Nicholas Mwenda

Kiptangwanyi, Kenya

77% repaid

Entrepreneur

Name

Nicholas Mwenda

Member since

September 2012

On-time repayments

35 installments  •  66%

About Me

I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with one child who is in school. I live in plot number 93 at the shopping center where I carry out my business with my family. My business entails a wood workshop at the shopping center. I make all sort of wooden furniture in my business.

My Business

My business entails a wood workshop at the shopping center. I make all sort of wooden furniture in my business.The goods that I make I sell them to residents of this areas and others I take them to nearest major towns such as Nakuru, Gilgil and Naivasha. The main challenges that this business encounters are drought which affects the market, lack of finance to expand the business and high cost of electricity.

Loan Proposal

Thank you Zidisha team,
I am grateful that I have been offered another opportunity to get a loan from Zidisha micro-finance. I have successfully repaid my loan well without any difficulty as the business is doing well. I have improved my business to a great height and the revenues that I am getting from the business are quite good. I wish to use this loan to buy two power saws for cutting timbers and also a drilling machine.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,357.27

Date disbursed

Nov 23, 2013

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $2,357.27 at 7.53% annual rate over 24 months = $365.36

Service fee: $169.24

Lenders

J

Jason

New Jersey, United States

EricDWalters

Rochester, Mn, Usa, United States

B

Bena

Winnipeg, Canada

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

V

vamPierchen

Luxembourg, Luxembourg

K

KakkoiiCali

Anaheim, United States

Dipsius

London, United Kingdom

artnking

College Place, United States

Kjartan

Oslo, Norway

MarktheMormon

Sandy, Utah, United States

C

czeisler

Hochheim, Germany

S

SMRosen

Hershey, United States

A

anonymus

Moon, United States

A

Anonymous2

United States

Jeff and Marcie

Portland, OR, United States

C

Corrino

Sofia, Bulgaria

beverly

Vancouver, Canada

G D Export

Kolkata, India

B

Bavarian

Bavaria, Germany

dajawein

Gladstone, Australia

JimmyL

Tallahassee, FL, United States

M

missjoyy

Munich, Germany

andreasol

Bielefeld, Germany

Quentin

Toronto, Canada

B

bopsquod

Seattle, Wa, United States

D

Dschejwoulff

München, Germany

yosefchayim

Bournemouth, United Kingdom

B

bugsheep

Houston, United States

N

nicknz

Wellington, New Zealand

SQ77W

Wellington, New Zealand

G

GirlOfEarth

Earth, Finland

Namaste250

Pittsford, United States

juliemartha

Lake Mary, United States

HaveMiles

California, United States

mewesten

Waynesboro, United States

S

Southern

Oberursel, Germany, Germany

Sverre

Bergen, Norway

M

mtlfire

Montreal, Canada

T

Tui1974

nuenen, Netherlands

bycyt

Whitefish, United States

joaoferraz

RINCHOA, Portugal

F

Freya

Adelaide, Australia

N

Navigator

Alavus, Finland

tswickrama

Orlando, United States

W

Walter01

Kingston, Canada

S

smetis

Kananaskis, Canada

R

RCHeying

Marietta, United States

Sarasota

Sarasota, Fl, United States

Giucca

Indjija, Yugoslavia

R

rebtl

San Francisco, United States

C

CZC

Lake Zurich, United States

P

phoebius

Cambridge, United Kingdom

D

doublehelix

Philadelphia, United States

M

MartinC

Weston-super-Mare, United Kingdom

M

Mikel

Buchs, Switzerland

R

RutgersStudent

New Brunswick, United States

T

TodaRaba

Tacoma, United States

thomas2666

Brisbane, Australia

Kristrun Tinna

Reykjavik, Iceland

C

CorVeninga

Nieuwegein, Netherlands

O

osterqvist

Linköping, Sweden

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