Entrepreneur
Name
Lydiah
Member since
January 2016
On-time repayments
223 installments • 93%
About Me
My name is Lydiah Wanyara, 28 years old, a single . Am the first born in a family of four, born and raised in Nyeri county. I am self motivated and focused to achieve my goals. Am currently in autopaints sales and services business focused to support my 3 siblings.
I started my education in kerugoya primary then later joined Kabare girls. In 2012 i joined Karatina University for a degree course in Bachelor of commerce . For the past four years i have been offering autopaints sales and services a at Karatina town in Nyeri County. I use my business proceedings to support my siblings as well as maintenance in my business.
My Business
My business has two major sections. Autopaint sales and auto repair services. It is located at Karatina town, Nyeri Nairobi high way, next to Karatina stadium. As a way of giving back to the society I started auto repair training to youth in the community. we offer practical skills needed to the youth to enable them earn a living. This entails panel beating, spray painting and mechanic skills at a subsided cost. In addition i offer Auto paint sales to garages in karatina town. s my business niche focuses impacting skills to form four leavers as they wait to join colleges and other institutions.
My business goals include
1. To establish a profitable and sustainable business in autopaints
2. Offering the best Auto paint to customers.
3. To be the leading autopaint sales and services provider.
4. To reach out to 20 youths every year.
The business unit generates an average of 8000$ per year. Part of this income is used to support my family while the rest is used in the business as the working capital. The main challenge facing my business currently is limited space, inventory and equipment to match with upcoming technology.
Loan Proposal
halloo my lenders,
Once again i appreciate your continued support, i have seen a tremendous growth in my business and also growth in customer base.i have been in a position to train my fellow youths and after gaining the skills needed some have opened up their workshops ,employed some.This has drastically reduced unemployment and idleness from the youths. The community around has also benefited from the new opportunities coming up hence raising their living standards.My next project is to enlarge my workshop and buy more machines to meet the increasing demand. and create space for more trainees and also ample machines for the to use while training.
The project will cost 90dollars, i have 45dollars which is a saving from proceeds from sales.The funds will be used as explained above.Once again thanks to zidisha for offering such a platform to better our lives as well as others.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$457.00
Date disbursed
Oct 11, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Hong Kong
United States
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Summary
Amount repaid
$456.97
Amount remaining
$0.09
Date repaid
Jan 11, 2017
Status
Fully repaid
Installment amount
$0.09
Next installment
Jan 25, 2017
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 19, 2016 | $34.28 | Oct 19, 2016 | $34.28 |
| Oct 26, 2016 | $34.28 | Oct 19, 2016 | $0.50 |
| Oct 22, 2016 | $33.78 | ||
| Nov 2, 2016 | $34.28 | Oct 22, 2016 | $1.51 |
| Nov 3, 2016 | $32.77 | ||
| Nov 9, 2016 | $34.28 | Nov 3, 2016 | $1.51 |
| Nov 10, 2016 | $32.77 | ||
| Nov 16, 2016 | $34.28 | Nov 10, 2016 | $1.51 |
| Nov 19, 2016 | $32.77 | ||
| Nov 23, 2016 | $34.28 | Dec 1, 2016 | $34.28 |
| Nov 30, 2016 | $34.28 | Dec 2, 2016 | $34.28 |
| Dec 7, 2016 | $34.28 | Dec 8, 2016 | $34.28 |
| Dec 14, 2016 | $34.28 | Jan 3, 2017 | $34.28 |
| Dec 21, 2016 | $34.28 | Jan 3, 2017 | $34.28 |
| Dec 28, 2016 | $34.28 | Jan 3, 2017 | $34.28 |
| Jan 4, 2017 | $34.28 | Jan 7, 2017 | $34.28 |
| Jan 11, 2017 | $34.28 | Jan 7, 2017 | $34.28 |
| Jan 18, 2017 | $11.29 | Jan 11, 2017 | $11.29 |
| Jan 25, 2017 | $0.09 | ||
David May 16, 2017
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