Wafula
Njoro, Kenya
59% repaid
Name
Wafula
Member since
April 2014
On-time repayments
58 installments • 28%
I am 22 years old the 4th born in my family a luhya in tribe.I am in the university doing a bachelor of science general degree.I can from a very poor family.My parents are educating other young ones so I decided to begin a business to support me in my education.I got the money from a part time job that i had saved during holidays.I therefore begun an m-pesa and electrical shop which I have been operating for 2years.The business is located around the egerton university centre.When I heard about zidisha from a friend of mine,I decided to join in order to expand my business since I had an active facebook.
My business proposal;My business deals with m-pesa shop and electrical appliances.These includes bulbs,sockets,wires,etc.My main customers are the university students who prefer my business because of the low charges.Since i had small knowledge of electrical wiring,I use the knowledge to repair for them televisions,laptops,ionboxes,etc during my free time.In a day I make good sells with a profit of approximately ksh1000 per day.My monthly income therefore is ksh30000 which after deductions I remain with ksh15000 as net profit.This helps me pay my daily expenditure in the university.My costs include paying rent,government tax,salary,yearly business license.The risks of my business are,when students close my sells go low because they are my major customers.
i will buy electric wiring cables to acustomer who needs at acost of ksh 11000 which is ($134) this will give me aprofit 18000//= at ago this profit i will use it to circulate in my shop which means my stock will increase hence more profit . this will make me pay my zidisha loan better one metre of electric wire 1.5inch is 25/=@ whole sale i will retail at 60/=@ retail so 25x500m = 12500ksh which is (152$) after selling at 60/=x500m = 30000/= this means aprofit of 30000-12000 =which be be aprofit of 18000/= ($220 this money i will use to reinvest in my shop
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 30, 2014
Repayment status
Late
Projected term
14 months
Amount repaid
$94.71
Amount remaining
$66.96
Expected completion
Jun 25, 2015
Status
Repaying late
Installment amount
$2.94
Expected Payments | Actual Payments | ||
---|---|---|---|
May 8, 2014 | $0.00 | ||
May 15, 2014 | $3.53 | May 15, 2014 | $3.53 |
May 22, 2014 | $3.53 | May 29, 2014 | $3.53 |
May 29, 2014 | $3.53 | Jun 5, 2014 | $3.53 |
Jun 5, 2014 | $3.53 | Jun 12, 2014 | $3.53 |
Jun 12, 2014 | $3.53 | Jun 19, 2014 | $3.53 |
Jun 19, 2014 | $3.53 | Jun 19, 2014 | $3.53 |
Jun 26, 2014 | $3.53 | Jun 26, 2014 | $3.53 |
Jul 3, 2014 | $3.53 | Jul 17, 2014 | $3.53 |
Jul 10, 2014 | $3.53 | Jul 18, 2014 | $3.53 |
Jul 17, 2014 | $3.53 | Jul 18, 2014 | $3.53 |
Jul 24, 2014 | $0.00 | ||
Jul 31, 2014 | $4.71 | Jul 31, 2014 | $3.53 |
Aug 14, 2014 | $1.18 | ||
Aug 7, 2014 | $4.71 | Aug 14, 2014 | $2.35 |
Aug 21, 2014 | $2.35 | ||
Aug 14, 2014 | $4.71 | Aug 21, 2014 | $1.18 |
Sep 4, 2014 | $3.53 | ||
Aug 21, 2014 | $4.71 | Sep 18, 2014 | $3.53 |
Sep 19, 2014 | $1.18 | ||
Aug 28, 2014 | $4.71 | Sep 19, 2014 | $2.35 |
Sep 21, 2014 | $2.35 | ||
Sep 4, 2014 | $4.71 | Sep 21, 2014 | $4.71 |
Sep 11, 2014 | $4.71 | Sep 21, 2014 | $4.71 |
Sep 18, 2014 | $4.71 | Sep 21, 2014 | $4.71 |
Sep 25, 2014 | $4.71 | Oct 7, 2014 | $4.12 |
Oct 9, 2014 | $0.59 | ||
Oct 2, 2014 | $4.71 | Oct 9, 2014 | $2.94 |
Oct 23, 2014 | $1.76 | ||
Oct 9, 2014 | $4.71 | Oct 23, 2014 | $4.71 |
Oct 16, 2014 | $4.71 | Oct 23, 2014 | $4.71 |
Oct 23, 2014 | $2.94 | Oct 23, 2014 | $2.94 |
Oct 30, 2014 | $0.00 | ||
Nov 6, 2014 | $0.00 | ||
Nov 13, 2014 | $0.00 | ||
Nov 20, 2014 | $0.00 | ||
Nov 27, 2014 | $0.00 | ||
Dec 4, 2014 | $0.00 | ||
Dec 11, 2014 | $0.00 | ||
Dec 18, 2014 | $0.00 | ||
Dec 25, 2014 | $0.00 | ||
Jan 1, 2015 | $0.00 | ||
Jan 8, 2015 | $0.00 | ||
Jan 15, 2015 | $0.00 | ||
Jan 22, 2015 | $0.00 | ||
Jan 29, 2015 | $0.00 | ||
Feb 5, 2015 | $0.00 | ||
Feb 12, 2015 | $2.94 | ||
Feb 19, 2015 | $2.94 | ||
Feb 26, 2015 | $2.94 | ||
Mar 5, 2015 | $2.94 | ||
Mar 12, 2015 | $2.94 | ||
Mar 19, 2015 | $2.94 | ||
Mar 26, 2015 | $2.94 | ||
Apr 2, 2015 | $2.94 | ||
Apr 9, 2015 | $2.94 | ||
Apr 16, 2015 | $2.94 | ||
Apr 23, 2015 | $2.94 | ||
Apr 30, 2015 | $2.94 | ||
May 7, 2015 | $2.94 | ||
May 14, 2015 | $2.94 | ||
May 21, 2015 | $2.94 | ||
May 28, 2015 | $2.94 | ||
Jun 4, 2015 | $2.94 | ||
Jun 11, 2015 | $2.94 | ||
Jun 18, 2015 | $2.94 | ||
Jun 25, 2015 | $11.08 |
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