Bern, Switzerland

mewesten

Waynesboro, United States

S

Southern

Oberursel, Germany, Germany

Bruno

São Paulo, Brazil

Sverre

Bergen, Norway

M

mkellerman

Shanghai, China

D

DaveH

Folsom, United States

C

CloCkWeRX

Rosewater, Australia

Z

zhihanchew1234

Tampin, Malaysia

Cricketca

San Jose, United States

joaoferraz

RINCHOA, Portugal

F

fundfinite

Wellington, New Zealand

scgtb

Sarasota, United States

RogierEpping

Amersfoort, Netherlands

GarmdGriek

Oslo, Norway

K

kingcamo1095

Mountain Home, United States

J

JabaStartBS

Tbilisi, Georgia

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

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  • jjonas    Oct 30, 2014

    Dear Simon Wanjohi,
    Please dont leave me in vain!
    What happend??
    Thanks

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  • Cricketca    Mar 21, 2014

    Hi Simon,

    How are you and your business doing? It has been a while since we heard from you, and I am concerned about you.

    Best,
    Kristin

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  • Kjartan    Mar 5, 2014

    Hi Simon,


    It would be nice if you could give us an update.


    Kjartan

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  • mewesten    Jan 27, 2014

    Hi Simon,
    I understand that your business was slow.
    Now that your rescheduled date has passed, I recommend that you contact your lenders and let us know what you intend to do. We deserve to hear from you.
    I also recommend that you being to make small steady payments. That will go far to demonstrate your good faith for future loans.
    Thank you.
    marvin

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  • Cricketca    Jan 27, 2014

    Hi Simon,

    How has the business done this past month? Is school going well?

    Log in to reply • Share
  • Simon    Dec 15, 2013

    Dear,lenders,I wish to reschedule my loan because my business is not doing very well as per now and I wish to hold the money lend to me for sometime. Furthermore,I have been using my profits to pay for my postgraduate degree(MSC in Project Management).I am committed to make the repayment in full and on time.Thank you all for your continued support.

    Log in to reply • Share
    • mewesten    Dec 15, 2013

      Hi Simon,
      Sorry to hear that business is slow. I also understand that you have other, personal priorities that require money. Zidisha lenders are a kind and caring people who want to see our Zidisha partners succeed.
      Given that understanding, I recommend that you continue to make steady monthly payments, even if they are small. That will go far to demonstrate your good faith for future loans.
      Wishing you well in pursuit of your PM-MSC! Marvin

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  • mewesten    Nov 30, 2013

    Hello Simon,
    Today your first payment arrived for the new loan. Thank you for that.
    I hope the new capital has allowed you to expand your business.
    As the economy expands construction supplies should be a very good business to be in. If you have time please send us a note and let us know how you are doing.
    Best of luck.
    Marvin

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  • Simon    Sep 7, 2013

    Zidisha microfinance has passed the litmus test and this cannot go unmentioned that this is the only in the world that cares for its members keeps the needs of the members as the first priority. Personally I can confess that my life has really changed since I joined Zidisha. My hardware business has significantly improved and I make good revenue from the business. I can now give good education to my two sons. I am also working hard to make sure that I always repay my loan on time. May God bless Zidisha family forever.

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  • Simon    Sep 7, 2013

    I would like to take this opportunity to reschedule my loan repayment and wish to repay all my outstanding balance at once. It is pleasure to do this as my business is doing well at this moment. I am humbled that Zidisha has played a very important role in my life and I am in a position that would otherwise have been very difficult to arrive. Long live Zidisha microfinance and may God bless Zidisha family always.

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  • Simon    Oct 10, 2012

    Dear Lenders,
    I would like to reschedule my loan repayment. The reason for doing this is because my business has not picked on well since I invested all the loan that I got in the business and thus I would need some more time. I am positive that by the end of the two months it will have picked on well and when I start repaing I will not have any hindrances.

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  • Simon    Sep 4, 2012

    HI all zidisha lenders.I wish to thank you all for partnering with me in my Hardware business.My second loan came in the opportune moment,other than buying additional Hardware materials, I was able to set up an M-pesa agency which I have now operated for two weeks within the same premise . I found it necessary because it complements the Hardware business.Thank all Zidisha lenders and God bless you all.

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  • COOPITALIST    Aug 8, 2012

    All the best in your hardware business, Mr. Wanjohi. I look forward to your success.

    Sincerely,
    WONGNOW

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    • Simon    Sep 4, 2012

      thank you very much indeed WONGNOW.i am doing all i can to try and expand my business.thanks for your partnership.

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  • Simon    Mar 26, 2012

    hi lenders,
    I would like to take this opportunity to thank all Zidisha lenders for their continous support to small scale businesses in our society. My hardware business is doing well especially after receiving the loan from Zidisha lenders.I bought more stock, and introduced new item such as binding wire, ironsheets, waterproof cement, wheelbarrows and construction iron bars.
    This has increased my customers and my profitability levels risen.Am very much committed to repay my loan in good time.May God bless Zidisha.

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