Entrepreneur
Name
Paul
Member since
January 2015
On-time repayments
197 installments • 39%
About Me
I went to a primary school in a remote village in West Pokot before joining secondary school in 1994. I later joined Moi University, Coast Campus before settling on doing business.
I have been in business for sometime, I started with a chicken sales, moved into poultry then started a car wash business. This is what has brought me this far, I used my third and fourth loans to start and stabilise the carwash business by purchasing a new machine.
I have also managed to buy new tires for my cab and service it regularly because it helps me in paying Zidisha loans.
I still look forward to getting a second car through a loan. With car hire, I have been able to make up to Sh3,000 on a good day in Mombasa.
I plan to use my next Zidisha loan to put up a spirits business in Malindi and open up another carwash business in Lunga Lunga, at the border ok Kenya and Tanzania.
I know this will earn me some better income to be able to consistently service my loans.
I believe if I complete this loan then I will be able to own a fleet of cabs as time goes by.
Once again, many thanks Zidisha team.
My Business
I am happy to have completed repaying my previous loans,this my sixth loan,successfully paid.I have already rehabilitated the building where I plan to set p the wines and spirits business. It is a very strategic place and I am quiet sure I will be able to repay the upcoming loan just like I did with the past ones.
I plan to invest Sh70,000 in the opening stock and later top up another Sh30,000 to give it a Sh100,000 worth opening stock.
I plan to use the balance from the loan to do a few legal requirements, especially the paperwork. Wines and Spirits business is quiet lucrative and I believe it will subsidise my income on the taxi fleets.
business.Once again,i believe it's doable and with Zidisha, financial discipline is the order.Thanks
Loan Proposal
I plan to open the new wines and spirits on 5th of March. I will do an initial/opening stock of Sh80,000 then later on top it up with some Sh30,000.
I have already spent like Sh90,000 to refurbish it and being strategically located, I believe this will increase my income. This new venture will be supported by the two cabs and the Simphy Wines and Spirits.
So far, I am targeting an upcoming market that has greater potential of growth.
I will study my business for six months as I see its prospects.
Thanks Zidisha team especially for your support.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$841.00
Date disbursed
Mar 6, 2017
Repayment status
Late
Projected term
24 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$560.61
Amount remaining
$280.21
Expected completion
Mar 24, 2019
Status
Repaying late
Installment amount
$4.92
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 19, 2017 | $39.34 | Mar 29, 2017 | $39.34 |
| Mar 26, 2017 | $39.34 | Mar 31, 2017 | $39.34 |
| Apr 2, 2017 | $39.34 | Apr 28, 2017 | $39.34 |
| Apr 9, 2017 | $39.34 | Apr 28, 2017 | $39.34 |
| Apr 16, 2017 | $39.34 | May 16, 2017 | $39.34 |
