New motorbike taxi & bricks to build a home
Vincent
Kisii Town, Bomwada, Kenya
13% repaid
Entrepreneur
Name
Vincent
Member since
August 2012
On-time repayments
162 installments • 44%
About Me
My names are Vincent Momanyi Kenanda, I was born in Kisii County, Kisii South District, Suneka Division, Bogiakumu Location, Bomwanda Sub-location, Kenyambi Village,I was born on 26/1983, and I joined primary school that I completed in 1999 and got my Primary certificate. In the year 2000 I joined Gusii Highlights Secondary School and completed in the year 2003. Year 2004 I joined my College where I did Information Technology and got my Certificate in 2005. In 2009 I started my business as Internet Cyber cafe and 2010 collapsed when I got road accident that broke both my legs and stayed long months in Hospital and the business was sold.
I am a married man with my beloved wife Abigael, we have 4 kids three grils and a last born boy. The three os my kids are in school at St. Benedict Academy Kisii Town, Next to The Stephens Hotel.
My Business
I am currently having 2 TVS motorbikes for mainly for business as mode of transport within the Kisii County Municipality, this type of business has a high demand because the motorbike are very convenient compared to mini buses and taxis and also cheap within short routes compared the prices to a taxi. My customers prefer my business because my riders are experienced and have Licence, they are also maintaining hygiene in terms of cleanness, both themselves and the motorbike, The motorbikes are also installed with a radio system that most customers like to be entertained while on ride.
This business is profitable because of daily fixed amount I make from each Motorbike out of this money I spend 800 for the service every after 2 weeks. The risks which are their is that if you do not follow up and inspect the riders during the service day, they will not take the motorbike instead they will consume the money and inform you that the service is done and therefore through this way the Motorbike will be at risk to spoil the Engine due to lack of old oil replacement and other crucial parts.
I want to add more 2 Motorbikes once I get a loan as gradually my limit loan will be increasing as I will committe myself to repay in time, in this way am also creating job opportunities for young and Ambitious men who are above 18 years old without a job.
Loan Proposal
Dearest Lenders,
I am very much thankful for all your support to my previous loan and now it has reached a time that am requesting you all again to support me raise another loan which have posted the bid online and my proposal is as follows:-
Transportation
*Honda Motorcycle 1 Pc @ KES 98,000 - USD $1,105.56
*Comprehensive Insurance 1 year @ KES 10,000 - USD $112.812
Total = KES 108,000 - $1,218.37
Construction of a New House
*Bricks 1 pc @ KES 10x4000pcs = 40,000 -USD $451.248
*Loading & offloading of bricks 8,000 - USD $90.2496
*Transport @ KES 14,000 - USD $157.937
*Total = KES 62,000 - USD $699.434
TOTAL PROPOSED BUDGET = KES 170,000 - USD $1,917.80
Once again am very much thankful for your heartfelt support and through this support it has builded my life and family a step a head.
Thank you all.
Regards
Vincent VM Kenya
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,850.00
Date disbursed
Dec 15, 2014
Repayment status
Late
Projected term
29 months
Other loans
Lenders
Raleigh, United States
Amsterdam, Netherlands
Oslo, Norway
North Kansas City, United States
United States
United States
United States
United Kingdom
United States
Baltimore, Maryland, United States
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Vincent a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$436.52
Amount remaining
$2,916.10
Expected completion
May 14, 2017
Status
Repaying late
Installment amount
$5.62
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 28, 2014 | $22.73 | Dec 27, 2014 | $22.73 |
| Jan 4, 2015 | $22.73 | Dec 27, 2014 | $22.73 |
| Jan 11, 2015 | $22.73 | Dec 27, 2014 | $0.04 |
| Jan 11, 2015 | $22.69 | ||
| Jan 18, 2015 | $22.73 | Jan 11, 2015 | $0.91 |
| Jan 16, 2015 | $21.82 | ||
| Jan 25, 2015 | $22.73 | Jan 16, 2015 | $2.90 |
| Jan 24, 2015 | $19.83 | ||
| Feb 1, 2015 | $22.73 | Jan 24, 2015 | $22.73 |
