New motorbike to supply office stationaries to customers

Dancan

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Dancan

Member since

March 2014

On-time repayments

341 installments  •  82%

About Me

My name is Dancan mong'are, I was raised in a family of 5 brothers where I am the second born, my father is a self employed in a lumbering industry while my Mom is a small scale farmer. I decided to start my computer service business so that I can support myself in my education and other personal emoluments . Currently I am pursuing my degree program in purchasing and supply management at Jomo Kenyatta University of Agriculture and Technology Nakuru CBD campus. My entire business helps me to relieve my parents from the strains of catering my studies and that of my brother's who are also at college "Kisumu polytechnic" . From my business I am able to pay my rent, bills and it also helped me buy myself a laptop which I use to do my research and assignment at school.

My Business

My business is a computer service program that deals with type setting, photo printing, internet services and computer software repairs. The goods I sell in my business include: printing papers, envelops, pens and pencils. My customers prefer my services since they are served very fast and get the goods at the lowest prices compared with the nearby competitors and this attracts many customers to my business, which means more profits. In a month it costs me in maintaining and replacement of printer parts including ink cartridges, purchase of more stock such as printing papers and other stationery, but also it earns me sales amounting to not less than ksh.25,000, giving me an average profit of kshs. 10,000 to kshs.18,000

Loan Proposal

My computer service business has been good thanks to Zidisha loan. Dealing in provision of computer service and at the same time selling office stationary.The goods I sell in my business include: printing papers, envelops, pens and pencils,exercise books,mathematical sets, rulers. My customers are mainly students and several schools. They prefer my services since they are served very fast and get the goods at the lowest prices. The demand is very high especially by schools that want me to supply them in bulk hence the need to have a personal means of transport to deliver the goods. The most appropriate and affordable means is via motor bike since it is cheaper and consumes less as compared to other means like hiring motor cars.

A new motor bike will cost me $950. $400 from zidisha loan and $550 from my savings. I will be so glad of your support.

Thanks

Show original English  

About Me

My name is Dancan mong'are i was raised in a family of 5 brothers where i am a second born and my father is a self employed in a lumbering industry while my Mother is a small scale farmer. i decided to start my computer service business so that i can support myself in my education and other personal emoluments . Currently have graduated with a degree in purchasing and supply management from Jomo Kenyatta University of Agriculture and Technology Nakuru CBD campus my entire business helped me to relief my parents from the strains of catering for my studies ,personal study expenses and that of my brother's were also at college "Kisumu polytechnic" . from my business am able to pay my Rent bills and also helped me to buy myself a laptop which i used to do my research and assignment at school. it also helps me in supporting my siblings with their school feels since as for now my dad is jobless and their yields from small scale farming does not help enough.

My Business

my business was offering computer cyber services that included printing, photo printing ,photocopying,scanning, binding and laminating. Then i was introduced to zidisha organization which enabled me to purchase improved machines that helped me run my business smoothly . But after my Graduation in November 2016 from JKUAT (Jomo Kenyatta University of Agriculture and Technology) my business earnings became unstable and started to fall . Thats when I saw an opportunity in Bodaboda which is transporting peopleand goods within Nakuru town using a motorbike. I decided and sold out all my business equipments and bought 2 brand new motorbikes and traded in the one i used to deliver goods and services to my cyber customers for the 3rd new one. Now i own 3 motorbikes whereby i operate one and lend the other 2 to people who offer me $3 a day. My business is unique in that my customer always trust me for delivering their goods ,believe in me for safety riding and prefer me because i respond to their phone calls almost immediately or giving them a genuine reason to wait for a few minutes in which they do.
With my motorbike I make atleast $5 to $10 a day earning me atleast $55 aweek and an additional $38 from the other two making upto $80 a week less all the expense. I do service my motorbikes twice a month for the better performance and durability guarantee which costs me fixed $27 and rarely change of tubes that i consider emergencies. I love my business since it enables me to pay all my bills ,rent,repaying my loan evenly without much strain and still safe upto $140 a month. Am so grad to be a benefited member of zidisha, thanks to zidisha Team for changing my Life.

Am now happy that with zidisha helping me expand my business . it has also enabled me support my young brothers with paying their school fees and thus reducing the strain of my parents they have been going through our well being.

Loan Proposal

My computer service business has been good thanks to Zidisha loan. Dealing in provision of computer service and at the same time selling office stationary.The goods I sell in my business include: printing papers, envelops, pens and pencils,exercise books,mathematical sets, rulers. My customers are mainly students and several schools. They prefer my services since they are served very fast and get the goods at the lowest prices. The demand is very high especially by schools that want me to supply them in bulk hence the need to have a personal means of transport to deliver the goods. The most appropriate and affordable means is via motor bike since it is cheaper and consumes less as compared to other means like hiring motor cars.

