Shopkeeping

Stephen

Viragoni, Kenya

38% repaid

Entrepreneur

Name

Stephen

Member since

February 2013

On-time repayments

45 installments  •  24%

About Me

My name is Stephen Mateso Kalume,Im a youth yet married lives with my family at home.I live in Viragoni sub-location in Kayafungo location Kaloleni Division Kilifi county within the Coastal region of Kenya.Im a shopkeeper,Immedietely after my school started the business.Im a class eight leaver,could not go beyond class eight reason being money, as money is power.I started this business basically to earn a living and to atleast improve my life.I purchase various items:detergents,food stuffs,plastics,milk,clothes,fuel etc.Also pay for school fees,food,transport and clothes for my brothers and sisters and my parents.Hope to expand even more and even open other branches else where for better income.

My Business

My business is shopkeeping,it provides the selling of commdities in a shop to people/shopers.There is demand of these goods because in my area there no big shops hence people are forced to travel long distances inorder to shop.So by establishing an extensive shop around the area will have solved a great problem.My customers prefer to my business because Im faithful businessman and that my prices are not all that over high.The business is profitable because in a day you can save atleast one thousand shillings profit.Risks that face my business is transport and security.My typical monthly income is ksh:35000/= and my monthly expenditure is ksh:20000/= my profit is ksh:15000/= of which I can repay Zidisha loan comfortably.

Loan Proposal

I will use the loan as follows: I will buy 5sacksmaize 50kg@ksh: 4000/= total ksh:20000/= equivalent to $227.73, 5sacks sugar50kg@ksh:5000/= total ksh:25000/= equivalent to$284.66, 3sacks rice50kg@ksh:5000/= total ksh:15000/= equivalent to $170.80, 4containers containing a total liters of paraffin of 62.5 Liters worth ksh 5000/= equivalent to $56.93.With these commodities in my business will greatly improve my income in addition it will help my clients from travelling far distances in search of the same commodities. This will save my clients from diverse calamities that can find them on their way that is as far as their security is concern.

Feedback

6

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$732.00

Date disbursed

Aug 4, 2014

Repayment status

Late

Projected term

7 months

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Ask Stephen 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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  • bconrad    Dec 1, 2014

    Dear Lenders,

    Due to a data entry error, a payment from Stephen on November 21st was entered multiple times erroneously. Once this error is fixed in our system, the funds in your lender accounts will decrease accordingly. We apologize for this error and any inconvenience it causes you!

    Thank you,
    Bayle, Country Liaison Manager

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  • Rachael101    Oct 23, 2014

    Hello Stephen;

    How are you? Hope you and your family are doing well?

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  • Stephen    Aug 19, 2014

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    • Rachael101    Aug 20, 2014

      The store looks great.

      Do you make the biscuits yourself? They look yummy.

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  • Stephen    Aug 19, 2014

    Hi! my donors, I thank all of you for your kindness and generous contribution to my loan that I applied from Zidisha. Currently I'm undergoing some problems in that there is scarcity of the commodities that I had intended to purchase as my stock in my business, therefore inrespect of this I wish to request more time at least four more weeks so that I get the items. All the same I wish to tell you that I will by no means let you down.Thanks and may God bless Zidisha community.

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    • McDermotts    Aug 19, 2014

      Hi Stephen, all businesses have set backs. Thank you for keeping us all informed and I do hope that business picks up again soon. I for one, am happy with the delay. kind regards Jim

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    • Rachael101    Aug 20, 2014

      Thank you for keeping us up to date, really appreciate it.

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  • Kitty    Aug 5, 2014

    Best wishes for your future plans

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  • Rachael101    Aug 2, 2014

    Hello Stephen;

    I can tell that you are an ambitious young man and I know that you will be very successful. I am anxious to hear how you will progress with you business plan ( I was impressed by the detail in your plan).

    I won't wish you luck because your business accuman is more than enough to triumph over small bad days. Talk to you soon.

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  • Samuel    Jul 12, 2014

    Hi Stephen,
    It seems you have to always push your luck too far!

    You're back fundraising with the same blurred photo.

    You must be the luckiest borrower on Zidisha to achieve full funding with same photo.

    a concerned VM.

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    • Stephen    Jul 13, 2014

      Thanks for your response but truly I have experienced some problems in upploading the best photo in my profile page so if could be explained on the cause for the failure would try. Avise!!!

