Stock for my food retail shop

William

Nakuru, Kenya

14% repaid

Entrepreneur

Name

William

Member since

August 2015

On-time repayments

39 installments  •  13%

About Me

I was born and grew at Nakuru in the Rift Valley region Kenya to Mr and Mrs Otiende. I had my primary and secondary education in Kisumu county. This were very difficult when i was going to school, i use to help my mother in her trade and also sell kerosene at night. from the litle money saved from my parents petty trading they sent me to high school. I love buying and selling, through this i was able to start my business.

My Business

i have a provission store. i sell items like nestle product, soft drinks, tomato, rice, onion, pepper, exercice books,cereals etc. i started the business with the money i saved from selling the kerosene. i am using the profit to sponsor my tertiary education and also helping my younger brothers education. after my education i will use the profits to reinvest in the business. i choose this business because these product were in high demands at my place

Loan Proposal

I will use my first loan of $149.28 to increase my stock level in the shop.By doing these al be able to have an equal supply to the demand in the market,coz the products are highly demanded.I expect an increase of 30% revenue generated.thanks in advance to my Zidisha family.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 2, 2015

Repayment status

Late

Projected term

9 months

Lenders

Roy

Espoo, Finland

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • William    Feb 4, 2018

    Hello pal kindly forgive my delays for the payment i am now able to repay please.

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  • William    Nov 10, 2015

    I have not been that fine as per say am trying to stabilize everything in life that have made me become unstable financially.am sorry for the delays in payment and promise as all this is over which might be this week I will repay all my dues.thank you.

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    • Roy    Nov 10, 2015

      We understand sometimes things happen, other than the way we would wish....It is for this reason that you are able to reschedule the repayments, so that you can keep to the schedule.... I encourage you to do this because it is in your own interest...
      Good luck.

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  • Roy    Nov 9, 2015

    How are you William?

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  • William    Oct 9, 2015

    dear lenders am so sorry for the fall in percentage repayment but I think it is just a mistake it shall be corrected soon.am so sorry

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  • William    Sep 23, 2015

    I have recovered from the loss and am back on track thank u so much for everything.

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  • William    Sep 23, 2015

    I have recovered from the loss and am back on track thank u so much for everything.

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  • William    Sep 21, 2015

    Thanks lenders for the patience and sorry for the inconvenience.

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  • William    Sep 21, 2015

    My shop was vandalized by theft and still recovering from stabilizing.

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  • William    Sep 21, 2015

    Thank you Zidisha family my dreams have finally came true because of you the only thing that is remaining is buying for him laptop which the progress is well almost raising the full amount just because of u thank you so much.

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  • William    Sep 21, 2015

    But the best of all is that my younger brother is already in college.

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  • William    Sep 21, 2015

    I experienced some problems of theft in my shop and was beaten down a little bit but am catching up being not only the problem My service provider had some problems tried to repay the Loan it wasn't working am working on it I know by 23rd I would have sorted out and repay it on the same day sorry for the inconvenience.

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  • (Comment deleted by author)

    • Roy    Sep 14, 2015

      I understand. Being manual mistakes do happen, so if it looks like their is a problem, send a message to Zidisha....This space is not the best place though, as it is meant for communication between borrowers and lenders.

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  • William    Sep 14, 2015

    I sent my first repayment amount on Saturday but it has not been posted please somebody explain this.

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    • Roy    Sep 14, 2015

      William,
      Processing the payment is a manual operation, which takes up to three days. I am not sure if this is three working days or three actual days. So please allow until later in the week. If at that time it does not show, send a message to Zidisha at [email protected], with the details.
      Good luck,

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  • William    Sep 12, 2015

    I appreciate the funding so much I have added my stocks and profit margin have increased by more than 50% am now planning of taking my sibling in college whom I want to finance with the profit thank u very much lenders.

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  • William    Sep 3, 2015

    thank you so much lenders I have finally got financed

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  • William    Sep 2, 2015

    Thank you very much for the funding.and i promise i wont disappoint in repayment

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  • Victor    Aug 27, 2015

    Hopefully you will be funded William.

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  • William    Aug 27, 2015

    Hi Lenders, my loan remains with 2days to be funded.Hopes of being funded are still alive. I won't disappoint in repayments. #Zidisha family...

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