VIOLET KARWIMBO

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 name is Violet aged 36 and am a Kenyan.Am married with two children and i live in Utawala,Embakasi Estate.I finished my high school in 1994 joined college in Computer technology,later i was employed in a hardware store for ten years and i was retrenched.
I decided to start my own business whereby i sell building materials and electrical fittings.This business has enabled me buy a small piece of land and am still constructing a small house withe earnings i get and the rest is saved into my account.
I have also managed to buy a donkey and a cart to enable me deliver goods to my customers.
Am also able to stock the business and support my family as well as meet my daily basic needs.Being the first born in a family of five, I help my parents in paying for their education.

About My Business

My business is called "GHEMT HARDWARE ELECTRICALS". GHEMT means "God has extended my territories". I deal with paints, electrical fittings and building materials such as pipes,cement and nails. I chose to start a hardware shop,since its a local place with few people but still in construction.
People prefer my business despite the competition since i deliver free transport . I also ensure i know what's new on market so as to sell quality and original products. I provide customers with plumbers , electricians and painters who charge them at fair costs for labour costs.
Some of the challenges i get include lack of financial support since the business is too demanding.
My monthly income,sales revenue and profits are as stated;
monthly income- 20,000
rent-4,000
profit-8,000
money funded for the business- 10,000

My Loan Proposal

I want a loan to increase my hardware stock, by buying building materials for sale such, increase cements bags, electrical equipments, iron sheets and plumbing equipments. This will help me increase my profit by offering more products to my customers. I will also introduces new products in the market such a wheelbarrow for transporting goods to my client.

Feedback

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Date By Feedback Rating Comment Edit
Aug 08, 2013 michellev Positive Great updates on the business throughout the loan period. Loan repaid in full and on time. Best of luck in the future.
Aug 08, 2013 Hope2012 Positive Thanks very much repaid on time so all good, hope the loan helped
Aug 08, 2013 hugh1 Positive Good communication, regular repayments and loan repaid on time and in full. Violet is a Volunteer Mentor as well as appearing to be an excellent business woman. She is a reliable borrower and deserves to do well. Best wishes to you and your family, Violet.


Comments

 

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VIOLET KARWIMBO   Oct 16, 2013

Dear lenders,
Am fine me and my family.My business is doing fine and am grateful to you because I have been so busy attending to customers.I was able to stock the business successfully and I have used part of the money in restocking.I was able to buy plastic basins, buckets ,mops and brooms.I was also able to buy electric fittings like pipes,sockets ,instant showers,bulbs in different sizes and models and other small small electric items that I decided to add to my busineess.My kids assisted in helping me do window shopping and it was fun including them in buying this items and arranging them in shop.The result of the loan will bring changes in the business such as: ,there will be increase in sales and I will save time and money since I bought goods in bulky and abit cheaper since I bought some from manufacturers.I have sold some and am still selling the rest since this season businesss was good .Thanks so much for your support.

Dear Violet,
Congratulations on making your first payment. I sincerely hope this means that your electrical supply business is doing well.
I am very happy that the Zidisha loan has helped. Making the business a family activity with your children sounds wonderful! What a fine learning experience for them.
Best wishes to you.
Marvin

Hello. I am hoping you can provide me with an update on Mr. Kitsao. There have been no repayments since May and that was in the amount of .01.

VIOLET KARWIMBO   Oct 16, 2013

Dear Keagan,
Hello and how are you.Please accept my apology for taking long in replying .Wilson's phone was not going through but after some time I was able to get in touch with him.He is fine but he encountered some problems in his business.He supplied a customer with goods worth lots of cash and the client was unable to pay and this affected Wilson's business.We are working together so as to assist in resheduling his loan so that he can get back to his feet ,get out of arrears and continue with his business well.Thank you.

Good luck to you and your business. I hope that all goes well and that your second loan will help you to prosper in your business. Please let us know how everything goes. Take care.

VIOLET KARWIMBO   Aug 16, 2013

Thank you Serene.I do appreciate for being part of my success.To all my lenders, I really thank you and may God expand your territories.I promise not to let you down.Thanks to Zidisha team,without you I would not have gone this far.Be blessed.

VIOLET KARWIMBO   Aug 16, 2013

Thank you Serene.I do appreciate for being part of my success.To all my lenders, I really thank you and may God expand your territories.I promise not to let you down.Thanks to Zidisha team,without you I would not have gone this far.Be blessed.

VIOLET KARWIMBO   Aug 13, 2013

Dear lenders, am so grateful for believing in me and encouraging me on my first loan.I thank you alot for trusting in me and I just dont take it for granted that I was able to finish my loan without difficulties, it was because of your prayers and encouragement.Secondly, thank you for giving me another opportunity for applying a second loan am so touched and moved for everything you are doing for me thank you Zidisha.org.Am kindly welcoming all lenders for bidding.God bless you abundantly.

