Entrepreneur
Name
Nelson
Member since
October 2014
On-time repayments
284 installments • 42%
About Me
I am 30 years old married with one child.
I was born in Nairobi.
I have always wanted to be an entrepreneur and have previously sold mobile phones before venturing out into textiles where I saw a big gap unlike the mobile phone business which was saturated and dominated by big players.
I have a bachelor of commerce degree majoring in marketing.
I love travelling and learning new cultures.
I am also an ardent sports fan and regularly attend sporting events all over the country.
I aim to grow my business into a big online retail business and expand my product offerings.
My Business
I sell bedroom textiles. These are duvets, duvet covers, pillows,bed sheets, curtains and rugs.
I am based in hurlingum nairobi.
I market my product through my facebook page "Style My bedroom"
The link to my page: www.facebook.com/stylemybedroom
I have over 54000 fans on my page.
I have been in this business for over 2 years now.
I import the beddings from United Kingdom and sell in Nairobi.
I make home and office deliveries to customers via a courier.
My average revenues per month are $1388.
My typical costs are :
$ 40 on Facebook Advertisement
$600 on purchasing stock
$255 on shipping, logistics and customs
$77 on rent for my small office
My profits are on average 30% of my revenues £416.
I use majority of the profits on home improvements, i also re -invest part of the profits.
Loan Proposal
I will use this loan to fund my advertising on social media. 60% will go to Facebook Ads, Instagram and twitter Ads.
40% I will use for setting up a word press website with a shopping cart to be able to make online sales and also accept credit cards as I currently don't have a PDQ machine as the banks have minimum revenues before issuing one.
When I am able to accept credit cards my sales will grow as my customers will have more options for making payments and I wont have to bear the risk of sales on credit.
This is my 5th loan so far on Zidisha and I am very happy that zidisha has enabled me grow my business by boosting my cash flow which is critical.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$348.00
Date disbursed
Jan 13, 2016
Repayment status
Late
Projected term
54 months
Other loans
Lenders
Southampton, United Kingdom
Green Cove Springs, United States
Glasgow, United Kingdom
Guildford, United Kingdom
Raleigh, United States
St-Lucien, Canada
Sydney, Australia
Shanghai, China
New York, NY, United States
Fontvielle, Monaco, Yemen
United States
United States
Germany
United States
Philippines
United States
Sweden
Ask Nelson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$228.50
Amount remaining
$137.30
Expected completion
Jul 20, 2020
Status
Repaying late
Installment amount
