Loan to buy a second motorcycle

John

Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2015

On-time repayments

122 installments  •  69%

About Me

I was born 34 years ago in a humble family of 5. I have a Bachelor of Arts degree in Economics and Political Science and pursuing my MBA in the University of Nairobi. I have a dream of being a source of inspiration for children from poor, separated, divorced or single parents who are trying to figure out or struggling to come to terms with their family and social status. To me they are my brothers who need someone to mentor, encourage and guide them in making good decisions that will add value to their lives.

My Business

I am currently concentrating with developing different aspects of my life. Life's journey requires holistic, balanced and gradual growth to prepare one self to opportunities that may arise.

Loan Proposal

My loan proposal is for buying a brand new motorbike that can guarantee a net income of $260 per month, the cost of maintaining a brand new motorbike as opposed to a second hand bike is almost zero for the first one year. This will be an add up to the one i already have.
A brand new motorcycle costs KES 105,000 ($1020). With a deposit of KES 44,000 ( $430) am able to get one at a local distributor in Rongai and pay the balance for 12 months at KES 5083 ($49) per month. With me working with the motorbike full time am able to earn a net of $ 9 per day approximately $234 per month. I will also be getting $4.5 ( $117 monthly) on my already existing motorbike. My total loan obligations will be $90 per month. leaving me with approximately $ 260 every month to take care of my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$449.00

