Entrepreneur
Name
Simon
Member since
January 2016
On-time repayments
191 installments • 39%
About Me
I attended Mumbuni Primary School and Mumbuni Secondary School for my
primary and secondary education. I overcame hardship when my father
got a job and he was able to support us financially and buy food for us.
When I came to Nairobi I took a driving test at AA Driving School.
I later worked in two companies before I joined the transport department.
I now repair tyres for puncture. In my country our land and our culture are unique and I can do farming.
When my children grow up they want to work in offices. My hobby is reading
and singing.
My Business
I own a vehicle for transport. I will use the money borrowed to buy a repair equipment. I transport passengers from one destination to another. The service is in demand because many people do not have vehicles. I choose this kind of business because I get finances every day.
The typical cost and revenue involved is for fuel and maintenance of the vehicle.
I use the profit to pay school fees for my children. In future I want to reinvest by
buying another transport vehicle.
Loan Proposal
I repair puncture for tyres and I want to buy an equipment which will assist me in
removing the rims. The equipment will cost US$95.00. It will benefit me a lot
because I will remove rims easily and the customers will appreciate my service.
I expect a profit of 50%.
Feedback
Positive
1
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 30, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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Summary
Amount repaid
$105.27
Amount remaining
$0.00
Date repaid
Jun 19, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 6, 2016 | $5.00 | Feb 6, 2016 | $5.00 |
| Feb 13, 2016 | $5.00 | Feb 13, 2016 | $5.00 |
| Feb 20, 2016 | $5.00 | Feb 20, 2016 | $5.00 |
| Feb 27, 2016 | $5.00 | Feb 27, 2016 | $5.00 |
| Mar 5, 2016 | $5.00 | Mar 5, 2016 | $5.00 |
| Mar 12, 2016 | $5.00 | Mar 12, 2016 | $5.00 |
| Mar 19, 2016 | $5.00 | Mar 19, 2016 | $5.00 |
| Mar 26, 2016 | $5.00 | Mar 26, 2016 | $5.00 |
| Apr 2, 2016 | $5.00 | Apr 2, 2016 | $5.00 |
| Apr 9, 2016 | $5.00 | Apr 9, 2016 | $5.00 |
| Apr 16, 2016 | $5.00 | Apr 16, 2016 | $5.00 |
| Apr 23, 2016 | $5.00 | Apr 23, 2016 | $5.00 |
| Apr 30, 2016 | $5.00 | Apr 30, 2016 | $5.00 |
| May 7, 2016 | $5.00 | May 7, 2016 | $5.00 |
| May 14, 2016 | $5.00 | May 14, 2016 | $5.00 |
| May 21, 2016 | $5.00 | May 21, 2016 | $5.00 |
| May 28, 2016 | $5.00 | May 28, 2016 | $5.00 |
| Jun 4, 2016 | $5.00 | Jun 5, 2016 | $5.00 |
| Jun 11, 2016 | $5.00 | Jun 12, 2016 | $5.00 |
| Jun 18, 2016 | $5.00 | Jun 19, 2016 | $5.00 |
| Jun 25, 2016 | $5.00 | Jun 19, 2016 | $5.00 |
| Jul 2, 2016 | $0.27 | Jun 19, 2016 | $0.27 |
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