Big storage tank and additional stock for my business

Daniel

Mochenwa, Kenya

69% repaid

Entrepreneur

Name

Daniel

Member since

August 2015

On-time repayments

263 installments  •  73%

About Me

My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.

My Business

Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.

Loan Proposal

As a matter of fact the business has grown and the result is that the demand is high than what I can deliver because the storage capacity is small and in terms of cash is not enough for me to purchase enough kerosene to satisfy the demand .my present capacity storage capacity caries 400litres which cannot last me for full one week,that's why I need this loan to purchase big tank which will accommodate more liters than the one am using right now.and in the other hand even at the petroleum station when you purchase is small quantity the price is higher than when you purchase more quantity.for this reason I would like to increase the quantity to 85% this will at least take me for two weeks and the storage I would like to increase it from 400litres to 1000litres from this reason it will minimize transportation cost,theft and save time. After this I know the profit will increase by double the one am getting which will enable me to repay my loan easier and on time and other bills and the remaining I add to my business and to my shamba at home.The way I will spend my loan;kerosene1000litres =$761.9
kerosene tank =$380.9
transport =$95.2
housing tank construction =$142.8
connection and service =$95.2
manpower assistance =66.7
total =$1542.7
I thank you in advance hoping and trusting that as Zidisha team you are going to assist me to reach my goal.

Show original English  

About Me

my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.

My Business

`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.

Loan Proposal

As a matter of fact the business has grown and the result is that the demand is high than what I can deliver because the storage capacity is small and in terms of cash is not enough for me to purchase enough kerosene to satisfy the demand .my present capacity storage capacity caries 400litres which cannot last me for full one week,that's why I need this loan to purchase big tank which will accommodate more liters than the one am using right now.and in the other hand even at the petroleum station when you purchase is small quantity the price is higher than when you purchase more quantity.for this reason I would like to increase the quantity to 85% this will at least take me for two weeks and the storage I would like to increase it from 400litres to 1000litres from this reason it will minimize transportation cost,theft and save time. After this I know the profit will increase by double the one am getting which will enable me to repay my loan easier and on time and other bills and the remaining I add to my business and to my shamba at home.The way I will spend my loan;kerosene1000litres =$761.9
kerosene tank =$380.9
transport =$95.2
housing tank construction =$142.8
connection and service =$95.2
manpower assistance =66.7
total =$1542.7
I thank you in advance hoping and trusting that as Zidisha team you are going to assist me to reach my goal.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,734.00

Date disbursed

Jul 5, 2018

Repayment status

Late

Projected term

38 months

Lenders

Cloudways

Malta, Malta

P

Peksa

Espoo, Finland

Karijn

Amsterdam, Netherlands

MW

Matt Willis

United States

Mattie Shaw

Seattle, United States

P

Peter

Bratislava, Slovakia

L

Lucy

Australia

Seppo Ruohonen

Vantaa, Finland

HCPSPIRIT

Helsinki, Finland

R

RMIM

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Daniel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$1,196.71

