Security solution firm registration

Dennis

Meru, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Dennis

Member since

February 2014

On-time repayments

9 installments  •  0%

About Me

Dennis Kalikidane is a Private Security Adviser in Meru, Kenya. He is a qualified IT Specialist and has had three years experience with the security sector having worked with a leading security firm in Kenya. His experience with the firm did not go well however as they started released his salary late during the month and with major surcharges involved. This was a hard to cope with especially with the hard economic situation experienced in Kenya. It was due to that fact that he decided to start up his own security firm that would provide vast security solutions to a wide clientele base. The income generated from the firm caters to his personal needs and helps his brother achieve his dream of becoming a qualified IT specialist himself!!
He is a professional with significant conceptualization and practical experience on people management, jointly with his career mentors; He has had an opportunity to address employee relations as well as motivation with an aim of increasing general output and productivity.

My Business

With the recent security threats faced in Kenya, most people are seeking more professionals in the sector that will help in giving solutions to better curb the menace. My business is already managing some clients but is experiencing a major challenge as it is not registered as a company yet. This in turn lowers my clientele base. The loan requested shall help in meeting the cost of the registration process which in turn shall help my customers gain more trust and belief to my business hence widening the client base and income generation from the services provided.

Loan Proposal

Over the past few months, I have lost opportunities of serving a would-be major clients due to the fact that my firm has not been registered as a Limited Company by the Registrar of Companies in Kenya. this in turn has made my monthly income insuficient for my needs especially due to the fact that i do support my brother through his university. If given the loan, I will top up to the amount with my little savings to register my firm which costs approximately 250 dollars. If this does go through, my monthly income rate shall increase drasticaly hense sufficience in my expenditures.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 24, 2014

Repayment status

Late

Projected term

2 months

Lenders

J

jjonas

berlin, Germany

rasmus

Bern, Switzerland

SmeeAgain

Dublin, Ireland

Hedwich

Gorssel, Netherlands

A

anagnan

BRUXELLES, Belgium

E

Escalada

Bakersfield, CA, United States

V

vrthe99perc

KUALA LUMPUR, Malaysia

anonymous

Huntington, United States

O

osubucks45

United States

M

Michi

Switzerland

Ask Dennis 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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  • Faith    Feb 5, 2015

    kidly dennis start repaying the loan. these lenders are doing some good job to us.

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  • Jane    Jan 19, 2015

    Hello lenders
    Am really sorry that Denis is not paying his loan,I made a call but he didn't pick ,lets hope he will be in a position of doing his payments willingly

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  • Michi    Jan 3, 2015

    Hello Dennis,

    How are you doing? Can you give us a quick update on your business?

    Thank you

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  • Jane    Dec 9, 2014

    Dear lenders,my last communication with Dennis, he promised. To. Pay back is loan,once he gets settled to work after an accident.
    Lets hope one day he will fulfill the promise

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  • Hedwich    Nov 29, 2014

    Hi Dennis,

    Could you provide us with an update on your situation?
    Are you still planning to start repaying once your business gets back on it's feet?

    Hedwich Daman

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  • anonymous    Nov 9, 2014

    I don't know why I can't leave feedback on a written-off loan.
    Feedback: NEGATIVE. Repaid nothing.

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  • Valentine    Sep 7, 2014

    Dear Dennis it's good that we share with you some lenders and i believe they are not happy when you are not making any payment.Please kindly communicate with them they will be happy and understand your situation.

    Thank you

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  • Jane    Sep 3, 2014

    Hello lenders, .
    Have just spoken with Dennis, he is much willing to pay a d continue with the program once his income gets back to normal.
    Hope he will recover financially soon.

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  • Jane    Aug 4, 2014

    Dennis, am happy to be your vm
    Lets hope for the best soon
    nice time

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  • Joseph    Jun 9, 2014

    Hi Dennis, I would kindly like to know if you were able to reschedule your loan because it still appears in arrears. I would greatly advise you to first post whatever you have and then try rescheduling. I also encourage you to update your Lenders on your business and how you are faring.

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  • Dennis    May 19, 2014

    I also have tried rescheduling my repayment period but it seems not to work with my account. Kindly advice on what step to take.
    Regards.

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  • Dennis    May 19, 2014

    This is to kindly express my sincere apology over my late notification
    over the above matter. For the past two months or so, I was involved
    in a wrangle with some of my friends where I had lost some of their
    laptop machines totaling to 7 of them that saw me head to court and
    ultimately loosing the cases that came in with a heavy fine that I
    had to pay for. At one point in time, I was held at the police station
    until a bond was paid for my release. The same has had me entangled
    with major debts, took a major chunk of my time and more of spending
    to earning.

    I have never defaulted any loan in my entire life nor has it ever been
    my intent at any point in time and I ask you to kindly
    consider my plea and maybe offer an alternative to the repayment of
    the same .

    If considered, I Promise by all means possible to repay the amount.
    Take this message as a guarantee to my intention of repayment.
    Kindly advise where possible.
    Looking forward to your positive response.

    With kind regards,
    Dennis M. Kalikidane.

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  • Joseph    Apr 18, 2014

    Hi Dennis,
    Your loan seems to be past due by two installments. Would you kindly update your Lenders on your business status and when you are likely to start your payments. You may also wish to reschedule the loan for your convenience.
    Best Wishes,
    Joseph.

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  • Joseph    Apr 15, 2014

    Hi Dennis,
    I would kindly like to remind you to post your payments which is already overdue as soon as possible to Zidisha:
    Pay bill No.600201
    Ac/No. Your mobile phone No.

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  • Dennis    Apr 5, 2014

    Due to the lengthy period of my company's registration process (min of 3 weeks) and the current expense to maintain my companys status after toping up for the registration has theron increased. This is due to the fact that the operational expenditure is still the same and i had used up some amount to top up to the registration fee hense a negative to my account. My intentions to repay the loan is still there and I'm terribly sorry for the inconvinience caused and pledge my commitment to the repayment.

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  • Dennis    Mar 23, 2014

    Thank you all for the offers that you've made. It really means a lot to me... My company shall finally be registered and my income increase drastically due to your help. Really humbled beyond words!

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  • Dennis    Mar 23, 2014

    That is kind of you guys...thanks biggie for the bids! Only 32.51 $ to go and my dreams turned to reality...

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