John Mwathi

About Zidisha Profiles Zidisha entrepreneurs write their own loan profiles and provide their own photos. English is not usually their first language, and many had to overcome great obstacles to obtain an education. Additionally, many do not have cameras and own only a small number of personal photos. As a result, the profiles are not always as polished as on other websites. To keep profiles genuine, Zidisha staff do not make any edits, with the exception of titles for clarity and English translations.

My Story

My family consist of single mother and two brothers who are still in High school.We live in Kamurunyu village.Am a O-level which i completed in the year2006.I stated my business to provide for my family daily bread being the fast born,pay school fees for my brothers and also to be dependent,and self reliance.

About My Business

My business offers transport services using a donkey cart. In my area there are poor roads thus making very difficult for other means.My customers prefer my services due to my efficiency ,affordable prices,and also speed.This business profitable and there is a lot of demand for this services and i would like to buy a motorbike to advance my services. My business faces a lot of limitation such as poor road network,bad weather condition.Kindly request the Zidisha leaders to finance my business.

My Loan Proposal

I would like to buy a Motor bike with the loan i will add my personal savings of 40000 and buy a motor bike worth 60000. this will help me in my business because I will be able to offer efficient and faster services to my customer most of them being small scale retail shop and Green Grocers where by i will offer transport services for their goods.

Feedback

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Date By Feedback Rating Comment Edit
May 09, 2013 mikedufty Positive All good


Comments

If you would like help in communicating with John Mwathi, you may post a message in the profile page of John Mwathi's Volunteer Mentor, vitalis opondo. Volunteer Mentors are Zidisha borrowers or residents of borrowers' communities, who volunteer their time to assist new members to interact with our website.
 

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John Mwathi   Mar 23, 2014

Thanks Zidisha I will make payment next month pls bear with me

John Mwathi   Feb 22, 2014

Hey Zidisha.First is to thank you for the great job.Okey business is cool.

John Mwathi   Dec 06, 2013

Thanks a lot good people leaders for bidding my loan may God bless you.

John Mwathi   Dec 04, 2013

Hey leaders first and foremost is to thank you for the great opportunity on my business.Please bid on my loan so as to expand from a stand to cookies shop.My God bleass you.

John Mwathi   Nov 25, 2013

Hey good people leaders for your great support upon my business for sure without your support my business would be just dull and outdated due to lack of capital.My Almighty God bless you for the great work of giving a heaping hand.

John Mwathi   Oct 31, 2013

Hey leaders first and fore most is to thank the most high God for tha gift of life and good health.Ok my business is good and now costomers are enjoying previously improvements apon the business.Thanx alot may God bless you all for the great work.

John Mwathi   Aug 24, 2013

hey good people leaders business is cool.I would like to thank you big time coz what a nice buetifull site to see helping me in my business.

Greetings Mr. Mwathi,
I am also the first born. It takes a lot of responsibility. i wish I could taste your smokie. It sounds delicious. I think I would not like a ride on your donkey cart. It must be very bumpy. But what can you do when the roads are so bad. During the rainy season I think the roads must be just mud.
Stay cool, dude.
Best wishes for health for your family, continued success in all of your businesses, and prosperity, Ann (namaste250)

John-

I hope your business is getting better. Concentrating on smokies sounds like a good marketing move. People will always want smokies, but donkeys will become less popular, a lot less popular. Thanks for the smokie invitation. You never know. If I come, I'm going to bring pictures of video game characters to put on your walls. The students will all want to buy from you.

Best wishes, Ann (namaste250)

John Mwathi   Jun 26, 2013

Namaster250,

Thanks for your comments and your interest to my smokie, next time when you come to Kenya make a date with me, You will a have the smokies at a discount . I am no longer with donkey business and I need not to punish the animal with lot of work . I decided to specialize with the sale of smokis.

John Mwathi   Apr 26, 2013

Thanks a lot good people leaders for funding my business my God bless you for the good work.Now i have increased my stock and business is cool.

