Pool table to expand my recreation business

Joel

Wanyororo B, Kenya

19% repaid

Entrepreneur

Name

Joel

Member since

January 2014

On-time repayments

193 installments  •  24%

About Me

My names are Joel Maina,born in the year 1974.I am an orphan and the only child in my family, brought up by my grandparents.I am married and blessed with children.I went to school at Osembo Primary School and later joined Jomo Kenyatta High School. In both levels i scored passes. I later enrolled my self in Wanyororo polytechnic and i underwent tailoring course and opened a tailoring shop, which has been my source of livelihood. 9 months ago i started a Pool Table and Dart board business branded,"Joel Recreation Center". The earnings that i get from my two businesses are used to purchase materials for sewing shop and pay rent and pool attendant and the rest used for daily upkeep of my family

My Business

My business goes under the brand name of "Joel Recreation Center ".It is a well established business since it has been in operation for 9 months.My business deals in offering recreational services where youth play pool table and Dart games at a reasonable fee.The demand of my recreation business has sprung up since i have been able to acquire a significant number of pool table and darts' clubs' members and non-member customers for the 9 months.My customers prefer my business since its situated in a busy shopping center and i also provide membership and games charges at a fair fees.The biggest challenge am currently facing is having only one pool table which is not serving the increased number of clients well. My monthly fees revenue is about 15000ksh and my typical monthly cost is about 6000ksh thus getting a profit of 9000ksh n/b;this revenues are not fixed as they sometimes surge up to thrice the above stated figures.The amount given will be used to purchase a brand new pool table hence increase in revenue

Loan Proposal

I am hereby requesting a loan of $265 (ksh. 20,000). I will use $212 (ksh.20,000)to purchase a brand new pool table , $21.2 (ksh. 2,000)to buy pool balls, $15.9 (ksh.1,500) to buy pool sticks and $15.9 (ksh. 1,500) rent a house

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$262.00

Date disbursed

Jun 24, 2015

Repayment status

Late

Projected term

30 months

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

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  • Joel    Oct 29, 2015

    low season for my business

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  • Joel    Sep 16, 2015

    My business is suffering an economical blow due to prevailing spell of draught. Again my landlord has hiked house rent and am looking for another one. Thank you for assisting me in my endevors.

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  • Evans    Sep 15, 2015

    i have called Joel Main again and has promised to pay in by monday next week. Baya

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  • Evans    Aug 14, 2015

    i have just called Joel Maina and has promised to pay by next week monday. Baya

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  • Joel    Jul 11, 2015

    I wish to inform my esteemed lenders that my new pool has not picked. I have spent My savings from my first pool table to topup funds that you lent me to enable me purchase my second pooltable and the cue sticks. I promise to pay as earlier agreed once it picks and earn enough profits. Thank you in advance mostly for the support you extended to me.

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  • Joel    Jun 27, 2015

    Thank you my lenders for granting me a privellege to realize my dream. I have bought the intended pool table and i hope that all will be well.

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  • Joel    Jun 23, 2015

    To my dear lenders,
    Thank you big for the great help uuo have accoeded me.
    As stated in my request I will purchase a new pool table. This will help me expand my recreation business and increase my daily revenues and hence my profit.
    Once more thank you and thank you very much indeed

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  • Collins    Jun 20, 2015

    all the best in your venture

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  • Joel    Jun 16, 2015

    Hi expecting that someone with goodwill wil help me achieve my target. good day!

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  • Joel    Jun 10, 2015

    Dear lenders may i start by saluting you. You are my heroes!
    Let me also thank you very very much for the past first loan you extended to me generously. May God Bless You Abundantly.
    Your loan has helped boost my tailoring business. My sales increased due to increase in the investiment in the business. With the profits earned i bought a pool table and a dart board and started a Recreation Center. My family is now happy and enjoying the benefits of Zidisha loan. This is my second loan that am applying. I intend to expand my recreation business through buying another pool table to suffice my customers.
    I can see great potential and great growth in my business. Kindly fund me to help me realize my vision. I promise to repay the loan as agreed.

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  • Evans    May 9, 2015

    I have just called Joel Maina and has promised to pay in by Wednesday next week. Baya

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  • Joel    Apr 23, 2015

    May i start by greeting all members of zidisha family.
    It is a pleasure to share a bit of benefit of loan that zidisha extended to me. The ksh. 12,754 zidisha gave me, i have the pleasure to say that my lifestyle has changed drastically. I boosted my tailoring shop. profits generated from the sales have helped me start some other projects like kales growing and chicken rearing. I have also constructed a shop which is about to be complete soon.
    I owe a big thank you to my lenders and the whole zidisha team who jave been with me in all seasons- pick and low. I hope to apply for a larger amount loan once i complete repaying the current one.
    Thanks alot to all.

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  • Evans    Apr 4, 2015

    I called Joel Maina today and has promised to pay in by Tuesday next week. Baya

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  • Evans    Mar 9, 2015

    I have called Joel Maina but was not available. Will give the feedback tommorow. Baya

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  • Joel    Jan 3, 2015

    Happy New Year zidisha fraternity! may i take this moments to thank all zidisha family for their continued support over the past year.
    I want to thank my lenders who have made a difference to my business: may Almighty God Bless you abudantly. Loan that u gave me have increased my profits by double digits. Recently i started a vegetable growing project with the profits gained and my family can now enjoy extra nutrtional and financial benefits: thanks to zidisha.
    In this new year that have just started I hope that more people will be reached by this noble program of " disentangling brother an sisters from the octopusic grips of poverty and hopelessnes".
    I WISH ALL ZIDISHA A HAPPY AND PROSPEROUS 2015.

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  • Evans    Dec 1, 2014

    hi, i have called Joel Maina who has claimed to have been having some family problems but has promised to pay in by thursday 4th December 2014. Thanks Baya.

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  • Evans    Oct 16, 2014

    i have talked to joel via phone and he had a problem logging into his zidisha account but he is active and have reminded him to pay as per the schedule

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  • Joel    Jul 17, 2014

    Dear Zidisha brothers and sisters, the best thing that have ever happened to me in my life in business was discovering ZIDISHA. I applied for my first loan in january. This loan has really boosted mya business and i now can cherish the fruits of my hands.Since acquiring that loan a new phase has been launched to the betterment of my family's livelihoods and business thriving. I now can afford butter on toast in breakfast menu and an employee in the business. (photo upload tells the story) I thank the zidisha fraternity for hp they extended to me.

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  • Joel    May 27, 2014

    THANK YOU ZIDISHA FAMILY FOR THE SUPPORT YOU GAVE ME. I HOPE I HAVE NOT INCONVINIENCED YOU IN REPAYMENTS. GOD BLESS YOU ALL

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  • Joel    Feb 6, 2014

    zidisha people ,you are awesome .you have assisted me to realize my dream and make the wheel roll. May god bless you for the generosity you have showed. may it count on you like Job of Bible that "my (your) riches come form rescuing a poor man from crocodiles mouth".
    Thank you very much

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