Supply my village with corn and beans

Elijah Kung'u

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Elijah Kung'u

Member since

July 2011

On-time repayments

340 installments  •  56%

About Me

My name is Elijah Nderitu Kung’u I live in Bahati at a place called Maili Kumi na Mbili, from Nakuru to Nyahururu you reach a place called Maili Kumi you take a road to Solai or Wanyororo, along that road you aright at a place called Maili Kumi na Mbili where there is bore holes which supply water to Nakuru.am a married man with children.

My Business

I operate a wholesale/retail general shop at Maili Kumi Center where a sell to the people around t like people from Wanyororo, Maili Tisa, Bahati and Maili Kumi. I have been doing this business from the year 1996 this business has helped to raise my children and also to buy my plot at Maili Kumi Mbili where we live currently. From this business I get about 800000 profits annually.

Loan Proposal

thank Zidisha team for the previous loans. It has improved my business very much and also it has made my business to attract new customers because of the good stock. For the incoming loan I would like to boost my business and because at our country every commodity has gone up I would need more money than what I have been using. I would need to purchase new stock for the old stock is almost finished.

Feedback

10

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,019.24

Date disbursed

Mar 11, 2014

Repayment status

On Time

Projected term

23 months

Cost to entrepreneur

Lender interest: $2,019.24 at 5.49% annual rate over 23 months = $213.18

Service fee: $137.06

Lenders

K

Kondonassis

Bridgton, United States

AWOL

USA, United States

J

Jason

New Jersey, United States

Brian

Midhurst, Canada

C

chkuo

Taipei, Taiwan

Dipsius

London, United Kingdom

V

velocity

Nueremberg, Germany

L

lmuenchen

Munich, Germany

Johnny

shanghai, China

B

Bpryse

Long beach, United States

P

ploeger

Perkasie, United States

ErikN

Stockholm, Sweden

Kjartan

Oslo, Norway

rickytherhino

Decatur, United States

Z

zako316

Chicago, United States

Cordula

Cologne, Germany

L

lped759

Saint Paul, United States

M

Markus

Tirschenreuth, Germany

BrianHibbs

South Bend, United States

JimVandegriff

Trinidad, California, United States

B

Bavarian

Bavaria, Germany

H

hanso

Arendal, Norway

T

tonilends

catalonia is not:, Spain

E

explosionsky

Brooklyn, United States

SHRFamily

Vancouver, Canada

A

aiban

Austin, United States

J

JoeSolar

Virginia, United States

Namaste250

Pittsford, United States

A

argos

Zurich, Switzerland

I

ivanill

Lansing, United States

A

Aaron

Zurich, Switzerland

I

ijerkov

Zagreb, Croatia

DT

Dru Tarr

Gloucester, United States

Paula

Heerlen, Netherlands

A

alexvanandel

Haarlemmermeer, Netherlands

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

Richard Griebe

La Jolla, United States

H

Haavard

Bergen, Norway

M

mibrahim51

Mountain View, United States

O

ormung13

Christchurch, New Zealand

C

cazz14

dunedin, New Zealand

dlpringle

Denver, United States

G

GreenMoney

Lahr, Germany

G

GanSatya

United States

C

Csquared

United States

O

oonbug

United States

Matching Fund

Sterling, United States

N

nycjen

United States

NA

NO ACCOUNT

Bluba, Germany

Gringotts

United States

Kamil

Lidzbark Warminski, Poland

L

lenders

United States

X

xavier

Toronto, Canada

S

suraj_sindhia

United States

T

tengbao

United States

M

mpcovcd

United States

S

spivurno

United States

M

meric

Australia

C

ConanGreer

United States

S

science4sail

United States

Paul Buchheit

Mountain View, United States

S

SimonAngus

South Africa

V

valiy

Switzerland

Ask Elijah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Timothy Ayemba    Sep 7, 2020

    I talked to Elijah and he told me he will make repayment on 16 of this month.

