Purchase of a refridgerator

Vincent

Kakamega Shivakala, Kenya

41% repaid

Entrepreneur

Name

Vincent

Member since

January 2016

On-time repayments

74 installments  •  74%

About Me

I was born in Shivakala village in 1991 as a forth born child in a family of seven, four boys and three girls of whom the third born girl passed on when she was still an infant. I started by education in Shivakala primary school in 1997 and did my Kenya certificate of primary education in 2008. After my primary education i trained as a mason and latter as a driver. I was employed by as a motor cycle operator in 2011 and after in 2013 after managing to save some money i bought my own motor bike that i am currently using for my daily business. Kakamega town is a growing town and most of its feeder roads are not tarmac so making public transport a challenge and their is where i come in handy i am married and look forward to having kids, i love traveling.

My Business

After training as a driver i was employed as a motor bike operator for three years, during that time i was able to save money and in 2013 i got my own motor bike and that's where i make my income. i make an average of Ksh. 600 ($6) per day and spend an average of Ksh.200 ($2) on petrol when i am within town. i choose this kind of business because of the increasing demand for fast and reliable transport to the feeder roads. The proceeds from my business have helped me build my own house pay for merry go round weekly, pay for liabilities.

Loan Proposal

i would like to purchase a refrigerator at a cost of Ksh.30000 ($300) this will help me in food storage in the house and also boost my milk business. I have a freshian heifer that is in-calf due for September and i am expecting alot of milk so the refrigerator will help me with milk storage.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$316.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

7 months

Lenders

C

ColoradoSkier

Denver, United States

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$127.67

Amount remaining

$186.60

Expected completion

Apr 22, 2018

Status

Repaying late

Installment amount

$9.82

Repayment History

Expected Payments Actual Payments
Sep 17, 2017 $9.82 Sep 18, 2017 $9.82
Sep 24, 2017 $9.82 Sep 25, 2017 $9.82
Oct 1, 2017 $9.82 Oct 10, 2017 $9.82
Oct 8, 2017 $9.82 Oct 17, 2017 $9.82
Oct 15, 2017 $9.82 Oct 24, 2017 $9.82
Oct 22, 2017 $9.82 Oct 29, 2017 $9.82
Oct 29, 2017 $9.82 Nov 7, 2017 $9.82
Nov 5, 2017 $9.82 Nov 15, 2017 $9.82
Nov 12, 2017 $9.82 Nov 15, 2017 $9.82
Nov 19, 2017 $9.82 Nov 20, 2017 $9.82
Nov 26, 2017 $9.82 Dec 3, 2017 $9.82
Dec 3, 2017 $9.82 Dec 3, 2017 $9.82
Dec 10, 2017 $9.82 Dec 3, 2017 $9.82
Dec 17, 2017 $9.82
Dec 24, 2017 $9.82
Dec 31, 2017 $9.82
Jan 7, 2018 $9.82
Jan 14, 2018 $9.82
Jan 21, 2018 $9.82
Jan 28, 2018 $9.82
Feb 4, 2018 $9.82
Feb 11, 2018 $9.82
Feb 18, 2018 $9.82
Feb 25, 2018 $9.82
Mar 4, 2018 $9.82
Mar 11, 2018 $9.82
Mar 18, 2018 $9.82
Mar 25, 2018 $9.82
Apr 1, 2018 $9.82
Apr 8, 2018 $9.82
Apr 15, 2018 $9.82
Apr 22, 2018 $9.82

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