Name
James
Member since
July 2011
On-time repayments
101 installments • 14%
My name is Nuthu Mwangi and i am A Zidisha Volunteer mentor based In Ongata Rongai In Nairobi Kenya.I come from a Big family of 10. I am Married and have 2 kids, a boy and a girl I have high school level education,I have more than 10yrs experience in Retail Business and Service industry, I own a mobile mattress cleaning company.and taxi cab business in Ongata rongai.Township.I have borrowed twice from Zidisha and comfortably paid back all the loans plus interest . the loans from zidisha has helped me uplift my business and my life. With the kind of interest banks in Kenya charge zidisha is a savior and you lenders are wonderful.
In mid Last year 2012 I started a taxi cab service in Ongata rongai an outskirt town of Nairobi . A town which has been developing very fast in fact its the leading town in Economy and development in Kenya where i am the only person operating a Branded taxi cab service in the wide Ongata Rongai area. My cab is branded Ongata rongai cabs .and the business has shown high potential of growth and so far i am planning on expansion.My cab business has continued to improve as i started by hire-purchasing the cab first but of now its fully paid, and i have a plan of getting another one in the near future.the cab business is a easily manageable business with high demand in this middle income estate where business people and residents who are ever busy increasing everyday. I have branded my cab and is packed near a bus stage where its easily visibly From the road >This attracts customers and makes it very presentable.I keep my cab always clean and i am on- time and this has made customers always come back to my cab,there are challenges like the ever increasing fuel prices and traffic Jams but with time i have gained knowledge in fuel saving driving and short routes.With a monthly turn over of Kshs 65000 the costs are fuel 25000 servicing 7000 i am able t make about 30000 every month and that's a good business.The Loan i had taken from zidisha has helped make this business a success and i am a great supporter of zidisha
Lenders Thank you again.After clearing my first loan ,now i am asking for another loan.This amount, i am asking i want to hire another vehicle and adriver for the cab business i have started recently as i have seen the potential in this business.I shall need 60,000 to hire one car for two months 10,000 for branding and 20,000 for the sevices of the car that i am using right now.I have felt the benefit of your generosity and may the almighty God Bless you all.
Positive
22
Neutral
1
Negative
2
Project Type
Classic Loan
Disbursed amount
$1,084.00
Date disbursed
Aug 19, 2012
Repayment status
On Time
Projected term
14 months
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Amount repaid
$1,196.99
Amount remaining
$0.00
Date repaid
Mar 21, 2013
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 19, 2012 | $107.41 | Oct 19, 2012 | $54.22 |
Oct 25, 2012 | $18.07 | ||
Oct 28, 2012 | $35.12 | ||
Nov 19, 2012 | $1.02 | Oct 28, 2012 | $1.02 |
Dec 19, 2012 | $107.41 | Nov 28, 2012 | $48.19 |
Nov 28, 2012 | $59.22 | ||
Jan 19, 2013 | $107.41 | Nov 28, 2012 | $1.02 |
Dec 27, 2012 | $57.83 | ||
Jan 10, 2013 | $6.02 | ||
Jan 15, 2013 | $42.53 | ||
Feb 19, 2013 | $107.41 | Jan 15, 2013 | $5.66 |
Feb 13, 2013 | $6.02 | ||
Feb 18, 2013 | $95.72 | ||
Mar 19, 2013 | $107.41 | Feb 18, 2013 | $18.73 |
Mar 17, 2013 | $6.02 | ||
Mar 18, 2013 | $82.65 | ||
Apr 19, 2013 | $107.41 | Mar 18, 2013 | $107.41 |
May 19, 2013 | $107.41 | Mar 18, 2013 | $107.41 |
Jun 19, 2013 | $107.41 | Mar 18, 2013 | $107.41 |
Jul 19, 2013 | $107.41 | Mar 18, 2013 | $107.41 |
Aug 19, 2013 | $107.41 | Mar 18, 2013 | $107.41 |
Sep 19, 2013 | $107.41 | Mar 18, 2013 | $103.19 |
Mar 21, 2013 | $4.22 | ||
Oct 19, 2013 | $13.89 | Mar 21, 2013 | $13.89 |
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