New tyre and shock absorber for my motorbike taxi
Said
Malindi, Kenya
100% repaid
Entrepreneur
Name
Said
Member since
February 2015
On-time repayments
292 installments • 55%
About Me
I was brought up in a poor background. Went to primary school and through bursaries completed my secondary level.After school i did some hand jobs to obtain money to take care of myself, help my family and some to pay for my college fees. I ventured in motorcycle transport business (boda boda) services. Am single and like playing football during my free time.
My Business
I do motorcycle transport business services (boda boda) as it is in demand due to lack of access to public transports to homes. Less capital is required to start the business which in return has favorable profits. Revenue per month can be estimated to USD 100 and costs per month USD 30. The profits are used in reinvestment in growing the business and part to cater for my college fees and some home improvements.
Loan Proposal
With the loan I will buy new front tyre and shock absorbers which will cost USD 50 and USD 45 respectively. This will help in areas where there is poor roads and hence help in reduction of daily repairs and maintenance. With these I hope to maintain my customers and the motorbike condition.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$96.00
Date disbursed
Jun 24, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Newport, United States
Taiwan
United States
United States
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Summary
Amount repaid
$101.07
Amount remaining
$0.00
Date repaid
Dec 8, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 5, 2015 | $4.21 | Jul 6, 2015 | $4.21 |
| Jul 12, 2015 | $4.21 | Jul 12, 2015 | $4.21 |
| Jul 19, 2015 | $4.21 | Jul 23, 2015 | $4.21 |
| Jul 26, 2015 | $4.21 | Jul 26, 2015 | $4.21 |
| Aug 2, 2015 | $4.21 | Aug 3, 2015 | $4.21 |
| Aug 9, 2015 | $4.21 | Aug 11, 2015 | $4.21 |
| Aug 16, 2015 | $4.21 | Aug 18, 2015 | $4.21 |
| Aug 23, 2015 | $4.21 | Aug 24, 2015 | $4.21 |
| Aug 30, 2015 | $4.21 | Aug 30, 2015 | $4.21 |
| Sep 6, 2015 | $4.21 | Sep 6, 2015 | $4.21 |
| Sep 13, 2015 | $4.21 | Sep 13, 2015 | $4.21 |
| Sep 20, 2015 | $4.21 | Sep 21, 2015 | $4.21 |
| Sep 27, 2015 | $4.21 | Sep 27, 2015 | $4.21 |
| Oct 4, 2015 | $4.21 | Oct 5, 2015 | $4.21 |
| Oct 11, 2015 | $4.21 | Oct 12, 2015 | $4.21 |
| Oct 18, 2015 | $4.21 | Oct 19, 2015 | $4.21 |
| Oct 25, 2015 | $4.21 | Oct 26, 2015 | $4.21 |
| Nov 1, 2015 | $4.21 | Nov 1, 2015 | $4.21 |
| Nov 8, 2015 | $4.21 | Nov 8, 2015 | $4.21 |
| Nov 15, 2015 | $4.21 | Nov 16, 2015 | $4.21 |
| Nov 22, 2015 | $4.21 | Nov 23, 2015 | $4.21 |
| Nov 29, 2015 | $4.21 | Nov 23, 2015 | $4.21 |
| Dec 6, 2015 | $4.21 | Dec 8, 2015 | $4.21 |
| Dec 13, 2015 | $4.23 | Dec 8, 2015 | $4.23 |
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