James

Ongata Rongai, Kenya

13% repaid

Entrepreneur

Name

James

Member since

July 2013

On-time repayments

51 installments  •  6%

About Me

i am man ages 29 single who live at Ongata Rongai opposite kenya commercial bank safaricom road a have a cyber cafe, popcorn machine , small book shop and m-pesa ata the same estate ,my education background -i attained my certificates of form four in 2002 and join a computer college in 2005, i i started my business in 2008 because if feel that in my life to succeed i need a business because i have that feeling of starting,in my income is to save so that i can start a computer college that can help those who do not know about the computer.

My Business

in my business i have 12 computer and m-pesa that that people come to be served a bout internet ,customer demand my business for one i am person of respect ,clean and depend on the speed on my internet, my business is profitable because for one in rongai there is a lot of college and university and student come to access internet at my cyber and the way we buy thing like papers and the way we charge them when we photo copy or printing we so a lot of profit in it, my risk in this business is of power shortage
my tayically monthly cost is about Ksh 60,000
sales revenue is Ksh 25,000
my profit is Ksh 35,000

Loan Proposal

if you will offer me a loan i will increase my stock of stationery so that my business can be more attractive and have more thing to sale, i also think of having another printer that can scan ,print,photocopy at the same , i have been looking for capital of starting photo studio so if i pay the loan i know u can offer me another and with more amount so that i can start the business
thanks for the assistance

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Aug 3, 2013

Repayment status

Late

Projected term

51 months

Lenders

A

anonymus

Moon, United States

Landei

Sandersdorf-Brehna, Germany

mewesten

Waynesboro, United States

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  • James    Feb 14, 2014

    my business is not doing well that way i delayed to pay the loan but it will possible for me to pay 250 per month, i was having a cybercafe but and mpesa so if it possible for you to accept the amount i will be happy.iam still in ongata rongai , i feel guilty for that but i have no otherwise . please accept i will pay

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    • Landei    Feb 15, 2014

      Thank you for the update. For me as lender it's much better to have a loan rescheduled than having no repayment and no information at all, as I experienced with other lenders. So please don't feel guilty, just keep us up to date.
      Just as an idea: Some other internet cafe owners give computer courses, there seems to be some demand.

      My best wishes to you,
      Daniel

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  • ajordan    Jan 15, 2014

    Dear Lenders,
    We have received word from James that his next payment can be expected by January 25th. His business is facing some struggles, but he is confident he will be able to make the payment within this month.
    Thank you all for your support of James!

    Alissa
    Zidisha Team Member

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  • mewesten    Oct 9, 2013

    Hello James --

    Hope everything is going ok for you. Write to us if you have a chance.
    Good luck to you.
    marvin

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  • mewesten    Sep 9, 2013

    Greetings, James,
    I am writing to you because your first loan payment came already! Congratulations!
    How is your business going?
    Has the loan been helpful in adding some stock for sale?
    I would be pleased to hear from you.
    My best wishes to you.
    Marvin

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