Vehicle for food distribution

Daniel Maingi

Umoja, Kenya

73% repaid

Entrepreneur

Name

Daniel Maingi

Location

Umoja, Kenya

On-time repayments

80 weekly installments  •  91%

About Me

born in mwea gategi i went to school in the village and later i managed to join lenana school and went to jomo kenyatta university where i did course information technology .i love technology and its my dream that one day i will have a big venture that empowers other youth in terms of job creation to enable them also earn a living .

My Business

Got a loan and managed to stock my mpesa phone .4years down the line I sold the shop and bought a taxi(cab) which I employed someone to drive in Nairobi.the cab makes Ksh 2000 per day thus Ksh 12,000 per week.have run the business for years and managed to buy a second cab and yet employed a driver.now making Ksh 24,000 per week .
Due to the covid 19 I have also added my big Toyota wish to my feet of cabs and I will be driving it to make more money and the government has gone easy on working hours that more business.now running 3vehicles making ksh 6000 per day.

Loan Proposal

I would like to do brading of the new extra vehicle that I have added to my feet of cabs now making them 3 cabs.the new cabs has a capacity of 7people but will use it for goods and food stuff distribution then also carry people has an extra income generator activity.brading needs payment of design work .will also add new tyres the rear ones

Income Source

The kenyan government has opened working hours to normal and people need food even during the pandemic.the new cab wil help in food distribution and also parcel not forgetting people have no move from point A to B .I already have 2 cabs and adding the new one I will have 3 vehicles on the road making ksh 6,000 per day.in a week that's ksh 36,000.

Feedback

None

None

None

Lenders

Babbitt Family Foundation

Sioux Falls, SD, United States

Danny Su

United States

hervey liu

United States

Sayuri

United Kingdom

Gabriel Fenili

Santo André, Brazil

Freewolf

Salt Lake City, United States

Darren Jeppson

Denver, Colorado, United States

Theo

Zürich, Switzerland

Carrie

Arlington, MA, United States

Mark Rowlatt

Peterborough, UK, United Kingdom

Nethanel Kohen

NYC, United States

Jane

Ontario, Canada

Dean Suminski

Portland, Oregon, United States

Haroon S

United States

Mark Grey

Redding, CT, United States

Salvatore Martello

New York, New York, United States

Sinan Taifour

Munich, Germany, Germany

Melissa K

Portland, Oregon, United States

Issy

United Kingdom

HCPSPIRIT

Helsinki, Finland

Cloudways

Malta, Malta

Carla

United States

Craig

Memphis, TN, United States

Thomas

Sweden, Sweden

cyrus0302

San Francisco, United States

Eugen Stamm

Zurich, Switzerland

ads68

Melbourne, Australia

JOKer

Weisendorf, Germany

chriseyre

Fremont, Ca, United States

moursund

Beaver Nation, United States

Kristin Rhodes

Kansas City, Kansas, United States

Mike and Jacqui

United Kingdom

JonB

London, United Kingdom

Michelle

Sydney, Australia

SuperMario28

Cudahy, United States

sderickson

Berkeley, CA, United States

Dave Bogard

New York, United States

pvilliger

Zurich, Switzerland

PolarBearCapital

United States

Lisbeth

Perth, Australia

mikeice

Kohler, United States

xtrahardware

Cazenovia, United States

GuillaumeTeissier

Montréal, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

camilberlin

Berlin, Germany

davidt

San Francisco, United States

fairspirit

Utrecht, Netherlands

Maxey

Amstelveen, Netherlands

Christopher

Copenhagen, Denmark

juliemartha

Lake Mary, United States

Jouni

Finland

cattlebaron

Pierre, SD, United States

G D Export

Kolkata, India

tycho

Madison, WI, United States

joerg

Berlin, Germany

P

Peter

United States

HE

help each other

Glasgow, United Kingdom

C

chrisherron

Chicago, United States

R

RMIM

United States

I

isaac

United Kingdom

JF

J Fister

United States

AF

a f

washington, United States

F

FHult

Stockholm, Sweden

L

Lennert

Alphen aan den Rijn, Netherlands

JS

Jason Strauss

United States

R

Rahima

United States

BJ

Brandon Joz

North Carolina, United States

KK

Kurt Kellner

United States

B

bugdaniel

Switzerland

CP

Colin Pardue

United States

WS

Warren Shen

United States

JH

Joseph Hwang

Houston, United States

L

ldron7

Utah, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

D

Dalton

San Francisco, United States

AR

Aaron Rowe

United Kingdom

JA

Jan Andresen

Hamburg, Germany

U

UTLonghorn

Lincoln, United States

DK

Daniel Kalla

Saint Paul, United States

VC

Victor Chong

United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

SK

Sunghwan Kim

Republic of Korea

H

Haley

United States

L

leniwiec

Poznan, Poland

B

briansedz

Canton, Ohio, United States

ME

Manaal Eisa

Washington DC, United States

L

Leonora

TÄBY, Sweden

S

Sarah

Arlington, United States

R

roozbeh

United States

L

Liam

New Zealand

PR

Priscilla Rathbone

Seattle, Washington, United States

D

dcheung

San Francisco, United States

A

Anonymous

United States

C

cyrilleberger

Gammalkil, Sweden

MF

Mike Frawley

United States

C

cranejoad

cazenovia, United States

RC

Rudi Chen

United States

S

SvenWaage

Stavanger, Norway

J

JakeA

Wellington, New Zealand

S

SelvaMarcus

Green Cove Springs, United States

S

SheilaB

Nashville, United States

D

derek

United States

O

oonbug

United States

T

Tallago3

Munich, Germany

V

VJ

Canberra, Australia

P

prehders

Hamburg, Germany

B

BClay

Campbell, United States

SH

Steven Huntington

London, United Kingdom

RG

Ravi Gadad

United States

AD

Alex Dean

United States

H

HLCharityFund

United Kingdom

HL

Harris Lin

New Zealand

MC

Melissa Corrigan

Richmond, California, United States

S

Stephan

Netherlands

JR

Jose Ramirez

World, Spain

A

amnesiac

Adelaide, Australia

TO

Thomas O'Neil

United States

Show all

Loan Info

Disbursed amount

$837.61

Date disbursed

Jun 13, 2020

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Service fee: 10% of $837.61 = $75.31

Credit risk payment: $112.96

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