| Feb 8, 2015 | $2.38 | Jan 24, 2015 | $2.38 |
| Feb 15, 2015 | $22.47 | Feb 19, 2015 | $22.47 |
| Feb 22, 2015 | $0.00 | ||
| Mar 1, 2015 | $5.62 | Mar 3, 2015 | $5.62 |
| Mar 8, 2015 | $5.62 | Mar 6, 2015 | $5.62 |
| Mar 15, 2015 | $5.62 | Mar 6, 2015 | $3.37 |
| Mar 18, 2015 | $2.25 | ||
| Mar 22, 2015 | $5.62 | Mar 18, 2015 | $1.12 |
| Mar 27, 2015 | $4.49 | ||
| Mar 29, 2015 | $5.62 | Apr 2, 2015 | $5.62 |
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $5.62 | Apr 25, 2015 | $5.62 |
| May 3, 2015 | $5.62 | Apr 25, 2015 | $5.62 |
| May 10, 2015 | $5.62 | May 20, 2015 | $5.62 |
| May 17, 2015 | $5.62 | Jun 25, 2015 | $5.62 |
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $5.62 | Jul 6, 2015 | $5.62 |
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $0.00 | ||
| Jul 26, 2015 | $5.62 | Jul 26, 2015 | $5.62 |
| Aug 2, 2015 | $0.00 | ||
| Aug 9, 2015 | $5.62 | Aug 5, 2015 | $5.62 |
| Aug 16, 2015 | $5.62 | Aug 17, 2015 | $5.62 |
| Aug 23, 2015 | $5.62 | Aug 31, 2015 | $5.62 |
| Aug 30, 2015 | $5.62 | Sep 10, 2015 | $5.62 |
| Sep 6, 2015 | $5.62 | Sep 10, 2015 | $5.62 |
| Sep 13, 2015 | $5.62 | Sep 21, 2015 | $5.62 |
| Sep 20, 2015 | $5.62 | Sep 21, 2015 | $5.62 |
| Sep 27, 2015 | $5.62 | Sep 30, 2015 | $5.62 |
| Oct 4, 2015 | $5.62 | Sep 30, 2015 | $5.62 |
| Oct 11, 2015 | $5.62 | Oct 11, 2015 | $5.62 |
| Oct 18, 2015 | $5.62 | Oct 23, 2015 | $5.62 |
| Oct 25, 2015 | $5.62 | Nov 12, 2015 | $5.62 |
| Nov 1, 2015 | $5.62 | Nov 22, 2015 | $5.62 |
| Nov 8, 2015 | $5.62 | Dec 17, 2015 | $5.62 |
| Nov 15, 2015 | $5.62 | Dec 17, 2015 | $5.62 |
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $0.00 | ||
| Dec 13, 2015 | $0.00 | ||
| Dec 20, 2015 | $0.00 | ||
| Dec 27, 2015 | $5.62 | Jan 8, 2016 | $5.62 |
| Jan 3, 2016 | $5.62 | Jan 8, 2016 | $5.62 |
| Jan 10, 2016 | $5.62 | Jan 8, 2016 | $5.62 |
| Jan 17, 2016 | $5.62 | Feb 6, 2016 | $5.62 |
| Jan 24, 2016 | $5.62 | Feb 6, 2016 | $5.62 |
| Jan 31, 2016 | $5.62 | Feb 6, 2016 | $5.62 |
| Feb 7, 2016 | $5.62 | Feb 6, 2016 | $5.62 |
| Feb 14, 2016 | $5.62 | Feb 22, 2016 | $5.62 |
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $0.00 | ||
| Mar 6, 2016 | $0.00 | ||
| Mar 13, 2016 | $5.62 | Mar 19, 2016 | $5.62 |
| Mar 20, 2016 | $5.62 | Mar 26, 2016 | $5.62 |
| Mar 27, 2016 | $5.62 | Apr 17, 2016 | $5.62 |
| Apr 3, 2016 | $5.62 | Apr 17, 2016 | $5.62 |
| Apr 10, 2016 | $0.00 | ||
| Apr 17, 2016 | $0.00 | ||
| Apr 24, 2016 | $0.00 | ||
| May 1, 2016 | $5.62 | May 20, 2016 | $5.62 |
| May 8, 2016 | $5.62 | May 20, 2016 | $5.62 |
| May 15, 2016 | $5.62 | May 26, 2016 | $5.62 |
| May 22, 2016 | $0.00 | ||
| May 29, 2016 | $0.00 | ||
| Jun 5, 2016 | $0.00 | ||
| Jun 12, 2016 | $0.00 | ||
| Jun 19, 2016 | $0.00 | ||
| Jun 26, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Jul 3, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Jul 10, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Jul 17, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Jul 24, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Jul 31, 2016 | $5.62 | Jul 25, 2016 | $5.62 |
| Aug 7, 2016 | $0.00 | ||
| Aug 14, 2016 | $0.00 | ||
| Aug 21, 2016 | $0.00 | ||
| Aug 28, 2016 | $0.00 | ||
| Sep 4, 2016 | $5.62 | Dec 8, 2016 | $5.62 |
| Sep 11, 2016 | $5.62 | Dec 8, 2016 | $5.62 |
| Sep 18, 2016 | $5.62 | ||
| Sep 25, 2016 | $5.62 | ||
| Oct 2, 2016 | $5.62 | ||
| Oct 9, 2016 | $5.62 | ||
| Oct 16, 2016 | $5.62 | ||
| Oct 23, 2016 | $5.62 | ||
| Oct 30, 2016 | $5.62 | ||
| Nov 6, 2016 | $5.62 | ||
| Nov 13, 2016 | $5.62 | ||
| Nov 20, 2016 | $5.62 | ||
| Nov 27, 2016 | $5.62 | ||
| Dec 4, 2016 | $5.62 | ||
| Dec 11, 2016 | $128.96 | ||
| Dec 18, 2016 | $128.96 | ||
| Dec 25, 2016 | $128.96 | ||
| Jan 1, 2017 | $128.96 | ||
| Jan 8, 2017 | $128.96 | ||
| Jan 15, 2017 | $128.96 | ||
| Jan 22, 2017 | $128.96 | ||
| Jan 29, 2017 | $128.96 | ||
| Feb 5, 2017 | $128.96 | ||
| Feb 12, 2017 | $128.96 | ||
| Feb 19, 2017 | $128.96 | ||
| Feb 26, 2017 | $128.96 | ||
| Mar 5, 2017 | $128.96 | ||
| Mar 12, 2017 | $128.96 | ||
| Mar 19, 2017 | $128.96 | ||
| Mar 26, 2017 | $128.96 | ||
| Apr 2, 2017 | $128.96 | ||
| Apr 9, 2017 | $128.96 | ||
| Apr 16, 2017 | $128.96 | ||
| Apr 23, 2017 | $128.96 | ||
| Apr 30, 2017 | $128.96 | ||
| May 7, 2017 | $128.96 | ||
| May 14, 2017 | $11.67 | ||
Loading...