Isaac
Kitale, Kenya
100% repaid
Name
Isaac
Member since
February 2015
On-time repayments
132 installments • 85%
My name is Isaac Wangila. I am a Kenyan man aged 35 years old married with a family. Currently, I live in Kitale Town, Trans-Nzoia County in the Northern part of the Rift Valley Region. I was brought up by a single parent since my mother died when I was a year; my father remarried; since I never got along with my stepmother, I went and stayed with an uncle who catered for my education up to Form four. Later on I moved to Nairobi in search of a job; fortunately I landed a job opportunity where I worked on casual basis; with the proceeds from this job, I managed to pay my tuition fee for an IT Course. After my course, I relocated to Kitale where I was employed in one of the local school as a tutor. Two years later, I started a local cyber cafe with just two computers. With my good public relation, I grew my market base with majority of my customers being teachers. I have had a lot of experience in this life. I always express my warm gratitude to all those who have helped me in my journey through life till this day. My aim in life is to become a social entrepreneur and grow my cyber café into a big ICT consultancy where I can open many branches in the whole of North Rift Region and nationwide. As a young man, my greatest philosophy has always been to be self employed; all along I had envisioned to link up with financial institutions that would help me grow. But when I was introduced to Zidisha, I have seen a breakthrough. Currently, my business is doing well courtesy of Zidisha. I have employed two staffs who assist me in the daily running of the business.
I run a cyber café within Kitale Town of Trans Nzoia County. It is a licensed business. I offer typesetting and printing services, Photocopying services, internet and emailing services and maintenance of computers.
After my college, I had the desire to venture into the IT market which was yet to be flooded in the Northern part of the Rift Valley thus I decided to settle in Kitale of Trans-Nzoia County.
During the day-to-day running of my business, I do incur some costs which range from Printing/ Photocopying Paper, Wages for my two assistants, rent, electricity bills, security, licence/ permit and wages.
The average daily turnover has risen from $40 to around $60 . Out this turnover, I do some savings which guarantees me repayment of the loan on time as per the repayment schedule; apart from that a fraction of it is ploughed back into the business and also support my family.
After moving to the new shop, it offered me a lot of working space which I felt should be put into maximum utilization. My previous loan helped me stock my Cyber Cafe. I have stocked my Cyber with all the accessories/ stationery that my customers/ clients may require.
Since my business has been growing day after day, I have decided to incorporate M-pesa services in my business. This idea came up after most of my customers kept on requesting to make their payments after the service through Mpesa. In most cases, I have been forced to give Agent Number of the nearby Mpesa so that I can receive my payment. With this loan, I will be able to apply for my own Mpesa line and have enough float/ money in my Mpesa shop which will serve my customers and my neighbours in general. With the commission earned from the Mpesa services and money from the business, I will be able to repay my loan without any problem.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$818.00
Date disbursed
Jun 23, 2016
Repayment status
On Time
Projected term
5 months
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Amount repaid
$858.05
Amount remaining
$0.00
Date repaid
Dec 12, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 3, 2016 | $62.52 | Jul 3, 2016 | $62.52 |
Jul 10, 2016 | $0.00 | ||
Jul 17, 2016 | $35.29 | Jul 17, 2016 | $35.29 |
Jul 24, 2016 | $35.29 | Jul 23, 2016 | $35.29 |
Jul 31, 2016 | $35.29 | Jul 31, 2016 | $35.29 |
Aug 7, 2016 | $35.29 | Aug 7, 2016 | $35.29 |
Aug 14, 2016 | $35.29 | Aug 13, 2016 | $35.29 |
Aug 21, 2016 | $35.29 | Aug 21, 2016 | $35.29 |
Aug 28, 2016 | $35.29 | Aug 27, 2016 | $35.29 |
Sep 4, 2016 | $35.29 | Sep 4, 2016 | $35.29 |
Sep 11, 2016 | $35.29 | Sep 12, 2016 | $35.29 |
Sep 18, 2016 | $35.29 | Sep 19, 2016 | $35.29 |
Sep 25, 2016 | $35.29 | Sep 24, 2016 | $35.29 |
Oct 2, 2016 | $35.29 | Oct 1, 2016 | $35.29 |
Oct 9, 2016 | $35.29 | Oct 8, 2016 | $35.29 |
Oct 16, 2016 | $35.29 | Oct 15, 2016 | $35.29 |
Oct 23, 2016 | $35.29 | Oct 24, 2016 | $35.29 |
Oct 30, 2016 | $35.29 | Oct 30, 2016 | $35.29 |
Nov 6, 2016 | $35.29 | Nov 7, 2016 | $35.29 |
Nov 13, 2016 | $35.29 | Nov 14, 2016 | $35.29 |
Nov 20, 2016 | $35.29 | Nov 20, 2016 | $35.29 |
Nov 27, 2016 | $35.29 | Nov 27, 2016 | $35.29 |
Dec 4, 2016 | $35.29 | Nov 27, 2016 | $15.12 |
Dec 4, 2016 | $20.17 | ||
Dec 11, 2016 | $54.43 | Dec 4, 2016 | $7.06 |
Dec 12, 2016 | $47.37 |
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