Entrepreneur
Name
James
Member since
July 2011
On-time repayments
101 installments • 14%
About Me
My name is Nuthu Mwangi and i am A Zidisha Volunteer mentor based In Ongata Rongai In Nairobi Kenya.I come from a Big family of 10. I am Married and have 2 kids, a boy and a girl I have high school level education,I have more than 10yrs experience in Retail Business and Service industry, I own a mobile mattress cleaning company.and taxi cab business in Ongata rongai.Township.I have borrowed twice from Zidisha and comfortably paid back all the loans plus interest . the loans from zidisha has helped me uplift my business and my life. With the kind of interest banks in Kenya charge zidisha is a savior and you lenders are wonderful.
My Business
In mid Last year 2012 I started a taxi cab service in Ongata rongai an outskirt town of Nairobi . A town which has been developing very fast in fact its the leading town in Economy and development in Kenya where i am the only person operating a Branded taxi cab service in the wide Ongata Rongai area. My cab is branded Ongata rongai cabs .and the business has shown high potential of growth and so far i am planning on expansion.My cab business has continued to improve as i started by hire-purchasing the cab first but of now its fully paid, and i have a plan of getting another one in the near future.the cab business is a easily manageable business with high demand in this middle income estate where business people and residents who are ever busy increasing everyday. I have branded my cab and is packed near a bus stage where its easily visibly From the road >This attracts customers and makes it very presentable.I keep my cab always clean and i am on- time and this has made customers always come back to my cab,there are challenges like the ever increasing fuel prices and traffic Jams but with time i have gained knowledge in fuel saving driving and short routes.With a monthly turn over of Kshs 65000 the costs are fuel 25000 servicing 7000 i am able t make about 30000 every month and that's a good business.The Loan i had taken from zidisha has helped make this business a success and i am a great supporter of zidisha
Loan Proposal
Hi lenders,
Thanks again for supporting me, I am asking for a loan of KES.124,000 from you lenders.With this loan i am planning on putting all of it as a deposit for the purchase of a vehicle i am buying to increase the number of cabs to two. This is due to positive results from the one have and improved business environment.after successful and peaceful elections last month. I appreciate your continued support and i promise to honor my .part of agreement. the previous loans has helped me and has put me in a secure place financially and i hope this loan will move me a step high.
Thank you
James mwangi
Volunteer Mentor Ongata Rongai Kenya
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,475.00
Date disbursed
Apr 17, 2013
Repayment status
Late
Projected term
87 months
Other loans
Lenders
Hickory, United States
Redmond, United States
Franklin, TN, United States
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Summary
Amount repaid
$437.51
Amount remaining
