Raising cash to buy a refrigrator

Wilson

Nakuru ,heshima Estate, Kenya

100% repaid

Entrepreneur

Name

Wilson

Member since

February 2014

On-time repayments

106 installments  •  65%

About Me

My name is wilson. I am married with one kid. My family and i live in Nakuru town at Hehima estate. My wife and i run a salon/barber shop in the nakuru town central business district. We both commute to and from town to estate daily.From monday to saturday, on sundays we attend church, we are also planning to open a small charity organisation in order to help local orphans and less fortunate around my hood.
The business is located in a building called care guest house opposite k-rep bank ground floor rm 21B.
I completed form four level education in the year 2009. I couldn't continue with formal education partly due to lack of finances and partly because i believed my future was in business. I then did a series of casual jobs in town for six months and raised some money that i used to enroll for a six months hair dressing /beautician course at vera beauty college in nakuru town. upon completion i worked in various salons as an employee earning commission.
In the year 2012 November i started my own salon business where i was later joined by a lady Now my wife with whom we still partner to date.
In addition to normal salon/barber duties we also sell beauty products to our customers.

My Business

my business includes a salon and a barbar shop. i also sellbeauty products like shampoos ,hair dyes , chemicals and other. i have two employees who i pay a commission for work done on dailly basis. the following are my monthly expenditures in Kshs: Rent 15,000 , Water and electricity 5,000 and transport 3,000. I earn about KES 2000 daily ( 60,000 in a month) .This translates to a net profit of 35,000 to 45,000.
when i get the loan ,i want yo add more beauty products and ornaments which are on high demand. i expect to raise my income by about 400 shillings daily. with this , i will pay the loan as well as grow my business.

Loan Proposal

My previous loans did well(thanks to my selfless lenders) and so far i can't regret joining ZIDISHA .
I am raising money to buy a refrigerator and put it in my shop to store and keep fresh soft drinks which i will be selling to my clients as they will be waiting or after being attended to for refreshment.
With this, my sales will increase and i will earn more profit, there fore, i will be able to pay back my loan in time.
Locally, a refrigerator costs ksh40,000(USD445). I kindly request my lenders to help me raise this amount so that i can buy it.
i will be grateful to have one, thank you all and my God bless you as you stretch a helping hand to me, i accredit you all for the lives of many people you have changed from nothing to something, and that is why i always turn on to you and am hoping for positive response, and i believe soon i will be a potential lender.
Thank you Zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$282.00

Date disbursed

Mar 5, 2015

Repayment status

On Time

Projected term

14 months

Lenders

G

GalantnostS

Hong Kong, Hong Kong

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

jmorris

Boston, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

C

CrazyCanuck

Nepean, Canada

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

F

farwest

Alamo, United States

B

bugsheep

Houston, United States

Jouni

Finland

AdvancingCompassion

San Diego, United States

N

nanax005

SALEM, United States

ads68

Melbourne, Australia

A

Aaron

Zurich, Switzerland

O

ommthree

Egg, Switzerland

jan73

Eugene, United States

Zal0m0n

Atlantis!!!! x), Mauritania

P

Pavane

Kungsbacka, Sweden

G

guggl

Vienna, Austria

G

GanSatya

United States

R

RohitSingh

Montreal, Canada

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

J

Jonas

Linköping, Sweden

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

J

JonAlec

United States

Grant Xavier Storer

Seattle, Wa, United States

T

Tim47

United States

M

M.Umar

Pakistan

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

UD

Ulf D

Frankfurt am Main, Germany

MW

Matt Willis

United States

PT

Pattie Thomas

United States

H

Hakon

Drammen, Norway

Ask Wilson 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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Summary

Amount repaid

$299.91

Amount remaining

$0.00

Date repaid

May 8, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 15, 2015 $15.99 Mar 15, 2015 $15.99
Mar 22, 2015 $15.99 Mar 23, 2015 $15.99
Mar 29, 2015 $15.99 Mar 29, 2015 $15.99
Apr 5, 2015 $15.99 Apr 5, 2015 $15.99
Apr 12, 2015 $15.99 Apr 12, 2015 $15.99
Apr 19, 2015 $15.99 Apr 19, 2015 $15.99
Apr 26, 2015 $15.99 Apr 26, 2015 $15.99
May 3, 2015 $15.99 May 3, 2015 $15.99
May 10, 2015 $15.99 May 10, 2015 $15.99
May 17, 2015 $5.00 May 17, 2015 $5.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $8.79 Jun 21, 2015 $8.79
Jun 28, 2015 $8.79 Jun 28, 2015 $8.79
Jul 5, 2015 $8.79 Jul 5, 2015 $8.79
Jul 12, 2015 $8.79 Jul 12, 2015 $8.79
Jul 19, 2015 $8.79 Jul 19, 2015 $8.79
Jul 26, 2015 $8.79 Jul 27, 2015 $8.79
Aug 2, 2015 $8.79 Aug 2, 2015 $5.49
Aug 10, 2015 $3.30
Aug 9, 2015 $8.79 Aug 10, 2015 $7.69
Aug 16, 2015 $1.10
Aug 16, 2015 $8.79 Aug 16, 2015 $7.69
Aug 30, 2015 $1.10
Aug 23, 2015 $8.79 Aug 30, 2015 $7.69
Sep 6, 2015 $1.10
Aug 30, 2015 $8.79 Sep 6, 2015 $7.69
Sep 13, 2015 $1.10
Sep 6, 2015 $8.79 Sep 13, 2015 $7.69
Sep 27, 2015 $1.10
Sep 13, 2015 $8.79 Sep 27, 2015 $7.69
Oct 11, 2015 $1.10
Sep 20, 2015 $8.79 Oct 11, 2015 $7.69
Oct 18, 2015 $1.10
Sep 27, 2015 $8.79 Oct 18, 2015 $7.69
Oct 19, 2015 $1.10
Oct 4, 2015 $1.98 Oct 19, 2015 $1.98
Oct 11, 2015 $0.00
Oct 18, 2015 $0.00
Oct 25, 2015 $0.00
Nov 1, 2015 $0.00
Nov 8, 2015 $0.00
Nov 15, 2015 $0.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $0.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $1.65 Mar 13, 2016 $1.65
Mar 20, 2016 $1.65 Mar 20, 2016 $1.65
Mar 27, 2016 $1.65 Apr 3, 2016 $1.65
Apr 3, 2016 $1.65 Apr 3, 2016 $1.65
Apr 10, 2016 $1.65 Apr 10, 2016 $1.65
Apr 17, 2016 $1.65 Apr 18, 2016 $1.65
Apr 24, 2016 $1.65 Apr 24, 2016 $1.65
May 1, 2016 $1.65 May 1, 2016 $1.65
May 8, 2016 $3.98 May 8, 2016 $3.98

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