Working capital for my suppliers company

Carlos Kiplagat

Marigat, Kenya

12% repaid

Entrepreneur

Name

Carlos Kiplagat

Member since

March 2015

On-time repayments

150 installments  •  0%

About Me

I am a first born in a family of ten. I was born in Marigat and arid and semi arid area where life is very hard. I finished my college requirement on Business administration but i didn't do my final exam due to lack of exam fee, which made my dream not to materialize. Due to lack of jobs I decided to go into self employment and at times worked as a volunteer with red cross.

Business has many challenges and one of it is lack of working capital to help the business moving . In Kenya getting capital involves a lot bureaucracy and the need to have security.

My Business

I have a registered limited company which I got paper works in the 2015. My business is a new venture and will use my first loan to establish a website at Usd 50 from the net proceeds of the loan. The website will give my business greater coverage. My target market is government and Private Sector tenders. I look forward to supplying various items to the government and private sector entities. This way will earn income and create jobs for my fellow youth.I am planning to introduce Events Planning, Cleaning services and ICT services.

In Kenya there is relaxation in youth and women tendering giving them an option of supplying goods and services with a lot of ease.

This my target market and look forward to Zidisha Lenders helping me get funding and start small.

Loan Proposal

Supplies is a big industry. From supplying goods to services means alot. Customer satisfaction will be what is our main target and here our company wants to ensure that offering of quality goods and services is at the core of the business to ensure continuity and profitabilty

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.39

Date disbursed

Jan 30, 2016

Repayment status

Late

Projected term

36 months

Cost to entrepreneur

Service fee: $6.24

Carlos opted to pay $83.04 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

neffe

Berlin, Germany

C

Canlender1

Nanaimo, Canada

G

Givemoreuseless

Waterloo, Canada

investor

Candiac, Canada

D

dbedell

Brooklyn, United States

J

johan

Oslo, Norway

M

MarkAndMary

Seattle, United States

J

JonnyPrice

San Francisco, United States

T

tatts2000

melbourne, Australia

Veronika

victoria, Canada

ken701

Lede, Belgium

bdm4a

San Fransisco, United States

T

TobyKenobi

Syracuse, United States

W

Windsor

Calgary AB, Canada

Umair Mahmood

Raleigh, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

D

DrFeelGOOD

San Jose, United States

A

aterashva

London, United Kingdom

S

sebseb

The Hague, Netherlands

Johnny

shanghai, China

P

pattermik

richmond, United States

Tilius

Oslo, Norway

Tuomas

Helsinki, Finland

J

JCampbell

Pasadena, United States

boggsi

London, United Kingdom

W

world

Kansas City, United States

A

anti-dot

London, United Kingdom

Godsglory1

Santa Cruz, United States

L

louisela

Eugene, Oregon, United States

P

Puffnstuff

Auckland, New Zealand

J

Jemilla

London, United Kingdom

joselvelez

Dallas, United States

B

bgnet

Kalamazoo, United States

G

gt2016c

Birchgrove, Australia

Tjitser

The Hague, Netherlands

A

AJCortens

Boise, ID, United States

S

SusanP

Muscat, Oman

C

ComixAttic

Detroit, United States

H

Houdini314

Elwood, United States

P

paulo1

Aptos, United States

R

rcmssr

Woodbury, United States

MichaelDean

San Jose, United States

G

giaco

madrid, Spain

A

Aloha

Cologne, Germany

Nathaniel

Copenhagen, Denmark

Pere

Barcelona, Spain

yeahboi78

Alexandria,LA, United States

K

kathy207

South Portland, United States

AmeliaAndMatt

NSW, Australia

T

ToddK

Indianapolis, IN, USA, United States

Kysera

Crawfordsville, United States

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

sarna

Toronto, Canada

Gordons28

Santa Monica, United States

J

jquinn373

Minneapolis, United States

neocodesoftware

vancouver, Canada

Kathunka

Bern, Switzerland

dmirpuri

Bangkok, Thailand

E

E

Marin county, United States

M

Malibu

Westwood, United States

D

drorm

United States

TyWee

Manila, Philippines

I

idris

United States

R

Ruj-ura

Thailand

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

AL

Amy Luo

United States

HC

Howard Cheng

New York City, United States

SMOICE

Berlin, Germany

M

Maggie

Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Please log in to comment.

  • Joost    Oct 25, 2018

    Dear Carlos,

    During your next loan request, please post a photo of yourself at the top of your profile. (This is a Zidisha requirement).The photo needs to clearly show your entire face, preferably smiling, and preferably taken at the location of the project for which you are requesting a loan.

    The photo currently in that top spot, you can move to a lower spot on your Discussion page, along with a comment about it for your lenders.

    Kind regards,
    Joost
    Team Zidisha

    Log in to reply • Share
  • Carlos Kiplagat    Oct 25, 2018

    low sales

    Log in to reply • Share
  • Jacob O'nyamul    Feb 27, 2016

    Hi lenders, carlos has already made an adjustment downward snd plans to pay kes 500 on 29th february.VM

    Log in to reply • Share
  • Carlos Kiplagat    Feb 26, 2016

    I don't have income yet ,the money requ
    ested was to open a website. so I'm repaying using my savings.

    Log in to reply • Share
  • Jacob O'nyamul    Feb 26, 2016

    Carlos has paid kes 1800 and he is planning to make downward adjustment today, i wish him all the best.VM

    Log in to reply • Share
  • Jacob O'nyamul    Feb 22, 2016

    Hi lenders, i have talked to Carlos and he is planning to make some adjustments and pay the loan as soon as possible.VM

    Log in to reply • Share
  • Carlos Kiplagat    Feb 1, 2016

    Thank you lenders for your support

    Log in to reply • Share
  • Carlos Kiplagat    Jan 25, 2016

    Thank you Nick-Y for the advise. I have taken into consideration of your advise and corrected same.

    Log in to reply • Share


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