Buying a car wash machine

Richard

Itsowe, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

September 2017

On-time repayments

52 installments  •  100%

About Me

I was brought up in the family of 12.
Educated from primary school to secondary school later joined Bible School.
I over came the hard ship by engaging in small scale farming due to drought and high price of food commodities.
Our land is unique because of the settlers, mixed tribes.
I have chosen this business because it is easy to handle.
My children want to be Doctors, Engineers, Pilot, President.
My pass time, I am a pastor, church with a congregation of 30

My Business

I do car wash and motor bikes where by i have employed one laborer.
I pay my laborers Sh 6,000 monthly.
I pay myself Sh 25,000 monthly.
I pay water Sh 900 monthly.
Soap Sh 600 monthly.
House rent Sh 2,000.
Tax Sh 100 monthly.
I carter school fees for my children.
I save 4000

Loan Proposal

I will buy a brand new car wash machine to support the old one .The machine is worthy 240 Us dollars.This action will boost the morale of my existing customers and bring more new customers . i will be able to employ one more person to operate the machine. I have hope that with the two machines I will get a higher income of around ten dollars a day. which will make my missionary vocation self sufficient. I will be be in a better position to support my family members as well. I will save so that I can open a better business in future.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$157.00

Date disbursed

Feb 8, 2018

Repayment status

On Time

Projected term

11 months

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Summary

Amount repaid

$157.18

Amount remaining

$0.00

Date repaid

Oct 22, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 16, 2018 $9.85 Feb 16, 2018 $9.85
Feb 23, 2018 $9.85 Feb 23, 2018 $9.85
Mar 2, 2018 $2.96 Mar 2, 2018 $2.96
Mar 9, 2018 $2.96 Mar 10, 2018 $2.96
Mar 16, 2018 $2.96 Mar 10, 2018 $2.96
Mar 23, 2018 $2.96 Mar 10, 2018 $2.96
Mar 30, 2018 $2.96 Mar 10, 2018 $0.99
Mar 24, 2018 $1.97
Apr 6, 2018 $2.96 Mar 24, 2018 $2.96
Apr 13, 2018 $2.96 Mar 24, 2018 $2.96
Apr 20, 2018 $2.96 Mar 24, 2018 $1.97
Apr 20, 2018 $0.99
Apr 27, 2018 $2.96 Apr 20, 2018 $2.96
May 4, 2018 $2.96 Apr 20, 2018 $2.96
May 11, 2018 $2.96 Apr 20, 2018 $2.96
May 18, 2018 $2.96 Apr 27, 2018 $2.96
May 25, 2018 $2.96 Apr 27, 2018 $2.96
Jun 1, 2018 $2.96 Apr 27, 2018 $2.96
Jun 8, 2018 $2.96 Apr 27, 2018 $0.99
May 19, 2018 $1.97
Jun 15, 2018 $2.96 May 19, 2018 $2.96
Jun 22, 2018 $2.96 May 19, 2018 $2.96
Jun 29, 2018 $2.96 May 19, 2018 $1.97
May 25, 2018 $0.99
Jul 6, 2018 $2.96 May 25, 2018 $2.96
Jul 13, 2018 $2.96 May 25, 2018 $2.96
Jul 20, 2018 $2.96 May 25, 2018 $2.96
Jul 27, 2018 $2.96 Jun 1, 2018 $2.96
Aug 3, 2018 $2.96 Jun 1, 2018 $2.96
Aug 10, 2018 $2.96 Jun 1, 2018 $2.96
Aug 17, 2018 $2.96 Jun 1, 2018 $0.99
Jun 8, 2018 $1.97
Aug 24, 2018 $2.96 Jun 8, 2018 $2.96
Aug 31, 2018 $2.96 Jun 8, 2018 $2.96
Sep 7, 2018 $2.96 Jun 8, 2018 $1.97
Jun 17, 2018 $0.99
Sep 14, 2018 $2.96 Jun 17, 2018 $2.96
Sep 21, 2018 $2.96 Jun 17, 2018 $2.96
Sep 28, 2018 $2.96 Jun 17, 2018 $2.96
Oct 5, 2018 $2.96 Jun 22, 2018 $2.96
Oct 12, 2018 $2.96 Jun 22, 2018 $2.96
Oct 19, 2018 $2.96 Jun 22, 2018 $2.96
Oct 26, 2018 $2.96 Jun 22, 2018 $0.99
Jun 28, 2018 $1.97
Nov 2, 2018 $2.96 Jun 28, 2018 $2.96
Nov 9, 2018 $2.96 Jun 28, 2018 $2.96
Nov 16, 2018 $2.96 Jun 28, 2018 $1.97
Sep 4, 2018 $0.99
Nov 23, 2018 $2.96 Sep 4, 2018 $1.97
Sep 23, 2018 $0.99
Nov 30, 2018 $2.96 Sep 23, 2018 $2.96
Dec 7, 2018 $2.96 Sep 23, 2018 $2.96
Dec 14, 2018 $2.96 Sep 23, 2018 $2.96
Dec 21, 2018 $2.96 Sep 28, 2018 $2.96
Dec 28, 2018 $2.96 Sep 28, 2018 $2.96
Jan 4, 2019 $2.96 Sep 28, 2018 $2.96
Jan 11, 2019 $2.96 Sep 28, 2018 $0.99
Oct 22, 2018 $1.97
Jan 18, 2019 $1.48 Oct 22, 2018 $1.48

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