John Mwathi   Apr 22, 2013

Thanks Traci for your good and encouraging comments, and all lenders thanks for raising my loan. Next time when you come to Kenya come and enjoy smokys in my joint they are very deliciaus. Traci I woe youn a smoky when in utawala just passby have a nice day

Hi John! I am so happy to see that you are raising a second loan and that you introduced buns to your smokies. Congratulations on finishing your first and good luck raising your second. Hoping to make my way to MC soon!

Best wishes to you,
Traci

John Mwathi   Apr 17, 2013

Zidisha Team,

I paid all my loan last week please update my account

John Mwathi   Feb 12, 2014

hey good people i am good. Business is going on well now that they are saying the smokies are more sweet because of the loaf burns that are making as there supper and even as there breakfast thanx to ZIDISHA for the great surport.

John Mwathi   Apr 01, 2013

Hey good people leaders business is cool and expanding as in i have now introduced loaf buns that are now going with the smoky. Thank a lot for your great surport.

John Mwathi   Mar 08, 2013

Hey good peopple leaders, let me take this opportunity to thanks you for supporting my business. It is fine dispute it is experincing less sales due to election thing.But things will be better. Thanx in advance.

John Mwathi   Mar 08, 2013

Hey good peopple leaders, let me take this opportunity to thanks you for supporting my business. It is fine dispute it is experincing less sales due to election thing.But things will be better. Thanx in advance.

John Mwathi   Feb 20, 2013

Hey good people leaders business is cool only that i had to take my lettle sister to join high school that has lead me bihind schedule but now every thing is in place.Thanx in advance.

John Mwathi   Jan 22, 2013

HEY leaders ?business is cool thanks for your surport .

John Mwathi   Dec 03, 2012

Hey good leaders business is good.

John Mwathi   Dec 03, 2012

Hey good leaders business is good.

John Mwathi   Dec 03, 2012

Hey good leaders business is good.

John Mwathi   Oct 25, 2012

Hey good people leaders am grateful and thankful of your great support on my business. It's good and it is expanding.Let me take this opportunity to thank you all.

John Mwathi   Sep 25, 2012

Hey good people? me a m alright and business is cool thanks to the almighty God for every little thing.

August 9, 2012

Hello, my name is Traci Yoshiyama, Zidisha’s Kenya Client Relationship Manager. I am currently visiting Zidisha borrowers in and around Nairobi.

From barber, to shoe salesman, to water delivery boy, to the selling of eggs and sausages; often times this is the path one must take to survive in Kenya. As I sit with John Mwathi in his home in MC, Utawala, we look through his past month’s bookkeeping. Having closed his kinyozi (salon) and shoe business, John is now transporting water during the day (with the help of his donkey and cart) and continues to sell boiled eggs and sausages in the evening.

As we walk through MC, John points out his competition, a young man carting fifteen 20-liter jugs of water. This being a common business in Utawala, I ask John how he manages to get any customers. “Speed,” he replies. With a universal price of Ksh 10 for a 20-liter container of water, agility is what stands between you and the next guy. By 4:00 PM, John retires from transporting goods and begins to set up his food stall in the MC shopping center. Customers are plentiful during the evening hours, for work has finished and appetites are high. On a good day, John is able to make a Ksh 515, though most of his income goes towards basic necessities and supporting his sibling with school fees, food, and clothing.

The inconsistency of income and the responsibility of supporting his family have made the repayment of his loan difficult. I have assisted John in rescheduling his loan for a second time. Having moved his egg and sausage business to MC, where nightlife proves better than Kinka, John is confident he will be able to repay his loan and would appreciate the opportunity to take out a second. He still has future plans to open a snack shop, for acquiring stock is affordable and unlike the shoe or salon business, customers come on a daily basis.

The inevitable world of adulthood has its ups and downs, and as a young entrepreneur, John is still learning the tricks of his trade. Although unforeseen challenges have stifled his plans, John’s enthusiasm and good-natured spirit push him forward. Having the opportunity to be in Kenya for quite some time, I hope my next visit to Utawala will involve visiting John and enjoying a delectable treat from his snack shop.

John Mwathi   Jun 02, 2012

Hey good people.

John Mwathi   Jun 02, 2012

Hey good people.

John Mwathi   May 21, 2012

Hey zidisha team?Business is going on cool. Have good times good people.

