Erickson

Majengo, Mtwapa., Kenya

31% repaid

Entrepreneur

Name

Erickson

Member since

January 2013

On-time repayments

76 installments  •  9%

About Me

My name is Erickson Kaingu Dzombo, a resident of mtwapa, and a businessman in mtwapa as well. Am a family man blessed with two children, my first born is a girl and she is thirteen years old and she is in class eight.the second is a girl to and she is eight years old and in class two. I live with my family here in a rented house as i have not got the opportunity to have my own. My education background,am a secondary school graduate and am holding a diploma in clinical medicine. I decided to start my own business because with my profession i find the salary rates to be too low according to my family expenditures. so i started a retail shop, along the mtwapa chief's office, and the agricultural road..With my income from the shop i add it to my salary and use for my family needs, pay school fees pay rent and also invest to the business so as to boost the business.

My Business

Am a clinical officer at a private health center here in mtwapa, as well as a businessman. My business is a retail shop. In my shop i sell all different types of goods. This is a good type of business because customers are all around because every one has to eat! With this reason am confident of selling my products, and with my good customer language i keep my customers happy.With this business i get an income of ksh 20, 000 per month. risks in this business is the fluctuation of prices in various produts. this affects the profit of the business.With my income from the business, i use ksh 3,000 paying rent at the business premises ksh 5,000 buying food for the family, ksh th other family expences are covered by my salary. So i save ksh 12,000 per month.

Loan Proposal

thank you all of the entire zidisha members for approving my loan. first i will use this loan to buy more of wheat flour. maize flour. sugar. and beans and add into my retails shop. because these items are the ones which are of high demand in the community and by doing this i will increase my daily income and interest.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 18, 2013

Repayment status

Late

Projected term

77 months

Lenders

AWOL

USA, United States

nicole

Worcester, Ma, United States

AdvancingCompassion

San Diego, United States

P

pipsy

sm, United States

A

Alumnus

Goias, Brazil

S

SabresFan

Oro Valley, United States

I

imnot

Stafford, United Kingdom

P

Patrick5678

Beijing, China

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  • Erickson    Jul 15, 2014

    Hello my dear zidisha lenders and the whole zidisha staff, am so sorry for the delay in sending my reoayments so far. This has been due to low business which has so much affected my business since the start of this year. This has really been a challenge to me and my family at large. Due to thus i would like to have a little time to get this in the right direction. Am so sorry for any inconvieniece that i may have caused so far. Thank you for your patiencce and understanding. God bless you all.

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  • Erickson    Sep 14, 2013

    Hello, am so sorry that i have not been able to repay my loan by our agreed date. This is because i have had difficulties in my business after a very bad incident in our family. As i write this am from my village for burials. This really affected my business as i have not been able to attend my business. Due to this i would like to reduce the amount of repaying. I propose to pay Ksh.2000 per month, this is what i can afford for now. Thank you for your patience.

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  • analinjsaturria    May 20, 2013

    Dear lenders,
    This is Analin Saturria McGregor, Communications Associate at Zidisha.
    Erickson has informed us that his family has been struck by an unexpected tragedy. His brother and sister perished in a road accident a week ago, on May 13. Needless to say, not only is Erickson grieving these losses with the rest of his family, but also supporting financially with the multiple expenses that come with a death. In developing countries, more often than not, everything comes at a cost when a person dies: legal procedures to release the body from the hospital, death certificates, buying plots of land on a cementery, etc., are all common expenses a family must endure upon losing a loved one. Needless to say, an unexpected passing can be a very stressful time for a family. Please join us in extending our condolences to Erickson and his family. We hope they find the comfort they need during this time of trial through being there for each other.

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