Amount remaining

$537.95

Expected completion

Sep 5, 2021

Status

Repaying late

Installment amount

$66.71

Repayment History

Expected Payments Actual Payments
Jul 15, 2018 $66.71 Jul 9, 2018 $66.71
Jul 22, 2018 $66.71 Jul 22, 2018 $66.71
Jul 29, 2018 $66.71 Jul 29, 2018 $66.71
Aug 5, 2018 $66.71 Aug 5, 2018 $66.71
Aug 12, 2018 $66.71 Aug 12, 2018 $66.71
Aug 19, 2018 $66.71 Aug 19, 2018 $66.71
Aug 26, 2018 $66.71 Aug 26, 2018 $66.71
Sep 2, 2018 $66.71 Sep 2, 2018 $66.71
Sep 9, 2018 $66.71 Sep 9, 2018 $66.71
Sep 16, 2018 $66.71 Sep 16, 2018 $66.71
Sep 23, 2018 $19.71 Sep 23, 2018 $19.71
Sep 30, 2018 $19.71 Sep 30, 2018 $19.71
Oct 7, 2018 $19.71 Oct 7, 2018 $19.71
Oct 14, 2018 $19.71 Oct 14, 2018 $19.71
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $19.71 Nov 4, 2018 $19.71
Nov 11, 2018 $19.71 Nov 11, 2018 $19.71
Nov 18, 2018 $19.71 Nov 27, 2018 $19.71
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $1.97 Jan 28, 2019 $1.97
Jan 27, 2019 $1.97 Jan 28, 2019 $1.97
Feb 3, 2019 $1.97 Feb 5, 2019 $1.97
Feb 10, 2019 $1.97 Feb 5, 2019 $1.97
Feb 17, 2019 $1.97 Feb 5, 2019 $1.97
Feb 24, 2019 $3.94 Feb 5, 2019 $3.94
Mar 3, 2019 $2.46 Feb 24, 2019 $2.46
Mar 10, 2019 $2.46 Mar 15, 2019 $2.46
Mar 17, 2019 $2.46 Mar 15, 2019 $2.46
Mar 24, 2019 $2.46 Mar 15, 2019 $2.46
Mar 31, 2019 $2.46 Mar 15, 2019 $2.46
Apr 7, 2019 $2.46 Apr 7, 2019 $2.46
Apr 14, 2019 $2.46 Apr 7, 2019 $2.46
Apr 21, 2019 $2.46 Apr 7, 2019 $2.46
Apr 28, 2019 $2.46 Apr 7, 2019 $2.46
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $19.71 May 21, 2019 $19.71
May 26, 2019 $2.46 Jun 17, 2019 $2.46
Jun 2, 2019 $2.46 Jun 17, 2019 $2.46
Jun 9, 2019 $2.46 Jul 10, 2019 $2.46
Jun 16, 2019 $2.46 Jul 10, 2019 $2.46
Jun 23, 2019 $2.46 Jul 10, 2019 $2.46
Jun 30, 2019 $2.46 Jul 10, 2019 $2.46
Jul 7, 2019 $0.00
Jul 14, 2019 $2.46 Jul 16, 2019 $2.46
Jul 21, 2019 $2.46 Jul 23, 2019 $2.46
Jul 28, 2019 $2.46 Jul 23, 2019 $2.46
Aug 4, 2019 $2.46 Jul 23, 2019 $2.46
Aug 11, 2019 $2.46 Aug 13, 2019 $2.46
Aug 18, 2019 $0.00
Aug 25, 2019 $1.97 Aug 29, 2019 $1.97
Sep 1, 2019 $1.97 Aug 29, 2019 $1.97
Sep 8, 2019 $1.97 Aug 29, 2019 $1.97
Sep 15, 2019 $1.97 Sep 17, 2019 $1.97
Sep 22, 2019 $1.97 Sep 25, 2019 $1.97
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $1.97 Oct 10, 2019 $1.97
Oct 20, 2019 $1.97 Oct 10, 2019 $1.97
Oct 27, 2019 $1.97 Oct 10, 2019 $1.97
Nov 3, 2019 $1.97 Oct 10, 2019 $1.97
Nov 10, 2019 $1.97 Oct 10, 2019 $1.97
Nov 17, 2019 $0.99 Nov 19, 2019 $0.99
Nov 24, 2019 $0.99 Nov 20, 2019 $0.99
Dec 1, 2019 $0.99 Nov 20, 2019 $0.99
Dec 8, 2019 $0.99 Nov 20, 2019 $0.99
Dec 15, 2019 $0.99 Nov 20, 2019 $0.99
Dec 22, 2019 $0.00
Dec 29, 2019 $1.48 Dec 29, 2019 $1.48
Jan 5, 2020 $1.48 Dec 29, 2019 $1.48
Jan 12, 2020 $1.48 Dec 29, 2019 $1.48
Jan 19, 2020 $1.48 Dec 29, 2019 $0.49