John Mwathi   Apr 30, 2012

Hey zidisha .Am caring on well with my business. It is making me support my brother who is now at high school.

Hello lenders,

My name is Achintya Rai and I am Zidisha’s current Kenya Client Relationship Intern. On 24th March I met John Mwathi at his shop in Utawala, Nairobi.

John used to live in Nakuru earlier. He took his loan to purchase a bike, which he intended to use as a taxi (boda-boda). The bike did not give him the returns he expected so he sold it and moved to Nairobi. Now he has a small barbershop. He uses the front of his shop to sell shoes and also has a small kiosk to sell steamed sausages and boiled eggs.

John is just 23 and he has already experimented with a number of jobs. After finishing school he did a small course in IT. He then did a course in driving a lorry. He started work by buying a donkey and a cart, which he used to supply water. He also did manual labor to supplement his income. Later John bought his bike.

I found John to be a very pleasant person. And even though he seemed a little shy in my presence, he was constantly smiling. He told me the economics of the sausage and eggs business. John’s future plan is to open a snack shop where he can sell hamburgers, cakes, biscuits and chips.

After hearing John talk about hamburgers and cakes I was obviously hungry so I decided to buy a sausage. John asked his friend, who was manning the cart at that moment, to move and prepared the sausage for me himself by slitting it and filing it with a salsa like preparation called kachumbari and sprinkling it with salt. It was delicious.

John was having trouble making his Zidisha payments because of shifting to Nairobi and starting a whole new business. I helped him reschedule his loan. Having talked to him I feel sure he will be now able to meet his loan commitments.

Achintya
Nairobi
1st April 2012

John Mwathi   Mar 26, 2012

Hey zidisha team,i take this opportunity to thank you on sending one of your entire team and help me reschude my payment as well as seeing my business.

John Mwathi   Mar 23, 2012

Hey Zidisha team.Okey i vacuated from Kamurunyu Nakuru to Utawala in Embakasi due to stiff competion and insecurity in areabecouse most of my clints call me very late at night.Okey i opened a shoe shop and berber shop, business is good and may Almighty bless you all.

John Mwathi   Mar 23, 2012

John Mwathi   Feb 16, 2012

Greetings good people.Business is in good condition.

John Mwathi   Jan 28, 2012

How are you zidisha team in general?I hope you are alright.My busness is going on well.Thanx a lot for funding it may God bless you all.

John Mwathi   Mar 17, 2012

Hey zidisha team business in good.

Hi! It's great to see so many messages from you! Glad to hear that business is good. Hope it continues and I look forward to your updates!

John Mwathi   Nov 30, 2011

Am very grateful zidisha team for funding my business. May our almity God bless you as i advance my business.

John Mwathi   Nov 21, 2011

Fast is to thank zidisha team for the biddings on my business, may our Almaity God bleass you all.

John Mwathi   Nov 17, 2011

I take this opportunity to thank all lenders who have been touched by my request and may our almighty Lord bless the work of your hands.

John Mwathi   Nov 16, 2011

Thanks all for biding for my loan I hope to receve my loan soon may God bless you all.

John Mwathi   Nov 16, 2011

Dear Zidisha team I am honored to be associated with you and I hope you will invest in my business and help me grow economical, all your generous contributions are welcomed

Repayment Schedule Changes

John Mwathi   Mar 04, 2014

Hey good people Zidisha at large.Am good only that i find my two smokies business are low as in now customers have decreased abruptly only to find that now am making less sales as compared to November and December.But i know things will get back to normal coz my smokies are very delicious and the best quality than any other in Utawala you trust me.Thank in advance.

John Mwathi   Jun 26, 2013

Dear I hope you are all okay, my business is not doing well, it is very low for the last two months, I hope it will pick for this month because most of the school children are back home and will make as one of my customers, I will bring my loan payment current in a few months, I hope you will bear with me as my business picks up soon

John Mwathi   Aug 09, 2012

Due to increased necessties iwish to propose a grase period up to september 25,2012.also ihave to surport my lettle sister who is at my rurual area with school fees,and also with pocket money for food,clothings.This time my good people leaders am not going to put you down because i have now relocate my jiko from Utawala Kincar to MC not away but to the next center At mc business is not bad.

