Entrepreneur
Name
Kaime
Member since
January 2015
On-time repayments
57 installments • 16%
About Me
I am Kaime Kiptoo, first born in a family of four. I am married with one child. I do not come from a well off family. A single parent has brought me up. Due to financial constraints, I was forced to go to the northern arid part of Kenya to attain my primary and secondary school education because school fees were affordable. That is what challenged me to work harder and I attained a good grade. After my A’ level I undertook a postgraduate course in Analytical Chemistry and Management. I was employed in a public secondary school as a laboratory technician. The money I was earning from the job was not enough to gather for my family that is why I opted to look for another job and I was employed with Safaricom Telecommunication Company as a sales man. From my salary savings, I started a small retail shop with pharmaceutical drugs, laboratory chemicals, and reagents. I live in Rift valley, Trans-nzoia County, Kitale town. The land is very productive in agriculture especially farming i.e. maize and its even referred to as the granary of Kenya. My son wants to be architecture in future. My hobbies include; cooking, reading scientific and listening/watching music.
My Business
My shop is located along Moi Avenue in Kitale town centre. I deal in; pharmaceutical, apparatus and drugs. I started my business in the year 2013 after saving a capital of $620 from my two jobs. Due to the location of the shop in the centre of kitale town I enjoy the high demand since most highly populated estates are within thus easy to access my shop. I run my business, with a total monthly income of around $350 out of which $150 is profit. I am advantaged because I always ensure excellent customer relations and offer fair prices to ensure that I maintain my customers. I use the profits in my business to pay rent and paying my sales personnel. I also restock the drugs, apparatus and reagents. The risks the business faces include price fluctuations and changes in customer demands. These are handled by buying stock in bulk when prices are fair to avoid very high prices that in turn affect customers and buying the commodities that customers need at different times respectively.
Loan Proposal
When granted Zidisha loan i will use it to purchase laboratory apparatus I already have some but they are not enough and in adding them i will be able to serve many patients and improve my efficiency in terms of service delivery.It will also generate more profits thus allowing me to be effective and reliable ,beat competition from other firms and help me pay my loan in time.
estimated budget
Volumetric flask worth @ $9 x 5 = $45
Drugs stock increase =$55
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 26, 2015
Repayment status
Late
Projected term
14 months
Lenders
Bridgton, United States
United States
United States
Central Iowa, United States
Summary
Amount repaid
$61.18
Amount remaining
$50.67
Expected completion
Mar 27, 2016
Status
Repaying late
Installment amount
$1.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 8, 2015 | $10.21 | Feb 7, 2015 | $10.21 |
| Feb 15, 2015 | $10.21 | Feb 14, 2015 | $10.21 |
| Feb 22, 2015 | $10.21 | Feb 22, 2015 | $10.21 |
| Mar 1, 2015 | $10.21 | Feb 28, 2015 | $10.21 |
| Mar 8, 2015 | $10.21 | Mar 7, 2015 | $10.21 |
| Mar 15, 2015 | $0.00 | ||
| Mar 22, 2015 | $4.49 | Mar 22, 2015 | $4.49 |
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $2.25 | Apr 13, 2015 | $2.25 |
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $1.12 | May 3, 2015 | $1.12 |
| May 10, 2015 | $1.12 | May 9, 2015 | $1.12 |
| May 17, 2015 | $1.12 | Jun 21, 2015 | $1.12 |
| May 24, 2015 | $1.12 | ||
| May 31, 2015 | $1.12 | ||
| Jun 7, 2015 | $1.12 | ||
| Jun 14, 2015 | $1.12 | ||
| Jun 21, 2015 | $1.12 | ||
| Jun 28, 2015 | $1.12 | ||
| Jul 5, 2015 | $1.12 | ||
| Jul 12, 2015 | $1.12 | ||
| Jul 19, 2015 | $1.12 | ||
| Jul 26, 2015 | $1.12 | ||
| Aug 2, 2015 | $1.12 | ||
| Aug 9, 2015 | $1.12 | ||
| Aug 16, 2015 | $1.12 | ||
| Aug 23, 2015 | $1.12 | ||
| Aug 30, 2015 | $1.12 | ||
| Sep 6, 2015 | $1.12 | ||
| Sep 13, 2015 | $1.12 | ||
| Sep 20, 2015 | $1.12 | ||
| Sep 27, 2015 | $1.12 | ||
| Oct 4, 2015 | $1.12 | ||
| Oct 11, 2015 | $1.12 | ||
| Oct 18, 2015 | $1.12 | ||
| Oct 25, 2015 | $1.12 | ||
| Nov 1, 2015 | $1.12 | ||
| Nov 8, 2015 | $1.12 | ||
| Nov 15, 2015 | $1.12 | ||
| Nov 22, 2015 | $1.12 | ||
| Nov 29, 2015 | $1.12 | ||
| Dec 6, 2015 | $1.12 | ||
| Dec 13, 2015 | $1.12 | ||
| Dec 20, 2015 | $1.12 | ||
| Dec 27, 2015 | $1.12 | ||
| Jan 3, 2016 | $1.12 | ||
| Jan 10, 2016 | $1.12 | ||
| Jan 17, 2016 | $1.12 | ||
| Jan 24, 2016 | $1.12 | ||
| Jan 31, 2016 | $1.12 | ||
| Feb 7, 2016 | $1.12 | ||
| Feb 14, 2016 | $1.12 | ||
| Feb 21, 2016 | $1.12 | ||
| Feb 28, 2016 | $1.12 | ||
| Mar 6, 2016 | $1.12 | ||
| Mar 13, 2016 | $1.12 | ||
| Mar 20, 2016 | $1.12 | ||
| Mar 27, 2016 | $1.24 | ||
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