New motorbike for my school items distribution service
George
Mbwa Kali Estate,in Rongo Town Of Migori County, Kenya
100% repaid
Entrepreneur
Name
George
Member since
September 2014
On-time repayments
170 installments • 78%
About Me
My name is George Odhiambo Dulo, i was born in lodiani of the then Nakuru town in kenya, we later moved to Eldoret where i grew up, i attended uasin gishu primary school and later kandie primary school, i later joined Ambira high school for my secondary school education .i started doing business immediately after that,to help raise money for my university education ,thats how i ended up in my current business of supplying consumer goods in wholesale to shops and other outlets. i also have a poultry farm and hatchery.my hobby is singing which iam slowly turning into a business.
My Business
I deal with the supply of consumer goods such as school stationeries such as biro pens ,pencils books,household goods of all kinds soaps dertergents tea leaves e.t.c,
these goods are used everyday in our homes and hence they are needed everyday.
I like these kind of business because i sell the goods in bulk and i also make my profit on the spot
I bring in the goods in bulk and my working capital is now ksh 100000 which i intend to improve the expenses are few as i only need to fuel my motorcycle and the cost of eating lunch only, the revenues are nice as i am able to make over ksh 2000 daily and am able to save at least ksh 1000 per day.
i use my profits to improve the business and pay for my university education.
I also run a hatchery and a poultry farm dealing mainly in chickens.
Loan Proposal
Dear lenders , i will use the money to buy a new motorbike to help in my business, i had an old one but i have sold it due to frequent breakdowns, so with the money you will lend me , i will add to the the proceeds i got from the sale of my old motorbike and my little savings to acquire a new motorbike at a price of $900 ( ksh 89999).This will enable me to be more efficient in my distribution of pens , writing books , reading books,sanitary items and grocery items to my customers who in return will sell them to school going children and their parents, so that they will not lack this items at any moment. I expect to save more time due to lack of breakdowns and i will be able to concentrate more on my business, my profits will automatically rise by 20% and i will use the money to help other jobless youths train in my kind of business.Thank you in advance as you plan to lend me ,thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$382.00
Date disbursed
Jan 22, 2016
Repayment status
On Time
Projected term
21 months
Other loans
Lenders
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Summary
Amount repaid
$402.13
Amount remaining
$0.00
Date repaid
Mar 18, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 31, 2016 | $10.00 | Feb 2, 2016 | $10.00 |
| Feb 7, 2016 | $10.00 | Feb 9, 2016 | $10.00 |
| Feb 14, 2016 | $10.00 | Feb 17, 2016 | $10.00 |
| Feb 21, 2016 | $10.00 | Feb 25, 2016 | $10.00 |
| Feb 28, 2016 | $10.00 | Mar 2, 2016 | $10.00 |
| Mar 6, 2016 | $10.00 | Mar 9, 2016 | $10.00 |
| Mar 13, 2016 | $10.00 | Mar 15, 2016 | $10.00 |
| Mar 20, 2016 | $0.00 | ||
| Mar 27, 2016 | $2.00 | Mar 23, 2016 | $2.00 |
| Apr 3, 2016 | $2.00 | Apr 4, 2016 | $2.00 |
| Apr 10, 2016 | $2.00 | Apr 4, 2016 | $2.00 |
| Apr 17, 2016 | $2.00 | Apr 11, 2016 | $2.00 |
| Apr 24, 2016 | $2.00 | Apr 21, 2016 | $2.00 |
| May 1, 2016 | $2.00 | Apr 26, 2016 | $2.00 |
| May 8, 2016 | $2.00 | May 2, 2016 | $2.00 |
| May 15, 2016 | $2.00 | May 10, 2016 | $2.00 |
| May 22, 2016 | $2.00 | May 25, 2016 | $2.00 |
| May 29, 2016 | $2.00 | May 25, 2016 | $2.00 |
| Jun 5, 2016 | $2.00 | Jun 2, 2016 | $2.00 |
