Entrepreneur
Name
Simon Munyua
Member since
October 2015
On-time repayments
315 installments • 84%
About Me
During my childhood within school holidays I would work for our neighbours, I would cut grass and weed there shambas. Slowly I would keep aside 10 percent of my earnings into a cash box as I was to young to open a bank account. I saved the money untill I was 18 which I had saved enough for me to purchase my first computer and would start working from the house typing assignments for my classmates. I continued the same routine of saving 10 percent of total income which enables me to buy another computer and start the bureau.
Currently I have had three Zidisha loans. The first one managed to inject in more stock to the my cyber business. I was able to buy more computers and a printer. The second loan I took I used it to inject into my farming business.
So far with Zidisha things have been looking up good. I am very great full and thus would request for funding to continue with the farimng business as we head to the rainy season. At the moment the money shall be used to buy potatoes seed and prepare the grounds. I have some photos of the work in progress and would share in a moment.
My hobbies including swimming and watching motorsports
My Business
Sell of photocopy services, cyber, computer repairs and sell of stationery items at section 58 nakuru town
The main reason for cyber services is to enable a common mwanainchi access goverment servcies since all goverment services have been taken online by the goverment.
Computer repairs and sell of stationery to the local schools in order to save for them time to go to town to access the same services.
Typical cost: Water and electricity bill., internet cost, salary , and rent.
Revenue : cyber , sale of stationery, computer repairs and sales, sales of sodas and ice cream
Thansk to Zidisha the cyber business is doing good, with this loan application I shall be able to split the money 50:50 Which I shall split and pump into the cyber business for the purchase of furniture and fittings. The balance of the amount I will use it in the farming business.
The profits I make i shall give 10 percent donation as charity donation for a church ministry in my local church. The rest of the profit I shall reinvest back to the business.
I know with zidisha I shall be able to complete the two projects with a success story
With the help of zidisha lenders I have also expanded my farming business of planting potatoes upto 2 acres. Thanks and be blessed zidisha lenders
Loan Proposal
Iam Requesting for another loan to expand the project, Iam looking for another piece of land adjust to the current project, I shall reuire capital to buy more seed, expand the work force and fertiliser as well as tilling of the land which I shall require more cash estimated project cost would be thirty thousand with fifteen thousand to to take care of overhead expenses which may arise during the 3 months, I hope to be considered for another loan.
Cost of hiring land 3000 tilling and planting 20,000 seed 15000 spray and fertliezer 4700
Balance of the cash stored for overheads.
Projected profit 50,000 after deduction of all expenses.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$454.00
Date disbursed
Sep 29, 2016
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
Hong Kong, Hong Kong
Saskatoon, Canada
Peterborough, Canada
Dublin, Ireland
Baltimore, United States
Berlin, Germany
North Carolina, United States
College Station, United States
charlotte, United States
Winterthur, Switzerland
[email protected], United States
Montreal, Canada
Corona Del Mar, United States
United States
Netherlands
South Africa
United States
Perth, Australia
New York, United States
United States
Germany
United States
Switzerland
Australia
United States
San Francisco, Netherlands
United States
United Kingdom
United States
Hong Kong
Ask Simon a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...