Entrepreneur
Name
John
Member since
July 2012
On-time repayments
26 installments • 23%
About Me
I am 37yrs old married with four children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 30000 i am able to educate and feed my family and support my parents.
My Business
I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very law
Loan Proposal
I want to expand my business of charcoal by buying more stock This year, The first loan helped me get more customers to this business and has increases the demand for charcoal in this area . With the amount i am borrowing i shall be able o get the charcoal from the bushes where i can be able to buy a lorry full of charcoal bags at a fair price which will help increase the profits and i shall be able to employ another person to assist in the work
Feedback
Positive
18
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,361.00
Date disbursed
Jan 10, 2013
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Singapore, Singapore
Luxembourg, Luxembourg
Tübingen, Germany
United States
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Summary
Amount repaid
$1,554.75
Amount remaining
$0.00
Date repaid
Apr 15, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Apr 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| May 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Jun 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Jul 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Aug 19, 2013 | $141.33 | Apr 15, 2013 | $46.29 |
| Apr 15, 2013 | $95.04 | ||
| Sep 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Oct 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Nov 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Dec 19, 2013 | $141.33 | Apr 15, 2013 | $141.33 |
| Jan 19, 2014 | $141.33 | Apr 15, 2013 | $90.82 |
| Apr 16, 2013 | $50.51 | ||
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