A new motor bike will cost me $950. $400 from zidisha loan and $550 from my savings. I will be so glad of your support.

Thanks

Feedback

8

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None

  • Mary    May 7, 2018

    Great Borrower!

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    • Dancan    May 8, 2018

      Thanks Mary, i never disappoint. Thank you very much for lending me

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  • djkmoran    Sep 26, 2017

    I am not surprised at all Dancan on you yet again repaying another loan! Absolutely fantastic - wishing you continued success!

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    • Dancan    May 10, 2018

      Hellow djkmoran. Its been long time since i heard from you. Hope you doing good.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$460.00

Date disbursed

Jul 2, 2015

Repayment status

On Time

Projected term

7 months

Lenders

korben

VILLENAVE D'ORNON, France

P

PlutusNOR

Trondheim, Norway

M

Mårten

Inden, Switzerland

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

T

Tui1974

nuenen, Netherlands

fairspirit

Utrecht, Netherlands

tonnyschonewille

Maastricht, Netherlands

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

A

andreab

United States

djkmoran

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

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  • Dancan    Oct 30, 2022

    Bad economic time to raise much money since business went down that led to my earnings too. I sold 3 of my motorbikes and 4 that are remaining are with many faults that i havent repaired yet to get them back to work.

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  • Dancan    Dec 13, 2021

    my mom is still sick but am soon restarting to repay my loan asap.

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  • Dancan    Jun 20, 2021

    still raising money for my sick mum. who needs more than 1million for Hip replacement surgery on both joints.

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  • Dancan    Mar 26, 2021

    here is the link to joining my whats app group.

    chat.whatsapp.com/DMPNU3I21...

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  • Dancan    Mar 26, 2021

    here is my whats app contribution group if you can be touched and help us raise the funds for her surgery. thank you in advance

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  • Dancan    Mar 14, 2021

    my mom is sick am trying my best to get repayments on track.

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  • Dancan    Feb 7, 2021

    hello zidisha my mom got sick since 2019 that i have been struggling to make ends meet and cover hospital expenses with existance of Covid 19 last year it has been a struggle for me . right now she need s hip replacement surgery of ksh. 1.5million please understand once she gets well it will be easy for me to get back to business and repay.

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  • Dancan    Jan 24, 2021

    my mom became so ill since june. 2020 when my business was so low untill now she needs hip replacement surgery is the reason why i am unable to make any repayment since we have been on and off different hospitals utill now we have been adviced to raise funds to enable Her undergoe an hip replacement surgery at Tenwek mission hospital that will cost ksh.1.5 million. am praying for your prayers towards this hard times and your contribution too for support towards settling this bill.

    once she gets well i get back to my business i will repay the amount in full.

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  • Dancan    Nov 26, 2020

    my business has not resumed to normal but am trying to figure out to find a paying job so that i can continue with my higher repayment.

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  • Lilian    Nov 25, 2020

    Dancan has financial issues but promises to reschedule his payment to a lower amount until he stabalises

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  • Dancan    Oct 7, 2020

    since the pandemic of covid -19 my business has been so low since people moved to rural and many businesses closed down.

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  • Wilberforce    Jul 3, 2020

    I have called Dancan, and he has said we give him time as he is financially down.

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  • Paul    Jun 26, 2020

    I was able to speak with dancan, he said currently his business is so low thsts why he hasn't been able to make payments but promised to start making payments once hes back on his feet.

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  • Dancan    May 29, 2020

    Busines has not resumed back to normal. though am trying to make ends meet.

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  • Janet    May 8, 2020

    Dancan said, his business is down at the moment and he's not able to make payments but he will do his best to resume making payments

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  • Dancan    Mar 24, 2020

    due to the worldwide epidarmic of corona virus outbreak. the business as gone so down since people are staying indoors no movements at all. i hope i'll get well when its over

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  • Dancan    Feb 12, 2020

    i would like to reduce my repayment for sometime to stabalizs my business project.

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  • Dancan    Jan 1, 2020

    the business is so down since people have travelled to up country and others are not in a rush. badluck to our job.

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  • Samwel    Nov 26, 2019

    hellon boss
    did you managed to get your loan ? wish you best of luck in your undertakings

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  • Dancan    Nov 20, 2019

    i would like to temporary reduce my installment so that i can settle some borrowed soft loans i borrowed to add on purchasing the piece of land and there after will concetrate on repaying back zidisha without any disturbances.

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