Printing machine to print documents

Charles

Nyahururu, Kenya

39% repaid

Entrepreneur

Name

Charles

Member since

March 2015

On-time repayments

106 installments  •  51%

About Me

I was born in a family of 6; 3 girls and 3 boys as the last born. I then went to the local nursery school n later joined the local pry sch. Having come from my humble background, I knew I had to work extra hard to change my families living stardards. I always topped in my class upto class 8 where I set a record yet to be broken. I then joined Nyahururu high sch and through the hardship of matters pertaining school fees, I managed to pass well and I joined JKUAT main campus Juja where I take Bsc Applied maths and statistics.
Besides my little savings which i had made after the hustles in industrial area Nairobi after form 4, we teamed with my friend Steve and decided to start a clothes business. after struggles of taking clothes from one hostel to the other, we managed to open a boutique in Juja town.
The unique thing about the land I come from is that It's ever green growing all kind of vegetables and potatoes. The unique hobby I have is that I like playing catalogue quiz challenge.

My Business

My business is a boutique where I sell both clothes and shoes. I chose this business in because the population of Juja is mainly occupied by student who are so good in shopping. I sell my products at a profit so as to earn a living. I use my profit to pay for my rent, school fees and also to expand my business. Also, I have joined a group called Hands of Compassion Ministry (HCM) where we are visiting children homes to help the needy there.

Loan Proposal

After you have credited me the cash, I will add a little more cash and buy a multipurpose printing machine which goes for $500. This will help me to be able to print and photocopy assignments and projects for the students around Juja. This idea came to me when I noted that the population of student has increased drastically and there are very few printing machines around. Again the printers available are of poor quality making students suffer n travel far to find other printers. Also besides solving that problem, I will also make a fortune for myself which am estimating to be around $150 a month. I'll be glad when u credit me the funds.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$358.00

Date disbursed

Jan 14, 2016

Repayment status

Late

Projected term

66 months

Lenders

PG

Paul Graham

United States

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  • Stephen    May 19, 2017

    Dear lenders I communicated to Charles this afternoon,His business has not stabilized but he promised to make repayment soonest.

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  • Stephen    Apr 19, 2017

    Dear lenders Charles have been facing a difficult time in business due to lack of customers as a result of drought and the lecturers ,doctors strike.
    The condition is improving as the strike is now over and He promised to make his repayment soonest.

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  • Stephen    Mar 17, 2017

    dear lenders
    Charles have been undergoing great financial constrain I visited him and he promised to start repaying soon.

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  • Charles    Jul 6, 2016

    My business collapsed and an struggling to reestablish myself.

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  • Stephen    May 8, 2016

    dear lenders Charles is undergoing through a great financial constrain I am going though he promised to pay soonest.thank you for your understanding.

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  • Charles    Feb 20, 2016

    The business is very low at the moment. Its like not peak season yet

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  • Stephen    Feb 9, 2016

    dear lenders I communicated with Charles he have been undergoing financial constrains .He promised to make his repayment soon.

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  • Charles    Jan 13, 2016

    Hello. As I had said, I now will buy the printing machine as soon as possible. It will start operating immediately now that the semester has commenced and the work is available. This will ensure that I will maximize my profit and also help the students to have eaze in accessing a printer. I thake this opportunity to thank the zidisha team for the funding. It will really help me... Thank u a lot.

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  • Charles    Jan 6, 2016

    As proposed, I did purchase the beads in bulk to sell in wholesale and to make beauty products. The beads were giving a good returns especially when I made the beauty products like some which I had posted on my zidisha timeline earlier. My monthly sales gives me roughly $50-60. This profit ensure that I fully paid my Sep- Dec semester fees, I paiys my rent with ease, I increased stock, n above all I have been able to repay my zidisha loan in full and I did quality for the next credit. I was also able to furnish my house n bought my mother a water tank.
    For the holiday, we really enjoyed because I was also able to buy something for the Christmas. I also travelled to upcountry even after the bus fare was hiked by double.
    I take this opportunity to thank the zidisha team for the continued support u have given me. If it weren't for u I don't know what I would have achieved. Uve helped me financially and also ideologically. Gratitudes.

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  • Charles    Jan 5, 2016

    This is what zidisha has helped me achieve. I've become even more creative coming up with more complex bracelet which has good returns. Thank u

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  • Charles    Dec 2, 2015

    I am undergoing financial constraints and I cannot be able to pay much. This is because the business is not doing well at the moment but am hopping for the best.

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  • Charles    Nov 22, 2015

    Zifisha is more of a parent or a family. It just gives u credit n trust in u to be faithful just like a parent gives u fees n trust u to study.... So its our duty to deliver by paying back in time. Thenx zidisha team

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  • Charles    Nov 8, 2015

    I would like to increase the repayment amount because the business is now giving good returns. Thank u a lot for the loan. It has really changed my life.

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  • Charles    Aug 21, 2015

    Hi...I wish to reduce the installment amount due to job reluctant. This is due to closure of the university as the semister has come to an end. This has affected my business as most of my customers are students. The good thing is that this will be for less than two weeks before the next coholt resuming for their session in september.

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  • Charles    Aug 11, 2015

    Hi... I received the loan amounting to Ksh 17,914. With an addition of my little saving, I will buy my beads as I had indicated on my loan proposal. This will be a mission accomplished. I thank the zidisha team soo much for your help.

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  • Charles    Aug 7, 2015

    As I had indicated earlier on the loan proporsal, I will now head to the market and purchase the beads. This will help me to be able to supply my Customers within Juja town with the beads for their various uses. Again I will be able to make the beads produfts n sell them at a profit. I take this opportunity to thank the zidisha team for funding me. God bless u.

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  • Stephen    Aug 6, 2015

    Dear lenders thankyou for funding his project .He is a person of good faith and wont dissapoint you in repaying back.God bless you.

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  • Stephen    Aug 6, 2015

    wow brother congratulations for making it for funding

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  • Stephen    Aug 6, 2015

    dear Charles I see you have only a day to go I pray to God that you shall receive a generous donation in Jesus Christ Name. success.

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