Name
Simon
Member since
August 2012
On-time repayments
19 installments • 11%
I live in Kiptangwanyi shopping center which is about 45Km from Nakuru shopping center. Nakuru town is the nearest Major town neighboring Kiptangwanyi shopping center. I am married with two kids who are all in school. I live live in my own piece of land which is plot number 132 at Kiptangwanyi shopping center where I operate my business. I am a driver owning a matatu. I offer the services of transportation. I transport people and goods from and to Nakuru town.
My business entails the services of transportation. I transport people and goods from and to Nakuru town. I transport using my own vehicle which is a matatu. I use it to offer these service to people between Kiptangwanyi shopping center and Nakurur twon as well as other small trading centers between this route. The business is very profitable especially during holidays and the festive season. The main challenges that the business encounter is frequent fluctuation of fuel prices that affects the transport industry negatively.
Dear Lenders,
Thank you for this second loan. I would like to use this loan to purchase a new engine for my vehicle. The one am using has been of great help but its now old and keeps on breaking every now and then. The first loan has been of great help and I thank God because of Zidisha I am achieving my business targets. The new engine will improve my vehicles efficiency and hope to make more returns with the vehicle. I thank you all lenders and Zidisha organization.
Positive
11
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,353.00
Date disbursed
Dec 25, 2012
Repayment status
Late
Projected term
18 months
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