Entrepreneur
Name
James
Member since
January 2015
On-time repayments
324 installments • 45%
About Me
Thank You for your interest in my profile. My name is James Mugwe, a 29 year old Kenyan. Right from my childhood days, my parents molded me as an honest, hardworking and determined kid, and I have kept these attributes to date. About my education, I successfully attained Secondary education, and did not make it to college although I had passed well. My parents could not make to take me to college and educate my siblings at the same time, but I am still thankful for their effort this far. Due to this reason, I have a special priority and passion for education. Whenever I get a chance, I mentor young people in primary and secondary school to take education seriously. I have a younger sister who is 8 years old and she depends on me entirely for education fees. She is very bright in class, and she motivates me to work even harder to make sure that all her education is financed without making her suffer. I have a very special interest for entertainment, and I own a gaming shop. The business has been impacted heavily by the support from the Zidisha Team. Although I come from a humble family, I can now feed my family and support my little sister’s education. Besides, I also like charity work, and I help, mentor and inspire the less fortunate whenever I get a chance. For example, we have formed welfare called “Friends of Friends” with the neighboring business people. We visit orphans and the aged during weekends. Zidisha the best financial partner I have experienced in my entire life. Any assistance from dear lenders is welcome.
My Business
My business is located at Meru Town, Tom Mboya street, at a corridor in Stanstead building. At this premise I own a gaming shop where kids come and play playing station games. At this shop, I have two playing stations (PS2) and two 24” screens. I have also created nice sofas for my customers so that they get comfortable when playing games. I charge $ 0.22 per game. Most of my customers are school kids, therefore the peak-time is past 4pm, after they have left school. The challenge I am experiencing at the moment is that the time that these kids have before they go home is very limited, and most of them do not play the number of games they would want to. Due to this reason I am seeking assistance once more from Zidisha team to assist me raise some money to set up another station soon. On a good day, I make between $ 5.56 to $ 8.88. I also own one desktop and a monitor. In future I will use the desktop during the day before most kids are out of school. The desktop in my business will burn movies for selling to local customers. The expenses in my business include paying house rent, electricity charges and replacing gaming pads as well as Maintenance such as painting or furniture works. I have a dream of creating a Mega gaming arcade in Meru town. The reason I joined Zidisha is because I found a chance for young people to secure loans for their business, as well as mentorship and inspiration.
Loan Proposal
Good afternoon,This loan am planning to open a new movie shop in a remote area i have located where people have to travel to come to meru town to buy their movies for entertainment and the place is well populated,the funds i want to buy a second hand laptop then i load it with movies and a music system.
Income Source
Good Afternoon,First let me take this chance to thank you for the support you are giving young people who are growing up.
The reason i feel i will manage to pay this amount its because here in Kenya there is this curfew of nine p.m and yet the schools have been closed till next year January hence the primary,secondary and colleges students all are at home hence most of them are buying movies and music for the entertainment to keep themselves busy,And even the grown ups still are really buying the movies.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$502.00
Date disbursed
Jul 22, 2020
Repayment status
Late
Projected term
15 months
Other loans
Lenders
United States
Japan
United States
Germany
Singapore
Switzerland
Estonia
United States
United States
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Summary
Amount repaid
$62.59
Amount remaining
$439.97
Expected completion
Oct 24, 2021
Status
Repaying late
Installment amount
$9.67
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 2, 2020 | $19.71 | Aug 3, 2020 | $19.71 |
| Aug 9, 2020 | $14.79 | Aug 17, 2020 | $14.79 |
| Aug 16, 2020 | $0.00 | ||
| Aug 23, 2020 | $9.85 | Aug 24, 2020 | $9.85 |
| Aug 30, 2020 | $0.00 | ||
| Sep 6, 2020 | $0.00 | ||
| Sep 13, 2020 | $2.96 | Sep 19, 2020 | $2.96 |
| Sep 20, 2020 | $0.00 | ||
| Sep 27, 2020 | $2.47 | Sep 28, 2020 | $2.47 |
| Oct 4, 2020 | $0.49 | Sep 28, 2020 | $0.49 |
| Oct 11, 2020 | $0.00 | ||
| Oct 18, 2020 | $0.00 | ||
| Oct 25, 2020 | $0.00 | ||
| Nov 1, 2020 | $1.97 | Nov 17, 2020 | $0.99 |
| Nov 23, 2020 | $0.99 | ||
| Nov 8, 2020 | $0.00 | ||
| Nov 15, 2020 | $0.00 | ||
| Nov 22, 2020 | $0.00 | ||
| Nov 29, 2020 | $1.98 | Nov 30, 2020 | $1.97 |
| Dec 21, 2020 | $0.01 | ||
| Dec 6, 2020 | $1.96 | Dec 21, 2020 | $0.98 |
| Dec 22, 2020 | $0.99 | ||
| Dec 13, 2020 | $0.00 | ||
| Dec 20, 2020 | $0.00 | ||
| Dec 27, 2020 | $0.00 | ||
| Jan 3, 2021 | $0.99 | Apr 10, 2021 | $0.99 |
| Jan 10, 2021 | $0.00 | ||
| Jan 17, 2021 | $0.00 | ||
| Jan 24, 2021 | $0.00 | ||
| Jan 31, 2021 | $0.00 | ||
| Feb 7, 2021 | $0.00 | ||
| Feb 14, 2021 | $0.00 | ||
| Feb 21, 2021 | $0.00 | ||
| Feb 28, 2021 | $0.00 | ||
| Mar 7, 2021 | $0.00 | ||
| Mar 14, 2021 | $0.00 | ||
| Mar 21, 2021 | $0.00 | ||
| Mar 28, 2021 | $0.00 | ||
| Apr 4, 2021 | $0.00 | ||
| Apr 11, 2021 | $9.67 | Apr 20, 2021 | $0.99 |
| Apr 24, 2021 | $0.99 | ||
| May 7, 2021 | $0.99 | ||
| Jun 26, 2021 | $0.99 | ||
| Jul 16, 2021 | $0.49 | ||
| Aug 2, 2021 | $0.99 | ||
| Apr 18, 2021 | $9.67 | ||
| Apr 25, 2021 | $9.67 | ||
| May 2, 2021 | $9.67 | ||
| May 9, 2021 | $9.67 | ||
| May 16, 2021 | $9.67 | ||
| May 23, 2021 | $9.67 | ||
| May 30, 2021 | $38.92 | ||
| Jun 6, 2021 | $38.92 | ||
| Jun 13, 2021 | $11.12 | ||
| Jun 20, 2021 | $11.12 | ||
| Jun 27, 2021 | $11.12 | ||
| Jul 4, 2021 | $11.12 | ||
| Jul 11, 2021 | $11.12 | ||
| Jul 18, 2021 | $11.12 | ||
| Jul 25, 2021 | $11.12 | ||
| Aug 1, 2021 | $11.12 | ||
| Aug 8, 2021 | $38.92 | ||
| Aug 15, 2021 | $11.12 | ||
| Aug 22, 2021 | $11.12 | ||
| Aug 29, 2021 | $11.12 | ||
| Sep 5, 2021 | $11.12 | ||
| Sep 12, 2021 | $11.12 | ||
| Sep 19, 2021 | $38.92 | ||
| Sep 26, 2021 | $38.92 | ||
| Oct 3, 2021 | $11.12 | ||
| Oct 10, 2021 | $11.12 | ||
| Oct 17, 2021 | $11.12 | ||
| Oct 24, 2021 | $5.25 | ||
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