This Loan
100% Repaid

Disbursed Amount: $489.01
Date Disbursed: Jun 7, 2012
Repayment Status: On Time
Repayment Frequency: Monthly Projected Term: 12 months
Cost of Loan: $61.72
Show Cost Details

Cost of this loan

Lender Interest: $489.01 at 6.65% annual rate over 12 months = $35.23

Service Fee: $489.01 at 5% annual rate over 12 months = $26.49

Total Loan Cost:
$35.23 + $26.49 = $61.72

Cost paid to join Zidisha

Christopher will also deposit $150.90 into the Zidisha Members Loan Fund as security for lenders against default. Christopher may withdraw the Members Loan Fund deposit at any time, as long as all outstanding loan amounts are repaid to lenders.

These costs are only paid once and entitle Christopher to raise an unlimited number of loans at zero interest.

About Me

I am 34 years old, married with four children, three of them are schooling. I live in Kiptangwanyi centre, Kiambogo division, Gilgil District, Nakuru county. I am a businessman,. I started as a boda boda operator, where I switched to puncture repairing. I started the business in this area after I realized that the area had a problem in addressing the issue of punctures. I use my earnings to improve on my business since I dont have an opportunity where I can get enough cash to expand my business.

My Business

My business is located at Kiptangwanyi shopping centre. kiptangwanyi centre is located at 41 km from Nakuru town which happens to be our nearest major centre. the shopping centre is about 12km from Elementaita trading centre which is mostly known as it was a colonial shopping centre. Kiptangwanyi is in Nakuru county, Gilgil district, kiambogo division, Miti Mingi location, Kiptangwanyi sublocation. My business is near the matatu stage in Kiptangwanyi shopping centre. My business entails the services of repairing punctures for motorbikes, vehicles and even bicycles. There is very high demand of this service since the area is remote, the roads are poor and we are also far away from town making this services very crucial in this area. Customers prefer my services since I offer unique, quality services and at a fairer prices as compared to my competitors. The business is profitable since there are so many boda boda operators in the area making the business profitable. The problems that my business face are lack of more advanced facilties, high prices of crude oil products that I use to operate my air compressors machine. My monthly costs include rent, water, fuel and transport costs. I would be glad if Zidisha would assist me in improving and expand my business since cash is a problem that has been limiting my future plans of expanding this business that I rely much on in order to earn my daily needs for myself and my family.

Loan Proposal

I would like to buy more spare parts for my business and especially tyres adn tubes for bicycles, motorcycles and motorvehicles.

Positive   20      Neutral   0      Negative   0     

  • LaBretonne     Dec 21, 2014


    Fully repaid... again! Well done!

  • nicole     Nov 22, 2014


    Repaid ahead of schedule -- I'm glad to have lent to you!

  • Sunnyside     Oct 31, 2014


    Once again paid back ahead of schedule and I sincerely hope that your business is a huge success - you deserve it. I logged on especially to help you with your next loan and am delighted to see that you are already fully funded - wishing you every success. Gill

  • SKWAW     May 29, 2014


    So impressed. Best of luck to you.

  • Benoit     Feb 16, 2014


    Paid back ahead of schedule. Fantastic job. I wish you great success in the future

  • torelizer     Feb 5, 2014


    very fast, good luck!!

  • nicole     Jan 10, 2014


    Paid far ahead of schedule. I wish you success and will definitely lend again!

  • Sunnyside     Jan 8, 2014


    Steadily paid back - ahead of schedule. Wishing you every success. - good luck!

  • valentin     Jan 7, 2014


    Loan paid off, no problems. Best of luck in the future!

  • Brian     Jan 7, 2014


    Excellent! This loan was paid off, in full, 5 months before the due date. I wish you every success in the future, Christopher, and I would certainly be willing to lend to you again if that would be helpful to you.

  • David2051     Jul 7, 2013


    Congratulations on repaying your loan!

  • Rdcmole     Jul 1, 2013


    Paid back in full.

  • LaBretonne     Jun 29, 2013


    Fully paid back, thank you!

  • galmor     Jun 15, 2013


    Bon Chance!

  • Spock     Sep 20, 2012


    Paid back in full. Thank you and good luck!

  • johnfay     Jun 19, 2012


    Congrats, good luck with your future ventures!
    From South Africa!!!!

  • David2051     May 28, 2012


    Repaid well. happy to loan to you again. Best wishes.

  • CatholicNetworking     May 27, 2012


    Paid back in full, thank you.

  • mikedufty     May 25, 2012


    No problems

  • Aahz     May 24, 2012


    Every payment right on time! Thank you and good luck!


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Christopher Karanja
Kiptangwanyi Centre Nakuru County, Kenya

100% Repaid