Store for my cereals

Lewishemedi

Kisii, Kenya

21% repaid

Entrepreneur

Name

Lewishemedi

Member since

July 2014

On-time repayments

95 installments  •  14%

About Me

my name is Lewis Momanyi am a graduate from Egerton university where i did my bachelor of commerce and specialized in accounting. i am the last born in the family of 3.I love reading journals and also socializing in order to increase and open up my way of thinking. I decided to venture into business where am i have a tender of supplying textbooks to schools ,lab equipments and stationery. i have tenders from many schools which keeps on recurring like now i have 3 schools i need to supply lab equipments that's why i need little financing to deliver

My Business

i deal wit tendering and i have done more than 50 tenders to schools. i supply stationery like textbooks and also i supply lab equipments and also furniture like chairs desks etc. The reason i am applying for funding is i have like 3 tenders now which is worthwhile but i need funding to assist me in transportation ,,,,,,i also have my carpentry shop where i have employed personnel to assist me make the furniture's to supply .monthly i make like 70000 where profit is like 40000 after expenses. fund me we grow together

Loan Proposal

My business is dealing with cereals by selling both in retail and wholesale(supplying to institutions). The biggest challenge i have is that i don't have a store to to store my cereals. I am forced to store them home which becomes inconvenient transporting them to market centre every market day and back adding some extra costs.
I would kindly ask if you will fund me will put up a store where i can be able to store my cereals in large amounts to be able to supply them well and for easy accessibility fr a centralised place for my clients and in this my flow will be high. Kindly help me achieve my desire and lets flourish together

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$142.00

Date disbursed

Apr 7, 2015

Repayment status

Late

Projected term

15 months

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A

andyfletcher

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DeanDropshot

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Zidisha

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sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

M

mrhanky1

melbourne, Australia

indeh

London, United Kingdom

ads68

Melbourne, Australia

IM

Isak Maaseide

Tromso, Norway, Norway

fairspirit

Utrecht, Netherlands

J

jonastang

Hong Kong, Hong Kong

Matching Fund

Sterling, United States

J

jenda

Czech Republic

P

plhughes

United States

mepster

San Francisco, Ca, United States

L

Lagrange

United States

A

adamdreaming

United States

Jessosix

Perth, Australia

KM

Kirsty M

United Kingdom

Villa Maria Outliers

Montreal, Canada

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • andyfletcher    Aug 11, 2015

    Hello Lewishemedi,
    I hope your business has improved. Do you have any news as to when you will resume your repayments?

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  • Lewishemedi    Jul 14, 2015

    The business i started was affected by unforseen challenges which i have resolved now it affected me on the aspect of repaying the actual installment. I have resolved and soon will reapay right installment

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  • andyfletcher    Jun 14, 2015

    Dear Lewishemedi,
    Please let us know if you have any updates on your repayments. Thank you.

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  • Annah    Jun 3, 2015

    Dear lender Momanyi will update his Zidisha Account very soon.

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  • Lewishemedi    May 4, 2015

    Thank you friends i received the cash i injected it well on my business plan and it is yielding results i can be able to repay my loan well as you can see on my repayment schedule

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  • Lewishemedi    Mar 27, 2015

    Hello team thank you team for being an inspiration to my life. My capability of transforming my business was courtesy of you. Now i Have a store for cereals where i can be able to purchase large sacks of cereals and store them well helping me to sell them on retail and be able to have enough stock for tendering to schools. I used the first loan to build a store for packing and storage. I humbly appreciate your assistance

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  • Lewishemedi    Mar 24, 2015

    I have received lumpsum i want to clear it

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  • Lewishemedi    Nov 25, 2014

    This is because i was adversely affected by rain but i hope things will be normalized soon. The rains came and my business solerly is dependant on those sunny days ,,,with the rain it mad it so difficult for me to sae which made me adjust my payments till when am capable to repay well.
    sorry for inconvinience that i might have caused

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  • Lewishemedi    Sep 5, 2014

    i am sad to inform you that i was really repaying well i had paid the first installment well and i was planning to repay it until this unfortunate event happened.In my event of repaying my store was broken into and they stole my stock . i had bought stock well and i had packed it in the store containing all these cereals when they came broke in and decided to steal all the stock at night.i feel so sad but i know that i am always resilient enough to ensure that i have paid the money i have reported it and the policemen are following up on it. i will repay sorry for mis inconvenience

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