To purchase inventory and equipment for my new butchery

Samuel Wanjiku

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Samuel Wanjiku

Member since

May 2019

On-time repayments

109 installments  •  74%

About Me

I was born in bungoma town in bungoma county in the years 1983.I started schooling when i gatanga primary later own i moved to bungoma to complete my o level and college.The hardship i have overcome by believing in myself and doing the write thing by working hard and smart.Something unique about my community is that they like venturing into agribusiness.

My Business

I am a businessman running my own sole business.i decided to venture into this so as to create employment to my fellow youth and also to be self dependent.the people around my community mainly venture on agribusiness , therefore i decided to focus in that industry.My business generates a total of ksh.15,000-25,000 on a daily basis with a serious abnormal profits.

Loan Proposal

The main reason ave decided to apply for this loan is for the purposes of helping me raise enough funds to start a butchery business next to my restaurant.Meat is on high demand within the area where i come from but the supply is very low.Most butchery owners closed shop and ventured into grocery selling after COVID - 19 Pandemic struct hence leaving the meat business to suffer.
By venturing into this business, i will be able help with constant supply of meat within the area and far and my restaurant too will have a constant supply of meat.
By venturing into this business, i will also be able to boost my restaurant business since meat for the restaurant business will be easily a available hence saving on time wasted looking for meat.

Income Source

After carrying out a study around where i stay i came to a conclusion that meat was high on demand but there were very few suppliers hence most meat customers were left disappointed and unsatisfied.By setting up this business, i believe i will be able to get customers who will buy the meat hence i will be able to repay the loan.
By the help of lenders funding a loan i applied in the past, i was able start a restaurant business which is doing well.I can also pay for this loan by using profits from my restaurant business in case the new butchery alone fails to raise enough money to repay for this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,082.31

Date disbursed

Oct 26, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $97.97

Credit risk payment: $146.95

Lenders

johnandmoliehi

Canton, New York, United States

P

pmyadlowsky

Charlottesville, United States

G

graememoss

Amsterdam, Netherlands

JessieD

Alexandria, Va, United States

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

C

CarolD

Hendersonville, United States

A

AndrewC

London, United Kingdom

D

dcheung

San Francisco, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

R

richdullaghan

Encinitas, United States

O

ormung13

Christchurch, New Zealand

sderickson

Berkeley, CA, United States

Arjan Geven

Vienna, Austria

Laparo

Dusseldorf, Germany

utdream

United States

M

mbarbier

United States

S

Stephan

Netherlands

RJ

Ryan J Cotton

United States

Dave Bogard

New York, United States

MW

Matt Willis

United States

Jon

Sweden

Kristin Rhodes

Kansas City, Kansas, United States

C

cota

United States

F

Frits

Rotterdam, Netherlands

Mark Grey

Redding, CT, United States

Aran Dunlop

United States

Joe Lamantia

Reston, Virginia, United States

Rosario von Li

San Jose, Ca, United States

Elise E

United States

SH

Steven Huntington

London, United Kingdom

T

Tom

United States

S

stevensau

United States

P

Phips

Switzerland

I

isaac

United Kingdom

MS

Marcus Siegel

San Francisco, United States

SA

Steve A

Newbury, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

WS

Warren Shen

United States

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

Carrie

Arlington, MA, United States

Darren Jeppson

Denver, Colorado, United States

LM

Lee Montecucco

Washington State, United States

AM

Andy Marston

United Kingdom

Stefan Koshold

Mülheim, Germany

J

Jen

Germany

J

Juhani

Helsinki, Finland

AR

Axel Ratzer

Neuss, Germany

C

Carol

Bayswater, WA, Australia

L

Lisa

United States

EA

Eric Ayers

Atlanta, United States

Peter Collins

Darmstadt, Germany

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

M

MaggieK

United States

JB

Juan Busco

United States

DB

David Buchanan

Ilmenau, Germany

R

Ru

New York, United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

MN

Mike Newhof

Grand Rapids, MI, United States

B

Byron

Australia

A

Anonymous

United States

Black and White Zebra

Vancouver, Canada

K

Kuba

Poland

CG

Chris Greene

Birmingham, AL, United States

A

Andy

United States

AC

Alex Campbell

United States

Tiff Reagan

Salem, Oregon, United States

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

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  • Samuel Wanjiku    Mar 19, 2022

    Due to emerncy issues kindly i request to reduce all my installments reason i was robbed conned i deliverd dry foods for almost four hudred and fifty thousands this is because i hav not able to pay my installements kindly receive my request also for the last three weeks i was admitted.

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  • Samuel Wanjiku    Feb 3, 2022

    THIS LOAN I WIL USE IT BY EXPANSION OF STORAGE STORES FOR MY CERIALS SHOP WHICH REQUIRES APPROXIMITLY THREE HUNDREDS KENYA SHILLINGS THIS WILL HELP MY BUSINESS FOR GOOD STORAGE WHEN I PURCHASE MORE CERIALS TO FARMERS ALSO I WILL CREATE MORE JOB OPPORTUNITIES TO THE SOCIETY ALSO I TAKE THIS OPPORTUNITY TO THANK ALL THOSE WHO RAISE THEIR MONEY TO FUND MY LOAN GOD BLESS U ALL AND I PROMISE IWILL PAY MY LOAN GOD BE WITH YOU THANK YOU ZIDISHA.

