Inventory of light bulbs and cables for hardware shop
John
Heshima Estate, Kenya
85% repaid
Entrepreneur
Name
John
Member since
November 2013
On-time repayments
84 installments • 85%
About Me
My name is John chege.I am married with two children . I am currently working and residing in Nakuru county, Bahati north district Heshima estate next to Gerald Catholic Church.
I completed my o levels in the year 2000 but could not proceed to college due to financial constraints.
I am now a business man engaged in hard ware business.
I started this business three years ago due to the ever increasing demand for building materials.
In this locality there are many upcoming buildings which provide a good customer base for my wares.
My Business
The hardware business involves buying and selling of various wares used in building and construction which include cement, iron –sheets nails , locks among many other things.
With the lsecond loan that I am I am seeking from ZIDISHA , I intend to expand my business to include a section for electrical fittings which I am currently stocking in small quantities due to low capital.
Most hardware items are bulky and hence most customers prefer to buy from the locality due to low transport cost. Further they are able to buy in small quantities
With the current stock, I make daily sales of about USD 250 with a daily gross profit of about USD 17 translating to about USD 510 per month. My main expenses are rent, electricity and transport , a total of USD 150 monthly, there by realizing a net profit of about USD 360 monthly . With this profit, I will comfortably be able to repay the loan.
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Loan Proposal
with the loan from zidisha,i will buy the following items:50 pcs ordinary bulbs @15 USD , 50 pcs 4ft florescent tubes @40 USD, 1 roll 1.5mm electrical cable@35USD,20pcs energy saver electrical bulbs@20 USD.
since these are fast moving items i expect to make a profit of 30 USD monthly when i sell at retail prices.This will greatly lift my business and also bring services closer to my my local community
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$128.00
Date disbursed
Feb 9, 2015
Repayment status
Late
Projected term
17 months
Other loans
Lenders
North Carolina, United States
Logan, United States
Germany
United States
Summary
Amount repaid
$126.62
Amount remaining
$22.19
Expected completion
Jul 24, 2016
Status
Repaying late
Installment amount
$1.98
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2015 | $1.98 | Feb 22, 2015 | $1.98 |
| Mar 1, 2015 | $1.98 | Feb 22, 2015 | $0.24 |
| Mar 1, 2015 | $1.73 | ||
| Mar 8, 2015 | $1.98 | Mar 1, 2015 | $0.49 |
| Mar 8, 2015 | $1.49 | ||
| Mar 15, 2015 | $1.98 | Mar 8, 2015 | $0.73 |
| Mar 15, 2015 | $1.24 | ||
| Mar 22, 2015 | $1.98 | Mar 15, 2015 | $0.98 |
| Mar 22, 2015 | $1.00 | ||
| Mar 29, 2015 | $1.98 | Mar 29, 2015 | $1.98 |
| Apr 5, 2015 | $1.98 | Mar 29, 2015 | $0.24 |
| Apr 6, 2015 | $1.73 | ||
| Apr 12, 2015 | $1.98 | Apr 6, 2015 | $0.49 |
| Apr 12, 2015 | $1.49 | ||
| Apr 19, 2015 | $1.98 | Apr 12, 2015 | $0.73 |
| Apr 19, 2015 | $1.24 | ||
| Apr 26, 2015 | $1.98 | Apr 19, 2015 | $0.98 |
| Apr 26, 2015 | $1.00 | ||
| May 3, 2015 | $1.98 | Apr 26, 2015 | $1.22 |
| May 3, 2015 | $0.76 | ||
