Entrepreneur
Name
John
Member since
March 2014
On-time repayments
130 installments • 13%
About Me
John Nandwa was born in 1980 and the lastborn in a family of four. I went to Emutetemo primary school and did my form four in Jemovo high school. I set up a small bisiness that deals in mobile accessories, M-pesa and Airtel money. This was as a result of after I was left home to stay with my parents who faced financial restrains. I was to wake up to the call.
My Business
I operate a mobile accessories shop among other like M-pesa and Airtel Money. I have two outlets (branches) that deal with the same as expanding my bounderies.
I buy Phones on wholesale @ kes.2000 and sell at retail price of Kes.3500. Phone battries @300 and sell @700. On Airtel money a transaction of 0.5 Million earns me a commission of Kes. 10,000. M-pesa transaction of Kes. 2Million earns me a commission of Kes.25000 per month. I want to use this second Loan to expand my area of operation. As the first one was a step forward to achiving my dream. Thanks to zidisha.
Loan Proposal
Hi lenders I am pleased to inform I amthat finally the first loan you gave me has improved the face of my business and my life personally. I am back again to request for a second loan. This time around I target to increase my Mpesa float and buy more phones for sale at approximately 300 dollars the remaining amount will use to buy phones for sale which will be valued at about 150 dollars. This will in return yield 290 dollars for phones and about 450 dollars for mpesa transactions as commision earned.
I want to say thank you in advance as you fund my loan.
long live zidisha family.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$444.00
Date disbursed
Jun 24, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Lahr, Germany
Bluba, Germany
Netherlands
Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$469.26
Amount remaining
$0.00
Date repaid
Jan 10, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 4, 2014 | $32.86 | Jul 4, 2014 | $32.86 |
| Jul 11, 2014 | $32.86 | Jul 4, 2014 | $0.28 |
| Jul 25, 2014 | $32.58 | ||
| Jul 18, 2014 | $32.86 | Jul 31, 2014 | $32.58 |
| Aug 1, 2014 | $0.28 | ||
| Jul 25, 2014 | $32.86 | Aug 1, 2014 | $32.30 |
| Aug 9, 2014 | $0.56 | ||
| Aug 1, 2014 | $32.86 | Aug 9, 2014 | $32.02 |
| Aug 15, 2014 | $0.84 | ||
| Aug 8, 2014 | $32.86 | Aug 15, 2014 | $31.74 |
| Aug 22, 2014 | $1.12 | ||
| Aug 15, 2014 | $32.86 | Aug 22, 2014 | $32.02 |
| Aug 29, 2014 | $0.84 | ||
| Aug 22, 2014 | $22.42 | Aug 29, 2014 | $22.42 |
| Aug 29, 2014 | $0.00 | ||
| Sep 5, 2014 | $23.26 | Sep 12, 2014 | $23.26 |
| Sep 12, 2014 | $23.26 | Sep 19, 2014 | $23.26 |
| Sep 19, 2014 | $0.00 | ||
| Sep 26, 2014 | $0.00 | ||
| Oct 3, 2014 | $17.44 | Sep 27, 2014 | $17.44 |
| Oct 10, 2014 | $17.44 | Sep 27, 2014 | $5.81 |
| Oct 7, 2014 | $11.63 | ||
| Oct 17, 2014 | $17.44 | Oct 7, 2014 | $11.63 |
| Nov 21, 2014 | $5.81 | ||
| Oct 24, 2014 | $17.44 | Nov 21, 2014 | $17.44 |
| Oct 31, 2014 | $17.44 | Dec 14, 2014 | $17.44 |
| Nov 6, 2014 | $17.44 | Dec 14, 2014 | $5.81 |
| Dec 23, 2014 | $11.63 | ||
| Nov 13, 2014 | $17.44 | Dec 23, 2014 | $11.63 |
| Dec 28, 2014 | $5.81 | ||
| Nov 20, 2014 | $17.44 | Dec 28, 2014 | $17.44 |
| Nov 27, 2014 | $17.44 | Jan 2, 2015 | $17.44 |
| Dec 4, 2014 | $13.33 | Jan 2, 2015 | $5.81 |
| Jan 10, 2015 | $7.51 | ||
Loading...