David M

Nakuru, Kenya

100% repaid

Entrepreneur

Name

David M

Member since

July 2010

On-time repayments

343 installments  •  88%

About Me

I grew in small village called mahiga . I schooled there up to class eight and due to luck of fund I did not get further education . I left home so that I could look for a living to leave space for the other siblings and to look for money to assist my parents to educate the others. I got daily wages from big farm owners and for about three years i saved and managed to buy a bicycle. I started selling local vegetables from house to house with the bicycle. Due to dry seasons the vegetables were not available so i started cooking half cakes (kangumus). With kangumu i managed to save selling second hand clothes and shoes and save yet more to open a retail shop then due to competition i left shopkeeping to bakery up to date.with bakery through zidisha lender i have a house for my family .anyway am married and have seven children now five of them are at school .i like reading the bible with them when e are free. i like it so much. a part from my children i have three of my sister who was left by her husband. and we are doing good.

My Business

I bake cakes, teascorns breads and buns.I also deepfly dognuts.I prepare drinks like tea and coffe and other drink eg joise and sodas and sell it in my kiosk.The nearest area where you can find a producd of the same is ten km ,thus making my product of demand within my locality.I trust and believe people must eat to live. So decided to bring a unique product.I usually make 1500 to1700 kes dairy and save a third of my dairy profit.I use my profit in food suplement ,pay school for children and buy small sheep and goat and rear them to sell when they are big enough.I use to sell at good price.I am also used to give2000 to 3000kes to my old parents to cater for household.

Loan Proposal

i want to improve on my stock of maize and beans buy at 1500 and 2700 respectively i still want to improve on my bodaboda business

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$392.00

Date disbursed

Aug 24, 2010

Repayment status

On Time

Projected term

12 months

Lenders

Julia Kurnia

Sterling, Virginia, United States

M

marycb

United States

T

t

Nijmegen, Afghanistan

J

johans

Malmö, Sweden

AWOL

USA, United States

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Summary

Amount repaid

$430.75

Amount remaining

$0.00

Date repaid

Jun 9, 2011

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 24, 2010 $35.90 Sep 22, 2010 $35.90
Oct 24, 2010 $35.90 Sep 22, 2010 $8.26
Oct 23, 2010 $27.64
Nov 24, 2010 $35.90 Oct 23, 2010 $11.32
Nov 24, 2010 $24.57
Dec 24, 2010 $35.90 Nov 24, 2010 $14.39
Dec 22, 2010 $21.51
Jan 24, 2011 $35.90 Dec 22, 2010 $17.56
Jan 26, 2011 $18.34
Feb 24, 2011 $35.90 Jan 26, 2011 $20.62
Feb 23, 2011 $15.27
Mar 24, 2011 $35.90 Feb 23, 2011 $23.69
Mar 24, 2011 $12.21
Apr 24, 2011 $35.90 Mar 24, 2011 $35.90
May 24, 2011 $35.90 Mar 24, 2011 $14.96
Apr 24, 2011 $20.94
Jun 24, 2011 $35.90 Apr 24, 2011 $18.03
May 28, 2011 $17.87
Jul 24, 2011 $35.90 May 28, 2011 $6.81
Jun 8, 2011 $12.99
Jun 9, 2011 $16.10
Aug 24, 2011 $35.90 Jun 9, 2011 $35.84

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