Purchase a sugarcane juice machine for commercial purposes

Erick

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

June 2014

On-time repayments

313 installments  •  43%

About Me

My names are Erick Ndwiga Kenya citizen by birth, am the 1st born in the family of three, I live in Kitengela town which is located off Mombasa road, i operate a cab business/ company which is situated in upperhill Rahimtullar towers, I cleared my ‘O’ level in the year 2009 and joined University of Eldoret where i studied Diploma in Tourism and wildlife management and cleared in April 2013, I will be graduating in December this year for my Diploma. I decided to start up a cab business because i didn’t want to sit down and wait for my graduation day yet i needed money for my personal use. I love playing football and traveling or visiting historical sites. I

My Business

My business is on the transport or rather Tourism industry in Nairobi Kenya, Tourism has peak and off peak seasons so not full time , i sometimes get bookings with companies like Pwc Kenya and Ecolab East Africa and friends, for me to have a fleet of car's i have to start somewhere and for sure one day my dreams will be valid, as an entrepreneur i believe, Food,Accommodation and Transportation is the way to go.so my side business falls on the Food sector, i started with chicken or Poultry, which is supports my Transportation business

Loan Proposal

I wish to apply for a 6th loan of $1600 payable in equally monthly instalment $60 weekly,as my Poultry business is still operational ,my Poultry business this year wasn't very stable, almost half of my Poultry was affected by a disease which killed my chicken hence affecting my supply, so i had to do research of another business that can boost my needs or lifestyle, The first step i took was to get a store on a strategic location ,it was a challenge since such stores has to be paid for 2 months rent deposit and a goodwill, the cost was $70.this made me to even sell my motorcycle for me to get the shop,first come first served,for sure the business is in a very strategic area and will pick so fast,so the loan will help me to purchase a SUGAR CANE JUICE MAKER, sugarcane juice is considered an alkaline forming food, because of the high concentration of calcium ,magnesium, potassium, iron and manganese in it,The juice has 10 major benefits, one can sell 15 l per day,The machine will cost about $1950 ,the balance of $ 350, i will finance from my Poultry business profit,my savings will also cater for the other expenses, looking forward for your positive consideration for the above loan, Thank you in advance. Sincerely. Eric Nthiga

Feedback

2

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  • Margaret    Sep 12, 2017

    Erick paid off his loan in a timely manner, I would gladly lend to him again.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,613.00

Date disbursed

Oct 18, 2016

Repayment status

On Time

Projected term

9 months

Lenders

Paul Buchheit

Mountain View, United States

Mike and Jacqui

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

M

Margaret

United States

A

Anonymous

United States

CY

Carly Yoshida

United States

Paul Buchheit

Mountain View, United States

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  • Frank Mwenda    Jan 20, 2021

    I tried to contact Erick but I wasn't able to reach him, I have spoken with one of his references who promised to help me get in touch with him

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  • Frank Mwenda    Dec 17, 2020

    I tried to contact Erick but he was not reachable, I spoke with his references who promised to speak with erick and remind him about his loan, i also requested him to ask him to contact me once I speak with him I will give an update.

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  • Timothy    Nov 10, 2020

    Erick promised to do something about his loan despite the prevailing hard economy.

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  • Timothy    Oct 8, 2020

    Ndwiga informed me that his business was not doing well that is why he has delayed. However he promised to make some repayment.

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  • Timothy    Sep 8, 2020

    I talked to Erick and he told me that he will make repayment next week Friday.

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  • Erick    Jul 10, 2020

    I hired my vehicle as self drive and the vehicle disappeared for almost 8 months with no payment ,the car was dumped at a police station ,I had to proof owner ship and spend a lot of time and money,the vehicle had been miss used ,I sold the vehicle at a throw away price,I am now trying to recover but with the Pandemic things are not so good,but I believe we shall overcome

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  • Erick    Mar 25, 2018

    Hello lenders, am so sorry I have delayed payments, I bought a pick up from the Government of Kenya at a good price that is by Auction ,but the repairs of the vehicle costed me more than I expected, finally the vehicle is now in good condition and will then need to go for inspection to get the number plates but unfortunately I don't have enough cash for the duty and registration now but I will get the cash by end of next month, please bear with me.

