David

Bahati, Kenya

4% repaid

Entrepreneur

Name

David

Member since

October 2012

On-time repayments

35 installments  •  23%

About Me

My name is David Loote Malibo. I come from Bahati , Nakuru County where I reside. Bahati is approximately 20 Km from Nakuru Town on your way to Nyahururu where you aright at Bahati centre just on Bahati Nakuru stage, you take the rough round towards the play ground and as Kwa Loote. Alternatively as you reach at the Bahati you will see the boda boda stage and ask for Loote and you wil be directed where I will be. I do boda boda business.

My Business

I do the business transportation popularly known as Bodaboda where I transport people with a motorcycle. I get about 25000 per month and 250000 annually. I also half 2 acre piece of land where I do do farming as business where I get about 80000 per year so the total annual income is about 330,000 annually.

Loan Proposal

if you fund me with the loan i will expand my farming business by buying more inputs. i will also plant a variety of produce apart from maize i will start growing tomato and cabbages which are currently hot cake in the market. i will ensure i purchase all the incentives necessary to enable maximization of profits.

Feedback

6

None

2



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,348.00

Date disbursed

Aug 12, 2013

Repayment status

Late

Projected term

27 months

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Ask David a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Astrid    Jan 25, 2016

    Hi David, How are you doing today?

    Log in to reply • Share
  • Astrid    Aug 6, 2014

    I'm very disappointed that you seem to have stopped repaying entirely. Could you resume repayments please? Thanks! Astrid

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  • Mårten    Jun 23, 2014

    Sorry David,
    but not keeping us informed is not an option.

    If you're finding it difficult to raise the full monthly amount, you can always pay less - anything to reduce the debt, and show us that you want to.

    Let us know what's going on,
    Mårten

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  • AWOL    Jun 3, 2014

    David,

    We have not heard from you since August
    last year. You did make one payment
    on December 23 but nothing since.

    David, you were able to obtain a substantial loan on your promise to
    repay. Your failure to do so means
    that all of us lenders are not able to
    lend the money to other deserving
    young people in Kenya, many of whom
    are much poorer than you.

    Log in to reply • Share
  • AWOL    Mar 22, 2014

    Hello David,
    What's happening?
    Are you able to make a payment?

    Log in to reply • Share
  • ruediger00    Dec 21, 2013

    Hi David,
    it has been some time since your last comment, so I would like to ask how the conditions for growing the tomatos have been lately.
    I hope the weather improved for your business.
    There was a payment due at the end of November, so please let us know how the situation is.

    Log in to reply • Share
  • David    Sep 30, 2013

    currently due to the rainy season in our Country kenya my tomato have delayed to ripen abit but in due course they will resume to even ripening and i will part therefore service my loan in due time as per our mutual terms and conditions.currently due to the rainy season in our Country kenya my tomato have delayed to ripen abit but in due course they will resume to even ripening and i will part therefore service my loan in due time as per our mutual terms and conditions.

    Log in to reply • Share
  • dajawein    Aug 2, 2013

    Sorry to hear about the stolen motorbike. What can you do to prevent it?

    This is a much bigger loan than last time, but the stolen motorbike took away your main source of income. Do you have a plan for how to handle this bigger debt with less income?

    I'd like to help, and want to know what your ideas are for these issues.

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    • David    Aug 3, 2013

      Hello Dajawein, hope your doing great, thanks for your concern, what i would like to let you know is i had saved some considerable amount of money from the stolen motorbike thus i managed to purchase another motorbike and in due time i have already insured it in readiness to handle any risk.

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      • Mårten    Feb 26, 2014

        Hello David,
        how is the farm doing? I'm asking because I'm concerned about the (3) missed payments.

        All the best,
        Mårten

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  • FilemonInvest    Jul 31, 2013

    I was willing to double the amount invested last time, but 0 % interest is to low for me to invest.

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  • David    Jun 24, 2013

    hi lenders me i am fine although i had a problem on month of March this year where by my motorbike was stolen and it was my main source of income but thanks to GOD was not harmed

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  • David    Feb 14, 2013

    hi lenders hopes you are doing well me i wanna wish you happy valentine


    hi lenders hopes you are doing well me is only wishing you happy valentine

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  • FilemonInvest    Dec 16, 2012

    How is it going with selling shoes? :)

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