Increasing the waterstorage capacity

David

Nairobi, Kenya

18% repaid

Entrepreneur

Name

David

Member since

September 2014

On-time repayments

225 installments  •  28%

About Me

I am a business man living in Nairobi City, at satellite; an estate which is about 40 KM from the Nairobi, the city. I have been a business for about 5 years; doing different kinds of businesses. Thank you Zidisha for giving me a chance to get funding. Since I moved to Satellite, I realized that water is a major challenge around the area. There is no water in most residential plots in the area. People in the area depend on water sold by vendors who use carts known as “mikokoteni” to sell water to them. The demand is so high that the water vendors exploit the residents by selling the water at a very high cost, ranging from 20 to sometimes 50 shillings per 20 litre jelican of water. This had happened to me very many times and I always wished there was something I could do about it. As one day I was having a conversation with my landlord requesting him to provide water for the tenants, he said that he would have a problem controlling the project. I requested if he could allow me to run the project as my own and he agreed. I thought that was a good business idea and I implemented it. Using some savings worth 400 US I bought a 4000literes tank, and registered the business with 28USD. I built a wooden stand for the tank and the business started. A friend who was had just finished high school is currently running the business. The business gets customers by mainly word of mouth, customers mainly being residents of plots around

My Business

The business name is ‘mwaz water suppliers’ and our motto is ‘Maji ni uhai.’ We plan to expand our business through buying more water tanks which will bebigger in size to enable consistent supply of water. The monthly net profit of the business has increased from 105 US to 125 USD after paying 7USD electricity bill of the electricity consumed since we sell water till late in the night. With part of the net profit the business is able to pay the loan and use the rest of the money to expand the business. The business has been in operation since December 2012 and the business is doing well making good progress in terms of profits especially after getting theprevious loan that increased thewater capacity. Zidisha loans will help in facilitating the achievement of our goals. My plan is to have more tanks, thistime larger ones and open more selling points in other parts of Satellite area
‘Mwaz water suppliers’ hopes to provide water to every residential area in Satellite to alleviate water shortage.

Loan Proposal

The business name is ‘mwaz water suppliers’ and our motto is ‘Maji ni uhai.’ We plan to expand our business through buying more water tanks which will be bigger in size to enable consistent supply of water since the demand has increased. The monthly net profit of the business has increased from 105 US to 125 USD after paying 7USD electricity bill of the electricity consumed since we sell water till late in the night. With part of the net profit the business is able to pay the loan and use the rest of the money to expand the business. The business has been in operation since December 2012 and the business is doing well making good progress in terms of profits especially after getting the previous loan that increased the water capacity. Zidisha loans will help in facilitating the achievement of our goals. My plan is to have more tanks, this time larger ones and open more selling points in other parts of Satellite area
‘Mwaz water suppliers’ hopes to provide water to every residential area in Satellite to alleviate water shortage.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$180.00

