Eric

Bumala, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

October 2013

On-time repayments

346 installments  •  31%

About Me

I'm Eric Otieno Odhiambo,25 years of age.Home where i originated in Vihiga district,Luanda division Ekwanda sublocation Kaila village.Currently i'm living in a small town Bumala in western Kenya.

Am holding a certificate in mechanical engineering(production) from Kenya Industrial Training Institute.I started my business purely to meet my needs in fact that i was an ophan and i had to pay for my own college fees.Since i started my business thing actually changes because i was able to pay my own college fees for the last two years withouth problem.

In kenya we have very fovourable business field and we only lack capital.Example in the public service vehicle(matatu) industry, agricuturial,estate development and many other.So any potetial invester willing to prosper should not hesitate doing it kenya.
For that am a little bit thruogh with my education i have plans to pluogh back my business income to the business so that it can be expanded,so in future i dream to run a very big business.

My Business

I run a small Agrovet business in Bumala town the deals with fertilizer,seeds,animal feeds,pesticides and many other essential commodity to the farmers which i was inherited from my late mother three years ago.And from it have manage to pay my college fees for the last two years.
Because Bumala people are small scale farmers i made lots of sale because i sell in smaller quantity at lower price as compared to other competitors.
During planting season my sales goes up to ksh 20,000 per day of which i will have no problem in repaying the loan.
I'm only faced with the capital to expand my business.But Kenya is the best place for business so no investor should fear any.

Loan Proposal

Thank you so much Zidisha for lifting me higher than the mountain you are a blessing to my business.Now its my pleasure to apply another loan so as to get ready for the coming season on march.I am going to stock 10 sacks of fertilizer DAP,CAN and urea,seven bales of seeds that is duma,kenya seed,western seed,monsanto and pana.Then i will add some drugs and pesticides.This budgeting will cost me over KES 50000.

Feedback

11

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$620.00

Date disbursed

Jan 5, 2014

Repayment status

On Time

Projected term

3 months

Lenders

AWOL

USA, United States

B

Bpryse

Long beach, United States

Silver

Steiermark, Austria

A

anonymus

Moon, United States

JimVandegriff

Trinidad, California, United States

B

Bavarian

Bavaria, Germany

L

ldworld

Idaho, United States

B

bopsquod

Seattle, Wa, United States

T

Texas

Houston, United States

Jouni

Finland

mewesten

Waynesboro, United States

zphelj

Dallas, United States

A

Aaron

Zurich, Switzerland

Ingela

Falun, Sweden

H

howard

Vence, France

Giucca

Indjija, Yugoslavia

C

CZC

Lake Zurich, United States

A

Anonymous

United Kingdom

TuveTheDog

Helsinki, Finland

Casalupus

Leipzig, Germany

DocHolliday

Legend, United States

J

jonastang

Hong Kong, Hong Kong

G

guggl

Vienna, Austria

A

Armeij

Veendam, Netherlands

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  • Eric    Feb 3, 2017

    I was sick but now i will start paying

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  • Eric    Nov 22, 2016

    Sorry i was sick

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  • Eric    Oct 19, 2016

    Sorry i will pay tomorow

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  • Eric    Sep 18, 2016

    I will pay next week

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  • Eric    Aug 22, 2016

    I want resume paying next week

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  • Eric    Apr 13, 2016

    Dear lenders my problems are now reducing and i hope soon i will be able to pay well

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  • Eric    Jan 24, 2016

    I had some problems i will pay next week

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  • Eric    Dec 18, 2015

    I have some problems but i will pay next week please

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  • Eric    Nov 20, 2015

    I will pay next week please

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  • Eric    Sep 11, 2015

    I will be paying ksh 300 for only one month because i have some little financial problems,thank you

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  • Eric    Aug 7, 2015

    As i try to put my business in order i wish to reschedule my loan to higher amount and i hope to do it again and again as things continue to improve.

    Thank you
    Eric

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  • Eric    Jun 27, 2015

    I will pay ksh 600 for now because my business is still down.

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  • Eric    Mar 3, 2015

    Hi am very sorry for not paying my loan,i have several problems now.I just lost my elder brother after short period of illness.Due to much spending i sincerely request you to kindly allow me to reschedule my loan to smaller amount.

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  • Eric    Jan 22, 2015

    Hi Zidisha my business was robbed two weeks ago and i have been trying to follow up with the police if i may recovered few goods.And at the moment also the business is very low of which i dont understand myself why.But today i will send something as i have reschedule it.I will be paying Ksh 650 as i reorganized myself again.

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  • Laparo    Dec 19, 2014

    Hi Eric,
    do you know what happened to Rahab Njoki Kamau? She stopped her installments last month and didn't communicate about it.

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    • Dorine    Jan 8, 2015

      I have talked to Rahab Njoki and she has been out of her business since their was shortage of fruits but these month she has started her business and sh is planing to paying her loan these month

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  • Eric    Dec 17, 2014

    Hi Zidisha my business was robbed two weeks ago and i have been trying to follow up with the police if i may recovered few goods.And at the moment also the business is very low of which i dont understand myself why.But today i will send something as i have reschedule it.I will be paying Ksh 800 as i reorganized myself again.

    Log in to reply • Share
  • Dorine    Sep 27, 2014

    Dear erick Otieno
    Thanks for informing me about zidisha today i see it positive side it has improved my business ans my life at large thank you for you help to these site.

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  • Eric    Aug 25, 2014

    Hi Zidisha my business was robbed two weeks ago and i have been trying to follow up with the police if i may recovered few goods.And at the moment also the business is very low of which i dont understand myself why.But today i will send something as i have reschedule it.I will be paying Ksh 800 as i reorganized myself again.

    Log in to reply • Share
  • jan73    Jun 28, 2014

    I hope you can assist your invitee Pheobe Odenyo. She has received funding for her loan but has been unable to log in to her account to receive the funds and move forward.

    www.zidisha.org/microfinanc...

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  • Eric    Jun 26, 2014

    Hi Zidisha my business was robbed two weeks ago and i have been trying to follow up with the police if i may recovered few goods.And at the moment also the business is very low of which i dont understand myself why.But today i will send something as i have reschedule it.I will be paying Ksh 800 as i reorganized myself again.

    Log in to reply • Share


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