Buying insurance, a helmet and 2 tires for my bike
John
Kimende. Bathi Village, Kenya
22% repaid
Entrepreneur
Name
John
Member since
September 2014
On-time repayments
156 installments • 3%
About Me
Kamiri is a 25 year old man born an raised in Kimende. He is a born again Christian attending Redeemed Gospel Church Bathi branch. I am a form four leaver and currently a motorbike rider in Kimende township. I started the business 8 months ago as a source of livelihood for me and my family due lack of employment and because I was not able to proceed to college level. On a good day I make Ksh 1000 and there are some days I make 300 especially when it is raining. I like singing and I am a choir member at my church. I can play a guitar as well.
My Business
I a motorbike operator making an average of $ 250 per month. Most of my earnings go into my savings account because I want to venture in green house farming hopefully by next year. The rest goes into maintenance of my motorbike and some towards my personal expenditures such as food and clothing. The need for motorbike services is essential since they are cheap and readily available. Although the money is not much, you can be guaranteed to make something as long as your motorbike is in good condition. It is with this confidence and optimism that I am applying for a Zidisha account since I will be in position to repay my loan when my account is approved.
Loan Proposal
Dear Lenders,
The reason for seeking this loan is to buy a comprehensive insurance for my bike, an extra helmet and two tires. This will help me and my business in a number of ways.
1. It will help me ferry customers far off from Kimende without the fear of being harassed by policemen for lack of insurance.
2. The helmet will ensure my customers safety, thus they will be more comfortable seeking my services.
3. The tires will ensure that my bike can cut across the roughest of local terrain without the fear of a puncture.
Currently, I am not in a position to ferry customers outside of Kimende town due to lack of Insurance. Sometimes I'm forced to refer customers to my fellow riders since taking a risk of ferrying customers to far off destinations without insurance can have very serious consequences if you're flagged down by a policeman. Usually such customers pay more and I end up losing money. However with an insurance cover, I can ferry customers to the nearby towns comfortably and this means an increase in income. When I have more money, I can invest in other ventures like commercial farming. As we get into the festive season, the number of customers seeking the services I offer will increase and I stand to make more money when I have an insurance for my bike. With the current income, I will be able to service the loan comfortably.
Yours, John Kamiri Mbogo.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 18, 2014
Repayment status
Late
Projected term
36 months
Lenders
Summary
Amount repaid
$44.76
Amount remaining
$158.25
Expected completion
Sep 16, 2017
Status
Repaying late
Installment amount
$1.15
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 27, 2014 | $11.05 | Sep 25, 2014 | $5.75 |
| Oct 2, 2014 | $5.30 | ||
| Oct 4, 2014 | $11.05 | Oct 2, 2014 | $0.45 |
| Oct 7, 2014 | $10.60 | ||
| Oct 11, 2014 | $11.05 | Oct 7, 2014 | $0.32 |
| Oct 21, 2014 | $10.72 | ||
| Oct 18, 2014 | $6.16 | Oct 21, 2014 | $0.43 |
| Nov 11, 2014 | $5.74 | ||
| Oct 25, 2014 | $0.00 | ||
| Nov 1, 2014 | $0.00 | ||
| Nov 8, 2014 | $0.00 | ||
| Nov 15, 2014 | $0.00 | ||
| Nov 22, 2014 | $0.00 | ||
| Nov 29, 2014 | $0.00 | ||
| Dec 6, 2014 | $0.00 | ||
| Dec 13, 2014 | $0.00 | ||
| Dec 20, 2014 | $0.00 | ||
| Dec 27, 2014 | $0.00 | ||
| Jan 3, 2015 | $0.00 | ||
| Jan 10, 2015 | $0.00 | ||
| Jan 17, 2015 | $1.15 | Nov 11, 2014 | $0.01 |
| Mar 4, 2015 | $1.14 | ||
| Jan 24, 2015 | $1.15 | Mar 4, 2015 | $1.15 |
| Jan 31, 2015 | $1.15 | Mar 4, 2015 | $1.15 |
