Motor cycle

Abdulkarim

Nakuru County, Kenya

100% repaid

Entrepreneur

Name

Abdulkarim

Member since

January 2014

On-time repayments

236 installments  •  71%

About Me

I am abdulkarim shaaban.i come from a humble family of 7 members.i am the second born.i reside in freehold estate in Nakuru county.i studied at Kabarak university located in Nakuru county.i attained second class honors in bachelor of commerce finance option.i have also studied certified public accounts and finished the whole course.i am now a certified accountant.i work as an accountant in transport logistics company in Mombasa county.my work entails recording expenses and income,filing returns to the Kenya revenue authority(KRA) and supervise other employees.from the 5years experience i have achieved in the transport business,i now plan to start my own with a small capital that God willing will achieve from this organisation.

My Business

My monthly salary from employment is ksh.40,000 which translate to almost $400 dollars per month.from the proceed i anticipate to get from the organization ,i intend to purchase a public service vehicle worth ksh.450,000 which translate to $4,500.the vehicle is commonly known in our country as tuktuk.it ferries commuters withing the town for some fee.If all goes well the tuktuk will be able to cover its expenses,be able to repay itself,and in the long run make enough profit to be able to purchase another one.some of the expenses that will arise from the operation of the tuktuk is salary for the driver,fuel,municipal license,insurance and mechanical repairs.the tuktuk will be able to generate a monthly income of ksh.30,000 and monthly cost of 10,000.I plan also to cheap part of my salary to boost the loan repayment to be able finish repaying in the earliest time possible.Looking forward for your consideration.

Loan Proposal

If given the loan i will expand my motorcycle business by adding another motorcycle to the already exisiting 3.This way my returns will increase and be able also to create employment by employing a motorcylce driver.the motorcycle driver will be earning sh.500 per day which is totalling to 15,000 per month.this way i will be helping the community interms of employment.the earnings from the motorcylce will greatly improve my financial standings and increase the stability of my business.just like i paid my other loans in time i will surely do pay this one also in time inorder to climb a step a higher in my credit rating.looking forward for quick assistance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$264.00