$2,101.98
Expected completion
Jul 19, 2020
Status
Repaying late
Installment amount
$29.76
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 20, 2013 | $11.90 | May 4, 2013 | $5.95 |
| May 18, 2013 | $5.95 | ||
| Jun 20, 2013 | $0.00 | ||
| Jul 20, 2013 | $146.27 | Jul 1, 2013 | $122.62 |
| Jul 21, 2013 | $13.10 | ||
| Aug 21, 2013 | $10.56 | ||
| Aug 20, 2013 | $146.27 | Aug 21, 2013 | $125.15 |
| Aug 22, 2013 | $11.90 | ||
| Sep 3, 2013 | $9.21 | ||
| Sep 20, 2013 | $8.65 | Sep 3, 2013 | $2.69 |
| Sep 13, 2013 | $5.95 | ||
| Jul 2, 2014 | $0.01 | ||
| Oct 20, 2013 | $0.00 | ||
| Nov 19, 2013 | $11.90 | Jul 2, 2014 | $11.89 |
| Dec 20, 2014 | $0.01 | ||
| Dec 19, 2013 | $0.00 | ||
| Jan 19, 2014 | $0.00 | ||
| Feb 19, 2014 | $0.00 | ||
| Mar 20, 2014 | $0.00 | ||
| Apr 20, 2014 | $0.00 | ||
| May 20, 2014 | $0.00 | ||
| Jun 20, 2014 | $0.00 | ||
| Jul 20, 2014 | $0.00 | ||
| Aug 20, 2014 | $35.71 | Dec 20, 2014 | $35.11 |
| Jan 20, 2015 | $0.61 | ||
| Sep 20, 2014 | $35.12 | Jan 20, 2015 | $35.11 |
| Mar 23, 2015 | $0.01 | ||
| Oct 20, 2014 | $0.00 | ||
| Nov 19, 2014 | $0.00 | ||
| Dec 19, 2014 | $0.00 | ||
| Jan 19, 2015 | $0.00 | ||
| Feb 19, 2015 | $0.00 | ||
| Mar 19, 2015 | $0.00 | ||
| Apr 19, 2015 | $35.71 | Mar 23, 2015 | $35.71 |
| May 19, 2015 | $5.95 | Mar 23, 2015 | $5.94 |
| Jun 19, 2015 | $0.00 | ||
| Jul 19, 2015 | $0.00 | ||
| Aug 19, 2015 | $29.76 | ||
| Sep 19, 2015 | $29.76 | ||
| Oct 19, 2015 | $29.76 | ||
| Nov 19, 2015 | $29.76 | ||
| Dec 19, 2015 | $29.76 | ||
| Jan 19, 2016 | $29.76 | ||
| Feb 19, 2016 | $29.76 | ||
| Mar 19, 2016 | $29.76 | ||
| Apr 19, 2016 | $29.76 | ||
| May 19, 2016 | $29.76 | ||
| Jun 19, 2016 | $29.76 | ||
| Jul 19, 2016 | $29.76 | ||
| Aug 19, 2016 | $29.76 | ||
| Sep 19, 2016 | $29.76 | ||
| Oct 19, 2016 | $29.76 | ||
| Nov 19, 2016 | $29.76 | ||
| Dec 19, 2016 | $29.76 | ||
| Jan 19, 2017 | $29.76 | ||
| Feb 19, 2017 | $29.76 | ||
| Mar 19, 2017 | $29.76 | ||
| Apr 19, 2017 | $29.76 | ||
| May 19, 2017 | $29.76 | ||
| Jun 19, 2017 | $29.76 | ||
| Jul 19, 2017 | $29.76 | ||
| Aug 19, 2017 | $29.76 | ||
| Sep 19, 2017 | $29.76 | ||
| Oct 19, 2017 | $29.76 | ||
| Nov 19, 2017 | $29.76 | ||
| Dec 19, 2017 | $29.76 | ||
| Jan 19, 2018 | $29.76 | ||
| Feb 19, 2018 | $29.76 | ||
| Mar 19, 2018 | $29.76 | ||
| Apr 19, 2018 | $29.76 | ||
| May 19, 2018 | $29.76 | ||
| Jun 19, 2018 | $29.76 | ||
| Jul 19, 2018 | $29.76 | ||
| Aug 19, 2018 | $29.76 | ||
| Sep 19, 2018 | $29.76 | ||
| Oct 19, 2018 | $29.76 | ||
| Nov 19, 2018 | $29.76 | ||
| Dec 19, 2018 | $29.76 | ||
| Jan 19, 2019 | $29.76 | ||
| Feb 19, 2019 | $29.76 | ||
| Mar 19, 2019 | $29.76 | ||
| Apr 19, 2019 | $29.76 | ||
| May 19, 2019 | $29.76 | ||
| Jun 19, 2019 | $29.76 | ||
| Jul 19, 2019 | $29.76 | ||
| Aug 19, 2019 | $29.76 | ||
| Sep 19, 2019 | $29.76 | ||
| Oct 19, 2019 | $29.76 | ||
| Nov 19, 2019 | $29.76 | ||
| Dec 19, 2019 | $29.76 | ||
| Jan 19, 2020 | $29.76 | ||
| Feb 19, 2020 | $29.76 | ||
| Mar 19, 2020 | $29.76 | ||
| Apr 19, 2020 | $29.76 | ||
| May 19, 2020 | $29.76 | ||
| Jun 19, 2020 | $29.76 | ||
| Jul 19, 2020 | $346.02 | ||
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