Loan to purchase a mini computer for my mobile business

Newton

Kabiria, Kenya

20% repaid

Entrepreneur

Name

Newton

Member since

December 2014

On-time repayments

48 installments  •  13%

About Me

I was born in Kitale Kenya 32 years ago. I grew up with a passion to become a pilot after my studies. This dream was never to be. I lost my mother while I was in class seven and this really affected my studies and my life as a whole. I completed my class eight Kenya Certificate of Primary Education exams and when the results were released, I passed but could not continue with my Secondary school education due to lack of cooperation from my Dad.
in 1999 I began doing small jobs in construction sites for a little pay until I began my little business mobile accessories which feeds me up to now.

My Business

I deal with mobile accessories, electronics and other house hold thins. I started this business after I got a small capital from one old man, an elder in ,my local church who felt that I had the potential to stand on my own through entrepreneurship. My business has grown just from a small thing to what it is today. I thank God because I can get house rent, pay school fees for my three boys and feed my family as well. I now seek to raise 100 dollars through Zidisha so that I can be able to add my stock and if possible buy a mini computer which can enable be track my stock on a daily basis.I know the hundred dollars are not enough, but I will add the others to accomplish my dream since a journey begins with a single stride. Kindly help me realize this dream of chasing away poverty.

Loan Proposal

I now seek to raise 100 dollars through Zidisha so that I can be able to add my stock and if possible buy a mini computer which can enable be track my stock on a daily basis.I know the hundred dollars are not enough, but I will appreciate and add the others to accomplish my dream since a journey begins with a single stride. Kindly help me realize this dream of chasing away poverty.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 22, 2014

Repayment status

Late

Projected term

11 months

Lenders

T

thebonseung

Republic of Korea

M

Malibu

Westwood, United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

LutianaPablo

Rome, Italy

M

matt

United States

JL

Jindou Lee

United States

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  • Dauglas    May 3, 2015

    Dear lenders, I have talked to Newton many times but as of now, I urge that other avenues be used to follow up newton's arrears. kindly zidisha go a head and use other ways given he is not responding to his promises.

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  • Norris    Apr 8, 2015

    I have talked to Newton Osuga over his pending late repayments and he promised to comply. am looking forward to see him keep his promise.

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  • Dauglas    Mar 19, 2015

    Hi Lenders, I have managed to reach Mr. Newton Osuga over the installments due for the past one month. Newton has had a problem over the past few days since he lost his part time job and that his business is not running very well. Another reason he gave me was that his last born daughter was sick so he spent most of his resources in hospital.But he has Promised to repay all his arrears and for sure, am optimistic about that. Kindly understand him.

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  • Newton    Jan 22, 2015

    Hi zidisha and lenders, Kindly I know am late with my repayments. I ask to reduce my next repayment installments to 200Kes. But the next after this week I will double it to finish my loan servicing early.
    This has been triggered again by one of my cousin who is also a dependent and who recently was involved in an accident, This has really affected my operation since am the only bread winner in that house. It is therefore a request that kindly allow me to make payments of 200 for this coming installment, the next one I will redouble it. Kind regards.

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  • Newton    Jan 16, 2015

    Hi, Dauglas, thanks for your message, am sorry av let my lenders down but I promise to revive my hopes, av been sick but now recovering. My business is not moving well either, but God will help me revive it. Kind regards.

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  • Newton    Jan 16, 2015

    Hi Zidisha, am so sorry for not honoring my promise to repay my installments on time. Am surprised my reputation has gone down. I have been sick for the past few weeks since new year. I was diagnosed with malaria and now recovering. I could not make repayments of my current loan on time. I kindly ask for forgiveness and you allow me to start repaying 300 Kes beginning this weekend. I will catch up eventually and finish my loan on time. Kind regards.

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  • Dauglas    Dec 21, 2014

    Wow!Wow! congratulations papa!go!go! get your mini computer now!your loan is fully funded. welcome on board

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  • Jindou Lee    Dec 20, 2014

    Good luck with it

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  • Newton    Dec 18, 2014

    Hi, lenders, amazed with your kind hearts to help me raise my loan. I am not connected to the internet so i have to travel to the nearest town for cyber, Thats actually why av not posted much on my profile here. Its the chief reason that I want to purchase a mini computer which can enable me communicate effectively online using a modem. I appreciate your continued support towards my Loan application. keep that spirit and God bless ypou.

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    • Newton    Oct 24, 2018

      hi zidisha lenders, i'm sorry for the delay caused of this long due time because of lost of contact but i'm happy to be back on the track. I humbly argue you not to submit my name to CRB i'm going to pull up my sock and clear my debt as soon as i can.Repayments will start this month GOD'S willing.Regards

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