Jan 22, 2020 $0.99
Jan 26, 2020 $1.48 Jan 27, 2020 $1.48
Feb 2, 2020 $1.48 Jan 27, 2020 $1.48
Feb 9, 2020 $0.99 Feb 6, 2020 $0.99
Feb 16, 2020 $0.99 Feb 6, 2020 $0.99
Feb 23, 2020 $0.99 Feb 6, 2020 $0.99
Mar 1, 2020 $0.99 Feb 6, 2020 $0.99
Mar 8, 2020 $0.99 Feb 6, 2020 $0.99
Mar 15, 2020 $0.00
Mar 22, 2020 $0.00
Mar 29, 2020 $1.97 Mar 31, 2020 $1.97
Apr 5, 2020 $1.97 Mar 31, 2020 $1.97
Apr 12, 2020 $1.97 Mar 31, 2020 $1.97
Apr 19, 2020 $1.97 Mar 31, 2020 $1.97
Apr 26, 2020 $1.97 Mar 31, 2020 $1.97
May 3, 2020 $0.00
May 10, 2020 $0.00
May 17, 2020 $0.00
May 24, 2020 $0.00
May 31, 2020 $0.00
Jun 7, 2020 $0.00
Jun 14, 2020 $19.72 Jun 28, 2020 $19.72
Jun 21, 2020 $0.00
Jun 28, 2020 $0.00
Jul 5, 2020 $0.00
Jul 12, 2020 $0.00
Jul 19, 2020 $1.98 Aug 23, 2020 $1.98
Jul 26, 2020 $1.98 Aug 23, 2020 $1.98
Aug 2, 2020 $1.98 Aug 23, 2020 $1.98
Aug 9, 2020 $1.98 Aug 23, 2020 $1.98
Aug 16, 2020 $1.98 Aug 23, 2020 $1.98
Aug 23, 2020 $1.98 Aug 23, 2020 $1.98
Aug 30, 2020 $1.98 Sep 13, 2020 $1.98
Sep 6, 2020 $1.98 Sep 20, 2020 $1.98
Sep 13, 2020 $1.98 Sep 20, 2020 $1.98
Sep 20, 2020 $1.98 Sep 20, 2020 $1.98
Sep 27, 2020 $1.98 Sep 27, 2020 $1.98
Oct 4, 2020 $1.98 Oct 11, 2020 $1.98
Oct 11, 2020 $1.98 Oct 11, 2020 $1.98
Oct 18, 2020 $1.98 Oct 11, 2020 $1.98
Oct 25, 2020 $0.00
Nov 1, 2020 $0.00
Nov 8, 2020 $0.00
Nov 15, 2020 $0.00
Nov 22, 2020 $1.98 Nov 22, 2020 $1.98
Nov 29, 2020 $1.98 Nov 29, 2020 $1.98
Dec 6, 2020 $1.98 Dec 6, 2020 $1.98
Dec 13, 2020 $1.98 Dec 15, 2020 $1.98
Dec 20, 2020 $1.98 Dec 20, 2020 $1.98
Dec 27, 2020 $1.98 Jan 3, 2021 $1.98
Jan 3, 2021 $0.00
Jan 10, 2021 $9.85 Feb 7, 2021 $9.85
Jan 17, 2021 $0.00
Jan 24, 2021 $0.00
Jan 31, 2021 $0.00
Feb 7, 2021 $0.00
Feb 14, 2021 $0.00
Feb 21, 2021 $11.12 Feb 24, 2021 $11.12
Feb 28, 2021 $11.12 Feb 28, 2021 $11.12
Mar 7, 2021 $11.12 Mar 7, 2021 $11.12
Mar 14, 2021 $0.00
Mar 21, 2021 $0.00
Mar 28, 2021 $0.00
Apr 4, 2021 $11.12 May 2, 2021 $11.12
Apr 11, 2021 $11.12 May 26, 2021 $11.12
Apr 18, 2021 $11.12 May 26, 2021 $3.67
May 30, 2021 $7.45
Apr 25, 2021 $11.12 May 30, 2021 $3.67
Aug 15, 2021 $7.45
May 2, 2021 $11.12 Aug 15, 2021 $3.67
Aug 22, 2021 $7.45
May 9, 2021 $66.71 Aug 22, 2021 $3.67
Oct 7, 2021 $9.85
Nov 11, 2021 $11.12
Nov 23, 2021 $11.12
Jan 16, 2022 $11.12
Jan 23, 2022 $11.12
Jan 30, 2022 $8.73
May 16, 2021 $66.71 Jan 30, 2022 $2.38
Feb 6, 2022 $11.12
Mar 2, 2022 $11.12
Mar 20, 2022 $11.12
May 23, 2021 $11.12
May 30, 2021 $11.12
Jun 6, 2021 $11.12
Jun 13, 2021 $11.12
Jun 20, 2021 $11.12
Jun 27, 2021 $66.71
Jul 4, 2021 $66.71
Jul 11, 2021 $66.71
Jul 18, 2021 $66.71
Jul 25, 2021 $66.71
Aug 1, 2021 $66.71
Aug 8, 2021 $11.12
Aug 15, 2021 $11.12
Aug 22, 2021 $11.12
Aug 29, 2021 $11.12
Sep 5, 2021 $6.65

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