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  • James Chege    Feb 2, 2022

    Good work.

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  • Andrew Crawford    Feb 1, 2022

    Good luck with the expansion Samuel

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  • Jonathan Zulu    Feb 1, 2022

    Wishing you all the best

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  • Abraham Arde Kojo    Jan 30, 2022

    May God see you through

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  • Rosemary Mwangi    Jan 29, 2022

    Keep been disciplined and all the best

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  • Samuel Wanjiku    Jan 28, 2022

    Halloo zidisha members I'm glad today to hav a friend called zidisha, my life has changed let take this opportunity to thank all those who raise their money to fund my loan and stand with my business. The previous loan I apply it makes big change to my business I was able to buy maize to the farmers at the right time also the farmers benefits slot because there didn't use more cost to their produce because I was moving house to house purchasing maize even if the maize was not dry. So even the society in my area were the most benefit by the zidisha loan . It makes a great change to my business Thank zidisha for lifting small business.

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  • Solomon Kebeney    Jan 27, 2022

    Good luck

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  • Nyaaba Felicia    Jan 21, 2022

    Keep up and deliver as expected.

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  • Samuel Wanjiku    Jan 20, 2022

    The previous loan enables my business to able to get a truck for transporting cerias from farmers to my store, the money iwant to borrow to expand srore for storing cerials and also to booost my business and i thank Zidisha for this far God bless Zidisha

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  • Samuel Wanjiku    Nov 9, 2021

    Thank you zidisha for this far the money igot has boost my business..

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  • Samuel Wanjiku    Jul 12, 2021

    Iwil boost my business buying more maize to increase the productivity and also itake this opportunity to thank all who contribute the money for this project this wil employe more womens farmers and young youths and also wil be the benefits to the community.God bless Zidisha

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  • Samuel Wanjiku    Jun 26, 2021

    Am selling the best maize flour in my county

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  • Samuel Wanjiku    Jun 26, 2021

    I purchased a maize huller.I get to buy maize,sorghum,millet,groundnuts whereby i produce grade one maize flour and also produce the best porridge flour for infants and adults too.I also produce porridge flour for people with diabetes and pressure.
    With the business am able to create job opportunities

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  • Samuel Wanjiku    Jun 26, 2021

    .Am so grateful to be a Zidisha Member,being here has made me make a big step in my Business career.At first before joining Zidisha, i had a Hotel that i was running but Corona come and everything went down,that's when i took my previous loan to make something out of it.I had a ashop that was used as a store,i decide to renovate it so i can do something with the room.I orded a Maize huller machine where it was expensive,it cost around 1.7million Kenyan shillings.The amount is high because it includes the renovation,the installation of the electricity and the machine.Am requesting another loan that will boost my business by buying enough raw materials,which is maize,sorghum,millet,groundnuts,soybeans.Having my business boosted i will need more employees where by ill be creating job opportunity to the community.
    Below are my photos of the Maize Huller already working.

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  • Samuel Wanjiku    Feb 27, 2021

    I would like to take this opportunity to thank all those who contribute and support my bussiness, im soo grand for your support,things have changed since i join zidisha to step beyond. my next project i want to start maize mill industry which wil lift soo many lives and promote the peopple withing the community surrondind me,which wil cost estimate 1.8million kenya money ihav already raised 850000 shs i still need your support on the next loan God bless you.

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  • Samuel Wanjiku    Oct 26, 2020

    I will open anew butchery and it will also help me boost my business.
    It will help create new job opportunity in the community,by opening a butchery,it will create oneness in the community,bring love by eating together.
    I also take this opportunity to thank the loan lenders and zidisha for your support.i look forward to work with you and pay my loan on time.
    I'll attach my picture after i finish the project soon.

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    • JessieD    Oct 26, 2020

      I wish you continued success for your business.

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      • Samuel Wanjiku    Nov 13, 2020

        thank you very much miss Jessie for your kind and car e may God expand your business although ihave not finshed the project once ifinshed iwil post all iwil spent also I thank Zidisha for this far and all other lenders who contributed to boost the bussiness God bless you all.

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      • Samuel Wanjiku    Nov 13, 2020

        Stay safe.

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  • Samuel Wanjiku    Oct 14, 2020

    Thank you lenders for financing my past loan.Through that loan, i was able to boost my business even though times were hard due to the COVID - 19 pandemic.
    I managed to satisfy not all but most of my customers.It is through profits made from that business that am encouraged to apply for another loan and add on to the profits and open another business.

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  • Samuel Wanjiku    Aug 9, 2020

    Due to covid19 crisis the bussiness is down i request adjustment of my installment.

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