John

Nakuru, Kenya

13% repaid

Entrepreneur

Name

John

Member since

October 2013

On-time repayments

24 installments  •  4%

About Me

Am John Nderitu born in pipeline Nakuru Kenya self oriented and optimistic in a family of three I went through schooling there after went to Jomo Kenyatta university pursued business information technology settled down to a business i got an electronic shop to earn a living since i could not be employed immediately therefore made a decision to be self em-ployed. my business is going on well so far need to expand my business
zidisha is a good micro finance and hopping for a loan from you so that i can expand my business.

My Business

My business is of an electronic shop,that i deal with laptops and tablets both new and used which mostly i import them.this being my main source of income i tend to put much effort in advertising and marketing my business which sometimes consists of distributing to different shops around town.Taking the advantage of technology fascinated customers my goods are good with supply since the demand is high.
Am a bit up to date with the branding and release of products i have a frequency flow of customers and supply to other shops
Part of the challenges my business encounter is in the importing where sometimes some of the goods tend to take much to arrive plus when offering warranty they tend to bring the cost of repair
Per month i get to buy at least 3 laptops and 7 tablets at a cost of about one hundred thousand Kenya shillings,making a profit of an average of eighteen thousand Kenya shillings,rent being the only expense plus other petty ones that cost ten thousand shillings.
The loan that am requesting will assist my business in boosting the purchases.
Thank you.

Loan Proposal

To purchase some of my shop utilities such as keyboards and ram hat are in demand.Also make banners for shop ads.since i have established a good place to do my purchases I want to have a good stock at my stocking at my shop for the necessity of my clients and also competition in the market which is currently high and I have to be competitive too
Thankyou.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 25, 2013

Repayment status

Late

Projected term

24 months

Lenders

G

graememoss

Amsterdam, Netherlands

Pierfausto

Rome, Italy

Sarasota

Sarasota, Fl, United States

L

LenoMetus

Perth, Australia

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  • John    Jan 7, 2015

    John Nderitu is still offline to date and the provided contacts for family members also cant go through i will keep trying and i will inform you as soon as i am able to contact him

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  • John    Jul 7, 2014

    many of lenders seems to be offline the same to john ndiritu will keep you informed as soon as i got him online

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  • Sarasota    Feb 16, 2014

    Hello John,

    Please let us know how you're doing! It looks like no repayments have been made, and while things can happen we would appreciate an update to let us know what you're struggling with.

    Thank you,

    Mike

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    • John    May 20, 2014

      hi,currently am doing very well and am glad of the help you guys gave me.My business has expanded very well and even i was aiming at clearing my due payment in order to get another one.
      Thanks again

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