Matatu equipment purchase

Paul

Mombasa Town, Kenya

68% repaid

Entrepreneur

Name

Paul

Member since

October 2017

On-time repayments

32 installments  •  63%

About Me

am a young man born from a peasant farmer in Kenya. am married with two kids and am also the sole bread winner for some of my simplings' children. I am also involved in educating my brothers and sisters children especially those whose parents went before us to the lord.

My Business

I run a matatu business in Kenya (psv) since it's not everyone who can afford a car in this third world country, it's a flourishing business especially in Kenya which is a third world country. my business gives me a gross revenue of ksh 100,000, with 20%of this going to recurrent expenditure like paying salaries , buying spare parts and general maitainance. Currently my unit has some worn out tyres that I would wish to replace in order to increase my units performance efficiency. kindly be part of this noble idea, and I promise to pay back in full all the monies lent to me in time.

Loan Proposal

I plan to repaint one of my units. That expenditure will cost me ksh 25,000 . I shall also make use of the balance to have new cussions in the car so as to improve on the cars comfort and hence make it more appealing to customers.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Feb 1, 2018

Repayment status

Late

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$169.51

Amount remaining

$80.95

Expected completion

Jul 22, 2018

Status

Repaying late

Installment amount

$17.74

Repayment History

Expected Payments Actual Payments
Feb 11, 2018 $17.74 Feb 25, 2018 $17.74
Feb 18, 2018 $17.74 Feb 25, 2018 $17.74
Feb 25, 2018 $17.74 Mar 5, 2018 $17.74
Mar 4, 2018 $17.74 Mar 5, 2018 $17.74
Mar 11, 2018 $17.74 Mar 11, 2018 $17.74
Mar 18, 2018 $17.74 Mar 19, 2018 $17.74
Mar 25, 2018 $17.74 Mar 19, 2018 $17.74
Apr 1, 2018 $17.74 Apr 1, 2018 $17.74
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $4.94 Apr 8, 2018 $4.94
May 27, 2018 $4.94 Apr 8, 2018 $4.94
Jun 3, 2018 $4.94 Apr 8, 2018 $4.94
Jun 10, 2018 $4.94 Apr 8, 2018 $2.93
May 27, 2018 $2.01
Jun 17, 2018 $4.94 May 27, 2018 $4.94
Jun 24, 2018 $17.74 May 27, 2018 $2.93
Jul 1, 2018 $17.74
Jul 8, 2018 $17.74
Jul 15, 2018 $17.74
Jul 22, 2018 $12.93

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