Repair items for the car

Vincent

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Vincent

Member since

February 2017

On-time repayments

16 installments • 69%

About Me

Am a holder of bachelor of commerce degree.
Had to sacrifice alot to achieve my desire dream.
I managed to secure a loan from bank to start my business.
I like reading novels and am very eager to learn something new.
I would want my children to grow in an environment different from the harsh condition I went through.

My Business

Am in transport industry earning ksh10,000-15,000 per day.this is before deducting expenses. Thus profit is ksh 5000. But still during boom period I may make more than this..such season are during holidays....closure of schools....and also when the car is on hire.
I use the profit to pay my college fee and other personal expenses.

Loan Proposal

I intend tq buy spare parts for the vehicle.
Having such items will reduce break down.
Such improvements will make the car more efficient.
Thus more yield and customers get well at the end of the journey.
Also this enhance customers loyalty and easy forgetting new clients
The spare cost may be 500dollars thus loan limit of 788dollars is okay

Feedback

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BernadetteV Jul 8, 2017

Loan repaid as promised

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Feb 2017: $5

Jul 2017: $8

Lenders

MarktheMormon

Sandy, Utah, United States

BernadetteV

France

ufrieser

Germany

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Michael Oct 23, 2017

Dear Lenders,

I have spoken to Vincent omotos community leader mr. Justus Mudindi since vincent never picks up my calls nowadays, i have requested him to speak to Mr. Omoto and ask him why he hasnt been paying his premiums for some time now, i am expecting a response by evening so i will updating you all as soon as possible, thank you.

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Michael Sep 22, 2017

Dear Lenders,

Vincent omoto is not picking up my calls, will try calling him later and check up on his progress, will update you once i get feedback from him, thank you

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Michael Aug 31, 2017

Dear Lenders, have contacted Omoto, he has promised to pay before the week ends. thank you

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Vincent Jul 21, 2017

i was in a position to service my car up to standard and this has really improved it's performance thus more income

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BernadetteV likes this.
Vincent Jul 7, 2017

the current instalment period i had do take a lot of time in settlement. i need an installment that will be shorter, and this will also increase my loan limit.

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Vincent Jul 7, 2017

I received 788KES, which helped me to buy more items i needed at my business.
I appreciate Zidisha for this support and i will highly recommend them to other borrowers.

Thanks so much!

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Michael Jul 3, 2017

Vincent Omoto has been out of the country for some time now doing his business, he has told me that he was not in a position to pay his premiums since he was somewhere that had no network reception for his current service provider Safaricom limited. He has promised to pay up latest by tomorrow evening. Thank you

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Vincent May 20, 2017

I do appreciate the effort taken to review my loan thus leading to its approval.
Thanks so much.

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Vincent Apr 2, 2017

I used the loan to re-brand my business car. this has attracted more clients thus increasing my monthly returns

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