Help me buy my own land for my car wash business

Simon

Kisii Town, Kenya

91% repaid

Entrepreneur

Name

Simon

Member since

July 2014

On-time repayments

95 installments  •  49%

About Me

am a graduate with diploma in business administration.i decided to start a car wash business in order to earn a living.i come from a poor background where my parents are peasant, a struggled through out my school life using community loans to study but all the same made it to complete my studies.i could like to thank you for your assistance that you gave me last loan and every support you gave me. i have managed to move on well ; may God bless you all

My Business

As i told you earlier on my started business back in 2013 when i finished college and realized there's less job avenues in Kenya. i borrowed my mother a soft loan of 5000 kenya shillings which invested in poultry keeping. after 8 months, i sold the hens and I was able to raise ksh 21000 plus my savings in the bank I was able to buy the car wash machine at a cost of kshs 40 000. i used the machine to do the business, whereby i diversified into farming to enable me get more profit.After your assistance i was able to buy abig car wash machine that has made me benefit from it a lot.once more i could like to say thank you.i have now employed three more youth who are enjoying the business and am paying them daily at 340 Kenyan shillings each.At my rural home i started a small kiosk that my mother is too doing well despite the stock is not that enough.I am interested to look for my persona land to settle my business of car washing because am paying 15500 kenyan shillings which is alot money to my business.At home home to i could like to have more stock because at times i lack more important things to my customers,i have already met with the owner of land and it costs kshs 310 000 and plus the stock i want to add is of kshs 45750 with my kshs120 000 savings I can be able to move on well with my business with no problem and now qualify for more grants. my business so far earns me a net proft of kshs 3000 per day . i use a larger junk of the money to pay school fees for my advanced diploma course at kisii university.. please help me raise the remaining kshs150 000 so that i can advance my business.
thanks a lot.

Loan Proposal

i will use the amount to pay for the land that am going to purchase.i have been paying a lot of money to the owner which has affected me alot in my business.so it could be better to have my own than depending on others.atleast having my own could be affordable than owning others .the rest of the amount i will use it to add enough stock to my kiosk that have already started at my rural home.i could like to see my mum who is using the kiosk to have more stock to is customers.it could be possible to have all the necessary goods needed by the customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$295.00

