Entrepreneur
Name
Charles
Member since
March 2014
On-time repayments
358 installments • 63%
About Me
I have grown up in Kahawa Wendani and successful completed my higher education in health and fitness instructor.
Am married and blessed with two children who are attending school in local community while my wife is engaged in family business.
I run and manage gym as a business and it involves aerobics, salsa, dances and weight trainings. Revenue generated from the business is used to partly offset family expenses and also saving with intention to expand the business. My wife also contributes towards the family expenses and education for the children so I have less pressure but to concentrate on managing the business.
My Business
I have been employed by reputable organization in the health & fitness industry since I completed my education then with savings from my salary I managed to establish my business which is a gym. My business involves aerobics, salsa, dances and weight trainings. Its both customized and general as it depends with the clients. My gym has limited facilities but now am in the process of acquiring more equipments to accomodate more people. I have also hired a young man who assist in the running of the gym while am offering customized services.
Loan Proposal
I need to buy a new treadmill machine for my gym since most of my clients train for short periods cause they have full time jobs,they afford like an hour or two per day and according to our training program running is very important so I loose a lot of money when they go to other gyms to access the treadmill.With the funds I will get from Zidisha I plan to add to my savings and buy the machine,A friend is selling me the machine at Ksh55,000 and so the amount from zidisha will boost me a lot after adding to my savings.This will improve the turn out to my gym by at least 45% and so paying the loan wont be a problem since my wife is also earning in her business I will have no stress in repaying the loan.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$365.00
Date disbursed
Jul 7, 2014
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
Bremen, Germany
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Summary
Amount repaid
$413.02
Amount remaining
$0.00
Date repaid
Aug 24, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 16, 2014 | $12.86 | Jul 19, 2014 | $12.86 |
| Jul 23, 2014 | $1.09 | Jul 19, 2014 | $1.09 |
| Jul 30, 2014 | $0.00 | ||
| Aug 6, 2014 | $0.00 | ||
| Aug 13, 2014 | $8.14 | Aug 7, 2014 | $8.14 |
| Aug 20, 2014 | $8.14 | Aug 7, 2014 | $8.14 |
| Aug 27, 2014 | $8.14 | Aug 7, 2014 | $6.98 |
| Sep 6, 2014 | $1.16 | ||
| Sep 3, 2014 | $0.47 | Sep 6, 2014 | $0.47 |
| Sep 10, 2014 | $0.00 | ||
| Sep 17, 2014 | $0.00 | ||
| Sep 24, 2014 | $5.81 | Sep 29, 2014 | $5.81 |
| Oct 1, 2014 | $5.81 | Sep 29, 2014 | $5.81 |
| Oct 8, 2014 | $5.81 | Oct 8, 2014 | $5.81 |
| Oct 15, 2014 | $5.81 | Oct 23, 2014 | $5.81 |
| Oct 22, 2014 | $5.81 | Nov 11, 2014 | $5.81 |
| Oct 29, 2014 | $5.81 | Nov 29, 2014 | $5.81 |
| Nov 5, 2014 | $5.81 | Nov 29, 2014 | $5.81 |
| Nov 12, 2014 | $5.81 | Nov 29, 2014 | $5.81 |
| Nov 19, 2014 | $5.81 | Nov 29, 2014 | $5.81 |
| Nov 26, 2014 | $0.00 | ||
| Dec 3, 2014 | $0.00 | ||
| Dec 10, 2014 | $1.74 | Dec 9, 2014 | $1.74 |
| Dec 17, 2014 | $1.74 | Dec 9, 2014 | $1.74 |
| Dec 24, 2014 | $1.74 | Dec 11, 2014 | $1.74 |
| Dec 31, 2014 | $1.74 | Jan 3, 2015 | $1.74 |
| Jan 7, 2015 | $1.74 | Jan 3, 2015 | $1.74 |
| Jan 14, 2015 | $1.74 | Jan 24, 2015 | $1.74 |
| Jan 21, 2015 | $1.74 | Jan 24, 2015 | $1.74 |
| Jan 28, 2015 | $1.74 | Jan 24, 2015 | $1.74 |
| Feb 4, 2015 | $1.74 | Feb 6, 2015 | $1.74 |
| Feb 11, 2015 | $1.74 | Feb 6, 2015 | $1.74 |
| Feb 18, 2015 | $1.74 | Feb 6, 2015 | $1.74 |
| Feb 25, 2015 | $1.74 | Feb 12, 2015 | $1.74 |
| Mar 4, 2015 | $1.74 | Feb 12, 2015 | $1.74 |
| Mar 11, 2015 | $1.74 | Feb 12, 2015 | $1.74 |
| Mar 18, 2015 | $1.74 | Feb 12, 2015 | $1.74 |
| Mar 25, 2015 | $1.74 | Feb 20, 2015 | $1.74 |
| Apr 1, 2015 | $1.74 | Feb 20, 2015 | $1.74 |
| Apr 8, 2015 | $1.74 | Feb 20, 2015 | $1.74 |
| Apr 15, 2015 | $11.63 | Apr 27, 2015 | $11.63 |
| Apr 22, 2015 | $11.63 | Apr 27, 2015 | $11.63 |
| Apr 29, 2015 | $11.63 | Apr 27, 2015 | $11.63 |
| May 6, 2015 | $5.81 | May 7, 2015 | $5.81 |
| May 13, 2015 | $0.00 | ||
| May 20, 2015 | $5.81 | May 18, 2015 | $5.81 |
| May 27, 2015 | $5.81 | May 30, 2015 | $5.81 |
| Jun 3, 2015 | $5.81 | Jun 15, 2015 | $5.81 |
| Jun 10, 2015 | $5.81 | Jun 16, 2015 | $5.81 |
| Jun 17, 2015 | $5.81 | Jun 21, 2015 | $5.81 |
| Jun 24, 2015 | $5.81 | Jun 21, 2015 | $5.81 |
| Jul 1, 2015 | $5.81 | Jun 29, 2015 | $5.81 |
| Jul 8, 2015 | $5.81 | Jul 5, 2015 | $5.81 |
| Jul 15, 2015 | $5.81 | Jul 9, 2015 | $5.81 |
| Jul 22, 2015 | $5.81 | Jul 21, 2015 | $5.81 |
| Jul 29, 2015 | $5.81 | Jul 31, 2015 | $5.81 |
| Aug 5, 2015 | $5.81 | Aug 2, 2015 | $5.81 |
| Aug 12, 2015 | $0.00 | ||
| Aug 19, 2015 | $17.44 | Aug 13, 2015 | $17.44 |
| Aug 26, 2015 | $17.44 | Aug 13, 2015 | $17.44 |
| Sep 2, 2015 | $17.44 | Aug 13, 2015 | $17.44 |
| Sep 9, 2015 | $17.44 | Aug 13, 2015 | $5.81 |
| Aug 19, 2015 | $11.63 | ||
| Sep 16, 2015 | $17.44 | Aug 19, 2015 | $17.44 |
| Sep 23, 2015 | $17.44 | Aug 19, 2015 | $17.44 |
| Sep 30, 2015 | $17.44 | Aug 19, 2015 | $11.63 |
| Aug 24, 2015 | $5.81 | ||
| Oct 7, 2015 | $17.44 | Aug 24, 2015 | $17.44 |
| Oct 14, 2015 | $17.44 | Aug 24, 2015 | $17.44 |
| Oct 21, 2015 | $23.02 | Aug 24, 2015 | $23.02 |
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