Stock the shop

Elijah

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Elijah

Member since

July 2011

On-time repayments

340 installments • 56%

About Me

My name is Elijah Nderitu Kung’u I live in Bahati at a place called Maili Kumi na Mbili, from Nakuru to Nyahururu you reach a place called Maili Kumi you take a road to Solai or Wanyororo, along that road you aright at a place called Maili Kumi na Mbili where there is bore holes which supply water to Nakuru.am a married man with children.

My Business

I operate a wholesale/retail general shop at Maili Kumi Center where a sell to the people around t like people from Wanyororo, Maili Tisa, Bahati and Maili Kumi. I have been doing this business from the year 1996 this business has helped to raise my children and also to buy my plot at Maili Kumi Mbili where we live currently. From this business I get about 800000 profits annually.

Loan Proposal

I would stock my with loan amounting to kes 171,000 then from the profit I will use the profit to construct rental houses in the plot which I bought. I take this opportunity to thanks zidisha for the loan which I know will not take long.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,712.00

Date disbursed

Feb 28, 2016

Repayment status

On Time

Projected term

21 months

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Ask Elijah 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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Timothy Sep 7, 2020

I talked to Elijah and he told me he will make repayment on 16 of this month.

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Elijah Jun 16, 2020

20 bags of maize @ 3000 Kes 60000
30 bags of rice @2500 Kes 45000
20 bags of sugar @ 2500 Kes 50000
Cooking oil Kes 10000
Miscellaneous Kes 5000
Total Kes 170000

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Elijah May 26, 2020

20 bags of maize @ 3000 Kes 60000
30 bags of rice @2500 Kes 45000
20 bags of sugar @ 2500 Kes 50000
Cooking oil Kes 10000
Miscellaneous Kes 5000
Total Kes 170000

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Grace Apr 13, 2020

I talked to Elijah and he is experiencing problems in his business due to the pandemic. However he promised to pay his arrears before the end of this week. We talked about him reducing his instalments and the need for on time repayments. I wished him well as I encouraged him to keep safe, observe the health rules as stipulated by ministry of health to be safe from corona

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Mary likes this.
Eunice Atieno Apr 1, 2020

He has requested for more time to send his loan. Thank you

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Robinson Jan 30, 2020

Mr Kungu promised to repay, but I have explained what on time repayments means, not paying lump-sum dues in arrears, but paying for the installments when they're due, and if he wants to pay ahead of time it means no weekly installment should fall in arrears for more than two days from the due date, so the lump-sum payment should cover a period such that it takes care of the this rule.

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Mary likes this.
Caroline Dec 28, 2019

Mr Kungu will pay the lon very soon.

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Caroline Nov 27, 2019

Elijah requested to be paying one installment after every three months.

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Caroline Oct 15, 2019

Elijah promised to be paying once after every two months.

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Caroline Sep 10, 2019

Hello i was able to talk to Elijah today and he has promised to pay for his loan not later than 15th of this month.

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Caroline Sep 1, 2019

Hello Lenders Elijah requested to be paying once in two months he has paid for July and August already each month 10k,for September and October he will pay next week. Thanks

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Caroline Jul 31, 2019

Elijah is very positive even if he has missed several payment he will start repaying coming Saturday this week he wanted to be assisted on how to adjust the payment and I have given him the steps to do it. You can do it Elijah

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Josphine Jul 30, 2019

Mr.Kung'u has requested for more time to service his loan. Thankyou

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Elijah Jun 25, 2019

Than you zidisha lenders for the loan
I will buy
rice 3x50kg kes 50,000
sugar 2x50kg kes 50,000
sorted goods kes 50,000
kes 150,000

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Elijah Mar 21, 2019

i use the amount to stock my shop i will buy good worth Kes 200000 then the profit i will use construct rental houses which will bring profit in return.

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Elijah Oct 2, 2017

i will stock my shop with all the money Kes 171000 and the remaining will be used for transport. I am trusting that it will give a good profit of about 95% which i will use to pay the loan and also build one rental house in my plot thankyZidisha lenders it is because of that i have been able to excel. Thank you very much.

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Elijah Sep 26, 2017

The previous loan was of great help to me i was able to stock my shop and i got 90% profit and i used the profit to build a houses for rent and now I am getting some return from those houses because I have already finished and now renting.Thanks to Zidisha lenders.

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Ken Mar 23, 2016

Elijah has promised to start the repayment from 20th April 2016

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Elijah Jan 29, 2016

With the Kes 171,000 you lend to me, I was able to stock the shop and after the sell i got a good profit which enabled me to buy plot costing Kes 3000,000 after adding some saving which I had made earlier.Thanks to Zidisha team you have made be able to go one step a head through your loan.

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Elijah Apr 7, 2015

i received 206,292 and i used the amount to buy new stock in my shop. Thanks so much lenders.

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