Mobile investment

Danson

Gilgil, Kenya

100% repaid

Entrepreneur

Name

Danson

Member since

January 2015

On-time repayments

18 installments  •  61%

About Me

I was born in londiani kericho county,being the the second
born in the family of three boys,attended sosiani primary school
and later joined kibabii high school in bungoma,after completing high
school i enrolled for a mobile phone repair course in eldoret aviation college,
i am married and i have been blessed with two daughters.

My Business

after i completed my college course with the help of my father i
started a small mobile repair shop to which it has grown
from strength to strength,it mainly deals with computerized phone
repair and selling of spare parts to other technicians in our locality,i have a
technician and a sales lady.In future i plan to specialize also in laptops and digital
cameras when the capital to invest is available
In my business the income ranges from ksh.20,000 every month - ksh.10,000 (rent expenses,electricity and restocking )i save ksh.5000 into a saving account that sees my family going ,the rest goes to school fees for my daughter
With this loan,it will help me advance not only in repair but also selling of accessories both mobile and laptops and since the area is occupied mainly by the service men it can fetch a good income at the end of the day since they have a high lifestyle and also heavy machines that are prone to failure and hence repair and servicing ,in a good week you can fetch around Ksh.10,000 -ksh.15,000 and that will enable mi to repay the loan on time and advance further in business

AFTER MY FIRST LOAN
First of all i would like to thank all those who funded my loan and for sure i have not let you down in repaying before time and also in full payment,after i got my first loan i purchased spare parts that have seen my business rising from ashes,the profits have since made my business flow well and has made me well renown in town,i have managed to pay on time and as i promised earlier,my intentions are to expand my business to a laptop repair center and i have seen this dream come true with the zidisha loans,with this phase i intend to buy some laptop spare part which are available locally to kick off the business,i also intend to invest some to my wife's grocery store which is also doing great

Loan Proposal

first is to thank you for the approval,with this loan i plan to restock mobile accessories and spare parts and a bit of it to go to improving my work station display,for i know that it sells to have a neat working environment to please the customers thus attracting more and more customers,thus generating profit

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 30, 2015

Repayment status

On Time

Projected term

2 months

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  • Danson    Jul 31, 2015

    hallo zidisha team,i would like to table my apologies for being late on my loan repayment this has been caused by a family matter that kept me out of bussiness for a while.i have since come back and i promise to clear my loan balance of 2600shs in a weeks time from today,i also beg that u restore my credit limit so that i push up my shop,thanks in advance as i await a favourable response from you

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  • John    May 29, 2015

    Hi lenders, I talked to Danson Wachira and he told me that that he had some setback but its now over he will be repaying her loan soon.
    thank you
    john

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  • Danson    May 5, 2015

    am very greatful for the support that zidisha has given me and helping me realize my dreams,i received ksh9,273 to which i used the money to purchase a few items to kick start my laptop project,this will see the stocking and a few other,God bless

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  • Danson    Apr 12, 2015

    this loan will help me restock my workshop.thank you for this worthy opportunity my lenders it will help me a long way

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  • Danson    Mar 30, 2015

    AFTER MY FIRST LOAN
    First of all i would like to thank all those who funded my loan and for sure i have not let you down in repaying before time and also in full payment,after i got my first loan i purchased spare parts that have seen my business rising from ashes,the profits have since made my business flow well and has made me well renown in town,i have managed to pay on time and as i promised earlier,my intentions are to expand my business to a laptop repair center and i have seen this dream come true with the zidisha loans,with this phase i intend to buy some laptop spare part which are available locally to kick off the business,i also intend to invest some to my wife's grocery store which is also doing great

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  • Danson    Mar 26, 2015

    this far i have made it,i thank all those who participated in funding for my loan,i am very grateful since i could not have achieved this were it not for them,i have since opened a spare part selling section at my place of work and it its doing great ,i have since my profit grow to a margin i couldn't imagine,the increased earning have seen me finish paying the loan before time and hoping for a higher loan so that i can invest further into computer business,with this first profit i was able to clear all arrears in school fees for my daughter and opened up a small grocery store and doing great too

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  • Danson    Mar 15, 2015

    first is to thank you for the loan you granted me,it came in handy.i used part of it to improve the outlook of my workshop,customers now are confident since i have increased security for their phones,i was able to pay someone to give me a laptop repair course which i attend daily for two hours.this will help me increase income by a great margin.thank you zidsha

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