Daniel

Mtwapa, Kenya

76% repaid

Entrepreneur

Name

Daniel

Member since

December 2012

On-time repayments

14 installments  •  57%

About Me

I'm married and I have got one wife.We live in a nuclear family;my wife three children and myself.Among the children one is a girl and the two are boys.The firstborn is in standard one,the second-born is in KG 2 the last-born is still breastfeeding he is yet to join the school.I live in mtwapa in mombasa kenya in mikanjuni village. when from the main road of mtwapa just at Mutawa petrol station just take a boda boda and tell the driver to take you to Nikaniki village at kwa mwanyae home village the boda driver will drive you to this home . village. it is a home which is well known and this is where i live .My business is shopkeeping. I running a shop within the area that I live.in. I'm a class eight leaver.I started this business so as to earn a leaving and to improve my life.The things that I purchase with the earnings from my business are:bales of maize and wheatmeal,cartons of soaps,sugar,medicine,handkerchiefs,biscuits,sweets etc Also buy house utensils,basins,pencils,pens,books,rubbers,school uniforms etc.

My Business

My business is shopkeeping.I have been operating the shop for four years now.It started at a low tune as I had no enough capital.Later after joining Marriango self help group expanded my kiosk to a big retail shop My business provides the selling of goods such as:wheatmeal,cartons of soaps,sugar,medicine,handkerchiefs,biscuits,sweets etc Also buy house utensils,basins,pencils,pens,books,rubbers,school uniforms etc.There is high demand for these goods in that people need to buy their items at a fare price and in large large quantity such that they don't have to move from one place to another to search for the same items.My customers prefer to my business in that Im a faithfull shopkeeper and that Im good at accounting hence this have made me attract and retain them.The business is profitable in that I make a bigger sale for bigger profit in a short given time.The risks my business faces are lack of transport and untestable prices exchange.My monthly income is ksh:34000 and my monthly expenditure is ksh:24000.My monthly profit is ksh:10000 of which I can repay my loan given by Zidisha very comfortably.

Loan Proposal

Thank you so much for accepting my loan application. With this loan i want to boost my business by adding more stock to my business so with this amount i want to also renovate my shop so that it looks attractive. so it will be like a new shop and this will attract more customers as they will also get what ever they want.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 17, 2013

Repayment status

Late

Projected term

14 months

Lenders

Zidisha

Sterling, United States

EmilAsker

Lomma, Sweden

AdvancingCompassion

San Diego, United States

braccino

Settimo Milanese MI, Italy

zphelj

Dallas, United States

Blake

Rockford, United States

mraph

Virginia, United States

P

Patrick5678

Beijing, China

D

danjimerson

Hammondsport, United States

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  • Daniel    Oct 10, 2013

    Hi! Zidisha micro-lending group,its my sincere hope that all is well.On my side my business has been okay except one of my family member that is my brother was knocked down by a lorry and was badly injured now is in hospital and lots of money was spent on this issue.By next month will be in a position to repay my loan as I have rescheduled.Please bear with me for now.Your member Daniel Katore.

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  • Daniel    Sep 6, 2013

    Hello Zidisha team,I take this opportunity to thank the entire Zidisha microfinance for their great hearts choosing the low class business men like me and boost us without discrimination of our class.First wants to pass my maltitudes of thanks to the Zidisha team and the donors who contributed to our loans.This really did the difference,my business is going on well,have improved my stock and have gained good numbers of customers to my business hence improved my profit in my business.Nevertheless have renovated my work facility and attractive face/look is potrayed and this have attracted lots of customers.Wish to once-again thank Zidisha team for every effort to reach us the small scale business-men,may God bless you in advance.

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