Name
Ali
Member since
March 2013
On-time repayments
183 installments • 69%
My name is Ali Abdala Masha a resident of mtwapa and a businessman here in mtwapa as well. Am married and blessed with two children. I live with my family here at a rented house. I was not lucky enough to atend to a secondary school, i droped out of primary school when i was in class seven and this is because of the poor status in my family. I have been struggling to make sure that my children dont fall in the same situation.I decided to start a charcoal and firewood business which has been doing very well. With what i get from my business i buy food, pay rent, and other family needs.
My business is processing of charcoal and selling of firewood. This business is good and profitable because these products are of high demand here since many of the people living here are middle class earners who cant affoed the high prices of kerosene and cooking gas. I do this business here in mtwapa and the nearby villages and i have many customers. My customers are mainly the traders and also the locals here who come to me and buy these goods.Its a paying business and in a month i get an income of ksh 20,000. the risks i face in this business are like, change of weather, for example when it rains heavily i cant process the charcoal because this requires too much sunlight. so it becomes a problem in rainy weather. With the income i get i use ksh 4,000 in buying food for my family, ksh 2,000 in paying my house rent, ksh 6,000 in paying school fees my children. So i save ksh 8,000 per month. With this saving i can use to repay my loan and also save for other purposes like now i think of starting a green grocer with will add more income for my family needs .
Hello, am so happy that i have again been allowed to post another loan application, This is very good news for especially at this time while business is now good. First i would like to thank the entire zidisha community and all my lenders for the act of faith and trusting me with their money ti\o help me in my business. May God bless you all. With this loan i will add more stock to my business so as satisfy my customers especially at this time when the demand is high. With this loan i will have added more value to my business. Thank you so much and God bless you all
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$296.00
Date disbursed
Dec 21, 2013
Repayment status
On Time
Projected term
13 months
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Amount repaid
$325.58
Amount remaining
$0.00
Date repaid
Feb 14, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 14, 2014 | $29.22 | Feb 14, 2014 | $29.22 |
Mar 15, 2014 | $29.22 | Mar 15, 2014 | $29.22 |
Apr 15, 2014 | $29.22 | Apr 15, 2014 | $29.22 |
May 15, 2014 | $29.22 | May 23, 2014 | $29.22 |
Jun 15, 2014 | $29.22 | Jun 15, 2014 | $29.22 |
Jul 15, 2014 | $0.01 | Jul 26, 2014 | $0.01 |
Aug 15, 2014 | $29.22 | Jul 26, 2014 | $29.22 |
Sep 15, 2014 | $29.22 | Sep 15, 2014 | $29.21 |
Oct 15, 2014 | $0.01 | ||
Oct 15, 2014 | $29.22 | Oct 15, 2014 | $29.20 |
Nov 15, 2014 | $0.02 | ||
Nov 14, 2014 | $29.22 | Nov 15, 2014 | $25.39 |
Dec 22, 2014 | $3.84 | ||
Dec 14, 2014 | $29.22 | Dec 22, 2014 | $25.38 |
Jan 30, 2015 | $3.85 | ||
Jan 14, 2015 | $29.22 | Jan 30, 2015 | $29.22 |
Feb 14, 2015 | $4.11 | Jan 30, 2015 | $0.69 |
Feb 14, 2015 | $3.40 |
Will Oct 12, 2017
Ali Mar 23, 2018
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