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    • Stephen    Jul 13, 2014

      Hallo Mr. Samuel I tried to change the profile photo but still could not as when saving the photo after upploading it does not save,it indicates that changes saved but embarrasingly will find that the blurred photo is the one appearing on the profile page.Please advise!!!

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  • Stephen    Apr 3, 2014

    More thanks to Zidisha team for the empowerment you gave me.My business so far is going on well only with few challenges of which the entire country experiences the same.I have a little bit expanded my business in terms of stocking and transportation.
    In terms of sales,I have improved quite tramindiously about 64% and will extremely improve once I add another bike for enhancing transportation.The bike supplies commodities in various kiosks from my shop and truely this has added value to my business.It my prayer that I open some kiosks or shops in other areas so that I reach many clients who are in need of my services and commodities.Thanks Zidisha for creating the difference and may God bless you.

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    • KM    Apr 20, 2014

      Hello Mr. Kalume - I notice that your current loan application is not funding very quickly - and I think I know why - your main photograph is not the best. I suggest that you replace the photograph that appears at the top of your profile with the photo of you in your shop which you posted in September. I hope that this will really help you!

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      • Samuel    May 25, 2014

        Hi Kilmeny,

        I share your view on his profile photo. Its too dull to attract much need attention.

        If the loan expires partly funded, he has the profile photo to blame.

        VM Shehi

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        • Stephen    May 27, 2014

          Hi! Shehi Samuel,today I have taken a good photo saved it to my Zidisha profile.The camera that I used previously could not produce clear photos.If anything please let me know

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      • Stephen    May 27, 2014

        Hi! Kilmeny I'm sorry for the inconvenience I have changed the profile photo(uploaded and saved it to my Zidisha profile) Please confirm and anything let me know.Thanks and God bless Zidisha.

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      • Stephen    Jul 13, 2014

        Hallo Mr. Kilmeny I hope I did as per your directives but still could not as when saving the photo after upploading it does not save,it indicates that changes saved but embarrasingly will find that the blurred photo is the one appearing on the profile page.

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  • Stephen    Mar 17, 2014

    I wish to thank the entire Zidisha community for making it possible small business-men and women access for loans at a considerable interest rate.Thank the Almighty for you and may you be blessed.Currently my business is doing quite well.I have managed to get a new brand bike for transport of my goods to the shop and to my clients village.This has improved my shop activity run well and business has been running well now.The bicycle was worth ksh:5000/=.I hope this will add value to my business and hopefully improve my income.Thanks and may God bless Zidisha in-advance.

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  • Stephen    Sep 6, 2013

    Hi! Zidisha team,wish to thank the entire Zidisha team for the great effort and the will to empower me from all the way Kenya.This is a great and precious opportunity to you as micro-lending group gave me and with this I don't take it for granted,may God bless Zidisha team.My business is now going on well,following your assistance/empowerment you gave me.I have greatly improved on my stock and more customers have come to my business as I don't run-out of stock and also the prices are faverable fare.New commodities have been introduced to meet the needs of my customers and due to this high records of income have been experienced to my business hence more profit.Finally congratualate my honerable donors who contributed to my loan,they have made all the difference.Hope that the season may be constant so that I finish up my loan in time and go for the second loan for higher development.Wish to thank Zidisha for choosing small scale business-men like me and positively affect them by boosting their businesses.

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  • Namaste250    Apr 12, 2013

    Dear Mr. Kalume,
    Are there enough hours in the day for all your hard work? It looks like you are an excellent businessman who will wisely use the Zidisha loan.
    Best wishes for health, continued success and prosperity, Ann

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    • Stephen    Mar 10, 2014

      Its my great plessure to thank Zidisha community its determinations for making it possible getting loans and boosting our business.Wish to thank Zidisha for comming-up with these idears.Up-to date my stock have been up-to date and so far have registered more costomers to my business.My vissions and ambitions or future dreams are hoped to becoming to clear focus.I aim to even expand my business even thrice as much as it is now for high income.I have also identified some other new commodities which are requested by client of which presently I'm not in position finacially.Hope all go well immediately after the acomplishment of this present loan will aply for a bigger loan which will fit to the needs of my clients and for sure will improve my business.

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      • Kitty    Mar 10, 2014

        Glad things are going well, thank you for the feedback and best wishes for the future of your business

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