VIOLET KARWIMBO   Jul 03, 2013

Dear lenders, hope you have been fine.Am doing quite well although I have been quite for a while and I have not been able to update you on my progress in business.Nothing bad has caused the silence, its only that I have been so busy tied with work .I also have good news that I found a new shop and moved to it immediatly ,after elections and I have operated it for 3 months now.Am doing well compared to where I was before and I have also gained other business ideas.Before I was in Githunguri ,Utawala Estate but now I have shifted to Bypass road, Mihango Estate.Its a new estate and its rapidly growing.You may ask why I had to go that far, its because I used to visit the constructing sites around the area and I would be given work to supply materials.So I decided to move closer to my customers that I may also grow as the area is growing.I do appreciate alot and was so happy because when Tracy visited Kenya ,she and some board members of Zidisha came and visited me .They were my first visitors on the shop and I was so excited.It was my prayer that this year I may get a new shop besides the main road for easy transportation of goods especially on rainy seasons ,so I can say my prayers have been answered.I have also added stock like paints, plastic buckets and water pipes.Electric fittings are so much in demand there but I have not been able to re-stock but with time I hope I will.Best wishes

VIOLET KARWIMBO   Mar 10, 2013

Dear lenders,am still doing fine and am grateful to God.Last month was a critical month since our country was undergoing elections but God has seen us through and the elections were peaceful and are now over.However business went on as usual apart from the election day on Monday last week since I had to go and cast my vote. This month I have only added cement, jerrycans and traditional mats.I had added enough stock on January so I did not need to stock much.God willing,tommorrow am planning to restock nails ,paints and brushes.thanks

VIOLET KARWIMBO   Jan 18, 2013

Hi lenders, Happy 2013 !.am fine and am back to what I like doing best ....business.I enjoyed my holidays and spend time visiting friends and relatives during the festive season.I had kept aside some savings and at least I managed to visit children's home and a few widows. I closed the business for holidays on 31st Dec and opened on 2nd Jan. I have not bought new items since December since I had bought enough stock on November.Am planning to re-stock few items on Monday.Some of the items I intend to buy are electrical cables,TV aerials,sockets,switches,torches and padlocks.I will also add afew bags of cement and nails.During the month of January most of my customers do repair work i.e,electric fittings,paints and cement are the things I sell most.Most months of January, business is slow but at least this year its different.Have a blessed 2013.

VIOLET KARWIMBO   Oct 30, 2012

Hi lenders ! am doing fine and it has been a busy month.The season has been rainy and sunny at the same time.Due to the change in weather I have had slight bouts of malaria and cold but now am fine.I like it when it rains like this since most customers prefer painting on a cold weather.Since it is a dry area whereby water is a problem,most people take advantage of the rain and have water stored in tanks to assist in building.I also get an opportunity to sell mops because its muddy and buckets plastick storage 'mitungi'.This month am planning to stock cement and paints.I'll also add brushes in differerent sizes and qualities.Most of the colours that are fast moving are cream ,metallic grey,green. white,and bermuda blue.We have three companies supplying paints in this area and they are the best paints. However we are also having new companies supplying cement at a better price and at the moment we have five brands of cement which also have good quality.Am planning to stock at least three different brands in order to attract customer since most people like to buy where there is variety.
Schools are about to close in the next two weeks and my son and daughter will assist in the shop when they are free.I will be able to buy goods from town and juakali areas while they attend to customers.They appreciate what I do and pray for zidisha team everyday.They like it everytime I get to tell them that I communicated with my lenders and they enjoy going through my profile with me.I have also told my friends about zidisha mirofinance and when they are ready they will join.As we come to the new month of November ,may God extend "uncommon favor" to you Zidisha team as a whole,I believe November is a month of God's favor much more because this is the month I was born.According to my records this is the month that I always have the best sales.Be blessed and may God bless you according to His richness and glory.

VIOLET KARWIMBO   Oct 07, 2012

Hi lenders, am fine and grateful to God for having an opportunity to see a new month of October.The past three weeks have been full of challenges and sales were not that good.Its mainly because last month teachers went on strike and after two and a half weeks the strike was called off and children went back to school.On my side, this affects me since 3/4 of my customers are mainly parents and when such a problem arises they withhold from building until the children are back to school and they have paid school fees.Otherwise, since its a hardware shop I dont specify only on building materials but also with household goods like basins,buckets,ropes brooms and bulbs ,which at least I have to sell before the day ends.I also offer transport on wheelbarrows, whereby a customer will hire ksh100 per day.Most of the people who hire the wheelbarrows are charcoal sellers ,water suppliers and shopkeepers. Beginning this month sales have increased and at least now there is a flow of customers. Today I paid my first instalment and as from tommorrow I will re-stock brooms, basins,chicken feeders ,chicken drinkers and ropes.I believe this month will be fruitful as it started on well.I wish you a blessed month too.

VIOLET KARWIMBO   Sep 10, 2012

Hi lenders, my business is still doing well .Last week Traci and Dan from Zidisha.org visited my business and I appreciated alot.I felt that you not only fund borrowers , but also care for them and you enjoy seeing them grow.They encouraged me alot and took pictures of my business.I have a positive attitude towards Zidisha and in future I can see myself going far in business.The grace period you gave me has enabled me to have enough time to view new products in the market and to sell and stock the shop, thus making profit before repaying back.God bless you and am so greatful.