| Apr 23, 2017 | $39.34 | May 16, 2017 | $39.34 |
| Apr 30, 2017 | $39.34 | Jun 23, 2017 | $39.34 |
| May 7, 2017 | $39.34 | Jun 23, 2017 | $39.34 |
| May 14, 2017 | $39.34 | Jul 27, 2017 | $39.34 |
| May 21, 2017 | $39.34 | Jul 27, 2017 | $39.34 |
| May 28, 2017 | $39.34 | Jul 27, 2017 | $39.34 |
| Jun 4, 2017 | $39.34 | Jul 27, 2017 | $19.67 |
| Sep 29, 2017 | $19.67 | ||
| Jun 11, 2017 | $39.34 | Sep 29, 2017 | $39.34 |
| Jun 18, 2017 | $39.34 | Sep 29, 2017 | $39.34 |
| Jun 25, 2017 | $0.00 | ||
| Jul 2, 2017 | $0.00 | ||
| Jul 9, 2017 | $0.00 | ||
| Jul 16, 2017 | $0.00 | ||
| Jul 23, 2017 | $0.00 | ||
| Jul 30, 2017 | $0.00 | ||
| Aug 6, 2017 | $0.00 | ||
| Aug 13, 2017 | $0.00 | ||
| Aug 20, 2017 | $0.00 | ||
| Aug 27, 2017 | $0.00 | ||
| Sep 3, 2017 | $0.00 | ||
| Sep 10, 2017 | $0.00 | ||
| Sep 17, 2017 | $0.00 | ||
| Sep 24, 2017 | $0.00 | ||
| Oct 1, 2017 | $0.00 | ||
| Oct 8, 2017 | $0.00 | ||
| Oct 15, 2017 | $0.00 | ||
| Oct 22, 2017 | $0.00 | ||
| Oct 29, 2017 | $0.00 | ||
| Nov 5, 2017 | $0.00 | ||
| Nov 12, 2017 | $0.00 | ||
| Nov 19, 2017 | $0.00 | ||
| Nov 26, 2017 | $0.00 | ||
| Dec 3, 2017 | $0.00 | ||
| Dec 10, 2017 | $0.00 | ||
| Dec 17, 2017 | $0.00 | ||
| Dec 24, 2017 | $0.00 | ||
| Dec 31, 2017 | $0.00 | ||
| Jan 7, 2018 | $0.00 | ||
| Jan 14, 2018 | $0.00 | ||
| Jan 21, 2018 | $0.00 | ||
| Jan 28, 2018 | $0.00 | ||
| Feb 4, 2018 | $0.00 | ||
| Feb 11, 2018 | $4.92 | Feb 27, 2018 | $4.92 |
| Feb 18, 2018 | $4.92 | Feb 27, 2018 | $4.92 |
| Feb 25, 2018 | $4.92 | ||
| Mar 4, 2018 | $4.92 | ||
| Mar 11, 2018 | $4.92 | ||
| Mar 18, 2018 | $4.92 | ||
| Mar 25, 2018 | $4.92 | ||
| Apr 1, 2018 | $4.92 | ||
| Apr 8, 2018 | $4.92 | ||
| Apr 15, 2018 | $4.92 | ||
| Apr 22, 2018 | $4.92 | ||
| Apr 29, 2018 | $4.92 | ||
| May 6, 2018 | $4.92 | ||
| May 13, 2018 | $4.92 | ||
| May 20, 2018 | $4.92 | ||
| May 27, 2018 | $4.92 | ||
| Jun 3, 2018 | $4.92 | ||
| Jun 10, 2018 | $4.92 | ||
| Jun 17, 2018 | $4.92 | ||
| Jun 24, 2018 | $4.92 | ||
| Jul 1, 2018 | $4.92 | ||
| Jul 8, 2018 | $4.92 | ||
| Jul 15, 2018 | $4.92 | ||
| Jul 22, 2018 | $4.92 | ||
| Jul 29, 2018 | $4.92 | ||
| Aug 5, 2018 | $4.92 | ||
| Aug 12, 2018 | $4.92 | ||
| Aug 19, 2018 | $4.92 | ||
| Aug 26, 2018 | $4.92 | ||
| Sep 2, 2018 | $4.92 | ||
| Sep 9, 2018 | $4.92 | ||
| Sep 16, 2018 | $4.92 | ||
| Sep 23, 2018 | $4.92 | ||
| Sep 30, 2018 | $4.92 | ||
| Oct 7, 2018 | $4.92 | ||
| Oct 14, 2018 | $4.92 | ||
| Oct 21, 2018 | $4.92 | ||
| Oct 28, 2018 | $4.92 | ||
| Nov 4, 2018 | $4.92 | ||
| Nov 11, 2018 | $4.92 | ||
| Nov 18, 2018 | $4.92 | ||
| Nov 25, 2018 | $4.92 | ||
| Dec 2, 2018 | $4.92 | ||
| Dec 9, 2018 | $4.92 | ||
| Dec 16, 2018 | $4.92 | ||
| Dec 23, 2018 | $4.92 | ||
| Dec 30, 2018 | $4.92 | ||
| Jan 6, 2019 | $4.92 | ||
| Jan 13, 2019 | $4.92 | ||
| Jan 20, 2019 | $4.92 | ||
| Jan 27, 2019 | $4.92 | ||
| Feb 3, 2019 | $4.92 | ||
| Feb 10, 2019 | $4.92 | ||
| Feb 17, 2019 | $4.92 | ||
| Feb 24, 2019 | $4.92 | ||
| Mar 3, 2019 | $4.92 | ||
| Mar 10, 2019 | $4.92 | ||
| Mar 17, 2019 | $4.92 | ||
| Mar 24, 2019 | $4.82 | ||
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