Name
Lydiah Nasimiyu
Member since
August 2013
On-time repayments
352 installments • 67%
Hallo Zidisha fraternity and the kind lending panel.My names are Lydiah Nasimiyu Wamalwa.I come from Nakuru County,Rift-Valley Province,Kenya,at a place called Langalanga estate.I am a single mother of one child who is called Teddy Wamalwa.Teddy is in class 7 at St.Xaviours Academy.
I come from a humble christian family foundation.I am the third born and we are Eight in number altogether in a our family,including my mother and my father.I am currently doing my own business which is selling electrical accessories and an M-pesa services ( withdrawing & depositing money through mobile phone)for my daily living needs.Thank you
After i completed my college level academics,i chose to open a business here at Langalanga Estate,Nakuru which deals with electrical accessories and an M-pesa services in year 2010.I have partitioned the 15*12 squared room into two parts.
In my electrical shop i sell sockets, bulb holders,cables,florescent bulbs,energy saving bulbs,cut-outs,wiring cables of all sizes e.g-0.05mm,1.00mm, and 1.05mm,among other electricity appliances.
In my M-pesa section,i offer M-pesa services (withdrawing & depositing money using mobile platform,Safaricom).It includes sending money and withdrawing money using mobile phone through the services rendered from the Safaricom limited.The trans-actions involves the Kenyan currencies and only available to the Safaricom lines only.I have been in this business for from the year 2010 and even today i have been depending on to this business for my family daily needs.
From a normal monthly sales and M-pesa services,i get to almost Kshs.85,000/=.After i restock my electrical shop and adds the M-pesa float, i get up to almost Kshs.24,000/= as my net profit.Out of the profit i get i pay my business rent,County annual license fee,my child's school fees,home rent and electricity bills and water.Then i am left with an average of Kshs.17,180/=.
From the net profit,i am comfortable that i will be able to be servicing my loan without any problem.I am also planning to extend my shop in terms of adding more electrical accessories which are on higher demand within.Through the Zidisha empowerment,i am sure that my business will grow much higher and i will also increase my M-pesa float to maximize my daily running capital.Thank you all in advance and it's my prayer that you will consider my business and fund it.Thank you.
First and foremost i would like to thank you lenders for the first Zidisha loan which i completed the repayment a week ago and also the zidisha team for giving me another opportunity to apply for another loan.I am hereby requesting for another loan so that i can be able to expand my business.i will use this loan to increase my float in the mpesa because when one has enough float to run the business,customers will always be many.The remaining balance will be used to buy electrical accessories from dealers in Nairobi which is cheaper compared to buying in in Nakuru county.This will yield more profit thus improving my life and my business grow.Through this, i will be able to improve my son's life through giving a better education and a comfortable life.I would urge lenders to support me in making this purchase because at the moment i don;t have enough cash to expand my business.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
Jun 10, 2014
Repayment status
On Time
Projected term
4 months
Other loans
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Amount repaid
$155.81
Amount remaining
$0.00
Date repaid
Nov 4, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 17, 2014 | $7.79 | Jun 17, 2014 | $7.79 |
Jun 24, 2014 | $7.79 | Jun 25, 2014 | $7.79 |
Jul 1, 2014 | $7.79 | Jul 1, 2014 | $7.79 |
Jul 8, 2014 | $7.79 | Jul 8, 2014 | $7.79 |
Jul 15, 2014 | $7.79 | Jul 16, 2014 | $7.79 |
Jul 22, 2014 | $7.79 | Jul 24, 2014 | $7.79 |
Jul 29, 2014 | $7.79 | Jul 29, 2014 | $7.79 |
Aug 5, 2014 | $7.79 | Aug 5, 2014 | $7.79 |
Aug 12, 2014 | $7.79 | Aug 5, 2014 | $7.79 |
Aug 19, 2014 | $7.79 | Aug 13, 2014 | $7.79 |
Aug 26, 2014 | $7.79 | Aug 20, 2014 | $7.79 |
Sep 2, 2014 | $7.79 | Aug 27, 2014 | $7.79 |
Sep 9, 2014 | $7.79 | Sep 3, 2014 | $7.79 |
Sep 16, 2014 | $7.79 | Sep 10, 2014 | $7.79 |
Sep 23, 2014 | $7.79 | Sep 18, 2014 | $7.79 |
Sep 30, 2014 | $7.79 | Sep 25, 2014 | $7.79 |
Oct 7, 2014 | $7.79 | Oct 2, 2014 | $7.79 |
Oct 14, 2014 | $7.79 | Oct 10, 2014 | $7.79 |
Oct 21, 2014 | $7.79 | Oct 16, 2014 | $7.79 |
Oct 28, 2014 | $7.79 | Oct 23, 2014 | $7.79 |
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