Motor bike purchase

Paul Mutie

Kasarani, Nairobi, Kenya, Kenya

100% repaid

Entrepreneur

Name

Paul Mutie

Location

On-time repayments

346 weekly installments  •  86%

About Me

I am a 31 years old , married with one child. Professionally i am a Realtor and proprietor at Scopah Enterprises Limited. I was born and raised by struggling parents but they gave all their efforts to ensure that me and everyone in the family could enjoy the basic needs and education. Myself i studied up to high school level for my parents could not afford to get me passed that but i did not give up. I found my way to Nairobi through a friend who housed me for several months before introducing me to this grate man who taught me through the essentials of Real Estate and gave me a chance of working under him. During this period he saw my interest in this field and encouraged me to start classes. I am now a proud Diploma holder in Real Estate but my boss and the person who introduced me in this field did not live long enough to see how far i could go, he sadly passed on in September 2015 through cancer. With over 8 years experience i have decided that am ready to venture in this market and i have had progressive meetings with a friend in the same field and are in the final stages of registering our own company. My friend and partner to be has over 15 years experience in the same field and our aim is to combine our efforts in developing our young firm with a target to becoming one of the leading real estate firms in Kenya by the next 10 years. I am a big fan of business documentaries and also a soccer lover. Besides i love exercising and reading news papers and magazines. It has been a long journey so far but am not giving up till i see my self up there with the best entrepreneurs!

My Business

Scopah Enterprises is my business that that has been in operation for about 4 years now. In this business i deal with the fast moving consumer goods. I chose this kind of business after conducting a feasibility study over a period of six months which led me to concluding that this are basic goods and people will need them in their homes day in day out. Through my business i was able to generate monthly profit of about $500 but your first loan saw my profit go up by 8%. Your second funding of my project enable my profits grow with another 12% and your third lending grew my profit with about 16%. I am currently enjoying monthly profits of about $800 of which i spend $115 for rent, $125 i pay myself a salary, $115 i pay my wife who runs the business, $40 takes care of utility bills, $100 goes for savings and the rest goes for reinvestment in growing the business. During this period we have been in operation we have seen tremendous growth most which is all because of your funding.

Loan Proposal

With your previous loan having enabled my business to grow to about $695 i have though it wise to look for my private mode of transport that will help me in running my business. I was advised by my financial consultant to not strain myself too much and start with a motor bike for i do not have enough money to purchase a business car. This motor bike will enable me transport goods from some of my suppliers to my shop, help to deliver goods to customers who order in large quantities of course at a small fee and also transport people from one place to another. My estimate is to see my business through this mode of transportation grow with about 15% bringing my earnings to about $800 in the next three and a half months.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$448.84