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  • Elijah Kung'u    Jun 16, 2020

    20 bags of maize @ 3000 Kes 60000
    30 bags of rice @2500 Kes 45000
    20 bags of sugar @ 2500 Kes 50000
    Cooking oil Kes 10000
    Miscellaneous Kes 5000
    Total Kes 170000

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  • Elijah Kung'u    May 26, 2020

    20 bags of maize @ 3000 Kes 60000
    30 bags of rice @2500 Kes 45000
    20 bags of sugar @ 2500 Kes 50000
    Cooking oil Kes 10000
    Miscellaneous Kes 5000
    Total Kes 170000

    Log in to reply • Share
  • Grace Akoth    Apr 13, 2020

    I talked to Elijah and he is experiencing problems in his business due to the pandemic. However he promised to pay his arrears before the end of this week. We talked about him reducing his instalments and the need for on time repayments. I wished him well as I encouraged him to keep safe, observe the health rules as stipulated by ministry of health to be safe from corona

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  • Eunice Atieno Otieno    Apr 1, 2020

    He has requested for more time to send his loan. Thank you

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  • Robinson Karaba    Jan 30, 2020

    Mr Kungu promised to repay, but I have explained what on time repayments means, not paying lump-sum dues in arrears, but paying for the installments when they're due, and if he wants to pay ahead of time it means no weekly installment should fall in arrears for more than two days from the due date, so the lump-sum payment should cover a period such that it takes care of the this rule.

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  • Caroline Muhoro    Dec 28, 2019

    Mr Kungu will pay the lon very soon.

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  • Caroline Muhoro    Nov 27, 2019

    Elijah requested to be paying one installment after every three months.

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  • Caroline Muhoro    Oct 15, 2019

    Elijah promised to be paying once after every two months.

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  • Caroline Muhoro    Sep 10, 2019

    Hello i was able to talk to Elijah today and he has promised to pay for his loan not later than 15th of this month.

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  • Caroline Muhoro    Sep 1, 2019

    Hello Lenders Elijah requested to be paying once in two months he has paid for July and August already each month 10k,for September and October he will pay next week. Thanks

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  • Caroline Muhoro    Jul 31, 2019

    Elijah is very positive even if he has missed several payment he will start repaying coming Saturday this week he wanted to be assisted on how to adjust the payment and I have given him the steps to do it. You can do it Elijah

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  • Josphine Gashara    Jul 30, 2019

    Mr.Kung'u has requested for more time to service his loan. Thankyou

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  • Elijah Kung'u    Jun 25, 2019

    Than you zidisha lenders for the loan
    I will buy
    rice 3x50kg kes 50,000
    sugar 2x50kg kes 50,000
    sorted goods kes 50,000
    kes 150,000

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  • Elijah Kung'u    Mar 21, 2019

    i use the amount to stock my shop i will buy good worth Kes 200000 then the profit i will use construct rental houses which will bring profit in return.

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  • Elijah Kung'u    Oct 2, 2017

    i will stock my shop with all the money Kes 171000 and the remaining will be used for transport. I am trusting that it will give a good profit of about 95% which i will use to pay the loan and also build one rental house in my plot thankyZidisha lenders it is because of that i have been able to excel. Thank you very much.

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  • Elijah Kung'u    Sep 26, 2017

    The previous loan was of great help to me i was able to stock my shop and i got 90% profit and i used the profit to build a houses for rent and now I am getting some return from those houses because I have already finished and now renting.Thanks to Zidisha lenders.

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  • Ken Njiru    Mar 23, 2016

    Elijah has promised to start the repayment from 20th April 2016

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  • Elijah Kung'u    Jan 29, 2016

    With the Kes 171,000 you lend to me, I was able to stock the shop and after the sell i got a good profit which enabled me to buy plot costing Kes 3000,000 after adding some saving which I had made earlier.Thanks to Zidisha team you have made be able to go one step a head through your loan.

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  • Elijah Kung'u    Apr 7, 2015

    i received 206,292 and i used the amount to buy new stock in my shop. Thanks so much lenders.

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