Date disbursed

Nov 23, 2015

Repayment status

Late

Projected term

43 months

Lenders

Franmiguel

Perth, Australia

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Summary

Amount repaid

$34.00

Amount remaining

$155.21

Expected completion

Jun 23, 2019

Status

Repaying late

Installment amount

$1.00

Repayment History

Expected Payments Actual Payments
Dec 6, 2015 $5.00 Dec 5, 2015 $5.00
Dec 13, 2015 $1.00 Dec 14, 2015 $1.00
Dec 20, 2015 $1.00 Dec 14, 2015 $1.00
Dec 27, 2015 $1.00 Dec 14, 2015 $1.00
Jan 3, 2016 $1.00 Jan 9, 2016 $1.00
Jan 10, 2016 $1.00 Jan 9, 2016 $1.00
Jan 17, 2016 $1.00 Jan 9, 2016 $1.00
Jan 24, 2016 $1.00 Jan 9, 2016 $1.00
Jan 31, 2016 $1.00 Feb 5, 2016 $1.00
Feb 7, 2016 $1.00 Feb 5, 2016 $1.00
Feb 14, 2016 $1.00 Feb 5, 2016 $1.00
Feb 21, 2016 $1.00 Feb 5, 2016 $1.00
Feb 28, 2016 $1.00 Feb 20, 2016 $1.00
Mar 6, 2016 $1.00 Feb 20, 2016 $1.00
Mar 13, 2016 $1.00 Feb 20, 2016 $1.00
Mar 20, 2016 $1.00 Feb 20, 2016 $1.00
Mar 27, 2016 $1.00 Apr 6, 2016 $1.00
Apr 3, 2016 $1.00 Apr 6, 2016 $1.00
Apr 10, 2016 $1.00 Apr 6, 2016 $1.00
Apr 17, 2016 $1.00 Apr 6, 2016 $1.00
Apr 24, 2016 $1.00 Apr 6, 2016 $1.00
May 1, 2016 $1.00 Jun 25, 2016 $1.00
May 8, 2016 $1.00 Jun 25, 2016 $1.00
May 15, 2016 $1.00 Jun 25, 2016 $1.00
May 22, 2016 $1.00 Jun 25, 2016 $1.00
May 29, 2016 $1.00 Jun 25, 2016 $1.00
Jun 5, 2016 $1.00 Jun 25, 2016 $1.00
Jun 12, 2016 $1.00 Jun 25, 2016 $1.00
Jun 19, 2016 $1.00 Jun 25, 2016 $1.00
Jun 26, 2016 $1.00 Jul 2, 2016 $1.00
Jul 3, 2016 $1.00
Jul 10, 2016 $1.00
Jul 17, 2016 $1.00
Jul 24, 2016 $1.00
Jul 31, 2016 $1.00
Aug 7, 2016 $1.00
Aug 14, 2016 $1.00
Aug 21, 2016 $1.00
Aug 28, 2016 $1.00
Sep 4, 2016 $1.00
Sep 11, 2016 $1.00
Sep 18, 2016 $1.00
Sep 25, 2016 $1.00
Oct 2, 2016 $1.00
Oct 9, 2016 $1.00
Oct 16, 2016 $1.00
Oct 23, 2016 $1.00
Oct 30, 2016 $1.00
Nov 6, 2016 $1.00
Nov 13, 2016 $1.00
Nov 20, 2016 $1.00
Nov 27, 2016 $1.00
Dec 4, 2016 $1.00
Dec 11, 2016 $1.00
Dec 18, 2016 $1.00
Dec 25, 2016 $1.00
Jan 1, 2017 $1.00
Jan 8, 2017 $1.00
Jan 15, 2017 $1.00
Jan 22, 2017 $1.00
Jan 29, 2017 $1.00
Feb 5, 2017 $1.00
Feb 12, 2017 $1.00
Feb 19, 2017 $1.00
Feb 26, 2017 $1.00
Mar 5, 2017 $1.00
Mar 12, 2017 $1.00
Mar 19, 2017 $1.00
Mar 26, 2017 $1.00
Apr 2, 2017 $1.00
Apr 9, 2017 $1.00
Apr 16, 2017 $1.00
Apr 23, 2017 $1.00
Apr 30, 2017 $1.00
May 7, 2017 $1.00
May 14, 2017 $1.00
May 21, 2017 $1.00
May 28, 2017 $1.00
Jun 4, 2017 $1.00
Jun 11, 2017 $1.00
Jun 18, 2017 $1.00
Jun 25, 2017 $1.00
Jul 2, 2017 $1.00
Jul 9, 2017 $1.00
Jul 16, 2017 $1.00
Jul 23, 2017 $1.00
Jul 30, 2017 $1.00
Aug 6, 2017 $1.00
Aug 13, 2017 $1.00
Aug 20, 2017 $1.00
Aug 27, 2017 $1.00
Sep 3, 2017 $1.00
Sep 10, 2017 $1.00
Sep 17, 2017 $1.00
Sep 24, 2017 $1.00
Oct 1, 2017 $1.00
Oct 8, 2017 $1.00
Oct 15, 2017 $1.00
Oct 22, 2017 $1.00
Oct 29, 2017 $1.00
Nov 5, 2017 $1.00
Nov 12, 2017 $1.00
Nov 19, 2017 $1.00
Nov 26, 2017 $1.00
Dec 3, 2017 $1.00
Dec 10, 2017 $1.00
Dec 17, 2017 $1.00
Dec 24, 2017 $1.00
Dec 31, 2017 $1.00
Jan 7, 2018 $1.00
Jan 14, 2018 $1.00
Jan 21, 2018 $1.00
Jan 28, 2018 $1.00
Feb 4, 2018 $1.00
Feb 11, 2018 $1.00
Feb 18, 2018 $1.00
Feb 25, 2018 $1.00
Mar 4, 2018 $1.00
Mar 11, 2018 $1.00
Mar 18, 2018 $1.00
Mar 25, 2018 $1.00
Apr 1, 2018 $1.00
Apr 8, 2018 $1.00
Apr 15, 2018 $1.00
Apr 22, 2018 $1.00
Apr 29, 2018 $1.00
May 6, 2018 $1.00
May 13, 2018 $1.00
May 20, 2018 $1.00
May 27, 2018 $1.00
Jun 3, 2018 $1.00
Jun 10, 2018 $1.00
Jun 17, 2018 $1.00
Jun 24, 2018 $1.00
Jul 1, 2018 $1.00
Jul 8, 2018 $1.00
Jul 15, 2018 $1.00
Jul 22, 2018 $1.00
Jul 29, 2018 $1.00
Aug 5, 2018 $1.00
Aug 12, 2018 $1.00
Aug 19, 2018 $1.00
Aug 26, 2018 $1.00
Sep 2, 2018 $1.00
Sep 9, 2018 $1.00
Sep 16, 2018 $1.00
Sep 23, 2018 $1.00
Sep 30, 2018 $1.00
Oct 7, 2018 $1.00
Oct 14, 2018 $1.00
Oct 21, 2018 $1.00
Oct 28, 2018 $1.00
Nov 4, 2018 $1.00
Nov 11, 2018 $1.00
Nov 18, 2018 $1.00
Nov 25, 2018 $1.00
Dec 2, 2018 $1.00
Dec 9, 2018 $1.00
Dec 16, 2018 $1.00
Dec 23, 2018 $1.00
Dec 30, 2018 $1.00
Jan 6, 2019 $1.00
Jan 13, 2019 $1.00
Jan 20, 2019 $1.00
Jan 27, 2019 $1.00
Feb 3, 2019 $1.00
Feb 10, 2019 $1.00
Feb 17, 2019 $1.00
Feb 24, 2019 $1.00
Mar 3, 2019 $1.00
Mar 10, 2019 $1.00
Mar 17, 2019 $1.00
Mar 24, 2019 $1.00
Mar 31, 2019 $1.00
Apr 7, 2019 $1.00
Apr 14, 2019 $1.00
Apr 21, 2019 $1.00
Apr 28, 2019 $1.00
May 5, 2019 $1.00
May 12, 2019 $1.00
May 19, 2019 $1.00
May 26, 2019 $1.00
Jun 2, 2019 $1.00
Jun 9, 2019 $1.00
Jun 16, 2019 $1.00
Jun 23, 2019 $0.21

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