Upgrading my business to the next level

Eric

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

November 2016

On-time repayments

82 installments  •  24%

About Me

i was born the late 90,s in a family of 4, i was the only boy child, i grew up being very humble and ambitious , i joined primary school and later high school, where i experienced alot of difficulties moment since my father left my mother before i joined the college, since i had no otherwise i had to start small business with what mymum saved for me when i was schooling. that when i meet a company looking for distributors of there products, i partnered with the company where i had to be buying and sell there product to nearby counties here in Kenya. where i live culture is very unique, where everybody is targeting farming but i desired business. i also make sure that my children will follow my steps and venture in business. i like having a free time for my family .

My Business

i buy and sell health supplement, the health supplements are in high demand since people changed there life style like city dwellers. i choose this kind of business since i like helping and giving back to the community, mostly i buys in containers where a container cost 1000ksh, i buys like 10 containers daily, the profits i makes i reinvest in the same product to boost by daily purchase, then the rest i pays my home bills.

Loan Proposal

i need to by more stock for my small business to increase the profit, i need to buy 10 containers of health supplement at a cost of 50 dollars, with these product i can generate 25dollars from all ten containers, i will also be able to reach more people since now i will be having enough stock to make the supply.

Feedback

1

None

None

  • Helen Horseman    Jun 11, 2017

    Thank you for the repayment Eric. 100% on-time.
    Good luck with your business in the future.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Mar 25, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Lex Moen

Netherlands

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  • Eric    Jul 13, 2021

    hallo . please zidisha team i lost my job. i have been unemployed for quiet some time now. please allow me to start paying to a new installment

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  • Eric    Oct 11, 2018

    My business became down due to financial problems. please consider my request

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  • Nancy Kageni    May 8, 2018

    Dear lenders my efforts of getting in touch with Frick and his references was futile.

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  • Nancy Kageni    Mar 6, 2018

    Dear lenders I tried calling applicant and didn't manage to get him. I also tried calling all his references and I didn't manage to get them.

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  • Nancy Kageni    Feb 5, 2018

    Dear lenders. I didn't manage to talk to Eric. He and all his references are unreachable every I try to call them.

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  • Eric    Oct 20, 2017

    halo, thankyou to all my lenders, its a great moment and experience upon your help for us growing entrepreneurs, may you all be blessed

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  • Eric    Oct 20, 2017

    Hallo my great lenders, am happy for you, its sure that am progressing from the scratch to the greatness of developing my business, i have increased my stock purchase by 50% so far, i used to make 100dollars per week, but now i can make twice out of your help, our little siblings can now study comfortably and enjoy our holidays , i say thankyou , io promise to keep my repayment on time.

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  • Eric    Sep 10, 2017

    Hallo, thank you for your acceptance of funding my small growing business , i do hope that am going to grow faster with your help, i will use my loan accordingly . thank you

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  • Eric    Sep 2, 2017

    first is to say thank you to my lenders and my mentors, it has been a successful journey towards making it in financial crisis, since i started borrowing my business is growing in monthly basis, am looking forward to qualify for more loans in future, keep up the good work.

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  • Nancy Kageni    Aug 21, 2017

    I called Erich and he said he will pay tomorrow.

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  • Eric    Aug 2, 2017

    i need to complete my repayment before 5th of August

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  • Eric    Jun 10, 2017

    Am realy greatfull to Zidisha lenders team, am taking my business to the next level, i have done alot since i started applying for zidisha loan. i say thankyou

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  • Eric    May 17, 2017

    I am generating more profit since i started taking loan from you, thus am able to pay the amount faster than scheduled. thanks

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  • Eric    May 6, 2017

    I say thankyou for your good work helping entrepreneurs to meet our targets in business, i increased my stock and now am making more profit

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  • Eric    Apr 15, 2017

    i would like to increase my pay installment so that i can pay all the amount without taking long, i would also like to see my limit growing fast. thankyou

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  • Eric    Mar 19, 2017

    Hallo my mentor Nancy i uploaded a clearer photo please check it.

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  • Nancy Kageni    Mar 14, 2017

    Hi Eric. Am Nancy you chosen me as your mentor in zidisha. Can you kindly upload a clear photo of your facing the camera. It makes your loan to be funded quickly.Thank you.

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  • Eric    Feb 20, 2017

    Hallo thankyou so much for your considering to lend me loan to boost my Business, i repaid all the amount you owed me, i made my payment yesterday 18/02/2017 but its yet to reflect as paid in my dashboard.

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