Selling metal roofing sheets and cement to homebuilders

Fredrick Omondi

Bumala, Kenya

86% repaid

Follow Fredrick Omondi How it Works

Entrepreneur

Name

Fredrick Omondi

Member since

February 2014

On-time repayments

120 installments  •  80%

About Me

Am Fredrick omondi .am 34yrs and a stamen Christian who is a extrovert and very hardworking, a father of two and I love my family .i like reading inspiration and motivational books’.
I live in Bumala have interest In real estate business and large scale farming which an planning to invest in the future I did my o level in the year 1999 at sigalame high school
I did my post dip at the UN and HIV management and have applied a degree course in business management .i have been in business for along time .
my family have been running the business since when I was in class seven I have been helping them in the shop most of the time and is from there is where I learned about the business management
I am also believe in principalities of God for my day to day spiritual fulfillment.

My Business

I do own hardware shop in Bumala town.To be sincere the capital i used to start this business i got after selling part of my land because i couldn't able to afford that much capital.Fortunatly now i have manage to buy another land to replace the one i had sold with the earnings from my business.
At my shop i sell nails,iron sheets,cement,paints,flats and many other small small components of a hardware.I have many customers because of good prices i offer and besides that i offer means of transport for those who buys many products.
Bumala and its soroundings is growing and people are building hourses all over so the demand of hardware is required too.Sales may add to KES 150000,average cost of KES 110000 and profit of KES 28000 though not exact.

Loan Proposal

Thank so much zidisha for offering me these great chance to support my business from these I will get roofing nail for 150/= per kilo which I will get a profit of 50/= per kilo I will get 20 kilos for 3000/=,since is raining in Kenya know and many roof are being renovated I will get 15 for 11,250/= pieces of iron sheets which I will buy for 750/= which I will get 100/= profit after selling for 850/=.I will get 10 cement for my store for 7500/=which I will get for 750/= after which I will sale for 850/=after which I will get 100/= profit per bag .finally I will get some paint for my customers who want to repaint their premises I will get them for 700/= for 1 tin of paint I will sale them for 750 at retail price from my present sales I will be in great position to pay my loon with no stress and from the great support from Zidisha I want to say for the month my business will be in great position to kick from the present level to the next level once again Zidisha thanks so much

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$450.00

Date disbursed

Mar 20, 2014

Repayment status

Late

Projected term

27 months

Other loans

Feb 2014:  $150

Lenders

A

Anninymouse

Southampton, United Kingdom

Feldborg

Stuttgart, Germany

investor

Candiac, Canada

davelowe100

Perryville, United States

Silver

Steiermark, Austria

W

Walekkelson

Brisbane, Australia

C

cjmenchaca

Austin, United States

rasmus

Bern, Switzerland

M

mkellerman

Shanghai, China

F

Forfex

Zurich, Switzerland

Sarasota

Sarasota, Fl, United States

L

LenoMetus

Perth, Australia

C

CZC

Lake Zurich, United States

C

cranejoad

cazenovia, United States

O

OrientExpress

Tokyo, Japan

HealthcareProvider

Baltimore, United States

dlpringle

Denver, United States

G

GreenMoney

Lahr, Germany

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

KrautFunding

Hamburg, Germany

T

tejora

Finland

B

Believe

Belgium

J

Jmatasovsky

United States

D

dsneider

United States

M

maltman

United States

G

gerard

Netherlands

S

stevenmays

United States

C

ccraig

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Fredrick Omondi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Fredrick Omondi    Dec 18, 2014

    hi zidisha i have some shortage that occurred in my business and it has affected my business at large .also due to the fact that the children have open school i have used a lot of money on the school matters and i have spend alot of money which has made me abit broak and it i stand by paying that amount i will have areas that will led to my credit limit not to rise .thank you for your consideration.

    Log in to reply • Share

  • Fredrick Omondi    Nov 13, 2014

    i will like my loan to be rescheduled to 100 because my business has gone down and my target is bit challenging since am the bread winner i found if a challenge because i have been spend a lot in school fess i wil like the zidisha fatinity to place consider my request since i promise when my business comes up i will pay my loan in full

    Log in to reply • Share

  • Dorine    Oct 30, 2014

    hi zidisha i have contacted fedrick and and visited him .He has been having some family problem that has affected his business at large apart from that his business was robbed and these to has been a cause for his fall he has promised that come next month he will reschedule his loan and he will pay the loan

    Log in to reply • Share

  • Fredrick Omondi    Sep 27, 2014

    Hi lenders i thank you for your loan.Currently the business is not doing fine and more capital is required to be pump in.As i told that i manage to get some contract in primary schools to supply cement allow me to reschedule my payment so that soon i can get enough capital to manage these contracts.The last supply have been paid so i want to repay my loan so to get next time enough capital to supply before am paid.Thank you

    Log in to reply • Share

  • Fredrick Omondi    Sep 13, 2014

    Hi lenders i thank you for your loan.Currently the business is not doing fine and more capital is required to be pump in.As i told that i manage to get some contract in primary schools to supply cement allow me to reschedule my payment so that soon i can get enough capital to manage these contracts.The last supply have been paid so i want to repay my loan so to get next time enough capital to supply before am paid.Thank you

    Log in to reply • Share

  • Fredrick Omondi    Aug 6, 2014

    I want to thank the zidisha family for allowing me have these loan for the second loan i want to say that i have been having good time with zidisha but only recently i have had some problem with my business and i have been spend to much and personally i have been break i will please ask the zidisha to please pardon my i will pay these bill in installment of 3000 when i pick up in business

    Log in to reply • Share

  • Fredrick Omondi    Jun 25, 2014

    i will like my loan to be rescheduled to 247 because my business has gone down and my target is bit challenging since am the bread winner i found if a challenge because i have been spend a lot in school fess i wil like the zidisha fatinity to place consider my request since i promise when my business comes up i will pay my loan in full

    Log in to reply • Share

  • Fredrick Omondi    May 15, 2014

    hi zidisha i have some shortage that occurred in my business and it has affected my business at large .also due to the fact that the children have open school i have used a lot of money on the school matters and i have spend alot of money which has made me abit broak and it i stand by paying that amount i will have areas that will led to my credit limit not to rise .thank you for your consideration.

    Log in to reply • Share

  • Fredrick Omondi    Mar 7, 2014

    Hi lenders i thank you for your loan.Currently the business is not doing fine and more capital is required to be pump in.As i told that i manage to get some contract in primary schools to supply cement allow me to reschedule my payment so that soon i can get enough capital to manage these contracts.The last supply have been paid so i want to repay my loan so to get next time enough capital to supply before am paid.Thank you.

    Log in to reply • Share

  • Fredrick Omondi    Feb 8, 2014

    Please i kindly request your support.Thank you

    Log in to reply • Share


Loading...

Loading...

Loading...

Explore

Act

Connect

Account

© 2009 - 2024 Zidisha, Inc.   •   Terms and Privacy   •   Contact