Loan for additional of stock and spareparts

Evans Miriti

Nakuru,langa Langa, Kenya

7% repaid

Entrepreneur

Name

Evans Miriti

Member since

March 2014

On-time repayments

322 installments  •  20%

About Me

My name is Evans Miriti I was born in Tharaka Nithi County in the year 1982. I am the third born in a family of three children our first born is a teacher at nearby primary school called Muraga primary, the second born is a business lady. My parents are tea farmers as well as dairy farming. I was bought up in Tharaka Nithi County but I moved to Nakuru Town the year 2006, where I live to date in Langalanga Estate. I am a business man and I hope I will live to be one.
I started my schooling at Muraga primary school the year 1989, until I did my K.C.P.E in 1998, I did well and proceed to Ikuu boys’ high school of which I did my S.C.S.E in 2002 and I got C- (minus)
My journey to business world was hectic one, I started selling handkerchiefs the year 2006 in Nakuru Town, and we used to live four guys in a single room. In the year 2008 I stopped selling handkerchiefs and started selling second hand shoes using the savings I had saved plus a loan I borrowed from my aunt. My business have grown since I have a shoe in Nakuru town the earning that I earn has helped me buy a motorcycle –KMCU 75K, I also have a rabbit rearing business which seems to be promising.

My Business

If granted the Zidisha loan am very sure I will pay the loan with the money I get from my motorbike which I have hired someone to operate. There is a great demand for my service especially the motorbike business due to its convenience speed, time saving and also pocket friendly to the customers.
This business is profitable since there is always customer in hand, the maintenance also does not need much money. It also uses little fuel making it more profitable.
My business forces, some risks one of item is theft, secondly the police harassment, but I have decided to stick to it since there is no business without risks. My monthly (cost are 1,200/=, revenue 7,800) profit 6,600/=.

Loan Proposal

Dear lenders, thank ytou for supporting my previous loans and making my business run well, today I am requesting for some more support regarding my business or motorbike transport,I Transport people to their place of employment, medical appointments, schools and also i have a small repair shop where people comes and get there motorbike repaired as well purchasing of small spare parts,
What is the purpose of this loan?
$300 - will add some reflectors and tires for bikes in my small shop
$200 - will purchase umbrella for my 3 other motorbikes which i have employed 3 people to ride
$89 - will be used to purchase bulbs for the motorbikes and add to my shop for sale.
through this loan, in the next three months i am expecting my business to raise to 70% increase from my current 40% which zidisha has helped me achieve through previous loans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$612.66

Date disbursed

Dec 22, 2015

Repayment status

Late

Projected term

64 months

Cost to entrepreneur

Service fee: $25.44

Evans opted to pay $112.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

cyrus0302

San Francisco, United States

ErikN

Stockholm, Sweden

Scott

Oregon, United States

sarasofia

Stockholm, Sweden

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

S

Senryu91

caldogno, Italy

M

MattLondon

London, United Kingdom

H

hanso

Arendal, Norway

A

anonymous123

United States

G

graememoss

Amsterdam, Netherlands

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

B

Butters

San Jose, United States

southcentral

Zürich, Switzerland

L

loistf

Madrid, Spain

mtnsailor

Harrisonburg, United States

ads68

Melbourne, Australia

C

CheapThrills

Liminka, Finland

fairspirit

Utrecht, Netherlands

H

HobbyCollector

Beach City, United States

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

K

khassi

AinEbel, Lebanon

A

akshu71

Ottawa, Canada

Z

zvrk2014

Brookline, MA, United States

pvilliger

Zurich, Switzerland

AllieJ

Camberwell, Australia

N

nswanberg

United States

Landerson

Edinburgh, United Kingdom

B

bugdaniel

Switzerland

J

JennK

Australia

mepster

San Francisco, Ca, United States

T

tmarkus

Netherlands

G

Gavin

New Zealand

M

Manley

Windermere, United States

WiscoHorndog

United States

D

ddm08

United States

C

cactusgirl

London, United Kingdom

NathanMoore

United States

F

frenchy

United States

C

Crainster

Chapel Hill, United States

T

twm3823

United States

OllieOladele

London, United Kingdom

D

djlayton4

United States

K

Kristiina

All Countries

JL

Joao Leal

United Kingdom

Valeria Cremonesi

Casalpusterlengo, Italy

Dave Bogard

New York, United States

Paul

Auckland, New Zealand

W

Wade

United States

Kai

Nuremberg, Germany

jtreyes

United States

MB

michael breen

United Kingdom

The Bayiates Family

Chicago, IL, United States

RB

Richard Busby

United States

TB

Taylor Brown

United States

Jennifer Weber

Canandaigua, Ny, United States

Mouhamed

United States

BB

Ben Bellows

United States

Framework Eyewear

Utrecht, Netherlands

B

Brent

United States

Robin Padberg

Pétion-Ville, Haiti

Danny Su

United States

P

patricio

Yorba Linda, Ca, United States

AH

ajay hampapur

United States

C

Christian

Switzerland

E

eriklonnroth

United Kingdom

GT

Gowan Tervo

United States

Egor

Kiev, Ukraine

I

Irene

Switzerland

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

M

Mark

United States

MC

Marilyn Cole

United States

Heidy

N J, United States

K

kris

Belgium

WS

william smith

United States

GT

Geoff Tucker

United States

Dan Michael

Oslo, Norway

Carlos Raphael Rocha

Joinville, Brazil

L

LK

United States

DL

Dunja Lazic

United States

FJ

Flo Jo

United States

DJ

David Jones

United Kingdom

JG

James Greer

United States

LT

Leslie Tymko

United Kingdom

DS

Dana Smith

United States

S

Stephanie

Zurich, Switzerland

H

Huub

Switzerland

Iris

Ireland

GS

G S

Switzerland

JC

juli camrud

United States

M

Magnus

Switzerland

SR

Sharyn Ribich

United States

B

Boris

Bern, Switzerland

Carla

United States

TF

Todd Fonseca

United States

MB

Mark Blatter

United States

SV

Salim Virji

United States

MT

Mufi Tabacchi

United States

Derek Anderson

Yankton, United States

JB

John Brown

United States

HA

Holly Arthur

United Kingdom

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