Joseph
Kawangware, Kenya
100% repaid
Name
Joseph
Member since
February 2015
On-time repayments
52 installments • 19%
I am the first born in a family of 3 children and I grew up in the slums of Nairobi whereby life was hard because my parents were unemployed. My father passed on when I had joined secondary school and so I had to drop out of school and support my mother to take care of my siblings. I secured a casual job where I worked hard and used my salary to support my mother and partly put aside to enable me resume secondary school.
My employer allowed me to join school and work after school and over the weekend. I struggled with various challenges and finally completed and continued work and started saving so that I could establish a business which will enable me to earn more money and provide quality life to my mother who is sick because of old age.
I started shoes repair business as I had the passion and their was need in the community because no one offered the services. My business has been in existence for over 4 years and it involves repair and offering polishing services to the local residents. I have completed training in leather work and now want to start producing shoes as well as repairing which will enable me to increase my profit which I intend to use to offer good medical care for my mother as well as start my own family and in the long run expand my business into big shoe production.
My business involves repair and making of shoes and the demand for the products is high because very few business people are involved in the business thus I intend to use part of my savings and Zidisha loan to buy a second hand sewing machine at $ 85. The machine will enable me to produce various kind of children ,women and men shoes thus offer my customers alternatives to choose from. This will increase my profit which I will use to support my sick mother as well as expand my business so that I can start my own family.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 13, 2015
Repayment status
On Time
Projected term
3 months
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Amount repaid
$51.94
Amount remaining
$0.00
Date repaid
Apr 25, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 22, 2015 | $3.24 | Feb 22, 2015 | $3.24 |
Mar 1, 2015 | $3.24 | Feb 22, 2015 | $0.87 |
Mar 1, 2015 | $2.38 | ||
Mar 8, 2015 | $3.24 | Mar 1, 2015 | $0.96 |
Mar 19, 2015 | $2.29 | ||
Mar 15, 2015 | $3.24 | Mar 19, 2015 | $3.24 |
Mar 22, 2015 | $3.24 | Mar 19, 2015 | $0.91 |
Mar 24, 2015 | $2.33 | ||
Mar 29, 2015 | $3.24 | Mar 24, 2015 | $3.22 |
Apr 9, 2015 | $0.02 | ||
Apr 5, 2015 | $3.24 | Apr 9, 2015 | $3.24 |
Apr 12, 2015 | $3.24 | Apr 9, 2015 | $3.24 |
Apr 19, 2015 | $3.24 | Apr 9, 2015 | $3.24 |
Apr 26, 2015 | $3.24 | Apr 9, 2015 | $1.02 |
Apr 25, 2015 | $2.22 | ||
May 3, 2015 | $3.24 | Apr 25, 2015 | $3.24 |
May 10, 2015 | $3.24 | Apr 25, 2015 | $3.24 |
May 17, 2015 | $3.24 | Apr 25, 2015 | $3.24 |
May 24, 2015 | $3.24 | Apr 25, 2015 | $3.24 |
May 31, 2015 | $3.24 | Apr 25, 2015 | $3.24 |
Jun 7, 2015 | $3.28 | Apr 25, 2015 | $3.28 |
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