To increase food items offered by my business

Emmanuel

Githurai, Kenya

Funds disbursed

$0 to go

100% funded of $11 goal

days left

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How it Works

Entrepreneur

Name

Emmanuel

Member since

May 2018

On-time repayments

9 installments • 33%

About Me

I'm Emmanuel Otieno Odago, a 23 year old Kenyan. I live in Kiambu county with my single mother and my sister and brother. Life has not always been easy because even currently I'm not able to finish my degree course due to lack of fees. But I am not discouraged since I have my own business with which I try to make ends meet.

My Business

I have a business which sells Samosas and Mandazis. I have owned the business for a month now and I have been making a 30% profit each day. I use the profits for my upkeep to pay my rent and household items.

Loan Proposal

I will use the money to buy new food stuffs like flour to cook Chapatis which will cost Kes. 240, a cooking pan for Kes. 400, cooking oil costing Kes. 300, and other cooking spices which will cost Kes 250.
This will increase my current profit margin from 30%-60% Hence enabling me to start another business.

Feedback

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J Aug 26, 2018

Not repaying or communicating.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Jun 1, 2018

Repayment status

Late

Projected term

5 weeks

Other loans

May 2018: $11

Lenders

James

United States

Roddy Murray

United Kingdom

Netherlands

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J Aug 26, 2018

You become a part of the problem when you take a loan with no intention to repay it Emmanuel. It takes funds away from others who do abide by the rules put in place to preserve as much funding as possible for all borrowers and leanders. How long would your business last if you provided goods or services and no one paid ? Please be responsible and step up and make the payments on your loan.

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J Aug 8, 2018

Please make a payment on your Zidisha loan. Lenders loaned to you with good faith that they would be paid back in a timely manner. Zidisha is a powerful tool when used correctly to grow a business. Do not throw away an opportunity to prosper in the future.

If you are not able to make a payment then please leave a comment. Every lender understands that there are difficult periods in someone’s life!

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J May 30, 2018

Your loan is now fully funded. Please keep us posted.

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Emmanuel May 28, 2018

Hi, I again want to say thank you for funding my loan. Currently I'm planning on paying it back today. It has really helped me to get to start my business and get a footing in life. Many thanks and be blessed.

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Emmanuel May 7, 2018

Hi, I was able to receive the money and now I am to embark on refurnishing my business. Thank you

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