Buying a motorbike
Paul
Utawala,embakasi Division, Nairobi, Kenya
100% repaid
Entrepreneur
Name
Paul
Member since
May 2013
On-time repayments
203 installments • 75%
About Me
My names is Paul Kamau Mbugua and I was born in the year 1972 in kiambu district and brought up in a christian family. I am married with three children, One of the children has finish his o level exam and is waiting to join the university/ collage when I get enough funds to send him back to school, the rest of my children are in primary school. I work very had to make sure they get good education and life. I have worked in many field to help achieve my family needs,I finished my O level in the year 1994 after that I was employed in a Bakery as a baker of bread for about five year before moving to another bakery as a sales executive. I was the employed as pharmaceutical dispenser in a international company called Norbrok Kenya Limited.
My Business
After working for Norbrok Kenya Limited for about four years, I decided to start my own business of selling meat in Kawangware Stallite in Dogoreti Nairobi before moving to Utawala for the same business of selling meat. The business of selling meat is more profitable in Utawala as must Kenya must eat meat at list once a day and this makes me make a good profit every day,In day a sell about 100kg of meat making a gross profit of Kenya shillings Ksh5,000 per day that is Ksh 150000 per month and after paying a for my monthly expenses the rest I use to pay for my children school gross profit.The main challenge for this job is lack of cooling system to preserve meat which is very perishable and lack of enough capital to purchase high quality meat which sells faster.
Loan Proposal
Due to expansion of my Butchery and food cafe business am planning to buy a motor bike to help me in transporting meat from the slaughter house to my business premisses, and also deliver my customers orders. The cost of a good bike will be USD 1,100. The motor bike will save me a lot of money for transport and increase service delivery for my customer
Feedback
Positive
8
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,116.00
Date disbursed
Dec 4, 2018
Repayment status
On Time
Projected term
6 months
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Summary
Amount repaid
$1,116.02
Amount remaining
$0.00
Date repaid
Jun 3, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 16, 2018 | $43.36 | Dec 10, 2018 | $43.36 |
| Dec 23, 2018 | $43.36 | Dec 10, 2018 | $5.91 |
| Dec 16, 2018 | $37.45 | ||
| Dec 30, 2018 | $43.36 | Dec 16, 2018 | $11.83 |
| Dec 25, 2018 | $31.53 | ||
| Jan 6, 2019 | $43.36 | Dec 25, 2018 | $11.83 |
| Jan 1, 2019 | $31.53 | ||
| Jan 13, 2019 | $43.36 | Jan 1, 2019 | $17.74 |
| Jan 13, 2019 | $25.62 | ||
| Jan 20, 2019 | $43.36 | Jan 13, 2019 | $23.65 |
| Jan 21, 2019 | $19.71 | ||
| Jan 27, 2019 | $43.36 | Jan 21, 2019 | $29.56 |
| Feb 3, 2019 | $13.80 | ||
| Feb 3, 2019 | $43.36 | Feb 3, 2019 | $43.36 |
| Feb 10, 2019 | $43.36 | Feb 3, 2019 | $1.97 |
| Feb 10, 2019 | $41.39 | ||
| Feb 17, 2019 | $43.36 | Feb 10, 2019 | $7.88 |
| Feb 17, 2019 | $35.48 | ||
| Feb 24, 2019 | $43.36 | Feb 17, 2019 | $3.94 |
| Feb 24, 2019 | $39.42 | ||
| Mar 3, 2019 | $43.36 | Mar 2, 2019 | $43.36 |
| Mar 10, 2019 | $43.36 | Mar 2, 2019 | $5.91 |
| Mar 10, 2019 | $37.45 | ||
| Mar 17, 2019 | $43.36 | Mar 10, 2019 | $1.97 |
| Mar 16, 2019 | $41.39 | ||
| Mar 24, 2019 | $43.36 | Mar 16, 2019 | $7.88 |
| Mar 23, 2019 | $35.48 | ||
| Mar 31, 2019 | $43.36 | Mar 23, 2019 | $13.80 |
| Mar 30, 2019 | $29.56 | ||
| Apr 7, 2019 | $43.36 | Mar 30, 2019 | $19.71 |
| Apr 6, 2019 | $23.65 | ||
| Apr 14, 2019 | $43.36 | Apr 6, 2019 | $20.69 |
| Apr 14, 2019 | $22.66 | ||
| Apr 21, 2019 | $43.36 | Apr 14, 2019 | $26.61 |
| Apr 23, 2019 | $16.75 | ||
| Apr 28, 2019 | $43.36 | Apr 23, 2019 | $32.52 |
| Apr 30, 2019 | $10.84 | ||
| May 5, 2019 | $43.36 | Apr 30, 2019 | $38.43 |
| May 9, 2019 | $4.93 | ||
| May 12, 2019 | $43.36 | May 9, 2019 | $43.36 |
| May 19, 2019 | $43.36 | May 9, 2019 | $0.99 |
| May 19, 2019 | $42.37 | ||
| May 26, 2019 | $43.36 | May 19, 2019 | $16.75 |
| May 28, 2019 | $26.61 | ||
| Jun 2, 2019 | $43.36 | May 28, 2019 | $22.66 |
| Jun 3, 2019 | $20.69 | ||
| Jun 9, 2019 | $32.06 | Jun 3, 2019 | $32.06 |
Yojun Kaneko Jun 3, 2019
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