Help me expand my samosa business

Mwangi

Kahawa Wendani, Kenya

13% repaid

Entrepreneur

Name

Mwangi

Member since

February 2014

On-time repayments

260 installments  •  11%

About Me

Am the first born in a family of three kids, am a computer science undergraduate student and I do freelance academic writing, am in my final year at Kenya Methodist University, Nairobi. The freelance writing is my source of income and in a good month I can earn up to $336. I however wish to start investing on bigger projects and I believe that will be possible by taking loans to achieve greater goals. Am an enterprising person and the sky has never been my limit, I aim higher. Scott Belsky the co-founder of Behance once said, “It’s not about ideas. It’s about making ideas happen.” I aim at making my ideas happen.

My Business

I operate a samosa business where I sell samosas to students in campus. Samosas are the preference for most students due to their nutritional value and cheap cost. Due to this fact, samosas are in high demand and venturing into their sale is a profitable business; however, there are risks and shortcomings in any business model, competitors in the market, lack of enough capital and human resource are among the many shortcomings. However, I believe that where there is a will there is a way, and every success story has an origin. Additionally, am also an academic writer and most of my income comes from writing, and on average, I make approximately $336 per month hence I can be able to repay the loan on time.

Loan Proposal

This is my second loan from Zidisha, I was able to repay the first loan timely as scheduled. My business of selling samosas did great and even better than I expected after the college reopened. I now wish to expand my business to another college and employ one person who will be managing the business from the other college as I continue to manage in my current college. With Zidisha’s help am sure I will be able to expand my business to much higher heights and achieve greater goals. Every success story has a starting point; Domino’s Pizza, McDonalds, KFC all started somewhere. My goal is to reach as far as I can go. It is my humble plea that Zidisha and all the sponsors help fund my loan enabling me expand the business. My on time repayment and 100% repayment rate prove that am trustworthy and focused.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$466.00

Date disbursed

Jun 17, 2014

Repayment status

Late

Projected term

79 months

Other loans

Lenders

Brian

Midhurst, Canada

M

marcelitohb

Bremen, Germany

P

Prysdahl

Marshall, United States

H

halisi

assenede, Belgium

P

PatB.

