Name
Eric
Member since
January 2014
On-time repayments
184 installments • 71%
My Name Is Eric Wambugu. I am the first born in a family of four siblings. I am 30 old and a Travel Consultant with 10 years’ experience in the industry. I work in Nairobi town, the capital city on Kenya. I am married and a father of one daughter who is one year and eight months old.
I generally have a passion for the transport Industry which led me to invest in a Passenger Service Vehicle (PSV) and have been running this business since 2011 to provide extra income for me and my Family.
This year in may i managed to buy a piece of land at a place called isinya and i set up a green house. Its an eight of an acre and have planted tomatoes. I am also able to provide for my siblings and also my parents.
I wish to use this platform to get funds to expand my business having paid my previous Zidisha loans on time.
Part of my income source includes my salary from my job as a travel consultant.
I also run a Passenger Service Vehicle (PSV) business commonly referred to as Matatu(a fourteen seater van) business here in Kenya.
Basically my matatu plies route between Central Business District(Nairobi) to the outskirts of Town(Ngong). The business has employed two people: Driver and Conductor who collects payments from passengers.
Passengers in kenya always opt to use matatu’s, since they are faster and fill up fast as compared to the thirty three or thirty seven seater buses. The matatu's also makes quick turn-arounds and several trips compared to buses, thus an ideal competitor.
The business generates about $ 20/day gross and a net of $ 15/day.
From my job through the sacco and the matatu business, i managed to buy an eighth of an acre piece of land and bought a green house through a company called Nguzo international. The best thing about Nzuzo is that they manage the farm for you and even have a ready market for the produce. The contract with them is for five years and its renewable. Again, the crops are insured through an insurance company called jubilee insurance. They provide watering equipment, garden horse, hose connectors. water weep hose, coil hoses, PVC pipe fittings and sidllings all at a cost of USD 3000. The income is between USD 300-350 monthly.
I wish to apply for a loan of USD 1950 to purchase another green house, i will add the difference 1050 from my savings.
I plan to buy a greenhouse through a company called Nguzo international. The best thing about Nzuzo is that they manage the farm for you and even have a ready market for the produce. The contract with them is for five years and its renewable. Again, the crops are insured through an insurance company called jubilee insurance. They provide watering equipment, garden horse, hose connectors. water weep hose, coil hoses, PVC pipe fittings and sidllings all at a cost of USD 3000. The income is between USD 300-350 monthly.
I wish to apply for a loan of USD 1950 to purchase another green house, i will add the difference 1050 from my savings.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,969.00
