Capital for tissue paper distribution business

Brian

Mombasa, Kenya

54% repaid

Entrepreneur

Name

Brian

Member since

January 2016

On-time repayments

145 installments  •  53%

About Me

my name is Brian maseki and a Kenyan citizen.I am the third born in a family of four.I was born in kitui county where I went through my primary school education.later I went to Maseno school in kisumu for my secondary school education and later joined Technical University Of Mombasa where I took a Diploma course in Electrical Power Engineering.
Am not yet permanently employed because I tend to love business and technical hustles more than office jobs
I started a small scale business in 2012 ,while still in university, whereby I sold memory cards and flashdisks at the institution. never had a shop but I dropped my contacts on every notice board around the institution premises.whenever someone needed any of my goods he/she would contact me.this helped me a lot to cope with life and enabled me to afford all the necessities by myself. have been doing this since then.But now I double it with my electrical skills.
I would like my children to grow up knowing and having business skills that would make them succeed in life.
I love electronics and I spend most of my passtime trying to repair house appliances.

My Business

I sell memory cards and flashdisks just in small scale,because I do it as part time.
always keeping a stock of at least 30memory cards and 20 flashdisks all the time.each memory card can earn me a profit of 150 KES-250 KES
And a flash disk 200KES-300KES
I do electrical installations and air conditioning as my profession.I have a diploma in electrical power engineering.
so my source of income mainly comes from the services I deliver in electrical installations.
I save the profits as I intend to start an electrical and electronic shop.and also use it for home improvements
After PLC Course I got employed in tissue manufacturing company as a machine operater,which has greatly added to my income.

Loan Proposal

I will use the money to buy tissue papers at x-factory price(I.e ksh.540 per bale)and sell it at ksh.620, that translates to ksh.80 per bale, in a good day when the business picks one can sell up to 600 bales a day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$344.00