September 7, 2012

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

Zidisha has reached beyond the entrepreneur’s doorstep and has now become a family affair. Emanating a sense of pride, Violet Karwimbo smiles as she speaks about her two children’s interest in their mom’s celebrityhood among the Zidisha community. Frequently updating her lenders on the progress of GHEMT Hardware & Electricals, Violet and her children (16 and10 years old) often go to the cyber cafe together, finding joy in seeing their mother’s photo on the internet and her obvious success as a self-made businesswoman. Prior to becoming a Zidisha borrower, computers were foreign and daunting machines, but through the encouragement of her family, friends, and the organization itself, she can now use one without intimidation.

Commuting to the hustle of downtown Nairobi throughout the week, Violet’s career in hardware began in a shop similar to her own. What first was a choice of convenience, for she was able to take her baby with her to work, quickly became a life-altering experience. For ten years, Violet slowly built the knowledge base needed to start her own business in hardware. Due to the shop owner’s decision to employ family, Violet was let go of her job in Nairobi. Despite this unexpected change of events, this transition set the path for her current success. With a savings of 20,000 KES, GHEMT was established in 2009. In its short three years of existence, the growth of GHEMT Hardware & Electricals is proof of Violet’s successful business approach.

Introduced to Zidisha by borrower, Vitalis Opondo, Violet received her first loan in early August. Since then, she has been able to stock her shop with desirable and hard to come by plumbing equipment, such as water pipes. Wanting to make her store more aesthetically pleasing, Violet also put in new shelves, which enabled her to display her stock to the many passers-by. Having the opportunity to supply GHEMT with new supplies has increased her sales, for although there are many hardware stores in the area, most do not sell water pipes and fittings. As her name grows and sales increase, Violet hopes to move her store to the newly paved road in the town shopping center. She would also like to start selling mattresses, plastic wares (buckets, wash bins, etc.), and school trunks for students attending boarding school.

Before our departure, Violet invites Vitalis to her shop, where another benefit of being a Zidisha borrower is revealed. Violet expresses that without her business, she would have never met Vitalis, heard about Zidisha, or learned how to use a computer. The encouragement they are now able to provide for each other is uplifting, and the avenues that Zidisha paves have proven to be endless.

To view more pictures of Violet, visit talkingstory.posterous.com

VIOLET KARWIMBO   Aug 17, 2012

Hi lenders, I have managed to buy paints, electric fittings and pipes.My shop now has a new display since I have added plumbing and sanitary wares.I have used part of the money to rearrange and make my shop have an a attractive look.Thank you for making my shop a place where each customer desires to buy from.

VIOLET KARWIMBO   Aug 07, 2012

I want to thank all the zidisha organization as awhole and more particularly the lenders who made my dream areality. I promise not to let you down.

Wishing you all the best with your business

VIOLET KARWIMBO   Aug 08, 2012

Thank you for wishing me well, God bless you abundantly.

VIOLET KARWIMBO   Aug 05, 2012

Zidisha thanks for activating my account, I have posted the loan today and I welcome all the lenders for biding.

VIOLET KARWIMBO

Nairobi city,Githunguri village, Kenya

100% Repaid

About This Loan

Loan Principal Disbursed: USD 302.01
Date Disbursed: Aug 8, 2012
Repayment Period: Number of months or weeks from disbursement until loan is fully repaid 12 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 9.47 (3.07%)
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 15.39 (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 24.86 (8.07%)

Funding

Lender Name Amount (USD) Interest
hugh1
(963)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.
30.200.00 %
hugh1
(963)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.
26.650.00 %
Hope2012
(1,515)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.
13.002.00 %
Piccolo
(13)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.
130.003.80 %
KSL
(110)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.
1.504.00 %
cjmenchaca
(251)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.
50.004.00 %
michellev
(114)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.
12.504.00 %
Anninymouse
(448)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.
13.154.00 %
Rdcmole
(433)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.
25.004.00 %

Repayment schedule


Repayments due as of Apr 24, 2014:  USD 0
Total repaid as of Apr 24, 2014:  USD 327
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.
Oct 08, 201229.72Oct 06, 201229.72
Nov 08, 201229.72Oct 06, 20121.10
  Nov 04, 201228.62
Dec 08, 201229.72Nov 04, 20122.19
  Dec 06, 201227.52
Jan 08, 201329.72Dec 06, 20122.68
  Jan 06, 201327.04
Feb 08, 201329.72Jan 06, 20133.17
  Feb 07, 201326.55
Mar 08, 201329.72Feb 07, 20133.66
  Mar 08, 201326.06
Apr 08, 201329.72Mar 08, 20134.15
  Apr 08, 201325.57
May 08, 201329.72Apr 08, 20134.64
  May 08, 201325.08
Jun 08, 201329.72May 08, 20135.12
  Jun 08, 201324.59
Jul 08, 201329.72Jun 08, 20135.61
  Jul 08, 201324.10
Aug 08, 201329.72Jul 08, 20132.48
  Jul 08, 20133.14
  Aug 07, 201324.11
Total Amount Due326.87Total Paid Amount326.87