Alameda, CA, United States

P

PHU99

Zwingenberg, Germany

troutsfarm

Pittsboro, United States

N

netsirkd

Highland, United States

Bobrm2k3

Charleston, United States

calvero

Bergen, Norway

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

L

LenoMetus

Perth, Australia

Matching Fund

Sterling, United States

R

roozbeh

United States

Pomaikai

Jersey City, United States

lauren and jubilee

San Antonio, Texas, Usa, United States

Landerson

Edinburgh, United Kingdom

Sputnik

Switzerland

H

hixeu

Belgium

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Summary

Amount repaid

$104.65

Amount remaining

$655.07

Expected completion

Apr 22, 2019

Status

Repaying late

Installment amount

$84.42

Repayment History

Expected Payments Actual Payments
Jun 30, 2014 $11.63 Jul 19, 2014 $11.63
Jul 7, 2014 $5.81 Jul 19, 2014 $5.81
Jul 14, 2014 $0.00
Jul 21, 2014 $0.00
Jul 28, 2014 $3.49 Aug 28, 2014 $3.49
Aug 4, 2014 $3.49 Aug 28, 2014 $3.49
Aug 11, 2014 $3.49 Aug 28, 2014 $3.49
Aug 18, 2014 $3.49 Aug 28, 2014 $3.49
Aug 25, 2014 $3.49 Aug 28, 2014 $3.49
Sep 1, 2014 $3.49 Aug 28, 2014 $3.49
Sep 8, 2014 $3.49 Aug 28, 2014 $3.49
Sep 15, 2014 $3.49 Sep 23, 2014 $3.49
Sep 22, 2014 $3.49 Sep 23, 2014 $3.49
Sep 29, 2014 $3.49 Sep 23, 2014 $3.49
Oct 6, 2014 $3.49 Sep 23, 2014 $3.49
Oct 13, 2014 $3.49 Sep 23, 2014 $3.49
Oct 20, 2014 $3.49 Sep 23, 2014 $3.49
Oct 27, 2014 $3.49 Sep 23, 2014 $3.49
Nov 3, 2014 $3.49 Oct 24, 2014 $3.49
Nov 10, 2014 $3.49 Oct 24, 2014 $3.49
Nov 17, 2014 $3.49 Oct 24, 2014 $3.49
Nov 24, 2014 $3.49 Oct 24, 2014 $3.49
Dec 1, 2014 $0.00
Dec 8, 2014 $0.00
Dec 15, 2014 $0.00
Dec 22, 2014 $0.00
Dec 29, 2014 $0.00
Jan 5, 2015 $0.00
Jan 12, 2015 $0.00
Jan 19, 2015 $0.00
Jan 26, 2015 $0.00
Feb 2, 2015 $0.00
Feb 9, 2015 $0.00
Feb 16, 2015 $11.63 Apr 29, 2015 $11.63
Feb 23, 2015 $0.00
Mar 2, 2015 $0.00
Mar 9, 2015 $0.00
Mar 16, 2015 $0.00
Mar 23, 2015 $0.00
Mar 30, 2015 $0.00
Apr 6, 2015 $0.00
Apr 13, 2015 $0.00
Apr 20, 2015 $0.00
Apr 27, 2015 $0.00
May 4, 2015 $2.33 Oct 22, 2018 $2.33
May 11, 2015 $0.00
May 18, 2015 $0.00
May 25, 2015 $0.00
Jun 1, 2015 $0.00
Jun 8, 2015 $0.00
Jun 15, 2015 $0.00
Jun 22, 2015 $0.00
Jun 29, 2015 $0.00
Jul 6, 2015 $0.00
Jul 13, 2015 $0.00
Jul 20, 2015 $0.00
Jul 27, 2015 $0.00
Aug 3, 2015 $0.00
Aug 10, 2015 $0.00
Aug 17, 2015 $0.00
Aug 24, 2015 $0.00
Aug 31, 2015 $0.00
Sep 7, 2015 $0.00
Sep 14, 2015 $0.00
Sep 21, 2015 $0.00
Sep 28, 2015 $0.00
Oct 5, 2015 $0.00
Oct 12, 2015 $0.00
Oct 19, 2015 $0.00
Oct 26, 2015 $0.00
Nov 2, 2015 $0.00
Nov 9, 2015 $0.00
Nov 16, 2015 $0.00
Nov 23, 2015 $0.00
Nov 30, 2015 $0.00
Dec 7, 2015 $0.00
Dec 14, 2015 $0.00
Dec 21, 2015 $0.00
Dec 28, 2015 $0.00
Jan 4, 2016 $0.00
Jan 11, 2016 $0.00
Jan 18, 2016 $0.00
Jan 25, 2016 $0.00
Feb 1, 2016 $0.00
Feb 8, 2016 $0.00
Feb 15, 2016 $0.00
Feb 22, 2016 $0.00
Feb 29, 2016 $0.00
Mar 7, 2016 $0.00
Mar 14, 2016 $0.00
Mar 21, 2016 $0.00
Mar 28, 2016 $0.00
Apr 4, 2016 $0.00
Apr 11, 2016 $0.00
Apr 18, 2016 $0.00
Apr 25, 2016 $0.00
May 2, 2016 $0.00
May 9, 2016 $0.00
May 16, 2016 $0.00
May 23, 2016 $0.00
