David

Utawala, Embakasi,nairobi, Kenya

100% repaid

Entrepreneur

Name

David

Member since

May 2013

On-time repayments

115 installments  •  37%

About Me

I am married with three children. my first born is in class three and the second born is in class one and the younger one is one and half year old. I a married to one wife who love so much. she is house wife and takes care of my children very well while I work hard in my business to provide the basic needs for my family. I have ventured to many business such as selling clothes which did not pick well due to lack of enough capital to run it. I was once employed a s casual labor in a timber industry for five year and then I moved to my own business of selling hardware building materials and equipments.

My Business

My business is of selling hardware materials and equipment to hardware shop on wholesales terms who the sell them to the their customer at retail price. I by my product directly from the manufacturer and distributors at a discounted price where I enjoy a cash discount and trade discount from the dealers and then sell them to my customer at a profit. In this business I make a profit of Ksh 15,000 per month after paying for all my expenses. this money I make I use for my family basic needs such as food and paying for rent. The main challenge of my business is lack of enough capital to buy more goods and meet the high transport cost

Loan Proposal

Thanks all who participate and given me this chance to post a loan. I wish to invite all the lenders and well wishers to support me and bid for my loan application. I will use the money to buy more products to supply to my customer from the dealers. I will by the in bulk and enjoy good cash discount which will give me good profit after selling to my customer at a reasonable price.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 12, 2013

Repayment status

On Time

Projected term

12 months

Lenders

Sundstroms

Falun, Sweden

Namaste250

Pittsford, United States

vinnio

Burlingame California, United States

K

kikusin

Shanghai, China

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  • David    Mar 30, 2022

    Job challenge,I lost the hardware business,I decided to something different,am currently doing transport

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  • David    Mar 24, 2016

    things worsened the time i closed down my business due to poor performance.i have now tried my best and i have now at least regained.looking forward to clear my loan.

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  • David    Aug 5, 2015

    the little amount is very forgetable thus preffering the larger amount,i therefore decide to go on the higher amount.

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  • David    Apr 27, 2015

    pls accept my apology for the late payment.i have been having a very crucial moment in a way that i could not even had time to go to cyber to adjust my payment. am so pressed financially but i hope with time i will catch up.pls lenders it is not that am ignorant but financial unstable.

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  • David    Feb 27, 2015

    i would first like to apologise for the late payment it was not my wish for this lateness.it was due to th poor performance of the business.the business has oflate gone down.many business people has been complaining of this .but i look forward to clearing my remaining amount without fail.

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  • David    Jan 19, 2015

    am very sorry for this changes n late payment,i didnt manage to travel home during december holiday n i traveled on january.this has made me unstable financialy leading me not to meet my payment,but i will proceed with my payment.once again am very sorry.the business has not yet resumed back to normal after the holiday.

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  • David    Jan 8, 2015

    dear lenders
    The year 2014 is gone n behold 2015 is at hand.what have we done to God to deserve this.only to say thanks to the Almighty God.Actually everything has been alright myself n my family.It has been a very wonderful beginning of the year n am cerebrating God's victory together with m family.my business is doing well n i may say i have seen God in everything.once again u lenders r very wonderful people n may God bless u big.

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  • David    Dec 13, 2014

    my photo looks very poor n am very much concerned about it.am working very hard on it and before the end of next week i will have posted another photo,please bear with me.

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  • David    Dec 13, 2014

    greatings,i just want to make an apology for having not payed my loan on 12th dec.this happens after i misplaced my safaricom line which i will have to replace if i dont get it.please leaders bear with me asi plan to pay by tomorrow or on monday.

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  • bconrad    Dec 1, 2014

    Dear Lenders,

    Due to a data entry error, a payment from David on November 21st was entered multiple times erroneously. Once this error is fixed in our system, the funds in your lender accounts will decrease accordingly. We apologize for this error and any inconvenience it causes you!

    Thank you,
    Bayle, Country Liaison Manager

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  • David    Nov 29, 2014

    i just want to come back to the initial figure that i was paying.with the increment of customer in my business,its my wish to go with the amount that i was paying in the very beginning.And if i will be able to pay even higher amount the better.comparing how my shop looked like when i got the second loan ,there is a very great different it almost looked empty.but now at least you can call it a hardware.

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  • David    Nov 26, 2014

    hey lenders am gland that God has given this chance to share with u, do you know you mean a lot to me?actually thing has been moving on well and i am pround of whom i am and what i do for a living.i am moving on well n my business is doing well.i will be posting a photo showing my shops display soon.

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  • David    Nov 26, 2014

    its my wish to clear my loan as i first made my agreement with zidisha.i am seen that my payment is moving on very slowly and it is my desire to clear faster so that i can move to the next level.actually my business have started picking and the sale have improved.am very thankful to the Almighty God and to you zidisha.

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  • David    Jun 21, 2014

    am so humbled for the disappointment i have made toward zidisha,as i said before, i have been having a problem with the payment due to business failure,the sale i used to make the previous two months is very different with the one i am making today.but this does not mean i wont clear my loan.i have been in business for long hence i know the problem encountered by business people.am so much determined to clear my loan even though it will take long.please zidisha bear with me as i look foward in clearing my loan.thanks

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  • David    May 14, 2014

    i am once again gland as i share my mind with u.i was very much determind to this within the said 22 weeks but i have found it hard.this is because business has somehow become down and am seen that if i continue paying this much i will mesh and i dont want to be a failure.the way we used to sell the previous two mounth is not the way we are selling.ie the market has gone down.

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  • David    May 12, 2014

    am good n doing well.the only problem i have encountered from zidisha is the lateness in updating ones payment.

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  • David    Apr 13, 2014

    am worried that i paid my loan on 12-4-2014
    and up to now it has not yet been up dated.please let me know what the problem is.

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  • David    Apr 9, 2014

    am taking this oppotunity to thank you all lenders who have contributed towards my current loan that am to start servicing the coming weekend.i have already purchased
    towards my hardware items and am moving on well.

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  • David    Mar 28, 2014

    i am once again grateful for u zidisha for your continous support. am borrowing this loan for the benefit i have attained from the previous loan.i belief in expanding and developing and in hard working,through this organisation i know my family life will change.

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  • David    Mar 17, 2014

    moving on well with my family,my business as well as my day to day life.am very humbled as i post this comment to you.you have been very wounderful people not only to me but to many who have benefited from zidisha like myself.i hope i have been moving on well with my payment and i inted to pay the remaining balance in two bits so that i can move ahead.thanks david.

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