Zidisha |

Stephen

Kikambala - Maweni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stephen

Member since

May 2013

On-time repayments

20 installments • 15%

About Me

My name is Stephen Mwarumba. Am twenty one years old. I come from a family which is poor and life has been hard for us. Am an educated youth. I went to primary education and secondary education right now am in collage doing part time course. I started this business so i can manage to pay for my collage fees. I do operate mobile video library on free time. The business is doing good since in the area it's only me doing that business. I got the idea at collage from other students. I have manage to pay for my school fees and also i have buy a full set computer. Am thinking of expanding my business even to rent my own business premises and employ someone to do the job when i will be in collage.

My Business

I do operate mobile video library on free time. The business is doing good since in the area it's only me doing that business. The young generation like to watch movie and series and even the older ones some of them do like watching movies especially soap opera. Am very social and easy to make friends so it's like an added advantage to my business. In a month i make about. Ksh 29500. I spend Ksh 11000 to buy movie and series (stock for my business) i spend about Ksh 6000 on transport and communication to track and keep in touch with my clients and suppliers. So in amonth i save about Ksh 12500.

Loan Proposal

Thanks so much for the first loan it has really helped me a lot. My business is running good am even planning to to hire human resource to increase my profit. Also i want to buy more stock and also a HP color laserjet printer. Am looking forward to get a loan here again and thanks so much my lenders for giving me the chance to grow my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 9, 2013

Repayment status

On Time

Projected term

5 months

Other loans

Jun 2013: $100

Nov 2013: $205

Lenders

michellev

Melbourne, Australia

JakeA

Wellington, New Zealand

jzidi

Los Angeles, United States

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V
Volpone Apr 28, 2014

Hello Stephen,
How are you going ? Hope you recover from your operation.
Could you provide an update on your situation ?.
Thanks in advance.

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D
diza2722 Feb 23, 2014

Hi Stephen, your Facebook link goes to the Facebook page of Kupalia Mwarumba (your volunteer mentor)?

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Stephen Jan 25, 2014

Hello Zidisha and my lenders, How are you all doing? it's my hope that all of you are fine. I have been very sick for the past last month and i was not able to do my business as usual. I was admitted in hospital and an operation was done to me my stomach was always full, it was filled with air. So an operation was done to remove the air inside me. At the moment am not in the good state to start again my business because am superposed to rest for some months but i promise Zidisha to pay my loan.

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- V
  Volpone Jan 27, 2014
  
  Hi Stephen,
  Sorry to read about your bad health. I hope you will recover soon.
  I'm looking forward to read good news from your side.
  Cheers
  Volpone
  
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- C
  CZC Mar 25, 2014
  
  Stephen,
  
  I was sorry to hear about your bad health. I hope you are doing better by now.
  
  Please update us on your situation. Do you think you might be able to start repayments soon?
  
  Thanks,
  Cris
  
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Stephen Oct 18, 2013

I have been very sick for the past last month and i was not able to do my business as usual. I was admitted in hospital and an operation was done to me my stomach was always full, it was filled with air. So an operation was done to remove the air inside me. At the moment am not in the good state to start again my business because am superposed to rest for some months but i promise Zidisha to pay my loan.

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Stephen Aug 4, 2013

Thanks again for the loan. Very soon am going to get a lot of money from last week sale of my movies and am planning all my loan at once. And am thing to apply for another higher amount loan so that i can buy more machines and also employ human resource. thanks again for the support. God bless you sooooooooooooooooooooo much.

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Stephen Jul 23, 2013

Hello Zidisha, I just want to finish my loan within six months thats why i have reschedule my loan payments. Am planning to start paying back next month that is 6th of August 2013. My business is doing pretty well and thanks so much for giving me the loan it has really help me a lot. God bless the good job you're doing.

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