To buy wheelbarrows to rent out to others

John

Kiptagwanyi Kenya, Kenya

100% repaid

Entrepreneur

Name

John

Member since

July 2012

On-time repayments

243 installments  •  52%

About Me

My name is John ndegwa, in our language kikuyu in Kenya, the word ndegwa means a bull cow. I'm the third child in my late father's family. My both parents died late 80s. I helped to raise my youngest brother and sisters who were left by our parents when young. Having not being Soo much educated I didn't get a good job, so I became just a business man.

My Business

I'm a young contactor in building. I started the business due to my talent in building since from school. During my learning in school, there was a subject taught known as art and craft. I learned to build walls made of mud bricks in school. This is how I got interested in massonary work. Later, when I grew up, I started building houses for payment to people in my neighborhood. It later came to be my eaning business. It has helped me to raise a family.

Loan Proposal

With the loan I'm going to buy 8 new wheelbarrows for renting. It will be pay me much because one wheelbarrow is paid 300 sh per day. The profit got will be added to profit got from other machines to bring much payment to help paying the loan.

Income Source

This wheelbarrows will make more earnings. I have done enough research and found that given good management together with other machines the profit will be enough to pay my loan. This will attract many customers because it simple to rent one than to buy. It is simple to maintain them because they need little maintenance.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$435.00

Date disbursed

Nov 7, 2020

Repayment status

On Time

Projected term

2 months

Lenders

Brian

Midhurst, Canada

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

Sundstroms

Falun, Sweden

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

Ingela

Falun, Sweden

A

anagnan

BRUXELLES, Belgium

R

richdullaghan

Encinitas, United States

mikeice

Kohler, United States

sderickson

Berkeley, CA, United States

B

bscent

Hong Kong

S

Stephan

Netherlands

Dave Bogard

New York, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

AH

ajay hampapur

United States

Aran Dunlop

United States

roark22

Geneva, Switzerland

Sinan Taifour

Munich, Germany, Germany

Angi

Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Carrie

Arlington, MA, United States

Nick Studenski

Minneapolis, United States

A

Anonymous

United States

CG

Chris Greene

Birmingham, AL, United States

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John    Mar 12, 2022

    My business income changed after the last rainy season in our area. This was after the rain damaged most of my already made bricks. Due to the damage, I got much loose which I haven't recovered.

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  • John    Mar 5, 2022

    I would like to change My instalments because I haven't fully recovered from the last heavy rainfall that affected my business

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  • John    Feb 23, 2022

    My business income changed after the destruction got during the last rainy season. I'm now improving slowly and hoping to complete the loan. Thanks.

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  • John    Feb 11, 2022

    I'm improving slowly from the losses got after a heavy rainfall damaged My business.

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  • John    Feb 2, 2022

    I'm slowly recovering from the damage after a heavy rainfall came in our area in November. I'm hoping to be fully recovered soon. Thank you.

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  • John    Jan 18, 2022

    My business income went down after the destruction of my working yard due to heavy downpour in the last rainy season in our area. I have not yet fully recovered, but things are going on well and soon will be ok. Thanks.

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  • John    Jan 6, 2022

    I haven't fully recovered from the loss I got when it heavily rained. Many bricks got destroyed. The rain has now stoped. I'm hoping to recover soon.

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  • John    Dec 20, 2021

    We have been receiving heavy rainfall in our area that is making it impossible to my brick making business to go on. This has reduced my income because I don't have a shade for keeping my bricks.

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  • John    Dec 9, 2021

    In our area it's raining too much. There's floods every where. Everything has come to a standstill. Even some blocks that we had made has been destroyed. We're hoping the rain will stop soon.

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  • John    Dec 9, 2021

    In our area, it's raining too much. Due to this everything has come to a standstill. There's floods every where. Even some blocks that we had made were destroyed. We are hoping the rain will stop soon.

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  • John    Dec 6, 2021

    With the last zidisha loan I bought a new motor bike for transportation in my glowing business. It has helped me very much to up lift the business. I'm now making much profit. Thank you lenders.

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  • John    Nov 28, 2021

    With the last zidisha loan I bought a new motor bike to boost My transportation in my construction business. It's doing well. Thank lenders.

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  • John    Nov 19, 2021

    With the last zidisha loan I bought a new motor bike. This will help my business on transportation. I did an additional to some little saved money and bought it.Thank you zidisha lenders.

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  • John    Nov 17, 2021

    With the loan I'm going to buy another new motor bike to boost transportation in my business. This will help me alot because the one I'm using now is old and worn-out. By this transportation will be faster and make much money. Thank lenders for your kindness.

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  • John    Nov 16, 2021

    With the last loan, I bought an intelocking block making machine. It's doing well and I'm making much money. Thank you lenders.

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  • John    Nov 14, 2021

    Hello lenders, it's in bigg pressure to inform you about my construction business. It has been good since zidisha fundings. Now i make 30% more profit. I bought an intelocking block making machine that has improved my business. My family is alright. See the photos of a near by game reserve we soon visited with the family. Thank you zidisha lenders.

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  • John    Nov 13, 2021

    With the last zidisha loan, I bought an intelocking block making machine. I'm now making much money. The profit made is used to do some savings. For now I want to add the savings to the funds that I'm hoping to get from the new loan and buy a motorcycle. My family is doing well. We went for a tour in a nearby game reserve and enjoyed seeing different wild animals. You can see the photos bellow. Thank you zidisha lenders.

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  • John    Nov 12, 2021

    Hello lenders, I hope you are all fine. Me I'm good and going on well. The last zidisha loan has really helped to attain my goals. My business does more better. I make more profit. This is as a result after buying an intelocking block making machine. I thank you zidisha lenders for changing my life.

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  • Nick Gorrell    Nov 11, 2021

    Well done John, glad to hear that you are doing well. All the best for the future. Nick

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  • John    Nov 11, 2021

    The last loan from zidisha, helped me to buy an intelocking block making machine. I made this decision when I realized that in our building blocks has become a problem. Natural quallies are rarely found. Now this business is making money. Thank you lenders.

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