Date disbursed

Aug 5, 2015

Repayment status

On Time

Projected term

21 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$275.88

Amount remaining

$0.00

Date repaid

Aug 3, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 16, 2015 $3.00 Aug 10, 2015 $3.00
Aug 23, 2015 $3.00 Aug 10, 2015 $3.00
Aug 30, 2015 $3.00 Aug 10, 2015 $3.00
Sep 6, 2015 $3.00 Aug 10, 2015 $3.00
Sep 13, 2015 $3.00 Aug 10, 2015 $3.00
Sep 20, 2015 $3.00 Sep 3, 2015 $3.00
Sep 27, 2015 $3.00 Sep 3, 2015 $3.00
Oct 4, 2015 $3.00 Sep 3, 2015 $3.00
Oct 11, 2015 $3.00 Sep 3, 2015 $3.00
Oct 18, 2015 $3.00 Sep 3, 2015 $3.00
Oct 25, 2015 $3.00 Oct 3, 2015 $3.00
Nov 1, 2015 $3.00 Oct 3, 2015 $3.00
Nov 8, 2015 $3.00 Oct 3, 2015 $3.00
Nov 15, 2015 $3.00 Oct 3, 2015 $3.00
Nov 22, 2015 $3.00 Oct 3, 2015 $3.00
Nov 29, 2015 $3.00 Nov 5, 2015 $3.00
Dec 6, 2015 $3.00 Nov 5, 2015 $3.00
Dec 13, 2015 $3.00 Nov 5, 2015 $3.00
Dec 20, 2015 $3.00 Nov 5, 2015 $3.00
Dec 27, 2015 $3.00 Nov 5, 2015 $3.00
Jan 3, 2016 $3.00 Nov 30, 2015 $3.00
Jan 10, 2016 $3.00 Nov 30, 2015 $3.00
Jan 17, 2016 $3.00 Nov 30, 2015 $2.50
Nov 30, 2015 $0.50
Jan 24, 2016 $3.00 Nov 30, 2015 $3.00
Jan 31, 2016 $3.00 Nov 30, 2015 $3.00
Feb 7, 2016 $3.00 Feb 6, 2016 $3.00
Feb 14, 2016 $3.00 Feb 6, 2016 $3.00
Feb 21, 2016 $3.00 Feb 6, 2016 $3.00
Feb 28, 2016 $3.00 Feb 6, 2016 $3.00
Mar 6, 2016 $3.00 Feb 6, 2016 $3.00
Mar 13, 2016 $3.00 Mar 5, 2016 $3.00
Mar 20, 2016 $3.00 Mar 5, 2016 $3.00
Mar 27, 2016 $3.00 Mar 5, 2016 $3.00
Apr 3, 2016 $3.00 Mar 5, 2016 $3.00
Apr 10, 2016 $3.00 Mar 5, 2016 $3.00
Apr 17, 2016 $3.00 Apr 28, 2016 $3.00
Apr 24, 2016 $3.00 Apr 28, 2016 $3.00
May 1, 2016 $3.00 Apr 28, 2016 $3.00
May 8, 2016 $3.00 Apr 28, 2016 $3.00
May 15, 2016 $3.00 Apr 28, 2016 $3.00
May 22, 2016 $3.00 May 21, 2016 $3.00
May 29, 2016 $3.00 May 21, 2016 $3.00
Jun 5, 2016 $3.00 May 21, 2016 $3.00
Jun 12, 2016 $3.00 May 21, 2016 $3.00
Jun 19, 2016 $3.00 May 21, 2016 $3.00
Jun 26, 2016 $3.00 May 21, 2016 $3.00
Jul 3, 2016 $3.00 May 21, 2016 $3.00
Jul 10, 2016 $3.00 May 21, 2016 $3.00
Jul 17, 2016 $3.00 May 21, 2016 $3.00
Jul 24, 2016 $3.00 May 21, 2016 $3.00
Jul 31, 2016 $3.00 Aug 3, 2016 $3.00
Aug 7, 2016 $3.00 Aug 3, 2016 $3.00
Aug 14, 2016 $3.00 Aug 3, 2016 $3.00
Aug 21, 2016 $3.00 Aug 3, 2016 $3.00
Aug 28, 2016 $3.00 Aug 3, 2016 $3.00
Sep 4, 2016 $3.00 Aug 3, 2016 $3.00
Sep 11, 2016 $3.00 Aug 3, 2016 $3.00
Sep 18, 2016 $3.00 Aug 3, 2016 $3.00
Sep 25, 2016 $3.00 Aug 3, 2016 $3.00
Oct 2, 2016 $3.00 Aug 3, 2016 $3.00
Oct 9, 2016 $3.00 Aug 3, 2016 $3.00
Oct 16, 2016 $3.00 Aug 3, 2016 $3.00
Oct 23, 2016 $3.00 Aug 3, 2016 $3.00
Oct 30, 2016 $3.00 Aug 3, 2016 $3.00
Nov 6, 2016 $3.00 Aug 3, 2016 $3.00
Nov 13, 2016 $3.00 Aug 3, 2016 $3.00
Nov 20, 2016 $3.00 Aug 3, 2016 $3.00
Nov 27, 2016 $3.00 Aug 3, 2016 $3.00
Dec 4, 2016 $3.00 Aug 3, 2016 $3.00
Dec 11, 2016 $3.00 Aug 3, 2016 $3.00
Dec 18, 2016 $3.00 Aug 3, 2016 $3.00
Dec 25, 2016 $3.00 Aug 3, 2016 $3.00
Jan 1, 2017 $3.00 Aug 3, 2016 $3.00
Jan 8, 2017 $3.00 Aug 3, 2016 $3.00
Jan 15, 2017 $3.00 Aug 3, 2016 $3.00
Jan 22, 2017 $3.00 Aug 3, 2016 $3.00
Jan 29, 2017 $3.00 Aug 3, 2016 $3.00
Feb 5, 2017 $3.00 Aug 3, 2016 $3.00
Feb 12, 2017 $3.00 Aug 3, 2016 $3.00
Feb 19, 2017 $3.00 Aug 3, 2016 $3.00
Feb 26, 2017 $3.00 Aug 3, 2016 $3.00
Mar 5, 2017 $3.00 Aug 3, 2016 $3.00
Mar 12, 2017 $3.00 Aug 3, 2016 $3.00
Mar 19, 2017 $3.00 Aug 3, 2016 $3.00
Mar 26, 2017 $3.00 Aug 3, 2016 $3.00
Apr 2, 2017 $3.00 Aug 3, 2016 $3.00
Apr 9, 2017 $3.00 Aug 3, 2016 $3.00
Apr 16, 2017 $3.00 Aug 3, 2016 $3.00
Apr 23, 2017 $3.00 Aug 3, 2016 $3.00
Apr 30, 2017 $3.00 Aug 3, 2016 $3.00
May 7, 2017 $3.00 Aug 3, 2016 $3.00
May 14, 2017 $2.88 Aug 3, 2016 $2.88
May 21, 2017 $0.00

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