| May 10, 2015 | $1.98 | May 3, 2015 | $0.36 |
| May 10, 2015 | $1.62 | ||
| May 17, 2015 | $1.98 | May 10, 2015 | $0.60 |
| May 17, 2015 | $1.38 | ||
| May 24, 2015 | $1.98 | May 17, 2015 | $0.84 |
| May 24, 2015 | $1.13 | ||
| May 31, 2015 | $1.98 | May 24, 2015 | $0.53 |
| Jun 3, 2015 | $1.44 | ||
| Jun 7, 2015 | $1.98 | Jun 3, 2015 | $0.78 |
| Jun 7, 2015 | $1.20 | ||
| Jun 14, 2015 | $1.98 | Jun 7, 2015 | $1.02 |
| Jun 14, 2015 | $0.96 | ||
| Jun 21, 2015 | $1.98 | Jun 14, 2015 | $0.16 |
| Jun 21, 2015 | $1.82 | ||
| Jun 28, 2015 | $1.98 | Jun 21, 2015 | $0.40 |
| Jun 28, 2015 | $1.58 | ||
| Jul 5, 2015 | $1.98 | Jun 28, 2015 | $0.64 |
| Jul 6, 2015 | $1.33 | ||
| Jul 12, 2015 | $1.98 | Jul 6, 2015 | $1.33 |
| Jul 12, 2015 | $0.64 | ||
| Jul 19, 2015 | $1.98 | Jul 19, 2015 | $1.98 |
| Jul 26, 2015 | $1.98 | Jul 19, 2015 | $0.24 |
| Jul 27, 2015 | $1.73 | ||
| Aug 2, 2015 | $1.98 | Jul 27, 2015 | $0.04 |
| Aug 2, 2015 | $1.93 | ||
| Aug 9, 2015 | $1.98 | Aug 10, 2015 | $1.98 |
| Aug 16, 2015 | $1.98 | Aug 16, 2015 | $1.98 |
| Aug 23, 2015 | $1.98 | Aug 23, 2015 | $1.98 |
| Aug 30, 2015 | $1.98 | Aug 31, 2015 | $1.98 |
| Sep 6, 2015 | $1.98 | Sep 6, 2015 | $1.98 |
| Sep 13, 2015 | $1.98 | Sep 14, 2015 | $1.98 |
| Sep 20, 2015 | $1.98 | Sep 20, 2015 | $1.98 |
| Sep 27, 2015 | $1.98 | Sep 27, 2015 | $1.98 |
| Oct 4, 2015 | $1.98 | Oct 4, 2015 | $1.98 |
| Oct 11, 2015 | $1.98 | Oct 11, 2015 | $1.98 |
| Oct 18, 2015 | $1.98 | Oct 19, 2015 | $1.98 |
| Oct 25, 2015 | $1.98 | Oct 26, 2015 | $1.98 |
| Nov 1, 2015 | $1.98 | Nov 1, 2015 | $1.98 |
| Nov 8, 2015 | $1.98 | Nov 8, 2015 | $1.98 |
| Nov 15, 2015 | $1.98 | Nov 16, 2015 | $1.98 |
| Nov 22, 2015 | $1.98 | Nov 23, 2015 | $1.98 |
| Nov 29, 2015 | $1.98 | Nov 29, 2015 | $1.98 |
| Dec 6, 2015 | $1.98 | Dec 10, 2015 | $1.98 |
| Dec 13, 2015 | $1.98 | Dec 13, 2015 | $1.98 |
| Dec 20, 2015 | $1.98 | Dec 21, 2015 | $1.98 |
| Dec 27, 2015 | $1.98 | Dec 28, 2015 | $1.98 |
| Jan 3, 2016 | $1.98 | Jan 5, 2016 | $1.98 |
| Jan 10, 2016 | $1.98 | Jan 10, 2016 | $1.98 |
| Jan 17, 2016 | $1.98 | Jan 17, 2016 | $1.98 |
| Jan 24, 2016 | $1.98 | Jan 24, 2016 | $1.98 |
| Jan 31, 2016 | $1.98 | Feb 5, 2016 | $1.98 |
| Feb 7, 2016 | $1.98 | Feb 7, 2016 | $1.98 |
| Feb 14, 2016 | $1.98 | Feb 14, 2016 | $1.98 |
| Feb 21, 2016 | $1.98 | Feb 22, 2016 | $1.98 |
| Feb 28, 2016 | $1.98 | Mar 9, 2016 | $1.98 |
| Mar 6, 2016 | $1.98 | Mar 17, 2016 | $1.98 |
| Mar 13, 2016 | $1.98 | Mar 20, 2016 | $1.98 |
| Mar 20, 2016 | $1.98 | Mar 27, 2016 | $1.98 |
| Mar 27, 2016 | $1.98 | Apr 17, 2016 | $1.98 |
| Apr 3, 2016 | $1.98 | Apr 17, 2016 | $1.58 |
| Apr 25, 2016 | $0.40 | ||
| Apr 10, 2016 | $1.98 | Apr 25, 2016 | $1.82 |
| Apr 26, 2016 | $0.16 | ||
| Apr 17, 2016 | $1.98 | Apr 26, 2016 | $1.98 |
| Apr 24, 2016 | $1.98 | Apr 26, 2016 | $1.98 |
| May 1, 2016 | $1.98 | May 8, 2016 | $1.98 |
| May 8, 2016 | $1.98 | May 8, 2016 | $1.98 |
| May 15, 2016 | $1.98 | May 8, 2016 | $0.04 |
| May 22, 2016 | $1.98 | ||
| May 29, 2016 | $1.98 | ||
| Jun 5, 2016 | $1.98 | ||
| Jun 12, 2016 | $1.98 | ||
| Jun 19, 2016 | $1.98 | ||
| Jun 26, 2016 | $1.98 | ||
| Jul 3, 2016 | $1.98 | ||
| Jul 10, 2016 | $1.98 | ||
| Jul 17, 2016 | $1.98 | ||
| Jul 24, 2016 | $2.46 | ||
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