Kibet Machuki
Eldoret, Kenya
100% repaid
Name
Kibet Machuki
Member since
September 2016
On-time repayments
203 installments • 35%
I was brought up in a Christian family in Nakuru,went through primary ,secondary and university level.I hold a Bachelor's Degree in Economics.
I went through various hurdles in life and later ventured into a small business using little capital.
I love my culture as it's the only culture that accepts any individual. Love playing football.
I have a business that deals with clothes for all genders and shoes for women. I get the clothes monthly from USA and some from Uganda and Tanzania then sell in Kenya. The items are in huge demand and I have lately been trying to increase my stock and luckily it's working out well and want to do more and more. I chose the business because of the less competition , profitability and also because of a potential market(Students from the nearby University and also the local communities).
Costs incurred is roughly Ksh.205500 and a gross profit of Ksh.420000 is realized.These profits have greatly improved thanks to Zidisha for boosting my stock and thus resulting to increased earnings. I use the profits to reinvest into the business by increasing stock and also paying my siblings school fees.
Currently, demand is so overwhelming on the women clothes section. I am going to use this amount to improve the stock on the women section which I seriously need to meet the current demand.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$155.00
Date disbursed
Nov 11, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Amount repaid
$154.94
Amount remaining
$0.00
Date repaid
Feb 6, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 20, 2016 | $15.11 | Nov 29, 2016 | $15.11 |
Nov 27, 2016 | $15.11 | Nov 29, 2016 | $15.11 |
Dec 4, 2016 | $5.04 | Dec 4, 2016 | $5.04 |
Dec 11, 2016 | $2.01 | Dec 11, 2016 | $2.01 |
Dec 18, 2016 | $2.01 | Dec 18, 2016 | $2.01 |
Dec 25, 2016 | $10.07 | Dec 25, 2016 | $10.07 |
Jan 1, 2017 | $2.01 | Jan 7, 2017 | $2.01 |
Jan 8, 2017 | $2.01 | Jan 7, 2017 | $0.08 |
Jan 12, 2017 | $0.99 | ||
Jan 12, 2017 | $0.95 | ||
Jan 15, 2017 | $2.01 | Jan 12, 2017 | $0.04 |
Jan 16, 2017 | $1.00 | ||
Jan 16, 2017 | $0.81 | ||
Jan 16, 2017 | $0.17 | ||
Jan 22, 2017 | $2.01 | Jan 16, 2017 | $0.19 |
Jan 16, 2017 | $0.03 | ||
Jan 23, 2017 | $1.01 | ||
Jan 23, 2017 | $0.79 | ||
Jan 29, 2017 | $0.02 | Jan 23, 2017 | $0.02 |
Feb 5, 2017 | $43.31 | Jan 28, 2017 | $43.31 |
Feb 12, 2017 | $54.19 | Feb 6, 2017 | $54.19 |
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