To boost my stock

Shadrack Opiayo

Misikhu - Kakamega, Kenya

10% repaid

Entrepreneur

Name

Shadrack Opiayo

Member since

March 2017

On-time repayments

137 installments  •  29%

About Me

I am Shadrack Opiayo Iselo I am a male 43 years old I live in Western Kenya. I am married to one wife and blessed with three children two girls and a boy. I have a business of selling cereals and I also ran an M-pesa in the same premises at the shopping centre.

I am a member of men's fellowship in our church where we I have introduced a merry-go-round to uplift our finances and I am the chairman which I have seen the members embracing it so much through my encouragement, I thank God for them.

My Business

I started a business of M-pesa and selling cereals in 2014. I choose to run it in Western Kenya where I found it easier to source my cereal direct from farmers at a reasonable price. I have been supplying to schools in Western and by God's grace I also have clientele in Kisumu town where I use public transport to make sure they have got the cereals they need and it has been abit challenging to me because during the festive season when many people are travelling they raise the fare.

Loan Proposal

With my business of selling cereals I would like to request you a loan for boosting my stock since I have established new clientele and I need to meet their requirement and also schools and about to open I have to supplied them with cereals e.g beans, maize and in some I have to provide flour in sacks that means I have grind the maize in several sacks to sell to the school I need to have enough stock and I am requesting you to be kind enough and give me a loan of US$660 so that I can buy enough stock direct from the farmers this will be rounded up plus the transportation to my cereal shop and to the clients. Thanking you in advance for you continued support in my business. Awaiting you quick response

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$625.00

Date disbursed

Dec 17, 2017

Repayment status

Late

Projected term

24 months

Other loans

Lenders

J

jasonbronowitz

Tempe, United States

B

beckynagel

United States

C P

Mazatlan, Mexico

Paul Buchheit

Mountain View, United States

CH

Christian Holck

United Kingdom

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  • Shadrack Opiayo    Oct 29, 2018

    I would like to reduce the amount to KShs.500/= for the time being due to family problems I have gone through I lost my loved one who has been sick for quite sometime and went to be with the Lord it has distablised my finances due to hospital bill and funeral bills I had to pay please bear with me for being so much behind in my payment.

    Thanking you in advance for your kind understanding and may God bless you mightly.

    Regards,
    Shadrack

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  • Kennedy    May 23, 2018

    I have called him and he says he will pay soon. I also advised him to adjust the amount he indicated that he will be paying per installment in order to keep a good profile

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  • Kennedy    Apr 18, 2018

    I called him and he promised to give his arrears soon

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  • Kennedy    Mar 16, 2018

    i called him and he explained to me how his business has been down for some time but he is recovering. he said he will pay something by the end of this week

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  • Shadrack Opiayo    Jan 24, 2018

    Hi Lenders,

    Thank you for the loan you gave me I have managed restock my cereal and come this time I was on time to supply to schools which just opened and other colleges who always want to have their supply on time this is because of your help and I am grateful to you my lenders thanks once more and happy new year to all.

    Regards,
    Shadrack Iselo

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  • Shadrack Opiayo    Dec 18, 2017

    Hi my Lenders,

    Thank you very much for loaning me this money it will really boost my business. I will manage to buy cereals and other commodity for my customers and it will help me meet their needs come january. I am really grateful thank you may God bless you abundantly, Merry Chritmas and Properous New Year.

    Regards,
    Shadrack

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  • Shadrack Opiayo    Dec 15, 2017

    Hi Lenders,

    Thank you for your kind consideration this loan will uplift my business now I can buy my stock of cereals before the schools open from the farmers and transport them on time . I will be able to meet the demands of my new clientele with ease since they needed the supply immediately we open after Christmas. I am very grateful to all my lenders may God bless you and enrich you and have a Merry Chritmas and a Prosperous New Year.

    Regards,
    Shadrack

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  • Shadrack Opiayo    Dec 14, 2017

    Dear Lenders,

    I am very grateful for your kindness when you loaned me money I have improved my business I bought more stock of cereals which are in great demand since schools are opening and I need to supply. I increased my stock because I have acquired more clientele and to meet their needs I had to do that. With the increased earning I have expanded my little shop I sell other retail products since I have expanded the my shop thanks to Zidisha. Now I can afford to pay school fees for my children and I have been able to make sure they have all they need for their education while on that I believe now I believe we can have a family trip to visit my rural area with the little income I have earned thanks to Zidisha Family I owe it all to you. Forgive me because I operate in the village where the computers are not yet available I would really love to upgrade you every now and then that is the only problem but I believe one of the fine days as my business grows I would be the one to introduce this which is a new business in the village area and that is a plus for me, I also want to thank you for my mentor Ken he is a very polite and friendly person who has encouraged me through and through who is never tied of answering my calls or visiting my business whenever I wanted help . Thanks once more and may you have a merry Christmas and prosperous new year.

    Regards,
    Shadrack Opiayo Iselo

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  • Kennedy    Dec 13, 2017

    he is a trustworthy man from the way he talks to me. he calls me most of the time and his business is growing at a wonderful rate and with the Help of Zidisha, he will be able to turn the world around positively

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  • Shadrack Opiayo    Nov 16, 2017

    Hi Lenders,

    Thanks once again for your kind support I really appreciate your help one thing I would request you is to bear with me I am on the field and getting to the computer to write a comment is abit difficult because I am in the village but whenever I get a chance I will be writing to let you know how my business is progressing so far you have enabled me to come this far thank you and God bless all of you.

    Regards,
    Shadrack

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  • Shadrack Opiayo    Mar 23, 2017

    Hi Lenders,

    I am very grateful for the way you have responded to assist me with this loan as per my proposal some money will go towards boosting my M-pesa and the balance will go to purchasing cereals. I say thank you very much for your kindness.

    Regards,
    Shadrack

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