Date disbursed
Nov 6, 2016
Repayment status
Late
Projected term
15 months
Other loans
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Amount repaid
$866.79
Amount remaining
$1,102.60
Expected completion
Feb 15, 2018
Status
Repaying late
Installment amount
$30.22
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 17, 2016 | $30.22 | Nov 17, 2016 | $30.22 |
Nov 24, 2016 | $30.22 | Nov 24, 2016 | $20.15 |
Nov 25, 2016 | $10.07 | ||
Dec 1, 2016 | $30.22 | Dec 3, 2016 | $30.22 |
Dec 8, 2016 | $30.22 | Dec 17, 2016 | $30.22 |
Dec 15, 2016 | $30.22 | Dec 25, 2016 | $30.22 |
Dec 22, 2016 | $30.22 | Dec 25, 2016 | $30.22 |
Dec 29, 2016 | $30.22 | Dec 30, 2016 | $30.22 |
Jan 5, 2017 | $30.22 | Jan 5, 2017 | $30.22 |
Jan 12, 2017 | $30.22 | Jan 8, 2017 | $8.56 |
Jan 13, 2017 | $21.66 | ||
Jan 19, 2017 | $30.22 | Jan 13, 2017 | $5.54 |
Jan 19, 2017 | $24.68 | ||
Jan 26, 2017 | $30.22 | Jan 19, 2017 | $6.55 |
Feb 15, 2017 | $23.67 | ||
Feb 2, 2017 | $30.22 | Feb 15, 2017 | $6.55 |
Feb 17, 2017 | $23.67 | ||
Feb 9, 2017 | $30.22 | Feb 17, 2017 | $6.55 |
Mar 22, 2017 | $23.67 | ||
Feb 16, 2017 | $30.22 | Mar 22, 2017 | $30.22 |
Feb 23, 2017 | $30.22 | Mar 22, 2017 | $30.22 |
Mar 2, 2017 | $30.22 | Mar 22, 2017 | $30.22 |
Mar 9, 2017 | $30.22 | Mar 22, 2017 | $6.55 |
Apr 7, 2017 | $23.67 | ||
Mar 16, 2017 | $30.22 | Apr 7, 2017 | $30.22 |
Mar 23, 2017 | $30.22 | Apr 7, 2017 | $30.22 |
Mar 30, 2017 | $30.22 | Apr 7, 2017 | $30.22 |
Apr 6, 2017 | $30.22 | Apr 7, 2017 | $30.22 |
Apr 13, 2017 | $30.22 | Apr 7, 2017 | $6.55 |
Apr 12, 2017 | $23.67 | ||
Apr 20, 2017 | $30.22 | Apr 12, 2017 | $5.54 |
Apr 18, 2017 | $24.68 | ||
Apr 27, 2017 | $30.22 | Apr 18, 2017 | $30.22 |
May 4, 2017 | $30.22 | Apr 18, 2017 | $30.22 |
May 11, 2017 | $30.22 | Apr 18, 2017 | $5.54 |
May 3, 2017 | $24.68 | ||
May 18, 2017 | $30.22 | May 3, 2017 | $5.54 |
May 23, 2017 | $15.11 | ||
Jun 23, 2017 | $9.57 | ||
May 25, 2017 | $30.22 | Jun 23, 2017 | $30.22 |
Jun 1, 2017 | $30.22 | Jun 23, 2017 | $20.65 |
Jun 8, 2017 | $30.22 | ||
Jun 15, 2017 | $30.22 | ||
Jun 22, 2017 | $30.22 | ||
Jun 29, 2017 | $30.22 | ||
Jul 6, 2017 | $30.22 | ||
Jul 13, 2017 | $30.22 | ||
Jul 20, 2017 | $30.22 | ||
Jul 27, 2017 | $30.22 | ||
Aug 3, 2017 | $30.22 | ||
Aug 10, 2017 | $30.22 | ||
Aug 17, 2017 | $30.22 | ||
Aug 24, 2017 | $30.22 | ||
Aug 31, 2017 | $30.22 | ||
Sep 7, 2017 | $30.22 | ||
Sep 14, 2017 | $30.22 | ||
Sep 21, 2017 | $30.22 | ||
Sep 28, 2017 | $30.22 | ||
Oct 5, 2017 | $30.22 | ||
Oct 12, 2017 | $30.22 | ||
Oct 19, 2017 | $30.22 | ||
Oct 26, 2017 | $30.22 | ||
Nov 2, 2017 | $30.22 | ||
Nov 9, 2017 | $30.22 | ||
Nov 16, 2017 | $30.22 | ||
Nov 23, 2017 | $30.22 | ||
Nov 30, 2017 | $30.22 | ||
Dec 7, 2017 | $30.22 | ||
Dec 14, 2017 | $30.22 | ||
Dec 21, 2017 | $30.22 | ||
Dec 28, 2017 | $30.22 | ||
Jan 4, 2018 | $30.22 | ||
Jan 11, 2018 | $30.22 | ||
Jan 18, 2018 | $30.22 | ||
Jan 25, 2018 | $30.22 | ||
Feb 1, 2018 | $30.22 | ||
Feb 8, 2018 | $30.22 | ||
Feb 15, 2018 | $5.14 |
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