University tution

Joseph Kidali

Nakuru., Kenya

100% repaid

Entrepreneur

Name

Joseph Kidali

Member since

August 2013

On-time repayments

212 installments  •  91%

About Me

Am Joseph Kidali a 29 years old teacher by profession and business minded gentle man am mareied with two children.my wife helps me with running the shop.i run a small hardware here in nakuru.i grew up in a single family where my mother was the one who took care of us.we were six and it was quite hard for her to make ends meet.many are times we slept on an empty stomach.these challenges became my motivation to work hard in school and succeed in life.despite the ups and down i managed to complete school with the help of well wishers.i joined college and after completion the idea of business came to mind and thats when i opt to start the hardware business with the little savings i had.i started the business 8 months ago and its running successfully.I started this business because of my passion in business and wanted to offer good services to the community and make good services. i wanted to make a difference in our family that through determination one can make it in life.my business is doing good due to potential customers and am happy about that but i pose a very fundamental problem and that is competition.And therefore i need a loan to help me expand my business national wide .My business earns a profit Ksh12000-15000 per month besides my salary.with high inflation rate and high taxes it has made it quite difficult in buying new goods.with this loan i intend to renovate my hardware,buy new paints and repair the facility to make it appealing to customers and more attractive.this will help improve business as the hardware is old and tattered which is in great need of renovation.this loan will come in handy as it will go along way to make my busin
ess more appealing thus competitive hence boost my salesi have been able to expand my business with the help of zidisha.am a hardworking who believes in honesty as a key factor in promoting business

My Business

My business is called Majengo Hardware located at Kenlands. and it earns me a profit of ksh 14000-15000 per month besides my monthly salary.There is high demand for my goods because they are of goods quality.I have employed three assistants who help me besides my wife. when am in school teaching and am happy they are doing a good job for me .my pleasure is seeing my bussiness expand and generating high profits.I have great hopes that my businness is going to be a success and create more employment zone in the country.I face challenges like insufficient stock,high cost of goods,high taxes and high cost of living which has affected smooth running of business. thats why i need this zidisha loan to enable me undertake some major renovations of my hardware as its old and need to change with time.the door is broken which pose a great security challenge therefore need to replace with a metallic door.the room also need to be repainted and some repair to be undertaken.am kindly appealing for the loan which will be of great help to my business.there are lots of challenges facing my business one being high taxes and rates from the local authority.

Loan Proposal

hi zidisha,am requesting for a loan to help me pay my tution fee for the second semester in university.am going to the second semester and i kindly request for a loan to be able to pay my second semester which will enable me continue with my education in the university which needs to be paid at the start of january before we resume classes that commence on 8th january 2015.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.27

Date disbursed

Jan 1, 2015

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Lender interest: $179.27 at 6.27% annual rate over 7 months = $6.58

Service fee: $3.88

Lenders

R

redhoward

San Francisco, United States

R

rurumm

Muenchen, Germany

S_Begay

Allston, United States

seabass

New York, United States

D

DerChristian

Rostock, Germany

GarcharJ

Athens, United States

Z

zbuttel

Boston, United States

M

MarkAndMary

Seattle, United States

Zidisha

Sterling, United States

K

krobert

Szombathely, Hungary

Taata

Multia, Finland

dcorbetta

Carate Brianza, Italy

ads68

Melbourne, Australia

I

imnot

Stafford, United Kingdom

B

bitofrits

New York City, United States

Cricketca

San Jose, United States

H

HoseB

San Francisco, United States

TyWee

Manila, Philippines

Otto Barten

Amsterdam, Netherlands

SMOICE

Berlin, Germany

Fabian Linzberger

Vienna, Austria

Jon

Sweden

M

Maggie

Australia

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