$1.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 25, 2016 | $20.00 | Jan 25, 2016 | $20.00 |
| Feb 1, 2016 | $0.00 | ||
| Feb 8, 2016 | $5.00 | Feb 7, 2016 | $5.00 |
| Feb 15, 2016 | $5.00 | Feb 15, 2016 | $5.00 |
| Feb 22, 2016 | $5.00 | Feb 22, 2016 | $5.00 |
| Feb 29, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
| Mar 7, 2016 | $5.00 | Mar 9, 2016 | $5.00 |
| Mar 14, 2016 | $5.00 | Mar 16, 2016 | $5.00 |
| Mar 21, 2016 | $5.00 | Mar 22, 2016 | $5.00 |
| Mar 28, 2016 | $5.00 | Mar 30, 2016 | $5.00 |
| Apr 4, 2016 | $5.00 | Apr 5, 2016 | $5.00 |
| Apr 11, 2016 | $5.00 | Apr 11, 2016 | $5.00 |
| Apr 18, 2016 | $5.00 | Apr 20, 2016 | $5.00 |
| Apr 25, 2016 | $5.00 | Apr 26, 2016 | $5.00 |
| May 2, 2016 | $5.00 | May 3, 2016 | $5.00 |
| May 9, 2016 | $5.00 | May 10, 2016 | $5.00 |
| May 16, 2016 | $5.00 | May 17, 2016 | $5.00 |
| May 23, 2016 | $5.00 | May 24, 2016 | $5.00 |
| May 30, 2016 | $5.00 | Jun 1, 2016 | $5.00 |
| Jun 6, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jun 13, 2016 | $5.00 | Jun 15, 2016 | $5.00 |
| Jun 20, 2016 | $5.00 | Jun 23, 2016 | $5.00 |
| Jun 27, 2016 | $5.00 | Jun 28, 2016 | $5.00 |
| Jul 4, 2016 | $5.00 | Jul 4, 2016 | $5.00 |
| Jul 11, 2016 | $5.00 | Jul 12, 2016 | $5.00 |
| Jul 18, 2016 | $5.00 | Jul 18, 2016 | $5.00 |
| Jul 25, 2016 | $5.00 | Jul 27, 2016 | $5.00 |
| Aug 1, 2016 | $5.00 | Aug 7, 2016 | $5.00 |
| Aug 8, 2016 | $5.00 | Aug 12, 2016 | $5.00 |
| Aug 15, 2016 | $0.00 | ||
| Aug 22, 2016 | $1.50 | Aug 22, 2016 | $1.50 |
| Aug 29, 2016 | $1.50 | Aug 22, 2016 | $1.50 |
| Sep 5, 2016 | $1.50 | Aug 30, 2016 | $1.50 |
| Sep 12, 2016 | $1.50 | Sep 9, 2016 | $1.50 |
| Sep 19, 2016 | $1.50 | Sep 21, 2016 | $1.50 |
| Sep 26, 2016 | $1.50 | Oct 2, 2016 | $1.50 |
| Oct 3, 2016 | $1.50 | Oct 9, 2016 | $1.50 |
| Oct 10, 2016 | $1.50 | Oct 9, 2016 | $1.50 |
| Oct 17, 2016 | $1.50 | Oct 28, 2016 | $1.50 |
| Oct 24, 2016 | $1.50 | Oct 28, 2016 | $1.50 |
| Oct 31, 2016 | $1.50 | Oct 28, 2016 | $1.50 |
| Nov 7, 2016 | $1.50 | Nov 10, 2016 | $1.50 |
| Nov 14, 2016 | $1.50 | Nov 20, 2016 | $1.50 |
| Nov 21, 2016 | $1.50 | Nov 29, 2016 | $1.50 |
| Nov 28, 2016 | $1.50 | Nov 29, 2016 | $1.50 |
| Dec 5, 2016 | $1.50 | Dec 12, 2016 | $1.50 |
| Dec 12, 2016 | $1.50 | Dec 12, 2016 | $1.50 |
| Dec 19, 2016 | $1.50 | Dec 26, 2016 | $1.50 |
| Dec 26, 2016 | $1.50 | Jan 1, 2017 | $1.50 |
| Jan 2, 2017 | $1.50 | Jan 2, 2017 | $1.50 |
| Jan 9, 2017 | $1.50 | Jan 10, 2017 | $1.50 |
| Jan 16, 2017 | $0.00 | ||
| Jan 23, 2017 | $0.00 | ||
| Jan 30, 2017 | $0.00 | ||
| Feb 6, 2017 | $0.00 | ||
| Feb 13, 2017 | $1.00 | Feb 12, 2017 | $1.00 |
| Feb 20, 2017 | $1.00 | Feb 20, 2017 | $1.00 |
| Feb 27, 2017 | $1.00 | Mar 4, 2017 | $1.00 |
| Mar 6, 2017 | $1.00 | Mar 13, 2017 | $1.00 |
| Mar 13, 2017 | $1.00 | Mar 26, 2017 | $1.00 |
| Mar 20, 2017 | $1.00 | Mar 26, 2017 | $1.00 |
| Mar 27, 2017 | $1.00 | Apr 3, 2017 | $1.00 |
