Entrepreneur
Name
Nicholas
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
Positive
15
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$2,364.00
Date disbursed
Nov 23, 2013
Repayment status
Late
Projected term
24 months
Other loans
Lenders
Luxembourg, Luxembourg
Anaheim, United States
United States
München, Germany
Earth, Finland
Philadelphia, United States
New Brunswick, United States
Ask Nicholas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$2,274.67
Amount remaining
$690.43
Expected completion
Dec 14, 2015
Status
Repaying late
Installment amount
$123.55
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 14, 2014 | $123.55 | Jan 15, 2014 | $123.55 |
| Feb 14, 2014 | $123.55 | Jan 15, 2014 | $0.26 |
| Feb 13, 2014 | $123.29 | ||
| Mar 15, 2014 | $123.55 | Feb 13, 2014 | $0.52 |
| Mar 18, 2014 | $123.02 | ||
| Apr 15, 2014 | $123.55 | Mar 18, 2014 | $0.79 |
| Apr 16, 2014 | $122.76 | ||
| May 15, 2014 | $123.55 | Apr 16, 2014 | $1.05 |
| May 16, 2014 | $122.50 | ||
| Jun 15, 2014 | $123.55 | May 16, 2014 | $0.12 |
| Jun 15, 2014 | $123.43 | ||
| Jul 15, 2014 | $123.55 | Jun 15, 2014 | $1.57 |
| Jul 15, 2014 | $121.98 | ||
| Aug 15, 2014 | $123.55 | Jul 15, 2014 | $3.02 |
| Aug 15, 2014 | $120.52 | ||
| Sep 15, 2014 | $123.55 | Aug 15, 2014 | $4.48 |
| Sep 16, 2014 | $119.05 | ||
| Oct 19, 2014 | $0.02 | ||
| Oct 15, 2014 | $123.55 | Oct 19, 2014 | $119.02 |
| Nov 15, 2014 | $4.52 | ||
| Nov 14, 2014 | $123.55 | Nov 15, 2014 | $114.52 |
| Dec 16, 2014 | $9.02 | ||
| Dec 14, 2014 | $123.55 | Dec 16, 2014 | $121.93 |
| Jan 20, 2015 | $1.62 | ||
| Jan 14, 2015 | $123.55 | Jan 20, 2015 | $123.38 |
| Feb 17, 2015 | $0.17 | ||
| Feb 14, 2015 | $123.55 | Feb 17, 2015 | $120.07 |
| Oct 25, 2018 | $3.48 | ||
| Mar 15, 2015 | $123.55 | Oct 25, 2018 | $123.55 |
| Apr 15, 2015 | $123.55 | Oct 25, 2018 | $123.55 |
| May 15, 2015 | $123.55 | Oct 25, 2018 | $123.55 |
| Jun 15, 2015 | $123.55 | Oct 25, 2018 | $123.55 |
| Jul 15, 2015 | $123.55 | Oct 25, 2018 | $26.98 |
| Mar 1, 2019 | $23.81 | ||
| Aug 15, 2015 | $123.55 | ||
| Sep 15, 2015 | $123.55 | ||
| Oct 15, 2015 | $123.55 | ||
| Nov 14, 2015 | $123.55 | ||
| Dec 14, 2015 | $123.50 | ||
Loading...