Date disbursed

Oct 22, 2015

Repayment status

On Time

Projected term

20 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$469.19

Amount remaining

$0.00

Date repaid

Apr 19, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 1, 2015 $10.00 Nov 8, 2015 $10.00
Nov 8, 2015 $10.00 Nov 14, 2015 $10.00
Nov 15, 2015 $10.00 Nov 22, 2015 $10.00
Nov 22, 2015 $10.00 Nov 30, 2015 $10.00
Nov 29, 2015 $10.00 Nov 30, 2015 $10.00
Dec 6, 2015 $10.00 Dec 15, 2015 $10.00
Dec 13, 2015 $10.00 Dec 24, 2015 $10.00
Dec 20, 2015 $10.00 Jan 11, 2016 $10.00
Dec 27, 2015 $7.00 Jan 15, 2016 $7.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $5.00 Jan 23, 2016 $5.00
Jan 31, 2016 $5.00 Jan 30, 2016 $5.00
Feb 7, 2016 $5.00 Feb 16, 2016 $5.00
Feb 14, 2016 $5.00 Feb 26, 2016 $5.00
Feb 21, 2016 $5.00 Feb 26, 2016 $5.00
Feb 28, 2016 $5.00 Mar 8, 2016 $5.00
Mar 6, 2016 $5.00 Mar 14, 2016 $5.00
Mar 13, 2016 $5.00 Mar 28, 2016 $5.00
Mar 20, 2016 $5.00 Mar 28, 2016 $5.00
Mar 27, 2016 $5.00 Mar 28, 2016 $5.00
Apr 3, 2016 $5.00 Apr 16, 2016 $5.00
Apr 10, 2016 $5.00 Apr 16, 2016 $5.00
Apr 17, 2016 $5.00 Apr 16, 2016 $5.00
Apr 24, 2016 $5.00 Apr 16, 2016 $5.00
May 1, 2016 $5.00 Apr 16, 2016 $5.00
May 8, 2016 $5.00 Apr 16, 2016 $5.00
May 15, 2016 $5.00 May 5, 2016 $5.00
May 22, 2016 $5.00 May 5, 2016 $5.00
May 29, 2016 $5.00 May 5, 2016 $5.00
Jun 5, 2016 $5.00 May 5, 2016 $5.00
Jun 12, 2016 $5.00 Jun 30, 2016 $5.00
Jun 19, 2016 $5.00 Jun 30, 2016 $5.00
Jun 26, 2016 $5.00 Jun 30, 2016 $5.00
Jul 3, 2016 $5.00 Jul 22, 2016 $5.00
Jul 10, 2016 $5.00 Jul 22, 2016 $5.00
Jul 17, 2016 $5.00 Jul 22, 2016 $5.00
Jul 24, 2016 $5.00 Jul 22, 2016 $5.00
Jul 31, 2016 $5.00 Jul 22, 2016 $5.00
Aug 7, 2016 $5.00 Jul 22, 2016 $5.00
Aug 14, 2016 $5.00 Jul 22, 2016 $5.00
Aug 21, 2016 $5.00 Jul 22, 2016 $5.00
Aug 28, 2016 $5.00 Jul 22, 2016 $5.00
Sep 4, 2016 $5.00 Jul 22, 2016 $5.00
Sep 11, 2016 $5.00 Jul 22, 2016 $5.00
Sep 18, 2016 $5.00 Jul 22, 2016 $5.00
Sep 25, 2016 $5.00 Jul 22, 2016 $5.00
Oct 2, 2016 $5.00 Jul 22, 2016 $5.00
Oct 9, 2016 $5.00 Jul 22, 2016 $5.00
Oct 16, 2016 $5.00 Jul 22, 2016 $5.00
Oct 23, 2016 $5.00 Jul 22, 2016 $5.00
Oct 30, 2016 $5.00 Jul 22, 2016 $5.00
Nov 6, 2016 $5.00 Jul 22, 2016 $5.00
Nov 13, 2016 $5.00 Jul 22, 2016 $5.00
Nov 20, 2016 $5.00 Jul 22, 2016 $5.00
Nov 27, 2016 $5.00 Jul 22, 2016 $5.00
Dec 4, 2016 $5.00 Jul 22, 2016 $5.00
Dec 11, 2016 $5.00 Jul 22, 2016 $5.00
Dec 18, 2016 $5.00 Jul 22, 2016 $5.00
Dec 25, 2016 $5.00 Jul 22, 2016 $5.00
Jan 1, 2017 $5.00 Jul 22, 2016 $5.00
Jan 8, 2017 $5.00 Jul 22, 2016 $5.00
Jan 15, 2017 $5.00 Jul 22, 2016 $5.00
Jan 22, 2017 $5.00 Jul 22, 2016 $5.00
Jan 29, 2017 $5.00 Oct 23, 2018 $5.00
Feb 5, 2017 $5.00 Oct 23, 2018 $5.00
Feb 12, 2017 $5.00 Nov 14, 2018 $5.00
Feb 19, 2017 $5.00 Nov 14, 2018 $5.00
Feb 26, 2017 $5.00 Jan 25, 2019 $5.00
Mar 5, 2017 $5.00 Jan 25, 2019 $5.00
Mar 12, 2017 $5.00 Feb 5, 2019 $5.00
Mar 19, 2017 $5.00 Feb 5, 2019 $5.00
Mar 26, 2017 $5.00 Feb 5, 2019 $5.00
Apr 2, 2017 $5.00 Feb 5, 2019 $5.00
Apr 9, 2017 $5.00 Feb 20, 2019 $5.00
Apr 16, 2017 $5.00 Feb 20, 2019 $5.00
Apr 23, 2017 $5.00 Feb 20, 2019 $5.00
Apr 30, 2017 $5.00 Feb 20, 2019 $5.00
May 7, 2017 $5.00 Mar 7, 2019 $5.00
May 14, 2017 $5.00 Mar 7, 2019 $5.00
May 21, 2017 $5.00 Mar 7, 2019 $5.00
May 28, 2017 $5.00 Mar 7, 2019 $5.00
Jun 4, 2017 $5.00 Mar 22, 2019 $5.00
Jun 11, 2017 $5.00 Mar 22, 2019 $5.00
Jun 18, 2017 $5.00 Mar 22, 2019 $5.00
Jun 25, 2017 $5.00 Mar 22, 2019 $5.00
Jul 2, 2017 $5.00 Apr 19, 2019 $5.00
Jul 9, 2017 $2.19 Apr 19, 2019 $2.19

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