Purchase of New Vehicle to Support Mobile Appliance Business

Samson Muriithi Muthike

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Samson Muriithi Muthike

Location

Kitengela, Kenya

On-time repayments

218 weekly installments  •  77%

About Me

Hello Zidisha Family, my name is Samson. I am married and a father of two wonderful boys. I was born and raised in the Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has a lot of potential. I worked for two years after which I quit due to my passion to have my own business. In 2008 January, I started a small business of a video shop. My business has grown and now I have introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits go to school fees, family upkeep and expanding my business. My family is my joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my free time.

My Business

My business deals with electronics, that is, TVs, music systems, bulbs and electrical appliances. This is a fast growing urban centre, so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular, that is, three to four times in a month. Mostly the profits go to inventory, family upkeep and school fees. My future plan is to have a wholesale store and create employment.

Loan Proposal

Dear Lenders, I want to thank you so much for all your assistance and for uplifting my life in the most possible way. I am requesting a Loan of $820, that will enable me to purchase a second hand station wagon car. This car will help me so much in my business for goods transport in my electronic business. The total cos of the car will be $4,000 of which I have saved $3,300 from the business zidisha has helped me in funding. I am humbly requesting for your assistance to accomplish this important step. I want to thank you so much as I wait for your most valued decision to fund me. God bless you all.

Show original English  

About Me

Hello Zidisha Family, my name is Samson, I am married and a father of two wonderful boys. I was born and raised in Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has alot of potential.I worked for two years after which i quit due passion to have my own business. In 2008 jan, I pstarted a small business of a video shop. My business has grown and now Ihave introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits goes to school fees , family upkeep and expanding business.My family is my Joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my fre time.

My Business

My business deals with Electronics, that is Tvs, Music systems, bulbs and electrical appliances. This is a fast growing urban centre so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular that is three to four times in a month. Mostly the profits goes to inventory, family upkeep and school fees. My future plans is to have a wholesale store and create employment.

Loan Proposal

Dear Lenders, I want to thank you so much for all your assistance and for uplifting my life in the most possible way. I am requesting a Loan of $820, that will enable me to purchase a second hand station wagon car. This car will help me so much in my business for goods transport in my electronic business. The total cos of the car will be $4,000 of which I have saved $3,300 from the business zidisha has helped me in funding. I am humbly requesting for your assistance to accomplish this important step. I want to thank you so much as I wait for your most valued decision to fund me. God bless you all.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$827.19

