Purchasing more gas cylinders to establish my business

Collins

Busia, Kenya

100% repaid

Entrepreneur

Name

Collins

Member since

December 2017

On-time repayments

106 installments  •  55%

About Me

My name is Collins Ochieng. Ochieng is a male name that originates from the shores of Lake Victoria. I was born in western region of Kenya in Busia county. Iwas raised by single mother who only sell dagaa(omena) to make end meet.
I am the first born in the family of five.In our village(Nyambula)learning wasn't a common practice. Despite that my hard working mother was very keen to make us attend our school. I excelled well in the national examination despite the challenges that were soo many in the village.
After one year I was selected to join high school.Life was very difficult here since the school fees and upkeep money was high for my unemployed mother.After all these i realized that when icome up with idea of poultry farming i will make it.On my very fast holiday I bought two hens with one cork.I left them for my mother who was to ensure they are well taken care of.
I raised my schoolfees through selling of the chicken together with the profit that mum had saved.
I am someone of positive mind and able to execute hard task with minimum supervision. I was requested to join football school team after doing well in interclasses competition.
I helped my team achieve many trophies and was name the western giants.I finally done my exam and attained grade A minus that enabled me to join Meru university .Iam currently studying bachelor of economics .It is my third year .I benefit from Zidisha organization and I believe because of my excellent payment record my lenders would be willing to lend me again.Thank you.

My Business

My entrepreneurial skills has helped me a lot.Besides having poultry at home I also sell mitumba shoes and clothes to students in school.My revenue doesn't go below KES 400 in a day.I fetch the mitumba shoes at Gikomba market in Nairobi at KES 150 per pair and sell it at KES 550. Making a profit of KES 400 only in one pair. I attributes every success in my efforts. Currently a friend of mine introduced me to freelancing business that I want to practice it. I therefore need to buy alaptop that will cost me KES 35000 .I have saved upto 20000KES and i appeal to my family Zidisha to lend me the remaining amount so that my dream can come true.I am progressing well with Zidisha Currently i own 10 gas cylinders which is estimated to be USD 300 i have also rise to become a volunteer mentor with 100% payment record Longlive zidisha

Loan Proposal

I am gratitude to all my lenders for the good job . I am a business minded individual and working with Zidisha has help me to achieve most of my dreams. Last year i opened my clothes and shoes shop . I have decided to borrow these loan so that i establish my ideas of selling gas cooker and their grills. I will start by purchasing 5 cylinders that will cost me atotall of KES 15000. After refilling them each one will be sold at an average of KES 4000 each.These will generate me a revenue of KES 5000 for only first round. The money i will generate in profit will help in paying for my young siblings Education. I therefore kindly ask for assistance for my borrowers again .Thank you all

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Jul 3, 2018

Repayment status

On Time

Projected term

8 months

Lenders

P

Peksa

Espoo, Finland

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$199.21

Amount remaining

$0.00

Date repaid

Nov 22, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 16, 2018 $9.85 Jul 17, 2018 $9.85
Jul 23, 2018 $1.98 Jul 23, 2018 $0.99
Jul 23, 2018 $0.99
Jul 23, 2018 $0.01
Jul 30, 2018 $1.98 Jul 29, 2018 $0.99
Jul 29, 2018 $0.99
Jul 29, 2018 $0.01
Aug 6, 2018 $1.98 Aug 6, 2018 $0.99
Aug 6, 2018 $0.99
Aug 6, 2018 $0.01
Aug 13, 2018 $1.98 Aug 12, 2018 $0.99
Aug 12, 2018 $0.99
Aug 14, 2018 $0.01
Aug 20, 2018 $1.98 Aug 20, 2018 $0.99
Aug 20, 2018 $0.99
Aug 20, 2018 $0.01
Aug 27, 2018 $0.00
Sep 3, 2018 $2.46 Sep 1, 2018 $0.99
Sep 1, 2018 $0.99
Sep 1, 2018 $0.49
Sep 10, 2018 $2.46 Sep 12, 2018 $0.99
Sep 12, 2018 $0.72
Sep 13, 2018 $0.74
Sep 19, 2018 $0.02
Sep 17, 2018 $2.46 Sep 19, 2018 $0.47
Sep 19, 2018 $0.99
Sep 21, 2018 $0.30
Sep 22, 2018 $0.38
Sep 23, 2018 $0.33
Sep 24, 2018 $2.46 Sep 23, 2018 $0.66
Sep 26, 2018 $0.99
Sep 27, 2018 $0.37
Sep 27, 2018 $0.44
Oct 1, 2018 $2.46 Sep 27, 2018 $0.15
Sep 29, 2018 $0.99
Oct 1, 2018 $0.57
Oct 4, 2018 $0.59
Oct 7, 2018 $0.17
Oct 8, 2018 $1.70 Oct 7, 2018 $0.23
Oct 8, 2018 $0.49
Oct 14, 2018 $0.99
Oct 15, 2018 $2.96 Oct 15, 2018 $0.99
Oct 15, 2018 $0.99
Oct 15, 2018 $0.99
Oct 22, 2018 $2.96 Oct 22, 2018 $0.99
Oct 22, 2018 $0.99
Oct 22, 2018 $0.99
Oct 29, 2018 $2.96 Oct 29, 2018 $0.99
Oct 29, 2018 $0.99
Oct 29, 2018 $0.99
Nov 5, 2018 $2.96 Nov 5, 2018 $0.99
Nov 5, 2018 $0.99
Nov 6, 2018 $0.99
Nov 12, 2018 $2.96 Nov 9, 2018 $0.99
Nov 9, 2018 $1.97
Nov 19, 2018 $4.73 Nov 9, 2018 $2.76
Nov 9, 2018 $0.99
Nov 15, 2018 $0.99
Nov 26, 2018 $1.97 Nov 19, 2018 $0.99
Nov 19, 2018 $0.99
Dec 3, 2018 $1.97 Nov 22, 2018 $1.97
Dec 10, 2018 $1.97 Nov 22, 2018 $1.97
Dec 17, 2018 $1.97 Nov 22, 2018 $1.97
Dec 24, 2018 $1.97 Nov 22, 2018 $1.97
Dec 31, 2018 $9.85 Nov 22, 2018 $9.85
Jan 7, 2019 $9.85 Nov 22, 2018 $9.85
Jan 14, 2019 $9.85 Nov 22, 2018 $9.85
Jan 21, 2019 $9.85 Nov 22, 2018 $9.85
Jan 28, 2019 $9.85 Nov 22, 2018 $9.85
Feb 4, 2019 $9.85 Nov 22, 2018 $9.85
Feb 11, 2019 $9.85 Nov 22, 2018 $9.85
Feb 18, 2019 $9.85 Nov 22, 2018 $9.85
Feb 25, 2019 $9.85 Nov 22, 2018 $9.85
Mar 4, 2019 $9.85 Nov 22, 2018 $9.85
Mar 11, 2019 $9.85 Nov 22, 2018 $9.85
Mar 18, 2019 $9.85 Nov 22, 2018 $9.85
Mar 25, 2019 $9.85 Nov 22, 2018 $9.85
Apr 1, 2019 $7.96 Nov 22, 2018 $7.88
Nov 22, 2018 $0.08

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