Stock for my bookshop

Eric

Thika, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

February 2015

On-time repayments

337 installments  •  51%

About Me

I managed to attend Gaichanjiru primary school, Mwangaza High school and Excel institute and done Certified public Accountant of Kenya (CPAK). My business Deals with education items.The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.
When i was in college i started a small shop of selling books, pens then later i expand my business into bookshop.
The unique this on my country they value education so much therefore making education items have higher demand. Even in our tribe are well know of sheer hardwork.
My children want to be a pilot when they grow up.
The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.

My Business

The items i started with were pens,books and other stationary.
I wish also to expand my business by opening a new bookshop in different area and also adding an Mpesa shop. In the area there is higher demand of books and also for Mpesa shop.
I choose this kind of business since it has higher profit and goods are not perishable.
My business ranges 15000 to16000 per day and expenses 3000 to 4000 per day. I wish to add an m-pesa shop to expand my business. In wish also to open a new book shop in different area.
The profits will help to expand my business and also to invest in capital shares. It will also help me in up bringing of my family.

Loan Proposal

My business has picked up well over the months and I have already break-even and enjoying the proceeds. I would like to add more stock to my business that is books,pens,office stationary,files. These items will add up to 190usd (ksh19108).
This will help to meet my customer need who have increase. it will also help my business to grow 3 time than before. my profit will increase up to 3000ksh. I will be very grateful if my lenders give me this chance of expanding my business further. thank you in advance.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$193.00

Date disbursed

Oct 11, 2016

Repayment status

On Time

Projected term

8 weeks

Lenders

T

Tmann

Los Angeles, United States

D

Delph007

Den Haag, Netherlands

cyrus0302

San Francisco, United States

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

artnking

College Place, United States

Raoul72

Naarden, Netherlands

MarktheMormon

Sandy, Utah, United States

ScottSavage

Las Vegas, NV, United States

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

C

cjmenchaca

Austin, United States

OliverSouthwick

London, United Kingdom

H

Halli

Bottrop, Germany

J

jdhowa2

Louisville, KY, United States

HansLindgren

Uppsala, Sweden

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

F

fisaire

Ithaca, United States

T

tonilends

catalonia is not:, Spain

ProfStick

Grassy Head, Australia

indeh

London, United Kingdom

H

HildeK

Rogaland, Norway

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

T

the0bauman

Hillsboro, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

F

Forfex

Zurich, Switzerland

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

G

GanSatya

United States

sderickson

Berkeley, CA, United States

pvilliger

Zurich, Switzerland

W

wiwillia

Milbrae, United States

Matching Fund

Sterling, United States

M

microlender

United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

A

ajayhk

San Jose, United States

J

jbhernan

United States

P

Panda6689

United States

J

jdelaporte

United States

C

Crainster

Chapel Hill, United States

JA

Jared Anthony

CT, United States

Emma

Australia

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Maggie Rouse

Cheyenne, Wyoming, United States

Ask Eric 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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  • Eric    Apr 4, 2022

    Thanks you so much for your support. I am trying to make my payment but I have a problem due High cost of living and collapse of business.

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  • Eric    Jan 27, 2022

    My business fails due to COVID-19. Am trying to repay my loan step by step. Kindly be patient with me.

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  • Eric    Jan 17, 2022

    Business collapse due to COVID 19. I have been sick COVID-19

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  • Eric    Dec 14, 2021

    Collapse of the business due to COVID 19

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  • Eric    Dec 9, 2021

    Dear Zidisha Team,
    Kindly update my Repayment account.

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  • Eric    Dec 9, 2021

    Kindly be checking your system before sending emails. I have been consistent paying.

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  • Eric    Dec 9, 2021

    Dear Eric Nditu,

    Despite multiple communications, we have not received your loan repayment of 37,002 KES, which has been past due since Apr 25, 2021. Your Zidisha loan account has now been transferred to the Royal Mind Ventures collection agency. Representatives of Royal Mind Ventures will contact you regarding your loan, but repayments should continue to be made directly to Zidisha following the instructions below.

    To avoid legal action and listing with the Credit Reference Bureau, please make the past due payment immediately following the instructions below. If you are unable to make the past due payment immediately, you may use the 'Adjust Installment Amount' page of your member account at the Zidisha website to reduce the past due repayment to an amount you can easily pay.

    If you do not adjust the installment or we do not receive the past due amount by :listingDate, action will be taken including listing your name with the CRB, preventing further access to loans or credit from lending institutions.

    Payments should be sent to M-PESA bill pay account 600201 Zidisha Inc. When asked for your account number, enter your phone number. IMPORTANT: To ensure that your payment is correctly credited, please send all loan payments from the same Safaricom number that you registered with Zidisha.

    If you believe you received this message in error, please go to the Help page of your account and send a message under the subject Disbursement Not Received or Payment Not Credited.

    Thank you,

    The Zidisha Team

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  • Eric    Dec 9, 2021

    My business fails due to COVID-19. I want to reduce to Ksh 100 per week. Kindly consider my request

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  • Eric    Nov 8, 2021

    MY BUSINESS AFFECTED BY COVID 19

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  • Eric    Oct 30, 2021

    Low business margin

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  • Daniel    Oct 30, 2021

    Dear Lenders
    Have spoke to Mr Nditu and he has assured to make some payment as soonest as possible

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  • Eric    Oct 13, 2021

    collapse of business due to COVID 19 PADEMIC

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  • Eric    Sep 15, 2021

    low business returns due to COVID 19 PADEMIC

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  • Eric    Sep 13, 2021

    low business return due to covid 19 pandemic

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  • Justus    Sep 12, 2021

    He is working on how to make the repayments

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  • Eric    Aug 23, 2021

    DUE TO LOW SALES AFFECTED BY COVID 19

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  • Eric    Jul 25, 2021

    low business margins due to covid

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  • Eric    Jun 25, 2021

    DUE TO COVID 19

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  • Eric    Jun 8, 2021

    COVID 19 AND LOW BUSINESS INCOME

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  • Eric    May 12, 2021

    PADEMIC

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