Date disbursed

Aug 24, 2016

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: $41.36

Lenders

N

nani

austin, United States

JB

James Broderick

Cobham, United Kingdom

C

Christian

Saarbruecken, Germany

J

jra299

New York, United States

valentin

Stockholm, Sweden

B

BRWorthington

San Francisco, United States

investor

Candiac, Canada

Elinor

Maple Lake, MN, United States

TG

The Gwarden

Göteborg, Sweden

AdamP

Sunnyvale, United States

BelleStarr

Albuquerque, United States

AltruisticSelfishnes

Chicago, United States

E

erozlum

Istanbul, Turkey

J

Jmay2133

Fremont, United States

COOPITALIST

Toronto, Canada

DeanDropshot

Oslo, Norway

daibhmac

Luton, United Kingdom

EHTHighSchool

Egg Harbor Township, United States

ErikN

Stockholm, Sweden

J

jozua

Delft, Netherlands

johnnorris

Aberystwyth, United Kingdom

I

Interfree

Dubai, United Arab Emirates

Ambrose

Calgary, Canada

F

faical

Cologne, Germany

R

rcmssr

Woodbury, United States

A

Aloha

Cologne, Germany

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

L

lped759

Saint Paul, United States

C

cjmenchaca

Austin, United States

E

elkbrett

Bradenton, United States

Jeff and Marcie

Portland, OR, United States

RockinRobin

Centennial CO, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

J

jasonbronowitz

Tempe, United States

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

A

anonymous123

United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

skoch

Oslo, Norway

indeh

London, United Kingdom

T

TokyoBliss

Tokyo, Japan

M

missjoyy

Munich, Germany

S

StephenMichael

Burlington, United States

S

suzerain

Kuala Lumpur, Malaysia

andreasol

Bielefeld, Germany

A

aguayo

Silicon Valley, United States

R

RichardH

Manchester, United Kingdom

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

J

jzidi

Los Angeles, United States

R

rholden

glen iris, Australia

A

Austrian

Graz, Austria

eastcoastcanuck

Fredericton, Canada

Levanticus

Epsom, United Kingdom

AdvancingCompassion

San Diego, United States

L

loistf

Madrid, Spain

A

argos

Zurich, Switzerland

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

dhulsterwim

LIER, Belgium

U

UmSaeed

Southfield, United States

D

Dionne

Pembroke, Bermuda

swendl

Iowa, United States

N

Neutual

Victoria, Canada

Alina

Amsterdam, Netherlands

Bhayl

Stavanger, Norway

D

djschin

Heber City, United States

worldcitizen

Kutztown, Pa, United States

D

Diane

Blue Hill, United States

E

erogers

Vancouver, Canada

J

jerryq

Redding, United States

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

N

Norin

Germany

L

LukeTenney

Mayfield, Australia

M

Moamar

Grand Rapids, United States

D

d3witt

Cheyenne, United States

MichaelOsburg

Hochheim, Germany

T

tbogz

Singapore, Singapore

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

H

HomesteadSchool

Glen Spey, United States

T

Taupe

Balzers, Liechtenstein

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

ashleeandjeanelle

Auckland, New Zealand

CA

Chris and Janet

Portland, OR USA, United States

M

marcmesich

Kaohsiung, Taiwan

A

Andrii

Kiev, Ukraine

isabelv

Barcelona, Spain, Sweden

C

Colmena

Chicago, United States

C

colomar

Langen, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

G

gradient

KFAR SABA, Israel

H

HobbyCollector

Beach City, United States

P

Paleomagick

Eldred, United States

JFais

Atlanta, United States

FriendinOregon

Hillsboro, Oregon, United States

A

Adiuvo

United Kingdom

W

WidoStar

Bad Karlshafen, Germany

L

LenoMetus

Perth, Australia

JonB

London, United Kingdom

soniad

Dubai, United Arab Emirates

S

seikatsu

Palo Alto, CA, United States

GuillaumeTeissier

Montréal, Canada

andreatagliatti

Manchester, United Kingdom

D

Draka

South park, United States

Matthieu

Switzerland, France

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

JoaoManuel

Santiago Do Escoural, Portugal

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

B

BMcDermott

Washington, DC, United States

Sirko

Brandenburg An Der Havel, Germany

J

jinx83

Brisbane, Australia

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

M

mibrahim51

Mountain View, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

A

Alizar

Toms River, United States

S

SanderBeckers

Brussel, Belgium

mfrost3

Dakar, Senegal

L

lobotommy

OSLO, Norway

A

akshu71

Ottawa, Canada

G

