Business loan

Edward

Mombasa, Kenya

13% repaid

Entrepreneur

Name

Edward

Member since

January 2015

On-time repayments

106 installments  •  41%

About Me

My name is Edward Gitimu, born in 1980 in Muranga – central Kenya. I was born in rural area where there was no modern infrastructure like electricity and tap water. I am married with two children. We lived a very basic life with just the bare life essentials. I did my basic education and then proceeded to university for degree course in business education.

I got a job in Mombasa where I was employed as an accountant in a food processing company. I worked there for four years when I was retrenched. It became difficult to get another job and I used money from my terminal benefits to buy a three wheeler taxi (locally called tuk tuk).

My Business

I run a taxi business. My three wheeler taxi is used to ferry people within the vast town of Mombasa. I normally charge about $1 per trip if it does not exceed 3 kilometers and I make a net profit of about $10 per day which I use to support my family and also for the vehicle maintenance.

I work for long hours since the nature of this business demands it.

Loan Proposal

Due to new the requirement that members put some money in Zidisha's loan fund, almost all amount will go into the loan fund which will be refunded at some point. I am applying for this loan with a hope of getting bigger loan in the future which will help me grow my transport business.

Thank you for your continued support.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 3, 2016

Repayment status

Late

Projected term

12 months

Lenders

F

flaguy999

Tampa, United States

H

happyhappy

Switzerland

RV

Rob Van Dam

United States

wissam

Jeddah, Saudi Arabia

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Ania

Switzerland

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Summary

Amount repaid

$13.69

Amount remaining

$91.30

Expected completion

Jun 2, 2017

Status

Repaying late

Installment amount

$2.03

Repayment History

Expected Payments Actual Payments
Jun 10, 2016 $2.03 Jun 20, 2016 $2.03
Jun 17, 2016 $2.03 Jun 20, 2016 $1.01
Jun 30, 2016 $1.01
Jun 24, 2016 $2.03 Jun 30, 2016 $2.03
Jul 1, 2016 $2.03 Jul 5, 2016 $2.03
Jul 8, 2016 $2.03 Jul 5, 2016 $1.01
Aug 15, 2016 $1.01
Jul 15, 2016 $2.03 Aug 15, 2016 $2.03
Jul 22, 2016 $2.03 Aug 15, 2016 $1.52
Jul 29, 2016 $2.03
Aug 5, 2016 $2.03
Aug 12, 2016 $2.03
Aug 19, 2016 $2.03
Aug 26, 2016 $2.03
Sep 2, 2016 $2.03
Sep 9, 2016 $2.03
Sep 16, 2016 $2.03
Sep 23, 2016 $2.03
Sep 30, 2016 $2.03
Oct 7, 2016 $2.03
Oct 14, 2016 $2.03
Oct 21, 2016 $2.03
Oct 28, 2016 $2.03
Nov 4, 2016 $2.03
Nov 11, 2016 $2.03
Nov 18, 2016 $2.03
Nov 25, 2016 $2.03
Dec 2, 2016 $2.03
Dec 9, 2016 $2.03
Dec 16, 2016 $2.03
Dec 23, 2016 $2.03
Dec 30, 2016 $2.03
Jan 6, 2017 $2.03
Jan 13, 2017 $2.03
Jan 20, 2017 $2.03
Jan 27, 2017 $2.03
Feb 3, 2017 $2.03
Feb 10, 2017 $2.03
Feb 17, 2017 $2.03
Feb 24, 2017 $2.03
Mar 3, 2017 $2.03
Mar 10, 2017 $2.03
Mar 17, 2017 $2.03
Mar 24, 2017 $2.03
Mar 31, 2017 $2.03
Apr 7, 2017 $2.03
Apr 14, 2017 $2.03
Apr 21, 2017 $2.03
Apr 28, 2017 $2.03
May 5, 2017 $2.03
May 12, 2017 $2.03
May 19, 2017 $2.03
May 26, 2017 $2.03
Jun 2, 2017 $1.53

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