Purchasing motorbike for transporting cereals,cabbages,charcoal from the market to restaurant
John
Nakuru, Kenya
15% repaid
Entrepreneur
Name
John
Member since
January 2014
On-time repayments
55 installments • 64%
About Me
My name is John Ruiru icome from nakuru , bahati scheem . I am married in a monogamous family and we are blessed with lovely daughter. I went murungaru primary school for eight years completing my primary level in 2003. After my primary level , I passed well and adimitted in st johns secondary school in 2004. I completed my o lever in 2008 but I lacked money for further studies. Immediately after finishing my o level I was employed in a hotel as a waiter. I did this job for two years then I dicided to set up my own hotel business in 2010 which I am doing up to date
My Business
Smiles hotel was started in 2010. It has been ran now for 3 years under my management . I have employed two employees in this hotel to service a cook and a waiter. When the business has gone up, it gives me a profit of a thousand shilling having bought commodities for cooking tomorrow. During the time when it has gone down, it gives me a profit of seven to eight hundred shillings, generally it does well all through out the year.so i have the confidence in my business that it will enable me to repay the loan i am requesting.
Loan Proposal
first i am taking this moment to thank all of you lenders and zidisha at large for being such a reliable partner in my business life.
i am hereby applying for onother loan after the other one expired bbefore it was fully funded, i am applying for a loan of KES 38,295 or USD 450.i would like to use this loan to purchase a motor bike that will help me in many ways. first i will be riding from home to my working place and then back home. This way in will be able to save bus fare and energy. Secondly i will be using it for transportation of cereals, cabbages and charcoal from the market to the restraunt. Therefore saving transportation cost. Besides i will be using it to fetch water from the water source one kilometer away and hence saving money paid to the labourers.
Dear lenders, you have supported me before and you can do it again because we are partners. Keep doing good when you have the chance because it is a blessing.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$444.00
Date disbursed
Sep 4, 2014
Repayment status
Late
Projected term
7 months
Other loans
Lenders
Gold River, Canada
Belfast, United Kingdom
Republic of Korea
United States
Germany
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Summary
Amount repaid
$74.71
Amount remaining
$411.68
Expected completion
Apr 15, 2015
Status
Repaying late
Installment amount
$22.99
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 17, 2014 | $5.75 | Sep 17, 2014 | $1.72 |
| Sep 18, 2014 | $4.02 | ||
| Sep 24, 2014 | $5.75 | Sep 25, 2014 | $5.75 |
| Oct 1, 2014 | $5.75 | Oct 2, 2014 | $5.75 |
| Oct 8, 2014 | $5.75 | Oct 9, 2014 | $5.75 |
| Oct 15, 2014 | $5.75 | Oct 18, 2014 | $5.75 |
| Oct 22, 2014 | $5.75 | Oct 30, 2014 | $5.75 |
| Oct 29, 2014 | $5.75 | Oct 30, 2014 | $5.75 |
| Nov 5, 2014 | $5.75 | Nov 26, 2014 | $5.75 |
| Nov 12, 2014 | $5.75 | Nov 26, 2014 | $5.75 |
| Nov 19, 2014 | $5.75 | Nov 26, 2014 | $5.75 |
| Nov 26, 2014 | $5.75 | Nov 26, 2014 | $5.75 |
| Dec 3, 2014 | $5.75 | Dec 12, 2014 | $5.75 |
| Dec 10, 2014 | $5.75 | Dec 12, 2014 | $5.75 |
| Dec 17, 2014 | $0.00 | ||
| Dec 24, 2014 | $22.99 | ||
| Dec 31, 2014 | $22.99 | ||
| Jan 7, 2015 | $22.99 | ||
| Jan 14, 2015 | $22.99 | ||
| Jan 21, 2015 | $22.99 | ||
| Jan 28, 2015 | $22.99 | ||
| Feb 4, 2015 | $22.99 | ||
| Feb 11, 2015 | $22.99 | ||
| Feb 18, 2015 | $22.99 | ||
| Feb 25, 2015 | $22.99 | ||
| Mar 4, 2015 | $22.99 | ||
| Mar 11, 2015 | $22.99 | ||
| Mar 18, 2015 | $22.99 | ||
| Mar 25, 2015 | $22.99 | ||
| Apr 1, 2015 | $22.99 | ||
| Apr 8, 2015 | $22.99 | ||
| Apr 15, 2015 | $43.86 | ||
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