Name
Isaiah
Member since
February 2013
On-time repayments
15 installments • 20%
My names are Isaiah Ngaruiya Ngugi. I am a resident of Thika town, a distance of 40kilometers from the capital of Kenya, Nairobi. I was born in Thika, attended my primary school as well as my secondary school in Thika. I have a family and blessed with two kids. I live in plot number 616 at Thika town. I am a business man at the town and my business is that of selling jewellery. I have been in this business for quite some time and this is my seventh year. It is a good business and quite profitable especially at my shop as it is located in a strategic place.
This business of selling jewellery is a good one as i target most of the youths. The main items that I sell are earrings, necklaces, chains, bangles, finger rings. The business is located in area where it is open and again it is near the market and thus it can be spotted easily. I get my supplies from the capital, Nairobi at a relatively cheaper price and since I purchase in large scale the profit margin is usually quite good. The main challenges that this business encounter is the high cost of living and especially here in town and also high cost of energy.
I am thankful for such a wonderful opportunity to be granted a loan from Zidisha micro-finance.
When granted this loan, I will add my stock of jewellery for my business. This, I will buy in bulk and reduce the cost of traveling now and then to replenish my supply. This was really reducing my profits and thus I would like to cut this costs. Secondly, I would like to supply more variety of these jewellery to increase my customer range.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Mar 7, 2013
Repayment status
Late
Projected term
73 months
Amount repaid
$146.00
Amount remaining
$335.06
Expected completion
Dec 16, 2015
Status
Repaying late
Installment amount
$80.18
Expected Payments | Actual Payments | ||
---|---|---|---|
May 17, 2013 | $0.00 | ||
Jun 17, 2013 | $0.00 | ||
Jul 17, 2013 | $0.00 | ||
Aug 17, 2013 | $0.00 | ||
Sep 17, 2013 | $0.00 | ||
Oct 17, 2013 | $7.06 | Sep 24, 2013 | $3.53 |
Oct 5, 2013 | $3.53 | ||
Nov 16, 2013 | $18.82 | Nov 14, 2013 | $18.82 |
Dec 16, 2013 | $18.82 | Nov 14, 2013 | $11.76 |
Dec 15, 2013 | $7.06 | ||
Jan 16, 2014 | $18.82 | Jan 30, 2014 | $18.82 |
Feb 16, 2014 | $18.82 | Mar 28, 2014 | $18.82 |
Mar 17, 2014 | $0.00 | ||
Aug 17, 2015 | $80.18 | May 12, 2014 | $11.76 |
Jun 25, 2014 | $4.71 | ||
Jun 27, 2014 | $5.88 | ||
Aug 8, 2014 | $5.88 | ||
Sep 30, 2014 | $6.47 | ||
Mar 2, 2015 | $6.59 | ||
Sep 17, 2015 | $80.18 | ||
Oct 17, 2015 | $80.18 | ||
Nov 16, 2015 | $80.18 | ||
Dec 16, 2015 | $78.00 |
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