To buy laminator

Emmanuel

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Emmanuel

Member since

June 2015

On-time repayments

108 installments  •  13%

About Me

My names is Korir Emmanul from Nakuru Kenya. I was born in Kericho county.tmy upbringing was tough as we were three of us and our parent struggled to see us through school. My goal was to have my own business this was not easy at first because i had to be employed so as to be able to raise some capital. By God’s grace I joined a computer college and did computer packages. In the computer college I got a friend who connected me with her friend who had a cyber, I got a job in the cyber café and worked there for two years. While working in the cyber café,i got the experience even though it was difficult for me to save because the salary was not to my expectation.By the time my contract was over i had little savings,that s when it hit me that i had to seek other ways of raising my capital.I approached a friends who had three extra desktop computer at home and he accepted to sell it to me later i acquired a second hand printer and that s how start. so am continue with my business smoothy

My Business

plot no180 Tugen farm heading to Wakimondo house no 2007 in Nakuru town west ,My business is located in Kaptembwa area near kapembwa primary school opposite Mugeso house 2001.I started operating my business in the year 2012 with a capital of USD 210.My business deals with printing, typesetting and photocopy . The business is licensed and issued with a single business permit(annual license). In a day i can serve more than 210 different customers mainly of photocopy services because i enjoy monopoly as other computer services are far away. In a clean month i can make profit of upto sales of $ 110 after i have added more stock ,paid rent and electricity bill.
In a way of the zidisha microfinance supporting my business,i will be able to make good profits which will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team

Loan Proposal

The business is doing well since it is the only one in this line and demand is high. Business has been good but I would like to make some few additions that is why I come to Zidisha. In my business hard work and luck has really been on my side since I have yet to experience losses in my stint at business. my laminator has has got bad. it burnt some document

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 21, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

PG

Paul Graham

United States

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  • Brian    May 5, 2016

    Hi lenders, I've managed to talk to Emanuel and has promised to continue with payments this coming Sunday.Thanks!

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  • Brian    May 5, 2016

    Hi lenders, i managed to find Emanuel on phone and has promised to continue with the payments this coming Sunday. Thanks.

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  • Aran Dunlop    Mar 9, 2016

    Hi Emmanuel, hope you are well. Could you please provide an update on the repairs to the electrical?

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  • Emmanuel    Dec 3, 2015

    i would like to reduce the amount of installment because i have a bit challenge for electricity. the management decide to repair the whole plot wire ring and i don`t have a backup. i will increase the installment soon when the normal business operate.
    thank you

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  • Emmanuel    Nov 27, 2015

    i am appreciating my team zidisha for a good job that they did. am continue well in my business so soon i will able to stand well and increase my loan payment so that i finished early and borrow the third loan

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  • Emmanuel    Nov 20, 2015

    thank you my lenders who lend me and i able to purchase the stationaries to m y cybercafe and am going well.
    i will able to repaid in time and manage to borrow the third loan
    thanks a lot the zidisha team

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  • Emmanuel    Nov 4, 2015

    i receive the money 9654 kenya shillings and i will able buy the stationaries and i will appreciate my lenders who lend me. thanks a lot

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  • Emmanuel    Oct 27, 2015

    i will able to buy the stationaries and will help me to boost my business and make me to repay the loan on time
    thank you my lenders who lend me

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  • Aran Dunlop    Oct 26, 2015

    Hi Emmanuel, like your business, you're fully funded. All the very best with your expansion, keep up the good work!

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  • Emmanuel    Oct 13, 2015

    i want to thank my lender in their support that make them lend me on the first loan now am taking the second loan am happy to request to raise second loan. thanks

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  • Emmanuel    Sep 30, 2015

    i will pay this installment because my business is walking well and i have more profit

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  • Emmanuel    Aug 31, 2015

    my business is going well and soon i will complete and able reapply the second loan and thanks a lot my lender.

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