Date disbursed

Aug 3, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $22.44

Lenders

rebecca

Chapin SC, United States

N

nani

austin, United States

Dianne

Maryville, United States

J

johans

Malmö, Sweden

C

CWS

Huntington beach, ca, United States

E

Errol

Bradenton, FL, United States

H

Hilke

Bremen, Germany

valentin

Stockholm, Sweden

Eduardo

Langenthal, Switzerland

Ishaque

New Jersey, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

A

ahnante

Yokohama, Japan

torelizer

Reggio Emilia, Italy

Veronika

victoria, Canada

malcolm D

grants pass, United States

S

Spassmacher

46244 Bottrop, Germany

G

glosoli

Boston, United States

AdamP

Sunnyvale, United States

BelleStarr

Albuquerque, United States

G

garrybuck

Oro Valley, United States

D

drjofleming

UK, United Kingdom

E

Ehaffey

Washington D.C., United States

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

S

shuBVU

Kitakyushu, Japan

Straetman

Kaarst, Germany

Rocketdrive

Eugene, Oregon, United States

J

jozua

Delft, Netherlands

traciyoshiyama

Honolulu, United States

B

bizarresmom

Willowick, United States

F

Fiodal

Helsinki, Finland

Hakayati

Dublin, Ireland

I

Interfree

Dubai, United Arab Emirates

F

faical

Cologne, Germany

Y

Yoggs

Columbus, United States

T

traderjohn

Baltimore, United States

Tjitser

The Hague, Netherlands

C

ComixAttic

Detroit, United States

mike123riley

Palo Alto, United States

H

Hynek

Brussels, Belgium

J

jjcharlie

chicago, United States

R

rcmssr

Woodbury, United States

Pere

Barcelona, Spain

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

quozl

Dublin, Ireland

Foxjam

St. Paul, United States

C

cjmenchaca

Austin, United States

OliverSouthwick

London, United Kingdom

Kysera

Crawfordsville, United States

T

thejacobnorton

Jubail, Saudi Arabia

C

chrisn

Egg, Switzerland

HansLindgren

Uppsala, Sweden

TheWhiteCat

Surrey, United Kingdom

S

SelvaMarcus

Green Cove Springs, United States

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

S

SeanWolfPack

Raleigh, United States

indeh

London, United Kingdom

athomas

Chevy Chase, United States

kickerofelves

Sao Paulo, Brazil

P

penguin3694

Chicago, United States

R

rpmccarthy

Sydney, Australia

N

nichsafti

Menlo Park, United States

A

Andersson

Sölvesborg, Sweden

handshake

Los Angeles, United States

M

michaelangers

Toronto, Canada

Bruno

São Paulo, Brazil

doflynn

Dublin, Ireland

Eduard

Dnepr, Ukraine

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

S

sersche

Zurich, Switzerland

J

Jopar

Corroios, Portugal

A

Adam3333

Hague, Netherlands

M

memorissima

milano, Italy

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

K

kikusin

Shanghai, China

Muslim

Riyadh, Saudi Arabia

JPadgett

Chandler, United States

isabelv

Barcelona, Spain, Sweden

Nadja

Weissach, Germany

iamdaimo

London, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

M

mmisoo

Nova Dubnica, Slovakia

gseletko

South Perth, Australia

S

Smith

Kespu'kwitik, Canada

F

Forfex

Zurich, Switzerland

mojobob

Hayward, United States

V

Volpone

Geneva, Switzerland

A

adamtj

toronto, Canada

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

GuillaumeTeissier

Montréal, Canada

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

J

jinx83

Brisbane, Australia

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

H

Haavard

Bergen, Norway

B

bwitt

Berkeley, United States

M

MarkKrakow

Joliet, United States

M

mrjamesg

London, United Kingdom

B

Bobbylite87

Anniston, United States

G

GanSatya

United States

D

dcb1987

Chicago, United States

B

BobHope

United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

G

gbelote

United States

D

drorm

United States

G

geoff

United States

S

spivurno

United States

M

meric

Australia

S

science4sail

United States

Paul Buchheit

Mountain View, United States

S

SimonAngus

South Africa

M

Michi

Switzerland

J

jay12

Germany

K

Karpet

Faroe Islands

M

marcof

Netherlands

M

maverick

United States

joshuacollinson

Vienna, Austria

A

ajayhk

San Jose, United States

J

jbhernan

United States

H

hodor

Australia

mepster

San Francisco, Ca, United States

GMc50

Australia

M

madeleinec

United States

A

Arkad

United States

TyWee

Manila, Philippines

A

AlphaAres

Azerbaijan

G

GDean

United States

D

DStateDDB

United States

W

wesbh89

United States

S

SaraNT

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

A

Akowal

United States

J

jdelaporte

United States

A

AlexH

United Kingdom

dpollard

United States

S

SCHAC

Switzerland

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

B

beegkitty

United States

M

M.Umar

Pakistan

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

B

Byron

United States

Vana R

Ireland

Sherri Quinn

North Saint Paul, United States

SMOICE

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

H

Hakon

Drammen, Norway

BE

Bob Ewing

United States

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