Increase stock of sisal bags and ropes

William

Nairobi , Kenya

Funds disbursed

$0 to go

100% funded of $54 goal

0

days left

Entrepreneur

Name

William

Member since

October 2018

On-time repayments

4 installments  •  75%

About Me

My name is William Ndiawa Musumba from Ruaraka Nairobi Kenya.
I was born and raised in Western Kenya-Siaya county and attended Yenga primary and secondary schools respectively before joining Maseno university and graduated with bachelor of economics in2004
Life after graduation was not an easy path as I thought considering negative political environment and rampant ethnicity in our state,I worked in a petrolium industry-bakri energy Kenya as a petrol station manager between 2006-2009 August and left when the station was given to a dealer from Libya.
After the demise of my Father-who was involved deeply in Sweet potatoes business, I became deeply involved in the business to provide and maintain my family going and forgo my area and field of specialization as permanent contractual agreement with many companies prove elusive at the time.

My Business

I run and operate sweet potatoes business in Nairobi county.I purchase and sell to my clients in wholesale.This product is scarce and is always from Sirare and Tanzania.
William is a simple,open and ambitious character who believes in nothing but business and individual development for persons of moral and focused character.Ability to identify opportunity and build a foundation towards achieving ones goal are my priority for every generation that aims to make it in modern self employment arena that is fast taking centre stage in the world.
My Typical costs are Labour.Transportation,Border Clearance, Purchase Capital and Traveling Expenses.
Sweet potatoes business is great and always provide potential return.All my accrue return are used to maintain my extended family and reinvestment for futurity plans as I currently seek to save as much to purchase a lorry that would be used for transport.

Loan Proposal

Hallo Dear Lenders, I'm indeed grateful deep down from the bottom of my heart and forever thankful for the help you have offered me to this far.However today, I seek and beseech for your help once more. I'm seeking for a loan of $255 so as to purchase additional sisal bags and ropes.
I need to increase my stock for sisal bags and rope due the scarcity of these materials in the market owing to massive rainy season we experience currently.I currently have $100 that is always my set priority for these materials as each sisal bag cost $6 but it has increased by $3 and sisal ropes from $80 to $150 of late hence my seeking of this loan to enable me purchase it in large numbers to avoid this further increase in cost. Another additional $100 shall come from my business. With this my lenders, I expect to save $340 from now to December.With this my lenders, I shall save more and divert the cost on transportation of my products to the market. Kindly help me fulfil this my lenders. Thank you.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$54.00

Date disbursed

Nov 26, 2018

Repayment status

Late

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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  • Jackline    Jun 7, 2019

    william got some personal problems but promises to repay the loan soon

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  • Jackline    May 1, 2019

    william got some personal problems but promises to repay the loan soon

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  • Jackline    Mar 30, 2019

    William promises to settle his loan anytime time

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  • Jackline    Mar 1, 2019

    Trying to reach him with the reference contacts he provided his phone number is continuously off. Will provide an update once I get to him

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  • Jackline    Jan 26, 2019

    William promises to start repayment of the loan soon

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  • Jackline    Dec 23, 2018

    William promises to start repayment of the loan soon

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  • William    Nov 24, 2018

    Thank you very much much my lender for the trust. I shall never disappoint you now and in futurity.

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  • William    Nov 21, 2018

    Hallo my lenders, My previous loan enabled me to plough my farm which is now ready for plantation of sweet potatoes. I adore your trust in me and appreciate every effort you make in helping me achieve my dreams. I once again thank you very much my Lenders.

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  • William    Nov 18, 2018

    These loans really helped and Zidisha is quite reliable. I only wish that willing lenders based on respective choice can make it fast as I always sought this due to emergency purpose and sweet potatoes are in high demand in Kenya hence very scarce.Thank you my lenders.

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  • William    Nov 18, 2018

    Thanks to my lender for believing in me.I'm forever greatful for this noble heart.Indeed this advance helped me plough my farm at the right time before the rains start and I'm opportunistic in three months time,I will harvest a massive benefits.I'm forever humbled.Thanks and God bless you more.

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  • William    Nov 5, 2018

    Good evening Mr. Aboud Chad, I have settled my loan of ksh 1507.hope it has reflected. Thanks

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  • William    Nov 5, 2018

    Though I have never attempted to work with online lenders, I must admit I'm very please that Zidisha is REAL and I'm developing interest as time goes.
    The loan I sought helped me in that it saved me time and did packaging for my sweet potatoes and transferred them to market by the expected time. I appreciate this a lot and will forever be grateful.

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