Joel
Nakuru, Kenya
45% repaid
Name
Joel
Member since
December 2013
On-time repayments
150 installments • 50%
I am a Kenyan Citizen currently living in the county of Nakuru. I am an averagely educated person with at least a masters degree. One thing that i can tell members in this zidisha platform is that education is not everything. Honestly if education could automatically bring riches i would be!. I have come to believe that business is the shortest way to be come self reliant and grow to greater heights of your life time. I therefore decided to venture into business of my dream and a can boldly state that it is amazing. I therefore had about zidisha from a friend and i did not think much about it before i could join because i out rightly knew that it was all i needed to take my business to the next level. the most important thing now is to ensure that all the monies realised from this platform is utilised appropriately to promote the vision and mission of the zidisha fund or scheme. I am looking forward to remain cooperative and help myself grow grow and grow. Yes, you and me we can. thank you
I am in grocery type of business. i deal with a lot of grains as the major good component i trade in. the business is based in the Nakuru sub-a bub next to section 58 near kabachia. This area has got a good catchment area of majorly middle income earners hence the viability of the area. I started this business in the year 2010 and since then i have never found myself regretting. My motivation is comprised of the increasing need for food customization in our current society. Most people are now coming to reality with the fact that grains-stuffs and vegetables are the most healthy foods compared to flesh. This has made most families to revert to the consumption of more of natural food-stiffs. The business is doing well with my own assessment. My total sales for a bad month is about kshs37000, out of this, i fund an expenditure of kshs22000 thereby leaving me with kshs15000 as my net profit. Given the zidisha loan, i am convinced that my business will climb to another higher level since i am aiming at starting door to door delivery besides opening other outlet shops in other parts of Nakuru. I strongly believe that i am capable of repaying the amount of loan allocated to me within the scheduled installments. Thanks again to Zidisha as I wait to positively benefit from this scheme together with others.
In the recent past, following my business expansion plans, i have managed to acquire a laptop and currently doing a lot of online writing and academic consultancy services. I have managed to increase my earnings tremendously.
Given this fourth loan, I am planning to acquire office equipment including a printer and a second lap top to enable me employ an extra labor force as I am getting more and more work . Now having conducted an analysis, I need an estimated amount of up to $670 . I have managed to save some amount of up to $225. In this regard, the printer will be costing me $170. This will enable me cut on costs that I have been incurring as a result of printing on various computer bureaus within town. Further, I am planning to acquire a new laptop that will cost an estimated $500.
I project that if I will be able to get the two equipments, my earnings will increase from at least $170 per month to $280 per month (around $9 daily). From the $280, i will use $112 to pay recurring expenditures including one man labor and stationary papers besides toners. the remaining $170 will enable me make my weekly repayments without much struggle. thank you and I hope to get full funding of this loan request.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$450.00
