Erastus

Kahawa West, Kenya

100% repaid

Entrepreneur

Name

Erastus

Member since

July 2013

On-time repayments

40 installments  •  33%

About Me

My professional background, exposure, academic knowledge and a positive work attitude arms me with the ability to handle the youth and train them elections and the political parties Act. My academic background includes that am a degree holder in Social Sciences; Development Economics from Makerere University, Kampala plus am computer literate. My business is that I do online academic research and field market research. I entered into this business because there is a research gap and many university students find it handle to work on their assignments, therefore, i saw this gap as earning venture.

My Business

Given that learning in university is a continuous process students keep doing assignments and course-works. This business in my country is not very common because those in the business are concentrating on the international market, therefore, the loan will help me venture into the local market which will provide better earnings than the international market. My tag line in the business is that provision of high quality services is my primary objective. With this expansion I will be able to offer employment to 2-3 youths so as to increase the turnover.

Loan Proposal

The loan will be used in renting out an office because i have increased employees and i want to separate my personal life to the job. First I would like to thank zidisha and the lenders for placing their trust in me and funding my business. The new loan will be used to expand my business by buying to new computer together with my saving. I will also work to separate my job and my personal life and rent out an office because my personal house works as my office.

Feedback

2

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$106.00

Date disbursed

Sep 25, 2013

Repayment status

On Time

Projected term

12 months

Lenders

Jeff and Marcie

Portland, OR, United States

Crestwood

Hamburg, Germany

C

cfaul

Seattle, United States

S

sersche

Zurich, Switzerland

Bobrm2k3

Charleston, United States

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

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  • SeeMeeFi    Jul 5, 2014

    Hi Erastus!
    I hope this loan helps you grow your business and that your future plans come true!

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  • Erastus    Nov 2, 2013

    I have been having a problem that i have spent a lot of money so i wont be able to make a first installment payment but i will do it before the end of this month. After that period i will be able to even reduce the installments so as to complete my loan as soon as possible. This extension will allow me to concentrate with my work but i promise by the next repayment day i will be able to make a repayment as rescheduled.

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  • Erastus    Oct 11, 2013

    Let me first start by thanking the lenders who have placed their trust in me and have taken a step to fund my business. The loan has been helpful in modernizing my business, it has allowed me to install permanent internet in my home because i was using temporary internet which is expensive and slow. This will enable me and my employees to continue producing quality products for my clients which will place us in a better position in the market. This is a great step in my business because it is allowing me to handle even complex work which will increase the company earnings. I would also thank the Zidisha team for the support they have offered all this time am looking forward to increased cooperation.

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  • Erastus    Sep 5, 2013

    My income has increased because of my new computer and increased employees. Therefore I have seen it necessary to repay the loan so as to move to the next level. My next loan will allow me to rent out an office and even increase employees and working tools. My monthly income has increased and therefore, i can afford to repay my loan with only two installments. The loan has been very helpful to me and in my job as a researcher.

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  • Naroa    Aug 5, 2013

    Dear Zidisha members,

    I’m Naroa Zurutuza, Zidisha’s Client Relationship Manager in Kenya currently visiting clients all over the country.

    Last week I had the pleasure to meet Erastus Muhia. It was my first visit to Kahawa West, a neighbor located in the northeast of Nairobi so he showed me around and we walked to his place which currently servers as home and office.

    Mr. Muhia is originally from Kenya, however, he recently came back from Uganda, Kampala where he spent his University years studying Social Sciences and Economics due to the good quality and low fees of universities in Uganda.

    Around one year ago, he decided to start his own business together with his wife. They help worldwide students with their academic research and assignments. It’s a business where quality work is rewarded by good reviews that ensure future customers. Since the business is doing well, they are training a new employer to help them respond to the high demand.

    They used the first Zidisha loan to purchase a new computer that allows them doing multiple simultaneous research and thus, double efficiency and profits. In the future, in one hand, they would like to hire more employers and be able to accept more paper and assignment requests. On the other hand, in order to separate their personal and working life, they are planning on renting and office.

    Thanks a lot for your hospitality Mr. Muhia, I wish you all the best luck in your future.

    Naroa Zurutuza

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  • Erastus    Jul 23, 2013

    Thanks so much for the loan it has helped setup an office for my research, this will help me to continue expanding my business.

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