May 30, 2016 $0.00
Jun 6, 2016 $0.00
Jun 13, 2016 $0.00
Jun 20, 2016 $0.00
Jun 27, 2016 $0.00
Jul 4, 2016 $0.00
Jul 11, 2016 $0.00
Jul 18, 2016 $0.00
Jul 25, 2016 $0.00
Aug 1, 2016 $0.00
Aug 8, 2016 $0.00
Aug 15, 2016 $0.00
Aug 22, 2016 $0.00
Aug 29, 2016 $0.00
Sep 5, 2016 $0.00
Sep 12, 2016 $0.00
Sep 19, 2016 $0.00
Sep 26, 2016 $0.00
Oct 3, 2016 $0.00
Oct 10, 2016 $0.00
Oct 17, 2016 $0.00
Oct 24, 2016 $0.00
Oct 31, 2016 $0.00
Nov 7, 2016 $0.00
Nov 14, 2016 $0.00
Nov 21, 2016 $0.00
Nov 28, 2016 $0.00
Dec 5, 2016 $0.00
Dec 12, 2016 $0.00
Dec 19, 2016 $0.00
Dec 26, 2016 $0.00
Jan 2, 2017 $0.00
Jan 9, 2017 $0.00
Jan 16, 2017 $0.00
Jan 23, 2017 $0.00
Jan 30, 2017 $0.00
Feb 6, 2017 $0.00
Feb 13, 2017 $0.00
Feb 20, 2017 $0.00
Feb 27, 2017 $0.00
Mar 6, 2017 $0.00
Mar 13, 2017 $0.00
Mar 20, 2017 $0.00
Mar 27, 2017 $0.00
Apr 3, 2017 $0.00
Apr 10, 2017 $0.00
Apr 17, 2017 $0.00
Apr 24, 2017 $0.00
May 1, 2017 $0.00
May 8, 2017 $0.00
May 15, 2017 $0.00
May 22, 2017 $0.00
May 29, 2017 $0.00
Jun 5, 2017 $0.00
Jun 12, 2017 $0.00
Jun 19, 2017 $0.00
Jun 26, 2017 $0.00
Jul 3, 2017 $0.00
Jul 10, 2017 $0.00
Jul 17, 2017 $0.00
Jul 24, 2017 $0.00
Jul 31, 2017 $0.00
Aug 7, 2017 $0.00
Aug 14, 2017 $0.00
Aug 21, 2017 $0.00
Aug 28, 2017 $0.00
Sep 4, 2017 $0.00
Sep 11, 2017 $0.00
Sep 18, 2017 $0.00
Sep 25, 2017 $0.00
Oct 2, 2017 $0.00
Oct 9, 2017 $0.00
Oct 16, 2017 $0.00
Oct 23, 2017 $0.00
Oct 30, 2017 $0.00
Nov 6, 2017 $0.00
Nov 13, 2017 $0.00
Nov 20, 2017 $0.00
Nov 27, 2017 $0.00
Dec 4, 2017 $0.00
Dec 11, 2017 $0.00
Dec 18, 2017 $0.00
Dec 25, 2017 $0.00
Jan 1, 2018 $0.00
Jan 8, 2018 $0.00
Jan 15, 2018 $0.00
Jan 22, 2018 $0.00
Jan 29, 2018 $0.00
Feb 5, 2018 $0.00
Feb 12, 2018 $0.00
Feb 19, 2018 $0.00
Feb 26, 2018 $0.00
Mar 5, 2018 $0.00
Mar 12, 2018 $0.00
Mar 19, 2018 $0.00
Mar 26, 2018 $0.00
Apr 2, 2018 $0.00
Apr 9, 2018 $0.00
Apr 16, 2018 $0.00
Apr 23, 2018 $0.00
Apr 30, 2018 $0.00
May 7, 2018 $0.00
May 14, 2018 $0.00
May 21, 2018 $0.00
May 28, 2018 $0.00
Jun 4, 2018 $0.00
Jun 11, 2018 $0.00
Jun 18, 2018 $0.00
Jun 25, 2018 $0.00
Jul 2, 2018 $0.00
Jul 9, 2018 $0.00
Jul 16, 2018 $0.00
Jul 23, 2018 $0.00
Jul 30, 2018 $0.00
Aug 6, 2018 $0.00
Aug 13, 2018 $0.00
Aug 20, 2018 $0.00
Aug 27, 2018 $0.00
Sep 3, 2018 $0.00
Sep 10, 2018 $0.00
Sep 17, 2018 $0.00
Sep 24, 2018 $0.00
Oct 1, 2018 $0.00
Oct 8, 2018 $0.00
Oct 15, 2018 $0.00
Oct 22, 2018 $0.58 Oct 22, 2018 $0.58
Oct 29, 2018 $0.58 Oct 29, 2018 $0.58
Nov 5, 2018 $0.58 Nov 5, 2018 $0.58
Nov 12, 2018 $0.00
Nov 19, 2018 $0.00
Nov 26, 2018 $0.00
Dec 3, 2018 $0.00
Dec 10, 2018 $0.00
Dec 17, 2018 $0.00
Dec 24, 2018 $0.58 Mar 1, 2019 $0.58
Dec 31, 2018 $0.58 Mar 1, 2019 $0.58
Jan 7, 2019 $0.58 Mar 1, 2019 $0.58
Jan 14, 2019 $0.58 Mar 1, 2019 $0.58
Jan 21, 2019 $0.58 Mar 1, 2019 $0.58
Jan 28, 2019 $0.00
Feb 4, 2019 $0.00
Feb 11, 2019 $0.00
Feb 18, 2019 $0.00
Feb 25, 2019 $0.00
Mar 4, 2019 $84.42 Mar 1, 2019 $2.91
Mar 11, 2019 $84.42
Mar 18, 2019 $84.42
Mar 25, 2019 $84.42
Apr 1, 2019 $84.42
Apr 8, 2019 $84.42
Apr 15, 2019 $84.42
Apr 22, 2019 $69.95

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