Buying more stock for my shop

John Muriu

Gilgil Township Nakuru County, Kenya

100% repaid

Entrepreneur

Name

John Muriu

Member since

February 2013

On-time repayments

378 installments  •  74%

About Me

My names are John Muriu Njuguna, a Kenyan citizen identification number 22535873. I was born on 10th February 1980 at Kandutura village Rongai Township in Nakuru County. I am married with one wife and blessed with three children. I went to Thirandu primary school and later Mama Ngina Kenyatta Secondary school, both in Rongai Township. I did not go beyond secondary school.
Later in life I moved to Gilgil Township with my family where I am currently settled. I am running a Boda boda business. Boda boda is a corrupted word for border and was a very lucrative business at the Uganda-Kenya border in the past. It involved bicycle transport. With time, the trend has steadily spread to other areas of the country and has evolved to include motor cycle transport.
Mine is a motor cycle and it is my livelihood. It has been sustaining me for five years now and I love it with all my heart.

My Business

I own one motor cycle; a kingbird. On average I make Ksh 1,000 per day which translates to Ksh 30,000 per month. The fuel is approximately Ksh 300 per day translating to about Ksh 9,000 per month. Maintenance is about Ksh 2,000. The maintenance is low due to the fact that Gilgil and its environs are covered in tarmac and therefore the roads well maintained. This poses little or no damage to the motorcycle. Occasionally, I buy new tyres and tubes at an average cost of Ksh 5,000. I replace the tyres and tubes after every six months. Therefore, I am left with an average income of Ksh 15,000 per month.
My motor cycle, a King Bird is a powerful machine that is able to cover long distances within a short time. It can also carry a lot of luggage. Therefore, customers prefer it to the other makes

Loan Proposal

Hello once again I say thank you for your continuing support towards my projects .when I get the funds I will use it to buy a variety of items ie gamboots, saddles ,thermos ,jikos ,mattresses and utensils .The badget will exhaust the loan any extra amount I will add to facilitate the whole stock .The stocks mentioned above will be bought in dozens ,the shop will be good hence more sales and income.thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,160.00

Date disbursed

Jun 28, 2018

Repayment status

On Time

Projected term

8 months

Lenders

Cloudways

Malta, Malta

Christopher

Copenhagen, Denmark

fairspirit

Utrecht, Netherlands

Hedwich

Gorssel, Netherlands

I

isaac

United Kingdom

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

John Barnett

United States

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Summary

Amount repaid

$1,160.87

Amount remaining

$0.00

Date repaid

Feb 8, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 7, 2018 $33.50 Jul 5, 2018 $33.50
Jul 14, 2018 $33.50 Jul 5, 2018 $5.91
Jul 15, 2018 $27.59
Jul 21, 2018 $33.50 Jul 15, 2018 $11.83
Jul 21, 2018 $21.68
Jul 28, 2018 $33.50 Jul 21, 2018 $17.74
Jul 28, 2018 $15.77
Aug 4, 2018 $33.50 Jul 28, 2018 $23.65
Aug 7, 2018 $9.85
Aug 11, 2018 $33.50 Aug 7, 2018 $4.93
Aug 13, 2018 $28.58
Aug 18, 2018 $33.50 Aug 13, 2018 $0.99
Aug 20, 2018 $32.03
Aug 23, 2018 $0.49
Aug 25, 2018 $33.50 Aug 23, 2018 $33.50
Sep 1, 2018 $33.50 Aug 23, 2018 $15.27
Sep 9, 2018 $18.23
Sep 8, 2018 $33.50 Sep 9, 2018 $6.41
Sep 15, 2018 $27.10
Sep 15, 2018 $33.50 Sep 15, 2018 $6.41
Sep 21, 2018 $27.10
Sep 22, 2018 $33.50 Sep 21, 2018 $2.46
Sep 25, 2018 $31.04
Sep 29, 2018 $33.50 Sep 25, 2018 $28.08
Oct 6, 2018 $5.42
Oct 6, 2018 $33.50 Oct 6, 2018 $24.14
Oct 14, 2018 $9.36
Oct 13, 2018 $33.50 Oct 14, 2018 $24.14
Oct 15, 2018 $9.36
Oct 20, 2018 $33.50 Oct 15, 2018 $0.49
Oct 27, 2018 $33.01
Oct 27, 2018 $33.50 Oct 27, 2018 $0.49
Nov 15, 2018 $33.01
Nov 3, 2018 $33.50 Nov 15, 2018 $16.26
Nov 18, 2018 $17.24
Nov 10, 2018 $33.50 Nov 18, 2018 $16.26
Nov 23, 2018 $17.24
Nov 17, 2018 $33.50 Nov 23, 2018 $33.50
Nov 24, 2018 $33.50 Nov 23, 2018 $8.38
Dec 5, 2018 $25.13
Dec 1, 2018 $33.50 Dec 5, 2018 $24.14
Dec 12, 2018 $9.36
Dec 8, 2018 $33.50 Dec 12, 2018 $20.20
Dec 20, 2018 $13.30
Dec 15, 2018 $33.50 Dec 20, 2018 $15.27
Dec 24, 2018 $18.23
Dec 22, 2018 $33.50 Dec 24, 2018 $33.50
Dec 29, 2018 $33.50 Jan 22, 2019 $33.50
Jan 5, 2019 $33.50 Jan 22, 2019 $33.50
Jan 12, 2019 $33.50 Jan 22, 2019 $6.90
Feb 4, 2019 $26.61
Jan 19, 2019 $33.50 Feb 4, 2019 $33.50
Jan 26, 2019 $33.50 Feb 4, 2019 $33.50
Feb 2, 2019 $33.50 Feb 4, 2019 $14.78
Feb 4, 2019 $18.72
Feb 9, 2019 $33.50 Feb 4, 2019 $0.99
Feb 8, 2019 $32.52
Feb 16, 2019 $33.50 Feb 8, 2019 $33.50
Feb 23, 2019 $33.50 Feb 8, 2019 $33.50
Mar 2, 2019 $21.72 Feb 8, 2019 $21.72

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