| Apr 3, 2017 | $1.00 | Apr 13, 2017 | $1.00 |
| Apr 10, 2017 | $1.00 | Apr 19, 2017 | $1.00 |
| Apr 17, 2017 | $1.00 | Apr 19, 2017 | $1.00 |
| Apr 24, 2017 | $1.00 | Apr 29, 2017 | $1.00 |
| May 1, 2017 | $1.00 | May 9, 2017 | $1.00 |
| May 8, 2017 | $1.00 | May 9, 2017 | $1.00 |
| May 15, 2017 | $1.00 | May 16, 2017 | $1.00 |
| May 22, 2017 | $1.00 | May 27, 2017 | $1.00 |
| May 29, 2017 | $1.00 | May 27, 2017 | $1.00 |
| Jun 5, 2017 | $1.00 | Jun 5, 2017 | $1.00 |
| Jun 12, 2017 | $1.00 | Jun 5, 2017 | $1.00 |
| Jun 19, 2017 | $1.00 | Jun 19, 2017 | $1.00 |
| Jun 26, 2017 | $1.00 | Jun 26, 2017 | $1.00 |
| Jul 3, 2017 | $1.00 | Jul 6, 2017 | $1.00 |
| Jul 10, 2017 | $1.00 | Jul 20, 2017 | $1.00 |
| Jul 17, 2017 | $1.00 | Jul 25, 2017 | $1.00 |
| Jul 24, 2017 | $1.00 | Jul 25, 2017 | $1.00 |
| Jul 31, 2017 | $1.00 | Aug 15, 2017 | $1.00 |
| Aug 7, 2017 | $1.00 | Aug 15, 2017 | $1.00 |
| Aug 14, 2017 | $1.00 | Aug 27, 2017 | $1.00 |
| Aug 21, 2017 | $1.00 | Aug 27, 2017 | $1.00 |
| Aug 28, 2017 | $1.00 | Aug 27, 2017 | $1.00 |
| Sep 4, 2017 | $1.00 | Aug 27, 2017 | $1.00 |
| Sep 11, 2017 | $1.00 | Sep 12, 2017 | $0.50 |
| Sep 12, 2017 | $0.50 | ||
| Sep 18, 2017 | $1.00 | Sep 12, 2017 | $0.50 |
| Sep 27, 2017 | $0.50 | ||
| Sep 25, 2017 | $1.00 | Sep 27, 2017 | $0.50 |
| Oct 21, 2017 | $0.50 | ||
| Oct 2, 2017 | $1.00 | Oct 21, 2017 | $1.00 |
| Oct 9, 2017 | $1.00 | Oct 21, 2017 | $1.00 |
| Oct 16, 2017 | $1.00 | Oct 21, 2017 | $0.50 |
| Nov 6, 2017 | $0.50 | ||
| Oct 23, 2017 | $1.00 | Nov 6, 2017 | $0.50 |
| Nov 20, 2017 | $0.50 | ||
| Oct 30, 2017 | $1.00 | Nov 20, 2017 | $1.00 |
| Nov 6, 2017 | $1.00 | Nov 20, 2017 | $1.00 |
| Nov 13, 2017 | $1.00 | Nov 20, 2017 | $0.50 |
| Dec 17, 2017 | $0.50 | ||
| Nov 20, 2017 | $1.00 | Dec 17, 2017 | $1.00 |
| Nov 27, 2017 | $1.00 | Dec 17, 2017 | $1.00 |
| Dec 4, 2017 | $1.00 | ||
| Dec 11, 2017 | $1.00 | ||
| Dec 18, 2017 | $1.00 | ||
| Dec 25, 2017 | $1.00 | ||
| Jan 1, 2018 | $1.00 | ||
| Jan 8, 2018 | $1.00 | ||
| Jan 15, 2018 | $1.00 | ||
| Jan 22, 2018 | $1.00 | ||
| Jan 29, 2018 | $1.00 | ||
| Feb 5, 2018 | $1.00 | ||
| Feb 12, 2018 | $1.00 | ||
| Feb 19, 2018 | $1.00 | ||
| Feb 26, 2018 | $1.00 | ||
| Mar 5, 2018 | $1.00 | ||
| Mar 12, 2018 | $1.00 | ||
| Mar 19, 2018 | $1.00 | ||
| Mar 26, 2018 | $1.00 | ||
| Apr 2, 2018 | $1.00 | ||
| Apr 9, 2018 | $1.00 | ||
| Apr 16, 2018 | $1.00 | ||
| Apr 23, 2018 | $1.00 | ||
| Apr 30, 2018 | $1.00 | ||
| May 7, 2018 | $1.00 | ||
| May 14, 2018 | $1.00 | ||
| May 21, 2018 | $1.00 | ||
| May 28, 2018 | $1.00 | ||
| Jun 4, 2018 | $1.00 | ||
| Jun 11, 2018 | $1.00 | ||
| Jun 18, 2018 | $1.00 | ||
| Jun 25, 2018 | $1.00 | ||
| Jul 2, 2018 | $1.00 | ||
| Jul 9, 2018 | $1.00 | ||
| Jul 16, 2018 | $1.00 | ||
| Jul 23, 2018 | $1.00 | ||
| Jul 30, 2018 | $1.00 | ||
| Aug 6, 2018 | $1.00 | ||