Date disbursed
May 10, 2015
Repayment status
Late
Projected term
20 months
Other loans
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Amount repaid
$214.11
Amount remaining
$258.98
Expected completion
Jan 15, 2017
Status
Repaying late
Installment amount
$4.44
Expected Payments | Actual Payments | ||
---|---|---|---|
May 17, 2015 | $16.89 | May 17, 2015 | $16.89 |
May 24, 2015 | $16.89 | May 17, 2015 | $1.11 |
May 24, 2015 | $15.78 | ||
May 31, 2015 | $16.89 | May 24, 2015 | $0.89 |
Jun 3, 2015 | $16.00 | ||
Jun 7, 2015 | $0.67 | Jun 3, 2015 | $0.67 |
Jun 14, 2015 | $0.00 | ||
Jun 21, 2015 | $8.89 | Jun 16, 2015 | $8.89 |
Jun 28, 2015 | $8.89 | Jun 16, 2015 | $8.89 |
Jul 5, 2015 | $8.89 | Jun 22, 2015 | $8.89 |
Jul 12, 2015 | $8.89 | Jul 15, 2015 | $8.89 |
Jul 19, 2015 | $8.89 | Aug 3, 2015 | $8.89 |
Jul 26, 2015 | $8.89 | Aug 3, 2015 | $8.89 |
Aug 2, 2015 | $8.89 | Aug 3, 2015 | $8.89 |
Aug 9, 2015 | $8.89 | Aug 3, 2015 | $8.89 |
Aug 16, 2015 | $8.89 | Aug 20, 2015 | $8.89 |
Aug 23, 2015 | $8.89 | Sep 15, 2015 | $8.89 |
Aug 30, 2015 | $8.89 | Sep 15, 2015 | $2.22 |
Sep 20, 2015 | $6.67 | ||
Sep 6, 2015 | $8.89 | Sep 20, 2015 | $2.22 |
Oct 14, 2015 | $6.67 | ||
Sep 13, 2015 | $8.89 | Oct 14, 2015 | $4.44 |
Oct 17, 2015 | $4.44 | ||
Sep 20, 2015 | $8.89 | Oct 17, 2015 | $6.67 |
May 19, 2016 | $2.22 | ||
Sep 27, 2015 | $8.89 | May 19, 2016 | $2.78 |
Sep 17, 2016 | $6.11 | ||
Oct 4, 2015 | $0.00 | ||
Oct 11, 2015 | $0.00 | ||
Oct 18, 2015 | $0.00 | ||
Oct 25, 2015 | $4.44 | Sep 17, 2016 | $4.44 |
Nov 1, 2015 | $4.44 | Sep 17, 2016 | $4.44 |
Nov 8, 2015 | $4.44 | Sep 17, 2016 | $4.44 |
Nov 15, 2015 | $4.44 | Sep 17, 2016 | $2.78 |
Nov 4, 2016 | $1.67 | ||
Nov 22, 2015 | $4.44 | Nov 4, 2016 | $4.44 |
Nov 29, 2015 | $4.44 | Nov 4, 2016 | $4.44 |
Dec 6, 2015 | $4.44 | Nov 4, 2016 | $2.78 |
Dec 13, 2015 | $4.44 | ||
Dec 20, 2015 | $4.44 | ||
Dec 27, 2015 | $4.44 | ||
Jan 3, 2016 | $4.44 | ||
Jan 10, 2016 | $4.44 | ||
Jan 17, 2016 | $4.44 | ||
Jan 24, 2016 | $4.44 | ||
Jan 31, 2016 | $4.44 | ||
Feb 7, 2016 | $4.44 | ||
Feb 14, 2016 | $4.44 | ||
Feb 21, 2016 | $4.44 | ||
Feb 28, 2016 | $4.44 | ||
Mar 6, 2016 | $4.44 | ||
Mar 13, 2016 | $4.44 | ||
Mar 20, 2016 | $4.44 | ||
Mar 27, 2016 | $4.44 | ||
Apr 3, 2016 | $4.44 | ||
Apr 10, 2016 | $4.44 | ||
Apr 17, 2016 | $4.44 | ||
Apr 24, 2016 | $4.44 | ||
May 1, 2016 | $4.44 | ||
May 8, 2016 | $4.44 | ||
May 15, 2016 | $4.44 | ||
May 22, 2016 | $4.44 | ||
May 29, 2016 | $4.44 | ||
Jun 5, 2016 | $4.44 | ||
Jun 12, 2016 | $4.44 | ||
Jun 19, 2016 | $4.44 | ||
Jun 26, 2016 | $4.44 | ||
Jul 3, 2016 | $4.44 | ||
Jul 10, 2016 | $4.44 | ||
Jul 17, 2016 | $4.44 | ||
Jul 24, 2016 | $4.44 | ||
Jul 31, 2016 | $4.44 | ||
Aug 7, 2016 | $4.44 | ||
Aug 14, 2016 | $4.44 | ||
Aug 21, 2016 | $4.44 | ||
Aug 28, 2016 | $4.44 | ||
Sep 4, 2016 | $4.44 | ||
Sep 11, 2016 | $4.44 | ||
Sep 18, 2016 | $4.44 | ||
Sep 25, 2016 | $4.44 | ||
Oct 2, 2016 | $4.44 | ||
Oct 9, 2016 | $4.44 | ||
Oct 16, 2016 | $4.44 | ||
Oct 23, 2016 | $4.44 | ||
Oct 30, 2016 | $4.44 | ||
Nov 6, 2016 | $4.44 | ||
Nov 13, 2016 | $4.44 | ||
Nov 20, 2016 | $4.44 | ||
Nov 27, 2016 | $4.44 | ||
Dec 4, 2016 | $4.44 | ||
Dec 11, 2016 | $4.44 | ||
Dec 18, 2016 | $4.44 | ||
Dec 25, 2016 | $4.44 | ||
Jan 1, 2017 | $4.44 | ||
Jan 8, 2017 | $4.44 | ||
Jan 15, 2017 | $3.98 |
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