GanSatya

United States

D

DanielW

United States

sderickson

Berkeley, CA, United States

M

martyb

United States

E

elhh82

Petaling Jaya, Malaysia

J

janakan

Hong Kong, Hong Kong

A

analyticsPierce

Denver, United States

OP

Old People

Corona Del Mar, United States

M

Malibu

Westwood, United States

D

drorm

United States

A

AileenH

United Kingdom

C

chrishol

United States

L

lenders

United States

A

adiipienaar

South Africa

S

spivurno

United States

Paul Buchheit

Mountain View, United States

N

Nijntje

Netherlands

F

FSO

Canada

M

Michi

Switzerland

J

jay12

Germany

K

karthich

Austin, United States

bb4dogs

United States

joshuacollinson

Vienna, Austria

S

sarah4d2

Saint Louis, United States

A

ajayhk

San Jose, United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

P

Panda6689

United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

B

bscent

Hong Kong

A

AlphaAres

Azerbaijan

G

Gavin

New Zealand

B

Boswags

United States

J

JonAlec

United States

TyrynyRed

United States

H

HLCharityFund

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

J

jdelaporte

United States

Loungin

United States

Mikers

Netherlands

K

Keith

Luxembourg

H

Heath

United States

K

KiraDee

United States

Otto Barten

Amsterdam, Netherlands

S

satheajay

United States

C

cocolo

United States

S

stryker75

United States

N

Nicolaas

Doha, Qatar

SV

sven vdk

Twickenham, United Kingdom

adrianz

United States

M

Millie_and_Babs

United Kingdom

M

Mscov

United States

C

Crainster

Chapel Hill, United States

R

rokbe

Netherlands

GaloLending

United States

alecors

Mexico, Mexico

A

andreab

United States

D

djlayton4

United States

Mike and Jacqui

United Kingdom

HL

Holly Laird

Austin, United States

S

Stephan

Netherlands

dust

Seattle, United States

Peter R

Fulda, Germany

Arne Bachmann

Hamburg, Germany

P

pombo

United States

T

TZ

Singapore, Singapore

M

Marcus86257

United States

Gab

Singapore

MJ

Matt Jenkins

United States

Dave Bogard

New York, United States

TM

Theo Mbise

Switzerland

M

mmartin

United States

Mark

Nijmegen, Netherlands

MW

Matt Willis

United States

T

Teresa

Australia

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

Elly

Woudrichem, United Kingdom

jtreyes

United States

PP

Pasi Paajanen

Helsinki, Finland

GF

Grace Franco

United States

E

erica

antwerpen, Belgium

Kevin

San Francisco, United States

M

Marc

Newcastle upon Tyne, United Kingdom

Mouhamed

United States

JD

Jeff DePree

United States

S

Selloman

Hamburg, Germany

George

Corvallis, Oregon, United States

Marcus M

San Antonio, Texas, United States

CNV

United States

Cristina Huesch

Canberra, Australia, Australia

RM

Robert Mulley

United States

TH

tom hd

United Kingdom

BC

Best Chapman

United Arab Emirates

Andri K

Baden, Switzerland, Switzerland

C

chryddi

United States

B

Brent

United States

Pedro R-C

Cambridge, United States

Brad Schilling

Bunbury, Australia

AH

ajay hampapur

United States

J

Jeff

United States

YK

Yonghwan Kim

Republic of Korea

Aran Dunlop

United States

Tobias

Frankfurt, Germany

MG

Mike G

United States

DL

Dan Lawrence

United States

Rosario von Li

San Jose, Ca, United States

A

Adam

United Kingdom

Eugen Stamm

Zurich, Switzerland

CR

Christine Randall

Brisbane, Australia

Der Dooley

Dublin, Ireland

TW

Tyler Wood

United States

JC

Justin cohan

United States

S

stevensau

United States

GG

Gituru Gitumbi

Seattle, United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

B

Boris

Bern, Switzerland

GC

Greger Cronquist

Göteborg, Sweden

HPK

Switzerland, Switzerland

Zack Stein

United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

ZA

Ziyad Alsufyani

Jeddah, Saudi Arabia

Sinan Taifour

Munich, Germany, Germany

DF

D F

United States

E

El

United States

J

jeananne

United States

J

Jon

United States

K

Katharina

Germany, Germany

H

Hans

Czech Republic

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

JS

Jason Strauss

United States

RG

Ryan Gough

United States

HCPSPIRIT

Helsinki, Finland

Charles Magnuson

Burlingame, California, United States

CJ

Carrie J

United States

GS

Gary Sinard

Franklin, TN, United States

R

Raffins

United States

LD

Linda Dee

United States

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

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