Timber sales

Fedeles

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Fedeles

Member since

September 2016

On-time repayments

74 installments  •  30%

About Me

ijoined primary and did my class eight exams in 1994 at shikoti mixed pr in kakamega after that my sister who was by then my gurdian passed away followed by my mum. i managed to join form one helped by a well wisher who was my inlaw because my father was unable to assist as he was jobless.After my f4 i joined my cousin who was abusinessman ie sold timber he trained me to operate apowersaw machine where i started cutting trees and became a fundi . this helped me raise capital and started buying trees on my own.My children are also encouraged because i go along with them during holidays whenever i go to cut trees this was unusual in the past though i had developed interest in jua kali when i was young

My Business

i sell timber which is on a high demand in my area . my customer make furniture from the same.The business has helped me in farming and expansion of the same because i started with a lower income of $5 and am now ranging to $50

Loan Proposal

Describe whati you will do with the loan.iwill use the loan to buy petrol to be used by the powersaw to split timber

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Jan 6, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

JA

Jason and Sandra

Toronto, Canada

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  • Fedeles    Mar 4, 2018

    i have reduced the installment due to un availability of mpesa shops plus networking problem wich has forced me to use the available amount in my mpesa account.

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  • Fedeles    Feb 8, 2018

    much thanks to my lenders. i will use the loan to buy trees to split timber for sale. this will make me raise money to buy a powersaw.

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  • Joshi    Feb 7, 2018

    Hello Fedeles, hope you can buy the powersaw now and dont have to rent it anymore. All the best...

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  • Fedeles    Jan 25, 2018

    thanks to my lenders the past loan helped me to buy petrol to be used in the powersaw to split timber for sale

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  • Fedeles    Jan 7, 2018

    thanks my lenters for fully funding me the loan as it has helped me to expand my business.ie i bought a tree in addition and split timber for sale and also made furniture for sale in the last festive season.this allowed me to make a good profit.i hope the next loan will make me improve more in my business.thanks God bless you.

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  • Fedeles    Jan 5, 2018

    due to my profits in my sales in business am able to pay the above due instalments much more.thanks

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  • Fedeles    Dec 23, 2017

    am increasing my installment because my current loan has yielded me more than the amount i expected for the initial amount.my business has given me good profit from the disbursed loan.

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  • Fedeles    Dec 15, 2017

    i will use the loan to buy a tree to split timber for sale and also to make furniture for sale to grow my business.much thanks to my lenders for fully funding me with what i requested as it will make my business grow larger in future.

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  • Fedeles    Mar 31, 2017

    please zidisha team,following your request for me to contact members in arreas i have been doing so for atleast more than amonth of which some members keep promises and some have chosen to be out of reach with their phone contacts.as such i have been giving out feedbacks on most cases.for how long can this take for me to be allowed to have my next loan because am unable to move on with my business.thanks team God bless you

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  • Fedeles    Feb 21, 2017

    lenders keep it up coz you have made communities improve through your loans thus changing peoples life.for those of whom i have tried to contact and explain how zidisha works have been able to join and make their ends meet.to me my business is going on well with minimal expences and am sure with the next loan iwill be able to buy working equipments ie powersaw and timber grooving machines. God bless the work of your hands you lenders as you continue to lend others.

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  • Fedeles    Jan 28, 2017

    am happy with zidisha for lending together with others with the funds we are able to built a better society.thanks to my fellow members whom i have been calling and sharing about zidisha those who have followed instructions have succeeded in life .with me am going on well with my business and am sure when well funded i will be able to run a larger business.

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  • Fedeles    Jan 7, 2017

    thanks very much my lenders for my 2nd loan disbursement of $5.4 ihave used the money to buy petrol for powersaw machine . this is what am doing though my business need $5000 for purchase of powersaw and grooving machines. because by now am using the hired ones.God bless you.

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  • Fedeles    Jan 3, 2017

    thanks very much for the loan because this will facilitate my business as i will buy petrol plus engine oil costing $1000 . as per now if all goes well i will be able to buy my own powersaw costing$800 God bless you

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  • Fedeles    Dec 29, 2016

    hii zidisha team, thanks for my first loan disbursement, indeed the amount helped me in the purchase of petrol to be used in the powersaw machine to split trees . this boosted my business as i had timber for my customers this festive season whereby in western kenya most customers make furniture for different ceremonies . my urge to you members is help me with atleast $2000 in my second application because my business is situated at a busy growing market of wich if better i can use the amount to purchase my own powersaw machine & timber grooving machine because right now am using the hired ones which expensive for me to pay $20 per day for the same machines daily.this may save me so that i can expand my business.please help me lender if indeed you care for my business to grow fast.God bless you and the work of your hands.

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  • Fedeles    Dec 3, 2016

    please help me raise a loan of $500 because l need equipments eg. Powersaws to expand my business now

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  • Fedeles    Dec 3, 2016

    my business needs expansion because it situated at a bussy center,please assist me raise $500 by now to catch up and maintain my customers as my current credit limit is $5

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  • Fedeles    Nov 7, 2016

    Thanks for funding me the loan i had applied in full for the first time.the amount has helped me to purchase petrol to be used by the hired powersaw in order to split timber and supply to my customers.with the small cash i have obtained from the sales am able to purchase atree again ready to split .my hope is in future with zidisha lenders behind me i will be able to improve my business by buying more trees and using my own powersaw

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  • Fedeles    Oct 27, 2016

    thanks for the loan as it will assist me to buy a tree which i will split and sell timber to get more finance to expand my business

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