| Aug 13, 2018 | $1.00 | ||
| Aug 20, 2018 | $1.00 | ||
| Aug 27, 2018 | $1.00 | ||
| Sep 3, 2018 | $1.00 | ||
| Sep 10, 2018 | $1.00 | ||
| Sep 17, 2018 | $1.00 | ||
| Sep 24, 2018 | $1.00 | ||
| Oct 1, 2018 | $1.00 | ||
| Oct 8, 2018 | $1.00 | ||
| Oct 15, 2018 | $1.00 | ||
| Oct 22, 2018 | $1.00 | ||
| Oct 29, 2018 | $1.00 | ||
| Nov 5, 2018 | $1.00 | ||
| Nov 12, 2018 | $1.00 | ||
| Nov 19, 2018 | $1.00 | ||
| Nov 26, 2018 | $1.00 | ||
| Dec 3, 2018 | $1.00 | ||
| Dec 10, 2018 | $1.00 | ||
| Dec 17, 2018 | $1.00 | ||
| Dec 24, 2018 | $1.00 | ||
| Dec 31, 2018 | $1.00 | ||
| Jan 7, 2019 | $1.00 | ||
| Jan 14, 2019 | $1.00 | ||
| Jan 21, 2019 | $1.00 | ||
| Jan 28, 2019 | $1.00 | ||
| Feb 4, 2019 | $1.00 | ||
| Feb 11, 2019 | $1.00 | ||
| Feb 18, 2019 | $1.00 | ||
| Feb 25, 2019 | $1.00 | ||
| Mar 4, 2019 | $1.00 | ||
| Mar 11, 2019 | $1.00 | ||
| Mar 18, 2019 | $1.00 | ||
| Mar 25, 2019 | $1.00 | ||
| Apr 1, 2019 | $1.00 | ||
| Apr 8, 2019 | $1.00 | ||
| Apr 15, 2019 | $1.00 | ||
| Apr 22, 2019 | $1.00 | ||
| Apr 29, 2019 | $1.00 | ||
| May 6, 2019 | $1.00 | ||
| May 13, 2019 | $1.00 | ||
| May 20, 2019 | $1.00 | ||
| May 27, 2019 | $1.00 | ||
| Jun 3, 2019 | $1.00 | ||
| Jun 10, 2019 | $1.00 | ||
| Jun 17, 2019 | $1.00 | ||
| Jun 24, 2019 | $1.00 | ||
| Jul 1, 2019 | $1.00 | ||
| Jul 8, 2019 | $1.00 | ||
| Jul 15, 2019 | $1.00 | ||
| Jul 22, 2019 | $1.00 | ||
| Jul 29, 2019 | $1.00 | ||
| Aug 5, 2019 | $1.00 | ||
| Aug 12, 2019 | $1.00 | ||
| Aug 19, 2019 | $1.00 | ||
| Aug 26, 2019 | $1.00 | ||
| Sep 2, 2019 | $1.00 | ||
| Sep 9, 2019 | $1.00 | ||
| Sep 16, 2019 | $1.00 | ||
| Sep 23, 2019 | $1.00 | ||
| Sep 30, 2019 | $1.00 | ||
| Oct 7, 2019 | $1.00 | ||
| Oct 14, 2019 | $1.00 | ||
| Oct 21, 2019 | $1.00 | ||
| Oct 28, 2019 | $1.00 | ||
| Nov 4, 2019 | $1.00 | ||
| Nov 11, 2019 | $1.00 | ||
| Nov 18, 2019 | $1.00 | ||
| Nov 25, 2019 | $1.00 | ||
| Dec 2, 2019 | $1.00 | ||
| Dec 9, 2019 | $1.00 | ||
| Dec 16, 2019 | $1.00 | ||
| Dec 23, 2019 | $1.00 | ||
| Dec 30, 2019 | $1.00 | ||
| Jan 6, 2020 | $1.00 | ||
| Jan 13, 2020 | $1.00 | ||
| Jan 20, 2020 | $1.00 | ||
| Jan 27, 2020 | $1.00 | ||
| Feb 3, 2020 | $1.00 | ||
| Feb 10, 2020 | $1.00 | ||
| Feb 17, 2020 | $1.00 | ||
| Feb 24, 2020 | $1.00 | ||
| Mar 2, 2020 | $1.00 | ||
| Mar 9, 2020 | $1.00 | ||
| Mar 16, 2020 | $1.00 | ||
| Mar 23, 2020 | $1.00 | ||
| Mar 30, 2020 | $1.00 | ||
| Apr 6, 2020 | $1.00 | ||
| Apr 13, 2020 | $1.00 | ||
| Apr 20, 2020 | $1.00 | ||
| Apr 27, 2020 | $1.00 | ||
| May 4, 2020 | $1.00 | ||
| May 11, 2020 | $1.00 | ||
| May 18, 2020 | $1.00 | ||
| May 25, 2020 | $1.00 | ||
| Jun 1, 2020 | $1.00 | ||
| Jun 8, 2020 | $1.00 | ||
| Jun 15, 2020 | $1.00 | ||
| Jun 22, 2020 | $1.00 | ||
| Jun 29, 2020 | $1.00 | ||
| Jul 6, 2020 | $1.00 | ||
| Jul 13, 2020 | $1.00 | ||
| Jul 20, 2020 | $0.30 | ||
Loading...