Name
Martin
Member since
January 2015
On-time repayments
27 installments • 52%
My names are Martin Kioko and am thirty two years old and Hold a Diploma in Computer Electronics Engineering alongside other qualification. While i was doing my Higher education studies, i dreamed being an entrepreneur and from that moment i started actualizing my dream. Since i was undertaking a technical subject on repairs of computer and other electronics components, i started repairing laptops and desktop computer for my fellow students. i continued and extended my services to SMES in the city of Nairobi.
After finishing my studies, i started a workshop for repairing computer and run it for a year and i decide to expand the entrepreneurship idea to create employment for other people, hence i began a small training institute in the year 2010 with five computers and managed to convince five students.
I cultivated the revenues i collected from the school fees and continued to expand the concept and after two years, i managed to create three job opportunities. Now my Institution has expanded and have introduces other courses alongside IT studies.
I would like to set up an extra computer laboratory for i have an increment in student’s population and i was looking for some one to lend me when i came across my business friend Peter Omolo who introduced me to Zidisha Online Lending programme. Have some cash for the setup but i lack Kshs. 15,000 and that is why i am seeking assistance from Zidisha. I will appreciate your support financial and will really commit myself to repay as per the agreement.
Here is a break down income and expense statement for my business
Gross Monthly income =Ksh. 140,000.00
Total expenses = Kshs. 80,000.00
Net profit = Ksh. 60,000.00
On weekly basis i can comfortably repay Ksh. 3,000.00
I will add the amount i will receive from Zidisha to the cash that i have to purchase furniture's and fittings for the new computer lab.
I will also use it to purchase equipments and other training resources.
Positive
3
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 23, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
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Amount repaid
$101.52
Amount remaining
$0.00
Date repaid
Mar 8, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 1, 2015 | $16.91 | Feb 1, 2015 | $16.91 |
Feb 8, 2015 | $16.91 | Feb 1, 2015 | $0.06 |
Feb 8, 2015 | $16.85 | ||
Feb 15, 2015 | $16.91 | Feb 8, 2015 | $0.11 |
Feb 15, 2015 | $16.29 | ||
Feb 16, 2015 | $0.51 | ||
Feb 22, 2015 | $16.91 | Feb 16, 2015 | $0.62 |
Feb 22, 2015 | $16.29 | ||
Mar 1, 2015 | $16.91 | Feb 22, 2015 | $1.12 |
Mar 1, 2015 | $15.73 | ||
Mar 8, 2015 | $0.06 | ||
Mar 8, 2015 | $16.97 | Mar 8, 2015 | $16.97 |
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