Date disbursed

Oct 14, 2014

Repayment status

Late

Projected term

20 months

Other loans

Lenders

S

SammyGeorge

Belfast, United Kingdom

T

thebonseung

Republic of Korea

D

dcravenus

United States

S

shappysfunland

United States

DF

Dennis Furr

United Kingdom

Jansa

Oulu, Finland

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Summary

Amount repaid

$319.75

Amount remaining

$33.42

Expected completion

Jun 19, 2016

Status

Repaying late

Installment amount

$4.06

Repayment History

Expected Payments Actual Payments
Oct 26, 2014 $4.06 Nov 2, 2014 $4.06
Nov 2, 2014 $4.06 Nov 2, 2014 $1.63
Nov 13, 2014 $2.43
Nov 9, 2014 $4.06 Nov 13, 2014 $3.25
Dec 7, 2014 $0.81
Nov 16, 2014 $4.06 Dec 7, 2014 $4.06
Nov 23, 2014 $4.06 Dec 7, 2014 $4.06
Nov 30, 2014 $4.06 Dec 7, 2014 $2.44
Dec 11, 2014 $1.61
Dec 7, 2014 $4.06 Dec 11, 2014 $4.06
Dec 14, 2014 $4.06 Dec 11, 2014 $0.01
Jan 16, 2015 $4.05
Dec 21, 2014 $4.06 Jan 16, 2015 $4.06
Dec 28, 2014 $4.06 Jan 16, 2015 $3.83
Jan 20, 2015 $0.23
Jan 4, 2015 $4.06 Jan 20, 2015 $4.06
Jan 11, 2015 $4.06 Jan 20, 2015 $4.06
Jan 18, 2015 $4.06 Jan 20, 2015 $4.06
Jan 25, 2015 $4.06 Jan 20, 2015 $4.06
Feb 1, 2015 $4.06 Jan 20, 2015 $4.06
Feb 8, 2015 $4.06 Jan 20, 2015 $4.06
Feb 15, 2015 $4.06 Jan 20, 2015 $4.06
Feb 22, 2015 $4.06 Jan 20, 2015 $0.35
Feb 6, 2015 $3.70
Mar 1, 2015 $4.06 Feb 6, 2015 $4.06
Mar 8, 2015 $4.06 Feb 6, 2015 $4.06
Mar 15, 2015 $4.06 Feb 6, 2015 $4.06
Mar 22, 2015 $4.06 Feb 6, 2015 $1.17
Feb 24, 2015 $2.89
Mar 29, 2015 $4.06 Feb 24, 2015 $3.36
Feb 27, 2015 $0.69
Apr 5, 2015 $4.06 Feb 27, 2015 $4.06
Apr 12, 2015 $4.06 Feb 27, 2015 $1.50
Feb 28, 2015 $2.56
Apr 19, 2015 $4.06 Feb 28, 2015 $3.69
Mar 25, 2015 $0.36
Apr 26, 2015 $4.06 Mar 25, 2015 $4.06
May 3, 2015 $4.06 Mar 25, 2015 $4.06
May 10, 2015 $4.06 Mar 25, 2015 $4.06
May 17, 2015 $4.06 Mar 25, 2015 $4.06
May 24, 2015 $4.06 Mar 25, 2015 $4.06
May 31, 2015 $4.06 Mar 25, 2015 $4.06
Jun 7, 2015 $4.06 Mar 25, 2015 $0.86
Apr 9, 2015 $3.19
Jun 14, 2015 $4.06 Apr 9, 2015 $1.86
Apr 9, 2015 $1.14
May 20, 2015 $1.06
Jun 21, 2015 $4.06 May 20, 2015 $0.65
Jun 2, 2015 $3.41
Jun 28, 2015 $4.06 Jun 2, 2015 $0.34
Jun 3, 2015 $1.14
Jun 10, 2015 $2.58
Jul 5, 2015 $4.06 Jun 10, 2015 $1.40
Jun 18, 2015 $1.36
Jun 20, 2015 $1.30
Jul 12, 2015 $4.06 Jun 20, 2015 $0.07
Jun 23, 2015 $1.70
Jul 14, 2015 $2.28
Jul 19, 2015 $4.06 Jul 14, 2015 $1.69
Aug 28, 2015 $2.36
Jul 26, 2015 $4.06 Aug 28, 2015 $2.75
Aug 29, 2015 $1.31
Aug 2, 2015 $4.06 Aug 29, 2015 $2.33
Sep 10, 2015 $1.73
Aug 9, 2015 $4.06 Sep 10, 2015 $1.11
Sep 11, 2015 $2.94
Aug 16, 2015 $4.06 Sep 11, 2015 $1.60
Sep 15, 2015 $2.45
Aug 23, 2015 $4.06 Sep 15, 2015 $0.39
Sep 16, 2015 $3.41
Sep 20, 2015 $0.26
Aug 30, 2015 $4.06 Sep 20, 2015 $4.06
Sep 6, 2015 $4.06 Sep 20, 2015 $0.23
Sep 29, 2015 $3.83
Sep 13, 2015 $4.06 Sep 29, 2015 $0.15
Oct 3, 2015 $3.91
Sep 20, 2015 $4.06 Oct 3, 2015 $2.34
Oct 10, 2015 $1.72
Sep 27, 2015 $4.06 Oct 10, 2015 $4.06
Oct 4, 2015 $4.06 Oct 10, 2015 $2.98
Oct 25, 2015 $1.08
Oct 11, 2015 $4.06 Oct 25, 2015 $4.06
Oct 18, 2015 $4.06 Oct 25, 2015 $4.06
Oct 25, 2015 $4.06 Oct 25, 2015 $2.17
Nov 17, 2015 $1.89
Nov 1, 2015 $4.06 Nov 17, 2015 $1.52
Nov 23, 2015 $2.27
Nov 26, 2015 $0.26
Nov 8, 2015 $4.06 Nov 26, 2015 $2.58
Nov 30, 2015 $1.48
Nov 15, 2015 $4.06 Nov 30, 2015 $1.14
Dec 1, 2015 $2.84
Dec 8, 2015 $0.08
Nov 22, 2015 $4.06 Dec 8, 2015 $2.19
Dec 14, 2015 $1.86
Nov 29, 2015 $4.06 Dec 14, 2015 $3.82
Dec 21, 2015 $0.24
Dec 6, 2015 $4.06 Dec 21, 2015 $4.06
Dec 13, 2015 $4.06 Dec 21, 2015 $4.06
Dec 20, 2015 $4.06 Dec 21, 2015 $0.74
Dec 24, 2015 $2.84
Jan 12, 2016 $0.48
Dec 27, 2015 $4.06 Jan 12, 2016 $0.66
Jan 22, 2016 $3.40
Jan 3, 2016 $4.06 Jan 22, 2016 $0.01
Jun 25, 2016 $4.05
Jan 10, 2016 $4.06 Jun 25, 2016 $4.06
Jan 17, 2016 $4.06 Jun 25, 2016 $4.06
Jan 24, 2016 $4.06 Jun 25, 2016 $4.06
Jan 31, 2016 $4.06 Jun 25, 2016 $4.06
Feb 7, 2016 $4.06 Jun 25, 2016 $4.06
Feb 14, 2016 $4.06 Jun 25, 2016 $0.90
Jul 5, 2016 $3.16
Feb 21, 2016 $4.06 Jul 5, 2016 $4.06
Feb 28, 2016 $4.06 Jul 5, 2016 $2.44
Aug 9, 2016 $1.61
Mar 6, 2016 $4.06 Aug 9, 2016 $0.66
Aug 9, 2016 $1.13
Aug 15, 2016 $1.13
Aug 15, 2016 $1.13
Aug 16, 2016 $0.02
Mar 13, 2016 $4.06 Aug 16, 2016 $3.95
Aug 16, 2016 $0.10
Mar 20, 2016 $4.06 Aug 16, 2016 $3.88
Aug 28, 2016 $0.18
Mar 27, 2016 $4.06 Aug 28, 2016 $3.80
Sep 16, 2016 $0.26
Apr 3, 2016 $4.06 Sep 16, 2016 $0.86
Sep 16, 2016 $1.13
Sep 16, 2016 $1.13
Sep 20, 2016 $0.94
Apr 10, 2016 $4.06 Sep 20, 2016 $0.18
Mar 18, 2017 $1.13
Mar 18, 2017 $1.13
Sep 28, 2017 $1.13
Sep 28, 2017 $0.50
Apr 17, 2016 $4.06 Sep 28, 2017 $0.63
Sep 28, 2017 $1.13
Sep 28, 2017 $1.13
Oct 2, 2017 $1.13
Oct 2, 2017 $0.06
Apr 24, 2016 $4.06 Oct 2, 2017 $1.07
Oct 2, 2017 $1.13
Mar 18, 2019 $1.13
May 1, 2016 $4.06
May 8, 2016 $4.06
May 15, 2016 $4.06
May 22, 2016 $4.06
May 29, 2016 $4.06
Jun 5, 2016 $4.06
Jun 12, 2016 $4.06
Jun 19, 2016 $4.28

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