John Mwathi   Mar 24, 2012

This was my first loan and I overestimated my paying capacity. Also I moved from Nakuru to Nairobi and started a new business here. I also bought some machines for my barber shop.

The business is now picking up. The new installment of 2000 will be easy for me to manage and I will try my best to be on time and not disappoint my lenders.

John Mwathi

PO Box 5396 00200 Nairobi City Embakasi Village, Kenya

100% Repaid

About This Loan

Loan Principal Disbursed: USD 204.00
Date Disbursed: Nov 25, 2011
Repayment Period: Number of months or weeks from disbursement until loan is fully repaid 17 months
Total Interest Due to Lenders: This is the annual interest rate proposed by the borrower. Lenders may bid to finance the loan at the borrower’s proposed interest rate, or at a lower rate if they desire. If more bids are received than the amount needed to fund the loan, the borrower will accept the bids with the lowest proposed interest rates.

All interest rates displayed on the Zidisha website are expressed as flat percentages of loan principal per year the loan is held. For example, for a loan of USD 100, taken at 4% annual interest with a repayment period of six months, the total interest amount will be USD 100 * 4% * (6 months / 12 months) = $2.

The expression of interest rates as flat percentages of loan principal amounts is intended to make calculation of interest amounts more intuitive for borrowers and for lenders, and to facilitate comparison with other microfinance loans in borrowers' communities, the majority of which also use the flat rate methodology to express interest rates.
USD 10.75 (3.72%)
Borrower Transaction Fees: A transaction fee paid to Zidisha, expressed as a total amount and as a flat annualized percentage of the loan principal amount. USD 14.45 (5.00%)
Total Amount (Including Interest and Transaction Fee) to be Repaid: Interest plus transaction fees, expressed as a total amount and as a flat annualized percentage of the loan principal amount. USD 25.20 (8.72%)

Funding

Lender Name Amount (USD) Interest
Dianne
(151)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
11.000.00 %
carlos vendrell
(446)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
50.002.50 %
Ishaque
(636)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
31.002.50 %
EricDamonWalters
(520)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
2.043.50 %
Errol
(277)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
10.004.95 %
mikedufty
(834)Karma is calculated on the basis of the total amount lent by the new members a member has recruited to Zidisha via email invites or gift cards, the number of comments a member has posted in the Zidisha website, and the total amount lent by a member.
99.965.00 %

Repayment schedule


Repayments due as of Apr 20, 2014:  USD 0
Total repaid as of Apr 20, 2014:  USD 229

This loan was rescheduled on Aug 9, 2012
Date Due Amount Due Date Paid Paid Amount The Paid Amounts displayed here are the local currency amounts received, converted to US Dollars at the exchange rate that was effective at the time the loan was disbursed. The amounts credited to individual lenders are converted to US Dollars at the exchange rate that was effective at the time each repayment was received, and due to exchange rate fluctuations they may be more or less than the amounts displayed here.
Jan 25, 201235.63Jan 24, 201235.63
Feb 25, 20120.00  
Mar 25, 20120.00  
Apr 25, 201220.36Apr 26, 201220.36
May 25, 201220.36Jul 16, 201220.36
Jun 25, 20120.00  
Jul 25, 20120.00  
Aug 25, 20120.00  
Sep 25, 201220.36Sep 22, 201220.36
Oct 25, 201220.36Oct 24, 201212.22
  Nov 28, 20128.14
Nov 25, 201220.36Nov 28, 20121.53
  Dec 02, 20127.94
  Dec 04, 20124.89
  Jan 07, 20134.88
  Jan 12, 20131.13
Dec 25, 201220.36Jan 12, 20133.77
  Feb 20, 20134.78
  Mar 03, 201310.19
  Mar 07, 20131.62
Jan 25, 201320.36Mar 07, 20138.56
  Mar 13, 20134.78
  Apr 01, 20137.03
Feb 25, 201320.36Apr 01, 201320.36
Mar 25, 201320.36Apr 01, 201320.36
Apr 25, 201310.31Apr 18, 201310.31
Total Amount Due229.20Total Paid Amount229.20