Name
Stephen
Member since
February 2015
On-time repayments
326 installments • 77%
My name is Stephen Kimani, but my friends call me Steve. I was born in Kiambu County in the central highlands of Kenya twenty three years ago. I was born in a farming community where most people are involved in food farming as well as livestock keeping. My parents are such farmers and I spent my childhood years in our farm helping them in their farming activities.
I went for primary school and later joined secondary school for my basic education. I did a course in electronics maintenance later and I am a qualified technician in mobile phone repair. However, I did not pursue that career because the I found the work too demanding and with very low income.
It is then that I decided to relocate to Mombasa town to live with a relative who had a business of selling motor vehicle spare parts. I worked for him for two years as a shop attendant and then decided to start my own business of selling second hand books. This is what I am still doing to date.
I deal with selling of second hand school books. I normally get the old books from parents whose children graduate to the next classes. This is a common practice in Kenya where old books are passed on to those who are in lower classes instead of buying new books which are more expensive.
I also sell new books when I run out old books stocks but this is very rare. The business is quite profitable since my profit margin is about 40%. The main challenge of this business is that it is seasonal and it normally peaks when a new school term begins usually in the months of January, May and September.
My business gives me a net income of about $200 per month. I spend this money to buy more stock and for my upkeep.
I run my business from a roadside structure but my dream is to have a secure store where the books will be safe from thieves and the elements.
My business is doing well. With ever growing demand for education, I have enjoyed a continuous flow of customers throughout the year. My bookstore is now bigger and my clients have increased tremendously.
I intend to use the whole amount from this loan to get more copies of fast moving titles. This will increase my sales and profitability significantly.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$363.00
Date disbursed
May 13, 2016
Repayment status
On Time
Projected term
17 months
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Amount repaid
$381.15
Amount remaining
$0.00
Date repaid
Apr 8, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 24, 2016 | $5.04 | Jun 2, 2016 | $5.04 |
May 31, 2016 | $5.04 | Jun 2, 2016 | $5.04 |
Jun 7, 2016 | $5.04 | Jun 2, 2016 | $5.04 |
Jun 14, 2016 | $5.04 | Jun 2, 2016 | $5.04 |
Jun 21, 2016 | $5.04 | Jun 10, 2016 | $5.04 |
Jun 28, 2016 | $5.04 | Jun 10, 2016 | $5.04 |
Jul 5, 2016 | $5.04 | Jun 19, 2016 | $5.04 |
Jul 12, 2016 | $5.04 | Jun 19, 2016 | $5.04 |
Jul 19, 2016 | $5.04 | Jun 25, 2016 | $5.04 |
Jul 26, 2016 | $5.04 | Jun 25, 2016 | $5.04 |
Aug 2, 2016 | $5.04 | Jul 2, 2016 | $5.04 |
Aug 9, 2016 | $5.04 | Jul 2, 2016 | $5.04 |
Aug 16, 2016 | $5.04 | Jul 11, 2016 | $1.01 |
Jul 12, 2016 | $4.03 | ||
Aug 23, 2016 | $5.04 | Jul 12, 2016 | $5.04 |
Aug 30, 2016 | $5.04 | Jul 17, 2016 | $5.04 |
Sep 6, 2016 | $5.04 | Jul 17, 2016 | $5.04 |
Sep 13, 2016 | $5.04 | Jul 24, 2016 | $5.04 |
Sep 20, 2016 | $5.04 | Jul 24, 2016 | $5.04 |
Sep 27, 2016 | $5.04 | Aug 2, 2016 | $5.04 |
Oct 4, 2016 | $5.04 | Aug 2, 2016 | $5.04 |
Oct 11, 2016 | $5.04 | Aug 9, 2016 | $5.04 |
Oct 18, 2016 | $5.04 | Aug 9, 2016 | $5.04 |
Oct 25, 2016 | $5.04 | Aug 20, 2016 | $5.04 |
Nov 1, 2016 | $5.04 | Aug 20, 2016 | $5.04 |
Nov 8, 2016 | $5.04 | Aug 26, 2016 | $5.04 |
Nov 15, 2016 | $5.04 | Aug 26, 2016 | $5.04 |
Nov 22, 2016 | $5.04 | Aug 26, 2016 | $5.04 |
Nov 29, 2016 | $5.04 | Aug 26, 2016 | $5.04 |
Dec 6, 2016 | $5.04 | Sep 12, 2016 | $5.04 |
Dec 13, 2016 | $5.04 | Sep 12, 2016 | $5.04 |
Dec 20, 2016 | $5.04 | Sep 12, 2016 | $5.04 |
Dec 27, 2016 | $5.04 | Sep 12, 2016 | $5.04 |
Jan 3, 2017 | $5.04 | Sep 27, 2016 | $5.04 |
Jan 10, 2017 | $5.04 | Sep 27, 2016 | $5.04 |
Jan 17, 2017 | $5.04 | Sep 29, 2016 | $5.04 |
Jan 24, 2017 | $5.04 | Sep 29, 2016 | $5.04 |
Jan 31, 2017 | $5.04 | Sep 29, 2016 | $5.04 |
Feb 7, 2017 | $5.04 | Sep 29, 2016 | $5.04 |
Feb 14, 2017 | $5.04 | Oct 11, 2016 | $5.04 |
Feb 21, 2017 | $5.04 | Oct 11, 2016 | $5.04 |
Feb 28, 2017 | $5.04 | Oct 11, 2016 | $5.04 |
Mar 7, 2017 | $5.04 | Oct 11, 2016 | $5.04 |
Mar 14, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Mar 21, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Mar 28, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Apr 4, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Apr 11, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Apr 18, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
Apr 25, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
May 2, 2017 | $5.04 | Jan 2, 2017 | $5.04 |
May 9, 2017 | $5.04 | Mar 14, 2017 | $5.04 |
May 16, 2017 | $5.04 | Mar 14, 2017 | $5.04 |
May 23, 2017 | $5.04 | Mar 14, 2017 | $5.04 |
May 30, 2017 | $5.04 | Mar 14, 2017 | $5.04 |
Jun 6, 2017 | $5.04 | Mar 14, 2017 | $4.03 |
Apr 8, 2017 | $1.01 | ||
Jun 13, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jun 20, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jun 27, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jul 4, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jul 11, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jul 18, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Jul 25, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Aug 1, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Aug 8, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Aug 15, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Aug 22, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Aug 29, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Sep 5, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Sep 12, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Sep 19, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Sep 26, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Oct 3, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Oct 10, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Oct 17, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Oct 24, 2017 | $5.04 | Apr 8, 2017 | $5.04 |
Oct 31, 2017 | $2.92 | Apr 8, 2017 | $2.92 |
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