New motorbike

Onesmus Mungutu

Embakasi Utawala, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Onesmus Mungutu

Member since

September 2012

On-time repayments

145 installments  •  66%

About Me

I am married man with one child and one wife. My Child is seven year old and in class 3. I love my family very much and that why I work hard to make them happy. I went to school up to form two and I was not able to continue with school because my parents could not be able to pay for my school fee because we were poor and a family of Ten children. I was employed as a posho machine operate after school to help my parent educate my brothers and sister and I did that job for two year and started my own business of selling milk in the year 2006

My Business

I stated my business of selling milk in the year 2006 and my business was dong very well. stated selling 8 creates of milk every day and and now I can sell up to 14 creates of Milk making about KES1000


400 per day on milk only. I diversified my business and started selling bread and know am selling the most popular brand in the market known as super loaf. am able to sell 16 creates of bread every day making a profit of KES650 per day, In a god day I make a profit of KES 950 that is KES 28500 per month. I use this money to pay for the family expenses, and house rent and the rest i invest back to the business

Loan Proposal

Dear Lenders,
I would like to apply for another loan so that I can be able to buy another motorbike for use of transportation.The one that am using currently has gone old and need alot of repairs.Sometimes it has problems and its on rush hours and so orders get delayed.I feel a new motorbike will be fast enough and will enable me to deliver my orders in time

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$388.46

Date disbursed

Feb 6, 2015

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Lender interest: $388.46 at 4.14% annual rate over 14 months = $19.26

Service fee: $18.28

Lenders

Zidisha

Sterling, United States

F

fisaire

Ithaca, United States

N

nullologue

Boston, United States

JesseEXPRESS

Arlington, United States

Moyeji

Australia

Susansfund

Colorado Springs, United States

B

bgj21

Cambridge, United Kingdom

A

aiban

Austin, United States

S

Sabine

Courtenay, Canada

D

doinggood

Missoula, United States

M

mastodons

Chicago, United States

A

Austrian

Graz, Austria

Matthew

New York, NY, United States

S

samuk

Nottingham, United Kingdom

A

Aastra

Los Angeles, United States

K

Kinger

Dublin, Ireland

ATrain

Nashville, United States

W

Woodyrocks

London, United Kingdom

peanut

Halifax, Canada

danielytao

Boston, United States

A

Adembel888

Sydney, Australia

RoryWitt

San Diego, United States

B

BobJames

Toulouse, France

K

Kaz12

Winnipeg, Canada

J

janharg

Garland, Tx, United States

T

ThomasGermany

Wuppertal, Germany

bryancain

Toluca Lake, United States

U

UmSaeed

Southfield, United States

D

Dionne

Pembroke, Bermuda

A

amnesiac

Adelaide, Australia

D

Dave22202

Arlington VA, United States

Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

Cadwah

Barcelona, Spain

W

WellingtonPFClass

Columbus, Oh, United States

C

cescotet

Needham, United States

B

Bluejay

Magrath, Canada

OlyRhys

Olympia, United States

P

Peksa

Espoo, Finland

J

jerryq

Redding, United States

U

UsefulDrivel

Fort Worth, United States

J

jackieric

Folsom, CA, United States

M

moneypatch

Heber City, United States

T

Tui1974

nuenen, Netherlands

K

KHobbs

Austin, United States

HMS_5th_Grade

Honolulu, United States

O

ochunshoney

charlotte, United States

1

1711mp

Brooklyn, United States

Vla911

Milan, Italy

J

Jyoti

Herndon, United States

MikaL

Helsinki, Finland

C

chrono

Toronto, Canada

J

jonesabankwa

Bronx, United States

F

FredBetty

San Antonio, United States

davidt

San Francisco, United States

G

Gwencalon

Garching b. Muenchen, Germany

L

LukeTenney

Mayfield, Australia

GH

Gav H

Langley, Canada

B

Britteva

Oslo, Norway

M

Moamar

Grand Rapids, United States

Stefano Bordin

Milano, Italy

J

javifdezsainz

Madrid, Spain

J

JoeOmundson

Portland, OR, United States

Bobrm2k3

Charleston, United States

Paul Buchheit

Mountain View, United States

Cathy

Melbourne, Australia

M

Maggie

Australia

Ask Onesmus a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...