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  • Erick    Nov 9, 2017

    Hello Lenders,I had earlier a message explaining the current situation and i was to pay on monthly basis before i recover ,so it was not a permanent change but has seemed not to work,it is sad this has happened,but I promise you after my first pay I will pay a good amount,I had to adjust my repayment amount if the monthly schedule can't work at this time,sorry for inconveniences caused

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  • Erick    Oct 30, 2017

    I have managed to fix the vehicle details on the little cabs app so even after the car hire i can operate on such apps,am still on waiting list for uber kenya,this is because there are so many new cars waiting

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  • Erick    Oct 30, 2017

    Hello zidisha Team,First is to apologize for not communicating and for not paying on time,i officially got the vehicle on the 19th of this month it is now fully certified/complied for taxi business,has i had told you i had hire another car to maintain my clients for bookings which is paid Ksh 1000 per day,Business in kenya for the last 4 months has been tough due to the elections, There is this company called Ecolab i sometimes offer car hire services now and then,so immediately i got my car i replaced with the one that they had,due to the situation i did not want to take risks,what am now asking is you to allow me pay the loan on a monthly basis for a few months then i can get back to normal,because i will also be paid on monthly basis and it is done within 30 days after invoicing,i will be grateful.

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  • Isaac    Oct 22, 2017

    Hello ! I hope you are okay.Kindly update your Zidisha loans to qualify for more funds from Zidisha.

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  • Erick    Sep 27, 2017

    Hi lenders, ,i have undergone expenses that were behold my budget, First i was forced to hire a car before i got my own, am now required to pay for the vehicle inspection ntsa sticker, business permit for Nairobi city council, music copyright and the vehicle transfer, the vehicle budget slightly raised compared to the vehicle i had booked, i have also visited the uber office but there seems to be some delays but am on the waiting list as i gave them my documents,please bear with me as i change the installment temporarily so that I don't spoil my name, once am through i will get back to my normal installments, sorry for inconveniences caused

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  • Erick    Sep 22, 2017

    Hello Lenders, this is to inform you that the car that i had identified was sold on Monday the seller could not wait any longer since i was to do the transaction on Tuesday as i had traveled on Monday and i was to come back same day.today i have met with the owner of another car i wished to own, Honda Airwave we have agreed on the price and booked for insurance valuation on Monday and the car track device on Tuesday morning, God willing next week i will have the vehicle, thanks again for the support

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  • Erick    Sep 15, 2017

    Hello lenders,just received full amount of the loan,the loan took long than I expected but finally I have received the full amount,I had bookings from my clients and I had to hire a car for this month,hopefully next week I will get my own car,Thanks alot zidisha Team,you're the Best

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  • Erick    Aug 27, 2017

    Hello Lenders, was wondering if there is a problem with money transaction because on Thursday i received money but since then i have not received any amount,still waiting for full amount to be completed,Thanks

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  • Erick    Aug 23, 2017

    Hello Lenders, with the loan i will top up the balance in buying a new taxi that meets the uber standards, in this case i will maintain my former clients and get more through uber platform hence earning more money, Words cannot explain how grateful I am with Zidisha Team, i say a Big Thank you.

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  • Erick    Aug 22, 2017

    Hello lenders,just thought I should share my Company Name which is SAFMAN TRAVEL to the Team,incase you or your Friends are visiting Kenya, I will be ready and available to assist in Transport sector both taxi services and (safaris )Tours in our beautiful country,you can reach me via my email [email protected],Thanks in Advance.

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  • Erick    Aug 13, 2017

    The loan i just finished to pay i bought a Sugar Cane Juice machine, The business has made a difference in that it made my Taxi business run smoothly even with delayed payments, i had some difficulties some times because of the new location i moved to but still i could manage to pay the store rent cater for other expenses and still have some money to run my credit trips by fueling the car,i have been able to give my younger brother who has been in internship for 5 months now some up keep money,i live in Nairobi and as you know am in the Tourism and Transport industry we have a lot to visit around Nairobi and the surroundings.

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  • Erick    Jul 27, 2017

    Hello Lenders and the entire Zidisha family, am sorry for not paying on time, i have had some problems but i have solved already, i moved my shop to a new location, it took time to catch up, now i should be able to clear my balance ,Thanks a million times.

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  • Erick    Feb 2, 2017

    Am changing my repayment schedule because I have encountered some problems in my business,first in the beginning of this year the landlord increased the store rent,then after 12 days my machine broke down,all the same the business has not been good even on my transport business last month,things will be back to normal soon,please consider my adjustment of loan payment as I will get back to the original schedule,thanks in advance.

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