Date disbursed

Sep 28, 2016

Repayment status

Late

Projected term

27 months

Other loans

Lenders

ErikN

Stockholm, Sweden

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Matching Fund

Sterling, United States

Matt B

Stratford Upon Avon, United Kingdom

A

Allie

Australia

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$186.54

Amount remaining

$157.06

Expected completion

Nov 25, 2018

Status

Repaying late

Installment amount

$3.02

Repayment History

Expected Payments Actual Payments
Oct 9, 2016 $10.08 Oct 10, 2016 $10.08
Oct 16, 2016 $3.02 Oct 16, 2016 $3.02
Oct 23, 2016 $3.02 Oct 25, 2016 $3.02
Oct 30, 2016 $3.02 Nov 1, 2016 $3.02
Nov 6, 2016 $3.02 Nov 12, 2016 $3.02
Nov 13, 2016 $3.02 Nov 21, 2016 $3.02
Nov 20, 2016 $3.02 Nov 21, 2016 $3.02
Nov 27, 2016 $3.02 Nov 30, 2016 $3.02
Dec 4, 2016 $3.02 Dec 3, 2016 $3.02
Dec 11, 2016 $3.02 Dec 18, 2016 $3.02
Dec 18, 2016 $3.02 Dec 18, 2016 $3.02
Dec 25, 2016 $3.02 Dec 27, 2016 $3.02
Jan 1, 2017 $3.02 Jan 8, 2017 $3.02
Jan 8, 2017 $3.02 Jan 8, 2017 $3.02
Jan 15, 2017 $3.02 Jan 8, 2017 $3.02
Jan 22, 2017 $3.02 Feb 3, 2017 $3.02
Jan 29, 2017 $3.02 Feb 3, 2017 $3.02
Feb 5, 2017 $3.02 Feb 14, 2017 $3.02
Feb 12, 2017 $3.02 Feb 14, 2017 $3.02
Feb 19, 2017 $3.02 Feb 14, 2017 $3.02
Feb 26, 2017 $3.02 Feb 17, 2017 $3.02
Mar 5, 2017 $3.02 Feb 17, 2017 $3.02
Mar 12, 2017 $3.02 Feb 17, 2017 $3.02
Mar 19, 2017 $3.02 Mar 2, 2017 $3.02
Mar 26, 2017 $3.02 Mar 2, 2017 $3.02
Apr 2, 2017 $3.02 Apr 3, 2017 $3.02
Apr 9, 2017 $3.02 Apr 3, 2017 $3.02
Apr 16, 2017 $3.02 Apr 3, 2017 $3.02
Apr 23, 2017 $3.02 May 20, 2017 $3.02
Apr 30, 2017 $3.02 May 20, 2017 $3.02
May 7, 2017 $3.02 May 20, 2017 $3.02
May 14, 2017 $3.02 Jun 5, 2017 $3.02
May 21, 2017 $3.02 Jun 5, 2017 $3.02
May 28, 2017 $3.02 Jun 5, 2017 $3.02
Jun 4, 2017 $3.02 Jun 5, 2017 $1.01
Jun 8, 2017 $2.02
Jun 11, 2017 $3.02 Jun 8, 2017 $3.02
Jun 18, 2017 $3.02 Jul 16, 2017 $3.02
Jun 25, 2017 $3.02 Jul 16, 2017 $3.02
Jul 2, 2017 $3.02 Jul 22, 2017 $3.02
Jul 9, 2017 $3.02 Jul 22, 2017 $3.02
Jul 16, 2017 $3.02 Jul 22, 2017 $3.02
Jul 23, 2017 $3.02 Jul 22, 2017 $3.02
Jul 30, 2017 $3.02 Jul 22, 2017 $1.01
Aug 14, 2017 $2.02
Aug 6, 2017 $3.02 Aug 14, 2017 $1.01
Aug 16, 2017 $2.02
Aug 13, 2017 $3.02 Aug 16, 2017 $3.02
Aug 20, 2017 $3.02 Aug 16, 2017 $1.01
Aug 16, 2017 $2.02
Aug 27, 2017 $3.02 Aug 16, 2017 $1.01
Aug 29, 2017 $2.02
Sep 3, 2017 $3.02 Aug 29, 2017 $3.02
Sep 10, 2017 $3.02 Aug 29, 2017 $1.01
Sep 2, 2017 $2.02
Sep 17, 2017 $3.02 Sep 2, 2017 $3.02
Sep 24, 2017 $3.02 Oct 8, 2017 $3.02
Oct 1, 2017 $3.02 Oct 8, 2017 $3.02
Oct 8, 2017 $3.02 Oct 9, 2017 $3.02
Oct 15, 2017 $3.02 Oct 9, 2017 $3.02
Oct 22, 2017 $3.02 Dec 20, 2017 $3.02
Oct 29, 2017 $3.02 Dec 20, 2017 $3.02
Nov 5, 2017 $3.02 Dec 20, 2017 $3.02
Nov 12, 2017 $3.02 Dec 20, 2017 $1.01
Feb 14, 2018 $2.02
Nov 19, 2017 $3.02 Feb 14, 2018 $3.02
Nov 26, 2017 $3.02 Feb 14, 2018 $1.01
Dec 3, 2017 $3.02
Dec 10, 2017 $3.02
Dec 17, 2017 $3.02
Dec 24, 2017 $3.02
Dec 31, 2017 $3.02
Jan 7, 2018 $3.02
Jan 14, 2018 $3.02
Jan 21, 2018 $3.02
Jan 28, 2018 $3.02
Feb 4, 2018 $3.02
Feb 11, 2018 $3.02
Feb 18, 2018 $3.02
Feb 25, 2018 $3.02
Mar 4, 2018 $3.02
Mar 11, 2018 $3.02
Mar 18, 2018 $3.02
Mar 25, 2018 $3.02
Apr 1, 2018 $3.02
Apr 8, 2018 $3.02
Apr 15, 2018 $3.02
Apr 22, 2018 $3.02
Apr 29, 2018 $3.02
May 6, 2018 $3.02
May 13, 2018 $3.02
May 20, 2018 $3.02
May 27, 2018 $3.02
Jun 3, 2018 $3.02
Jun 10, 2018 $3.02
Jun 17, 2018 $3.02
Jun 24, 2018 $3.02
Jul 1, 2018 $3.02
Jul 8, 2018 $3.02
Jul 15, 2018 $3.02
Jul 22, 2018 $3.02
Jul 29, 2018 $3.02
Aug 5, 2018 $3.02
Aug 12, 2018 $3.02
Aug 19, 2018 $3.02
Aug 26, 2018 $3.02
Sep 2, 2018 $3.02
Sep 9, 2018 $3.02
Sep 16, 2018 $3.02
Sep 23, 2018 $3.02
Sep 30, 2018 $3.02
Oct 7, 2018 $3.02
Oct 14, 2018 $3.02
Oct 21, 2018 $3.02
Oct 28, 2018 $3.02
Nov 4, 2018 $3.02
Nov 11, 2018 $3.02
Nov 18, 2018 $3.02
Nov 25, 2018 $0.78

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