New shop restocking project

Nicholas

Litein, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

July 2016

On-time repayments

49 installments  •  49%

About Me

Things are looking good for me now, the business is now okay with little hitches but manageable. the thrill that I can support my family and still manage to help employees, that's the spirit that keeps me going, for me to be happy people close to me need to be happy too. life is a circle today it's me tomorrow it's you when high on the life ladder pull someone with you, am sure I have done that and will continue doing so for I know that am yet to reach the top ladder but for now someone is pulling me up too.
best time is family time and family time is where my soul rests.

My Business

My business has grown from the last time I was here, now I do music recording, have been able to purchase music recording items, and also a video production unit this has greatly improved the income stream, now clients come to a one-stop-shop, record music, replicate the music on CDs or DVDs and go sale, hence helping many music artists around the town am in.
gross income on a good month is about USD 600 but after expenses, I take home about USD 200. now the business has evolved and it's pushing me to invest more in technology we currently have a youtube channel https://www.youtube.com/layonmedia and it has helped us a lot.

Loan Proposal

The 5000ksh will help me buy a few matte papers, cd sticker papers and one or two packets of empty dvds.
after reselling i will be restocking before repayment time reaches and when i see business is slow i will set aside little by little amount towards achieving repayment amount on time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Oct 11, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Cloudways

Malta, Malta

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

JA

Jared Anthony

CT, United States

PG

Paul Graham

United States

MS

Mark S Yourek

United States

Jonathan Ely

Aldershot, United Kingdom

F

Frank

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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

Please log in to comment.

  • Nicholas    Dec 8, 2017

    i closed the business for a while.

    Log in to reply • Share
  • Dorothy    Nov 4, 2017

    Hi Nick kindly make arrangements to pay the zidisha loan. Have called you and you haven't kept your promise

    Log in to reply • Share
  • Esther    Nov 3, 2017

    nicholas will pay up as soon as he gets the money as the he is financially down

    Log in to reply • Share
  • Nicholas    Oct 12, 2017

    the political climate did affect my business

    Log in to reply • Share
  • Dorothy    Oct 4, 2017

    Hi, you are in arrears kindly pay

    Log in to reply • Share
  • Nicholas    Jul 18, 2017

    Hi
    i missed all major campaign printing jobs, i was relying on zidisha but they could fund me on time. am currently on pending disbursement status for almost a month but since its there rule i have no say but to wait patiently if they fund its alright if they don't life must continue. there work is noble they know what they are doing.

    Log in to reply • Share
  • Nicholas    Jul 6, 2017

    missed some order for T-shirts coz dint have enough money, i hope i get these soon so that the next client will not pass me.

    Log in to reply • Share
  • Nicholas    Jul 5, 2017

    what a lovely day.

    Log in to reply • Share
  • Nicholas    Jul 3, 2017

    Thanks for funding me. now i can purchase the printing materials i wanted.

    Log in to reply • Share
  • Nicholas    Jul 2, 2017

    As new month starts am optimistic that my vision of this month and its expectations will come to pass and i will have the lenders to thank for.

    Log in to reply • Share
  • Nicholas    Jun 26, 2017

    because we are nearing election month here in Kenya, more people will be coming for poster designs and printouts. hence with this money i will be able to stock more ink and printing papers while i anticipate for more customers to come.
    my family is fine the business has been able to sustain us though we haven't had time and enough money to go for a holiday for now am sure things will work out and money will be on no issue.

    Log in to reply • Share
  • Nicholas    May 30, 2017

    Have been down financial but currently upto date on my payments.
    thanks for the patients.

    Log in to reply • Share
  • Dorothy    May 20, 2017

    Hi Nick, you have defaulted in your loan repayment. Kindly make arrangements to pay

    Log in to reply • Share
  • Nicholas    Apr 18, 2017

    Thanks for funding me and at such quick time.
    I will use the funds to purchase and locate a reliable supplier for the ricoh toners.
    I still thank you and may you be abundantly be blessed.

    Log in to reply • Share
  • Nicholas    Apr 18, 2017

    The previous loan did help me alot, though i was behind in my repayments, i did manage to clear. I have changed some structures in the business so that it can run while am not around the shop.

    Log in to reply • Share
  • Nicholas    Jan 20, 2017

    Due to many power rationing income has been low, but its only temporary they say for a month or two, then power supply will be normal,
    would like to reduce to 500 a week but when i have good money i can pay more.
    thanks in advance.

    Log in to reply • Share
  • Nicholas    Dec 7, 2016

    Hi
    I have received the amount i had applied.
    i had ordered a UPS and it came did send them money today through M-Pesa here in Kenya.
    Thank you and God bless you.
    Nick

    Log in to reply • Share
  • Nicholas    Dec 5, 2016

    Thanks for fully funding my project.
    This amount will help me pay for a new UPS so that i can safe guard my computer systems.
    I thank you and say may you have more and abundance in you life.

    Nick

    Log in to reply • Share
  • Nicholas    Dec 5, 2016

    Hi
    I had been approved for the loan but today i see that it is 12% funded and the UPS that i had ordered has arrived.
    but any ways patients pays, let me wait.
    thank you.

    Log in to reply • Share
  • Nicholas    Nov 29, 2016

    I will send for the UPS right away.
    the UPS will help protect my computer systems from power fluctuations, of-late we have been having so many power interruptions due to heavy rainfalls on this part of the world (kenya, Kericho County).
    I thank you for being helpfull and mindful funders.
    thank you.

    Log in to reply • Share


Loading...

Loading...

Loading...