New laptop to market my business online

Stephen

Nairobi, Kenya

53% repaid

Entrepreneur

Name

Stephen

Member since

January 2014

On-time repayments

357 installments  •  32%

About Me

Personally am a born again christian since 2002 and I fellowship at JCC parklands.Am married to one wife and very soon to become a father.Been married for 4yrs.Am a marketer and as a result of it I developed an urge to create multiple streams of income so as to leverage on my monthly income and through this I have had a good response from whatever I set out to indulge into.Am one fellow that many have described me as ago gettter because as long as I have the passion and zeal towards something I will not rest till I get it.

My Business

I developed an interest towards fashion long time ago and after high school I immediately went to Gikomba and I would buy ladies wear and after sell I would make good money.This went on until I discoverd other ways of getting new clothes locally without having to incur the cost of flying out and this time around I switched frrm doing ladies stuff to Mens clothes because I realised that was one unmaximized opportunity that many business guys had not utilised.I looked for orders first from friends,weddings and also from churches like where I worship I got the opportunity to be supplying uniform to the worship team and choir.This has created a demand that am planing to get a stall within CBD since I have been doing mobile.For example a designer shirt I purchase it from sh.1000 and end up reselling it at sh.1500.I can summarise by saying that on a monthly basis I have been in a position currently to atleast make sh.5000 profit having deducted all costs and am seeking a loan to get more stock I intend to begin selling designer shoes for men which cost upto sh.5000 a pair.

Loan Proposal

Hi lenders let me begin by saying that am proud to be part of this great family.My first loan I got from zidisha was about $150 and this money saw me introduce new clothes for men and also men accesories like shoes.This was a major breakthrough because at first I could not afford a stall/shop for my business which I use to operate in a mobile system.Having clients that I supply clothes to like choir uniforms for men and also during occasions like weddings I have been able to grow my business as a result of my first zidisha loan.Am glad to report that I managed to repay it on time and now I have an opportunity to apply for second one.

Am planing to get a LAPTOP for the following reasons:
1.To create a platform online to market my stuff and with a personal laptop I believe I will not be limited as to when i should get in touch with my clients.
2.To have a good book keeping as early as now since my business is at a very important stage if I manage it a professional way am good to go.
3.The laptop will also aide in finding out the latest trends online since Kenyans are so unique in fashion.This will enable me to buy the right clothes and shoes for the men hence avoiding dead stock
4.With the laptop it will assist me to engage more with my customers.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.00

Date disbursed

Jul 2, 2014

Repayment status

Late

Projected term

82 months

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  • Madesto    Apr 3, 2021

    i called stephen and he promised to pay the dues by 1st of may.

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  • Madesto    Mar 3, 2021

    STEPHEN AGREED TO ADJUST HIS REPAYMENTS AND STARTS REPAYING VERY SOON.

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  • Stephen    Feb 23, 2021

    Am not in a position to repay the current amount

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  • Duncan    Feb 7, 2021

    He will be able to continue repaying the loan as soon he gets another contract.

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  • Stephen    Jan 19, 2021

    Out of the current economical hardship.Am in a very tight situation with no source of income it's difficult to raise even the set weekly minimum but once things are up and running il resume payment.

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  • Duncan    Jan 4, 2021

    I communicated to Kariuki and he is yet to settle his loan arrears in a span of one week from today.

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    • Stephen    Feb 7, 2021

      I don't know such a person by the name Duncan and I have never had any conversation with him.Please STOP using my name or speaking on my behalf

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  • Stephen    Dec 7, 2020

    My biggest concern is where did the figure of sh.6000+ per week originate from .I have never indicated that I can pay such an amount.

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  • Stephen    Nov 17, 2020

    Am currently abit low and with no consistent work am not in a position to make the current payment.

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  • Stephen    Oct 21, 2020

    Am currently not in a position to be paying full amount due to economical hardships . Therefore in that regard I would like to change my payment schedule so as to be in a position to pay the little I can manage .

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  • Stephen    Sep 7, 2020

    Am requesting to adjust my payment due to hardships in this modern times .

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  • Stephen    Jul 28, 2020

    I have reached a place where I cannot manage to repay this loan as I would wish hence the request to lower my weekly premium .

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  • Stephen    Jun 25, 2020

    Due to the current situation I feel am beginning to wear down financially hence the reason for request to reschedule my payment plan .

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  • Stephen    May 6, 2020

    In this difficult moments my financial situation has been affected and that's why I wish to readjust my weekly amount

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  • Stephen    Mar 26, 2020

    In this Perilious times I have found myself in a tight position financially but am committed in repaying this loan eventually.Thus I request to adjust my repayment

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  • Stephen    Feb 11, 2020

    I am currently facing some financial instability with low income levels hence the reason for delayed payments.I wish to adjust my weekly payments.

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  • Stephen    Nov 14, 2019

    Am still committed to repaying my loan despite my current financial stand but I will keep trying .

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  • Stephen    Sep 11, 2019

    Hi Team Zidisha,kindly capture this payment that I made though with a different line but I indicated the account as my number.

    NI66EWQM98 Confirmed. Ksh500.00 sent to Zidisha Inc. for account 0705801721 on 6/9/19 at 4:45 PM

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  • Stephen    Sep 9, 2019

    Hi Team Zidisha,kindly capture this payment that I made though with a different line but I indicated the account as my number.

    NI66EWQM98 Confirmed. Ksh500.00 sent to Zidisha Inc. for account 0705801721 on 6/9/19 at 4:45 PM

    Log in to reply • Share
  • Stephen    Jul 9, 2019

    Am currently facing some financial constraints and hence the reason for request for readjustment .

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  • Stephen    May 22, 2019

    currently am not in a position to pay the set amount for I have a lot going on and am very committed to seeing I finish this loan

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