Zidisha |

Geoffrey

Kabazi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Geoffrey

Member since

October 2012

On-time repayments

31 installments • 26%

About Me

I am married with seven childrens who is in school. I live in Kabazi shopping center which is about 35 km from Nakuru town along Nakuru-subukia highway. I live in plot number 104 at Kabazi shopping center but I operate my business in Nakuru town . My occupation is a canteen an shop, also I am also a member of Bahati self help group, I have a general knowledge.

My Business

MY BUSSINESS IS A CANTEEN AND A SHOP
I have a shop and canteen in Nakuru town, which is located opposite pinkam house at 3NS travelers. I started my business in the year 2006 after the stage started operating. They is a lot of demand of the product such as soda because of more passengers increasing day by day also the stage is located in strategic position thus making it more popular,
In the stage there is few shop and canteen along these area thus I will able to catch more customer. The business will be profitable because the product I will get from our nearby town (Nakuru) and the mean of transport is good and I will sell the quality product at favorable cost. I wanted to purchase refrigerator to meet the demand of my customer. The risk facing the business is theft due to insecurity during the night.
My typical monthly cost is khs 100000, sale revenue is around ksh 40000 and profit is above 50000 but I am planning to earning more.

Loan Proposal

First i would like to thank the zidisha flaternity because they have enabled me move from struggling to a reliable human being. I got my first loan and utilised it in adding more stock in my business. The business is doing very well and i want to try another business for my dear wife infact, i want to use my second loan to buy more dairy cows. Dairy cows are profit making bussiness especially in my local area.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,092.00

Date disbursed

Apr 2, 2013

Repayment status

On Time

Projected term

11 months

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Nov 2012: $359

Oct 2013: $2,061

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

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B
Bavarian Sep 6, 2014

Dear Geoffrey, I hope you and your family are doing well. We haven't heard any news from you for a while and you are behind your repayment schedule. Please keep us informed how things are going. Regards, Bavarian

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Landei May 28, 2014

Hello Geoffrey, how are you? And how is your business doing?

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C
CZC Mar 30, 2014

Mr. Wachira,

Thank you for your most recent repayment. I hope your wife is doing better now.

Take care,
Cris

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Samuel Mar 25, 2014

I am a VM. I have had a lengthy phone call today at 9.04am with Wachira. He says he is okay however her wife was sick and he spend huge amounts of money to treat her. Now he will a repayment of about $120 by this Monday. Thank you

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- C
  CZC Mar 25, 2014
  
  Mr. Shehi,
  
  Thank you for checking up on Mr. Wachira. I hope his wife is well on her way to recovery. Now that I know what the problem was, it makes sense he fell behind.
  
  Cris
  
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C
CZC Mar 5, 2014

Geoffrey,

We would appreciate some news on how your business is doing. Would you also be able to give us an idea of when you might resume repayments? It seems you've fallen behind a couple of months.

Thanks,
Cris

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C
CZC Feb 10, 2014

Hi Geoffrey,

How have you been? How has your business been faring? If you're having trouble coming up with your next repayment, why don't you reschedule your loan? That way your credit won't be damaged.

Please let us know how everything is going for you.

Cris

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Giucca Jan 7, 2014

Hello Geoffrey!

Thank you for the payment. I'm glad to see you are doing well. Please let us know how is the business when you have time. Best regards!

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mewesten Jan 7, 2014

Hello Geoffrey,
I am happy to say the first payment on your new loan arrived today.
Please let us know how you are doing at your grocery.
Best of luck to you.
Marvin

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Geoffrey Jul 25, 2013

i would like to thank zidisha for this far it has brought me. zidisha is a micro finance that has really improved lives of people personally am very grateful with you. i have decided to reschedule my loan because my business is doing very well and i would wish to repay the remainig balance the soonest possible so that i can apply for the next loan inorder to improve my bussiness. may God bless zidisha.

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Namaste250 Mar 30, 2013

Greetings Geoffrey,
Congratulations on getting to full funding. You are on your way. Is your wife's business taking care of the cows? Or are you starting another business?
Best wishes for health for your family, success in your businesses and prosperity, namaste250

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D
dweiner Mar 28, 2013

Hi Geoffrey. What soda is the most popular in your area?

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- Geoffrey Sep 18, 2013
  
  thanx dweiner,
  we have several soda brands but the commonly taken is cocacola. we sell other brands like stoney, sprite, fanta and krest.
  
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- Geoffrey Sep 18, 2013
  
  thanx dweiner,
  we have several soda brands but the commonly taken is cocacola. we sell other brands like stoney, sprite, fanta and krest.
  
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Geoffrey Mar 22, 2013

thank you zidisha for enabling me restock my bussiness, it has been doing well and within three months i have repaid my loan. God bless zidisha.

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Geoffrey Jan 12, 2013

I am very greatful for the loan i got from zidisha. After getting the loan i increased my stock and during the december festivities i made good profit currently, my bussiness is doing very well and am projecting that i will be able to repay within three months. Secondly, i would like to thank all those people who contributed towards my loan, may the almighty God bless them abundantly. If i repay my loan in good time am planning to apply for the second loan and increase my stock more.
Thank you.

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