| Jun 12, 2016 | $2.00 | Jun 9, 2016 | $2.00 |
| Jun 19, 2016 | $2.00 | Jun 15, 2016 | $2.00 |
| Jun 26, 2016 | $2.00 | Jun 22, 2016 | $2.00 |
| Jul 3, 2016 | $2.00 | Jul 20, 2016 | $2.00 |
| Jul 10, 2016 | $2.00 | Jul 20, 2016 | $2.00 |
| Jul 17, 2016 | $2.00 | Jul 20, 2016 | $2.00 |
| Jul 24, 2016 | $2.00 | Jul 21, 2016 | $2.00 |
| Jul 31, 2016 | $2.00 | Jul 22, 2016 | $2.00 |
| Aug 7, 2016 | $2.00 | Jul 23, 2016 | $2.00 |
| Aug 14, 2016 | $2.00 | Aug 20, 2016 | $2.00 |
| Aug 21, 2016 | $2.00 | Aug 20, 2016 | $2.00 |
| Aug 28, 2016 | $2.00 | Aug 20, 2016 | $2.00 |
| Sep 4, 2016 | $2.00 | Sep 8, 2016 | $2.00 |
| Sep 11, 2016 | $2.00 | Sep 16, 2016 | $2.00 |
| Sep 18, 2016 | $2.00 | Sep 16, 2016 | $2.00 |
| Sep 25, 2016 | $2.00 | Sep 29, 2016 | $2.00 |
| Oct 2, 2016 | $2.00 | Oct 11, 2016 | $2.00 |
| Oct 9, 2016 | $2.00 | Oct 11, 2016 | $2.00 |
| Oct 16, 2016 | $2.00 | Oct 11, 2016 | $2.00 |
| Oct 23, 2016 | $2.00 | Oct 29, 2016 | $2.00 |
| Oct 30, 2016 | $2.00 | Nov 1, 2016 | $2.00 |
| Nov 6, 2016 | $2.00 | Nov 11, 2016 | $2.00 |
| Nov 13, 2016 | $2.00 | Nov 19, 2016 | $2.00 |
| Nov 20, 2016 | $2.00 | Nov 20, 2016 | $2.00 |
| Nov 27, 2016 | $2.00 | Nov 23, 2016 | $2.00 |
| Dec 4, 2016 | $2.00 | Nov 23, 2016 | $2.00 |
| Dec 11, 2016 | $2.00 | Nov 24, 2016 | $2.00 |
| Dec 18, 2016 | $2.00 | Dec 25, 2016 | $2.00 |
| Dec 25, 2016 | $2.00 | Dec 25, 2016 | $2.00 |
| Jan 1, 2017 | $2.00 | Jan 10, 2017 | $2.00 |
| Jan 8, 2017 | $2.00 | Jan 10, 2017 | $2.00 |
| Jan 15, 2017 | $2.00 | Jan 27, 2017 | $2.00 |
| Jan 22, 2017 | $2.00 | Jan 27, 2017 | $2.00 |
| Jan 29, 2017 | $2.00 | Feb 2, 2017 | $2.00 |
| Feb 5, 2017 | $2.00 | Feb 2, 2017 | $2.00 |
| Feb 12, 2017 | $2.00 | Feb 2, 2017 | $2.00 |
| Feb 19, 2017 | $2.00 | Feb 2, 2017 | $2.00 |
| Feb 26, 2017 | $2.00 | Feb 2, 2017 | $2.00 |
| Mar 5, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Mar 12, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Mar 19, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Mar 26, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Apr 2, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Apr 9, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| Apr 16, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| Apr 23, 2017 | $2.00 | Feb 6, 2017 | $1.00 |
| Feb 6, 2017 | $1.00 | ||
| Apr 30, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| May 7, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| May 14, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| May 21, 2017 | $2.00 | Feb 6, 2017 | $2.00 |
| May 28, 2017 | $2.00 | Feb 6, 2017 | $1.00 |
| Feb 9, 2017 | $1.00 | ||
| Jun 4, 2017 | $2.00 | Feb 9, 2017 | $2.00 |
| Jun 11, 2017 | $2.00 | Feb 9, 2017 | $2.00 |
| Jun 18, 2017 | $2.00 | Feb 9, 2017 | $2.00 |
| Jun 25, 2017 | $2.00 | Feb 9, 2017 | $2.00 |
| Jul 2, 2017 | $2.00 | Feb 9, 2017 | $1.00 |
| Feb 22, 2017 | $1.00 | ||
| Jul 9, 2017 | $2.00 | Feb 22, 2017 | $2.00 |
| Jul 16, 2017 | $2.00 | Feb 22, 2017 | $2.00 |
| Jul 23, 2017 | $2.00 | Feb 22, 2017 | $2.00 |
| Jul 30, 2017 | $2.00 | Feb 22, 2017 | $2.00 |
| Aug 6, 2017 | $2.00 | Feb 22, 2017 | $1.00 |
| Feb 23, 2017 | $1.00 | ||
| Aug 13, 2017 | $2.00 | Feb 23, 2017 | $2.00 |
| Aug 20, 2017 | $2.00 | Feb 23, 2017 | $2.00 |
| Aug 27, 2017 | $2.00 | Feb 23, 2017 | $2.00 |
| Sep 3, 2017 | $2.00 | Feb 23, 2017 | $2.00 |
| Sep 10, 2017 | $1.00 | Feb 23, 2017 | $1.00 |
| Sep 17, 2017 | $20.00 | Mar 9, 2017 | $20.00 |
| Sep 24, 2017 | $20.00 | Mar 12, 2017 | $20.00 |
| Oct 1, 2017 | $20.00 | Mar 14, 2017 | $20.00 |
| Oct 8, 2017 | $20.00 | Mar 17, 2017 | $20.00 |
| Oct 15, 2017 | $20.00 | Mar 18, 2017 | $20.00 |
| Oct 22, 2017 | $20.00 | Mar 18, 2017 | $20.00 |
| Oct 29, 2017 | $59.13 | Mar 18, 2017 | $59.13 |
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