Name
James
Member since
February 2015
On-time repayments
290 installments • 54%
My name is James Kariuki, born in Nairobi city in the sixties and brought up in Nyeri County. Nyeri is in the central highlands of Kenya where farming is the main activity of the local community. My father was a businessman while my mother was a housewife engaging in farming of coffee and tea.
I went to primary and later secondary school in Nyeri and later joined a technical college where I did a course in building construction. I did not get a job related to the course I did and I decided to start a hardware business where I sell building materials such as pipes, taps, locks etc. This is what I doing to date.
I am married with two children, a boy and a girl and they are both in college after clearing their secondary education.
As stated above, I am in hardware business specializing in plumbing materials. I started this business in Nairobi but later relocated to Mombasa. I started as a hawker where I would sell the hardware items from door to door but with hard work and serious savings, I managed to establish a store which serves as an outlet for my hardware items. However, I still have a challenge in that my store is in upstairs and therefore no visibility. I mostly rely on my loyal customers, referrals and occasionally a stray buyer.
For this reason, I have started another hardware store in a place called Ukunda – 20 Kilometers from Mombasa where I am operating from down stairs and the visibility of the business is excellent. This is a much smaller town but my market share is good due to low competition in this field. My main challenge right now is to buy adequate stock for this new branch since getting credit from the local lending institutions is very difficult and also very expensive.
I want to leverage on Zidisha loans to grow my business and take it to higher heights.
As mentioned above, I have two hardware shops in two different towns. The second one is about one year old and it is doing well. I intend to use money from this loan to add more hardware stock so as to retain and attract new clients.
I mostly want to stock electrical materials such as cables, conduits and wall sockets which move quite fast in this area due to many construction sites going on. This is likely to continue for some time since this is a town that is growing rapidly.
This expansion will in turn increase my sales and my business profitability.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$552.00
Date disbursed
Apr 25, 2016
Repayment status
On Time
Projected term
13 months
Other loans
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Amount repaid
$579.60
Amount remaining
$0.00
Date repaid
Mar 16, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 3, 2016 | $10.09 | May 3, 2016 | $10.09 |
May 10, 2016 | $10.09 | May 12, 2016 | $10.09 |
May 17, 2016 | $10.09 | May 18, 2016 | $10.09 |
May 24, 2016 | $10.09 | May 24, 2016 | $10.09 |
May 31, 2016 | $10.09 | May 31, 2016 | $10.09 |
Jun 7, 2016 | $10.09 | Jun 8, 2016 | $10.09 |
Jun 14, 2016 | $10.09 | Jun 14, 2016 | $10.09 |
Jun 21, 2016 | $10.09 | Jun 22, 2016 | $10.09 |
Jun 28, 2016 | $10.09 | Jun 29, 2016 | $10.09 |
Jul 5, 2016 | $10.09 | Jul 6, 2016 | $10.09 |
Jul 12, 2016 | $10.09 | Jul 13, 2016 | $10.09 |
Jul 19, 2016 | $10.09 | Jul 20, 2016 | $10.09 |
Jul 26, 2016 | $10.09 | Jul 28, 2016 | $10.09 |
Aug 2, 2016 | $10.09 | Aug 4, 2016 | $10.09 |
Aug 9, 2016 | $10.09 | Aug 12, 2016 | $10.09 |
Aug 16, 2016 | $10.09 | Aug 19, 2016 | $10.09 |
Aug 23, 2016 | $10.09 | Aug 24, 2016 | $10.09 |
Aug 30, 2016 | $10.09 | Sep 3, 2016 | $10.09 |
Sep 6, 2016 | $10.09 | Sep 9, 2016 | $10.09 |
Sep 13, 2016 | $10.09 | Sep 16, 2016 | $10.09 |
Sep 20, 2016 | $10.09 | Sep 26, 2016 | $10.09 |
Sep 27, 2016 | $10.09 | Sep 28, 2016 | $10.09 |
Oct 4, 2016 | $10.09 | Oct 5, 2016 | $10.09 |
Oct 11, 2016 | $10.09 | Oct 17, 2016 | $10.09 |
Oct 18, 2016 | $10.09 | Oct 21, 2016 | $10.09 |
Oct 25, 2016 | $10.09 | Oct 28, 2016 | $10.09 |
Nov 1, 2016 | $10.09 | Nov 4, 2016 | $10.09 |
Nov 8, 2016 | $10.09 | Nov 14, 2016 | $10.09 |
Nov 15, 2016 | $10.09 | Nov 16, 2016 | $10.09 |
Nov 22, 2016 | $10.09 | Nov 28, 2016 | $10.09 |
Nov 29, 2016 | $10.09 | Dec 5, 2016 | $10.09 |
Dec 6, 2016 | $10.09 | Dec 13, 2016 | $10.09 |
Dec 13, 2016 | $10.09 | Dec 19, 2016 | $10.09 |
Dec 20, 2016 | $10.09 | Dec 28, 2016 | $10.09 |
Dec 27, 2016 | $10.09 | Dec 28, 2016 | $10.09 |
Jan 3, 2017 | $10.09 | Jan 7, 2017 | $10.09 |
Jan 10, 2017 | $10.09 | Jan 15, 2017 | $10.09 |
Jan 17, 2017 | $10.09 | Jan 25, 2017 | $10.09 |
Jan 24, 2017 | $10.09 | Feb 2, 2017 | $10.09 |
Jan 31, 2017 | $10.09 | Feb 2, 2017 | $10.09 |
Feb 7, 2017 | $10.09 | Feb 9, 2017 | $10.09 |
Feb 14, 2017 | $10.09 | Feb 17, 2017 | $10.09 |
Feb 21, 2017 | $10.09 | Feb 21, 2017 | $10.09 |
Feb 28, 2017 | $10.09 | Feb 28, 2017 | $10.09 |
Mar 7, 2017 | $10.09 | Mar 8, 2017 | $10.09 |
Mar 14, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Mar 21, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Mar 28, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Apr 4, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Apr 11, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Apr 18, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Apr 25, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
May 2, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
May 9, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
May 16, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
May 23, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
May 30, 2017 | $10.09 | Mar 16, 2017 | $10.09 |
Jun 6, 2017 | $4.58 | Mar 16, 2017 | $4.58 |
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