Zidisha |

Alex

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Alex

Member since

December 2011

On-time repayments

293 installments • 77%

About Me

I am married with three child I live in Nairobi Utawala and went to school at St Peter Mumias where passed my O- level Exams very well but I did not join the University because of lack of resources and I decided to start a business of retail shop in the year 2004 and with this business I have been able to take care of my family and pay for my Children School fees. I use the profit from my business to expand my business and build permanent building for my business so that it is more secure. Zidisha Lenders have been a bless since year 2012 and my business have grown from strength to strength and am able to support a happy family and support my community and the country.

My Business

I have Business of retail shop where I sell Green grocery and wholesale , food such as maize meal, rice,cooking fats,detergents.milk, breads and many more. from this business a make average income of Kes 680,000 per month before paying for my expenses. I also own m-pesa business offering mobile phone banking services to the locals and this gives me Ksh 20,000 per month. I face challenge in this business such as high cost of products and fuel. I kindly request Zidisha lenders to partner and finance my business to be able to buy a small van to carry my merchandises from the wholesale market to my shop. The Delivery van will save my business on transport expense and increase my revenue by 20 %. . The Delivery Van will cost about Ksh 600,000 for a good second Van.

Loan Proposal

The loan is for buying more products for sale such as vegetables, fruits, cereals and fast moving groceries. More stock will help me meet my customer needs and increase my profit by good margin and expand my business so that I may be able to meet family expences too

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$613.00

Date disbursed

Mar 9, 2012

Repayment status

On Time

Projected term

12 months

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morgenstern

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Janice Oct 15, 2020

I reminded Kephar to pay his loan that is overdue to maintain his percentage rate and future chances to get more loans.

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- Stephan Nov 17, 2020
  
  Any chance for an update? Another month has passed without any communication from him
  
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Janice Sep 15, 2020

I have again contacted Kepher concerning his late loan payments and he promised to re-continue sooner by next week.

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Stephan likes this.
Janice Aug 14, 2020

I talked to Alex and he will adjust downwards his loan to avoid the negative on time.

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Alex Jun 28, 2020

The business is low during this period of covid 19

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Janice Jun 12, 2020

I talked to Alex and he will be adjusting his loan and pay on-time the minimal amount for now.

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Lisa likes this.
Alex May 11, 2020

Thanks for fully funding my loan, will use it to by a van to transport my goods to my business

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Jason Marshall likes this.
M
Margaret May 8, 2020

Hi Alex,
This is a great idea to save on cost of transportation and provide a service to your community. I hope you and your family are safe through the Coronavirus and that things stay good for your business. Regards, Margaret

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MW
Mark Weir May 8, 2020

Good luck Alex

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Stephan May 6, 2020

Good luck with the van and the transportaton services Alex :)

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Alex Mar 17, 2020

Hi thanks for supporting me in my business, friend visited my business

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Alex Feb 3, 2020

I wish to reduce my weekly payment to affordable amount,

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Alex Dec 14, 2019

I wish to reduce my payment to affordable weekly installment

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Alex Oct 21, 2019

I wish to adjust my payment installment to affordable weekly figure.

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Alex Sep 5, 2019

I wish to adjust my loan installment to manageable weekly payment

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Alex Jul 15, 2019

I wish to adjust my loan repayment to affordable weekly repayment.

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J
jmony May 31, 2019

Hi Alex! I see that you are able to sustain the payments but looking to adjust them. Did you have a plan in mind? Is it a cashflow problem, operational debt increasing, etc.? Do you have ideas of things that would help yourself (maybe something that is not money)? Keep going, your business looks promising. Are you OK with the m-pesa aspect of your business? What’s up with the banking side?

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- Alex Aug 22, 2019
  
  Thanks for your concern my business is doing ok, a part from few cash problem challenges which am able to manage. The M-PESA Business is okay picking well.
  
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Alex May 29, 2019

I wish to reduce repayment to affordable levels

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Alex Apr 7, 2019

Wish to reduce payment instruction to weekly a fordable amount

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Alex Feb 13, 2019

I wish to reduce my loan repayment to weekly affordable installment

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Alex Jan 26, 2019

Thanks lenders for fully investing and funding my loan, I will use the money as planned and expand my business

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