Promoting my business

Erick

Chavakali, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

February 2015

On-time repayments

171 installments  •  61%

About Me

My Name is Erick Ndeda aged 28yrs old 1st born in a family of six, three girls and three boys, i live in Chavakali, Vihiga County in the Western region of Kenya. I am single and well educated. i attended Steadfast Educational Centre where i completed my Primary education in 2004, later joined Kibabii High school where i completed in the year 2008. I am a graduate from Kenya Methodist University and hold a degree in Bachelor in Business Information Technology.

My Business

I operates a Cybercafe at Chavakali market along academic street, i started operating my cyber cafe four years ago and the business has been doing great. I have been facing a lot of challenges in my business due to technology hitches, i don't have enough modernized computers & printers, i operates eight computers and two printers. I chose this type of business because its growing really fast since everybody needs internet and computer services. I usually earns Kshs 1000-1500 daily and use them to finance my Education and promote my business, pay my employee, rent and other services.
The first loan i received helped me a lot in upgrading the computers i use having repaid it i am requesting for a second loan which i intend to use it in renovating the the business premise i use, thank you zidisha for making me actualize my financial freedom.

Loan Proposal

I would like to Thank Zidisha team for the loan and giving me this chance to promote my Cyber. i have been in the business for quite long and i have faced alot of challenges like having less computers and slow internet and my plan is to purchase new computers and a photocopier which will help me win alot of customers. for now i do printing and send my customers to another place so that they can do the photocopy. am very sure with Zidisha money i will achieve my target. thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 13, 2015

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$105.35

Amount remaining

$0.00

Date repaid

Jul 14, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 22, 2015 $5.54 Mar 20, 2015 $5.54
Mar 29, 2015 $5.54 Mar 28, 2015 $5.54
Apr 5, 2015 $5.54 Apr 4, 2015 $5.54
Apr 12, 2015 $5.54 Apr 12, 2015 $5.54
Apr 19, 2015 $5.54 Apr 19, 2015 $5.54
Apr 26, 2015 $5.54 Apr 26, 2015 $5.54
May 3, 2015 $5.54 Apr 29, 2015 $5.54
May 10, 2015 $5.54 May 6, 2015 $5.54
May 17, 2015 $5.54 May 18, 2015 $5.16
May 21, 2015 $0.37
May 24, 2015 $5.54 May 21, 2015 $2.37
May 22, 2015 $3.16
May 31, 2015 $5.54 May 22, 2015 $0.35
May 27, 2015 $4.07
Jun 1, 2015 $1.12
Jun 7, 2015 $5.54 Jun 1, 2015 $0.75
Jun 7, 2015 $4.79
Jun 14, 2015 $5.54 Jun 7, 2015 $0.75
Jun 18, 2015 $4.79
Jun 21, 2015 $5.54 Jun 18, 2015 $0.04
Jun 22, 2015 $5.49
Jun 28, 2015 $5.54 Jun 28, 2015 $5.16
Jul 6, 2015 $0.37
Jul 5, 2015 $5.54 Jul 6, 2015 $5.52
Jul 10, 2015 $0.02
Jul 12, 2015 $5.54 Jul 10, 2015 $5.54
Jul 19, 2015 $5.54 Jul 10, 2015 $0.70
Jul 14, 2015 $4.84
Jul 26, 2015 $5.66 Jul 14, 2015 $5.66

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