Name
Samwel
Member since
October 2011
On-time repayments
17 installments • 12%
I am married and have five children, four of them are schooling. I live in Kiptangwanyi tading centre which is about 42km from Nakuru town. Kiptangwanyi is in Gilgil District, Kiambogo division.I live in my own plot number 850 where my business is. I started a small business where i earn my living in the year 2003. this is where I rely wholly on my living as well as where I meet my family needs from.
My business entails a posho mill, a welding and battery charging machine. I combined this business together and operate all of them under one roof. there is high demand for the services I offer as I offer several of them under one roof. I also charge my customers slightly lower prices than my competitors making them prefer my services. the main challenges that I encounter in my business are high cost of electricity and frequent power rationing. Currently I am saving some money to buy a generator that will be acting as a backup when there is a power blackout.
I would like to purchase a generator that will be acting as a backup for power during the time of power blackout. Since all my machines, i.e the poshomill, battery charging machine and welding, use electricity, I have been losing a lot of money during power interuptions which is so common in this area. I will be very glad if I will be enabled to purchase a generator through the loan that I will be granted by Zidisha and utilize my opportunity of offering the services that I offer to my customers in my business to the fullest.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$253.00
Date disbursed
Nov 11, 2011
Repayment status
Late
Projected term
18 months
Amount repaid
$194.89
Amount remaining
$90.92
Expected completion
May 11, 2013
Status
Repaying late
Installment amount
$26.65
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 11, 2012 | $44.35 | Jan 10, 2012 | $11.73 |
Jan 17, 2012 | $30.61 | ||
Feb 10, 2012 | $2.00 | ||
Feb 11, 2012 | $44.35 | Feb 10, 2012 | $44.35 |
Mar 11, 2012 | $44.35 | Feb 10, 2012 | $14.88 |
Mar 11, 2012 | $21.94 | ||
Apr 11, 2012 | $7.53 | ||
Apr 11, 2012 | $23.07 | Apr 11, 2012 | $12.88 |
May 25, 2012 | $10.19 | ||
May 11, 2012 | $0.00 | ||
Jun 11, 2012 | $0.00 | ||
Jul 11, 2012 | $0.00 | ||
Aug 11, 2012 | $0.00 | ||
Sep 11, 2012 | $0.00 | ||
Oct 11, 2012 | $0.00 | ||
Nov 11, 2012 | $0.00 | ||
Dec 11, 2012 | $0.00 | ||
Jan 11, 2013 | $26.65 | May 25, 2012 | $0.01 |
Mar 15, 2013 | $13.27 | ||
May 3, 2013 | $10.20 | ||
Jul 10, 2013 | $3.17 | ||
Feb 11, 2013 | $26.65 | Jul 10, 2013 | $7.03 |
Sep 15, 2013 | $5.10 | ||
Mar 11, 2013 | $26.65 | ||
Apr 11, 2013 | $26.65 | ||
May 11, 2013 | $23.08 |
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