| Feb 7, 2015 | $1.15 | Mar 4, 2015 | $1.15 |
| Feb 14, 2015 | $1.15 | Mar 4, 2015 | $0.87 |
| Feb 21, 2015 | $1.15 | ||
| Feb 28, 2015 | $1.15 | ||
| Mar 7, 2015 | $1.15 | ||
| Mar 14, 2015 | $1.15 | ||
| Mar 21, 2015 | $1.15 | ||
| Mar 28, 2015 | $1.15 | ||
| Apr 4, 2015 | $1.15 | ||
| Apr 11, 2015 | $1.15 | ||
| Apr 18, 2015 | $1.15 | ||
| Apr 25, 2015 | $1.15 | ||
| May 2, 2015 | $1.15 | ||
| May 9, 2015 | $1.15 | ||
| May 16, 2015 | $1.15 | ||
| May 23, 2015 | $1.15 | ||
| May 30, 2015 | $1.15 | ||
| Jun 6, 2015 | $1.15 | ||
| Jun 13, 2015 | $1.15 | ||
| Jun 20, 2015 | $1.15 | ||
| Jun 27, 2015 | $1.15 | ||
| Jul 4, 2015 | $1.15 | ||
| Jul 11, 2015 | $1.15 | ||
| Jul 18, 2015 | $1.15 | ||
| Jul 25, 2015 | $1.15 | ||
| Aug 1, 2015 | $1.15 | ||
| Aug 8, 2015 | $1.15 | ||
| Aug 15, 2015 | $1.15 | ||
| Aug 22, 2015 | $1.15 | ||
| Aug 29, 2015 | $1.15 | ||
| Sep 5, 2015 | $1.15 | ||
| Sep 12, 2015 | $1.15 | ||
| Sep 19, 2015 | $1.15 | ||
| Sep 26, 2015 | $1.15 | ||
| Oct 3, 2015 | $1.15 | ||
| Oct 10, 2015 | $1.15 | ||
| Oct 17, 2015 | $1.15 | ||
| Oct 24, 2015 | $1.15 | ||
| Oct 31, 2015 | $1.15 | ||
| Nov 7, 2015 | $1.15 | ||
| Nov 14, 2015 | $1.15 | ||
| Nov 21, 2015 | $1.15 | ||
| Nov 28, 2015 | $1.15 | ||
| Dec 5, 2015 | $1.15 | ||
| Dec 12, 2015 | $1.15 | ||
| Dec 19, 2015 | $1.15 | ||
| Dec 26, 2015 | $1.15 | ||
| Jan 2, 2016 | $1.15 | ||
| Jan 9, 2016 | $1.15 | ||
| Jan 16, 2016 | $1.15 | ||
| Jan 23, 2016 | $1.15 | ||
| Jan 30, 2016 | $1.15 | ||
| Feb 6, 2016 | $1.15 | ||
| Feb 13, 2016 | $1.15 | ||
| Feb 20, 2016 | $1.15 | ||
| Feb 27, 2016 | $1.15 | ||
| Mar 5, 2016 | $1.15 | ||
| Mar 12, 2016 | $1.15 | ||
| Mar 19, 2016 | $1.15 | ||
| Mar 26, 2016 | $1.15 | ||
| Apr 2, 2016 | $1.15 | ||
| Apr 9, 2016 | $1.15 | ||
| Apr 16, 2016 | $1.15 | ||
| Apr 23, 2016 | $1.15 | ||
| Apr 30, 2016 | $1.15 | ||
| May 7, 2016 | $1.15 | ||
| May 14, 2016 | $1.15 | ||
| May 21, 2016 | $1.15 | ||
| May 28, 2016 | $1.15 | ||
| Jun 4, 2016 | $1.15 | ||
| Jun 11, 2016 | $1.15 | ||
| Jun 18, 2016 | $1.15 | ||
| Jun 25, 2016 | $1.15 | ||
| Jul 2, 2016 | $1.15 | ||
| Jul 9, 2016 | $1.15 | ||
| Jul 16, 2016 | $1.15 | ||
| Jul 23, 2016 | $1.15 | ||
| Jul 30, 2016 | $1.15 | ||
| Aug 6, 2016 | $1.15 | ||
| Aug 13, 2016 | $1.15 | ||
| Aug 20, 2016 | $1.15 | ||
| Aug 27, 2016 | $1.15 | ||
| Sep 3, 2016 | $1.15 | ||
| Sep 10, 2016 | $1.15 | ||
| Sep 17, 2016 | $1.15 | ||
| Sep 24, 2016 | $1.15 | ||
| Oct 1, 2016 | $1.15 | ||
| Oct 8, 2016 | $1.15 | ||
| Oct 15, 2016 | $1.15 | ||
| Oct 22, 2016 | $1.15 | ||
| Oct 29, 2016 | $1.15 | ||
| Nov 5, 2016 | $1.15 | ||
| Nov 12, 2016 | $1.15 | ||
| Nov 19, 2016 | $1.15 | ||
| Nov 26, 2016 | $1.15 | ||
| Dec 3, 2016 | $1.15 | ||
| Dec 10, 2016 | $1.15 | ||
| Dec 17, 2016 | $1.15 | ||
| Dec 24, 2016 | $1.15 | ||
| Dec 31, 2016 | $1.15 | ||
| Jan 7, 2017 | $1.15 | ||
| Jan 14, 2017 | $1.15 | ||
| Jan 21, 2017 | $1.15 | ||
| Jan 28, 2017 | $1.15 | ||
| Feb 4, 2017 | $1.15 | ||
| Feb 11, 2017 | $1.15 | ||
| Feb 18, 2017 | $1.15 | ||
| Feb 25, 2017 | $1.15 | ||
| Mar 4, 2017 | $1.15 | ||
| Mar 11, 2017 | $1.15 | ||
| Mar 18, 2017 | $1.15 | ||
| Mar 25, 2017 | $1.15 | ||
| Apr 1, 2017 | $1.15 | ||
| Apr 8, 2017 | $1.15 | ||
| Apr 15, 2017 | $1.15 | ||
| Apr 22, 2017 | $1.15 | ||
| Apr 29, 2017 | $1.15 | ||
| May 6, 2017 | $1.15 | ||
| May 13, 2017 | $1.15 | ||
| May 20, 2017 | $1.15 | ||
| May 27, 2017 | $1.15 | ||
| Jun 3, 2017 | $1.15 | ||
| Jun 10, 2017 | $1.15 | ||
| Jun 17, 2017 | $1.15 | ||
| Jun 24, 2017 | $1.15 | ||
| Jul 1, 2017 | $1.15 | ||
| Jul 8, 2017 | $1.15 | ||
| Jul 15, 2017 | $1.15 | ||
| Jul 22, 2017 | $1.15 | ||
| Jul 29, 2017 | $1.15 | ||
| Aug 5, 2017 | $1.15 | ||
| Aug 12, 2017 | $1.15 | ||
| Aug 19, 2017 | $1.15 | ||
| Aug 26, 2017 | $1.15 | ||
| Sep 2, 2017 | $1.15 | ||
| Sep 9, 2017 | $1.15 | ||
| Sep 16, 2017 | $3.94 | ||
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