Entrepreneur
Name
Daniel
Member since
February 2017
On-time repayments
128 installments • 44%
About Me
Hello Lenders, my name is Daniel Barasa, a young graduate striving to better my life through self-employement, i am a very determined person, self motivated and very hard working, i am a graduate of Business education and as i continue looking for employment, i have started am Shop and M-pesa business with which i have been earning my income. I wish that my business grows to become even a company someday, and it is because of this dream that i am looking for extra finances so that my business can be able to run smoothly and serve my customers even more efficiently, so i hope you lenders consider me and walk with me through this journey. I promise you that i will invest this funds properly and will keep repaying my loans on time. And i also promise that incase of any unforeseeen difficulties, which i hope will not arise, i will sincerely log in here and explain. One day, i will look back and say, yes! Zidisha realy helped me and held my hand to grow in business. Thank you in advance as you consider my application.
My Business
I run a Shop and M-pesa business, M-pesa is a mobile money transfer service in kenya offered by Safaricom. This business needs me to have sufficient float in order to serve my customers well in terms of accepting customers deposits and facilitating of withdrawals. the funds you loan me will therefore be invested in the business as float to help me run smoothly. I have also introduced a Shop in my M-pesa so that as customers withdraw funds from their mobile wallets, they may also shop for the items and commodities that they need. The shop section for now is mainly dealing with fast moving commodities such as sugar, salt, soap, flour, cooking oil, body lotions and oils, rice, detergents, etc. Am hoping that as i keep moving forward with Zidisha, i may introduce even more commodities.
Loan Proposal
First, am happy to report that with the previous loans i have been getting and the resulting profits that i made, they have enabled me to introduce a new retail shop section in my business where i sell fast moving commodities such as sugar, rice, flour, soap, coocking oil, etc. Therefore, for this loan that i am sourcing, part of the money i will invest as working float in my Mpesa mobile money transfer section where customers will be able to deposit and withdraw funds to/from their mobile wallets, and i will earn commision for facilitating those transactions. Part of the loan i will use it to buy more stock of commodities from wholesales and re-sell them in my shop at retail prices in smaller quantities and hence also make a profit margin. The profits that i will get will still be re-invested in the business and also pay for the loan, part of the profit will also be used to cater for my living expenses and pay school fees for my brother who is completing his O-level in November this year.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Sep 10, 2017
Repayment status
Late
Projected term
43 months
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Summary
Amount repaid
$16.35
Amount remaining
$128.94
Expected completion
Nov 24, 2019
Status
Repaying late
Installment amount
$16.14
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 17, 2017 | $0.99 | Sep 27, 2017 | $0.99 |
| Sep 24, 2017 | $0.00 | ||
| Oct 1, 2017 | $0.99 | Oct 1, 2017 | $0.99 |
| Oct 8, 2017 | $0.00 | ||
| Oct 15, 2017 | $0.00 | ||
| Oct 22, 2017 | $0.00 | ||
| Oct 29, 2017 | $0.00 | ||
| Nov 5, 2017 | $0.00 | ||
| Nov 12, 2017 | $0.49 | Nov 11, 2017 | $0.49 |
| Nov 19, 2017 | $0.49 | Nov 19, 2017 | $0.49 |
| Nov 26, 2017 | $0.49 | Nov 30, 2017 | $0.49 |
| Dec 3, 2017 | $0.49 | Dec 5, 2017 | $0.49 |
| Dec 10, 2017 | $0.00 | ||
| Dec 17, 2017 | $0.00 | ||
| Dec 24, 2017 | $0.00 | ||
| Dec 31, 2017 | $0.00 | ||
| Jan 7, 2018 | $0.30 | Jan 7, 2018 | $0.30 |
| Jan 14, 2018 | $0.30 | Jan 14, 2018 | $0.30 |
| Jan 21, 2018 | $0.30 | Jan 21, 2018 | $0.30 |
| Jan 28, 2018 | $0.30 | Jan 28, 2018 | $0.30 |
| Feb 4, 2018 | $0.30 | Feb 4, 2018 | $0.30 |
| Feb 11, 2018 | $0.30 | Feb 14, 2018 | $0.30 |
| Feb 18, 2018 | $0.30 | Feb 18, 2018 | $0.30 |
| Feb 25, 2018 | $0.30 | Feb 26, 2018 | $0.30 |
| Mar 4, 2018 | $0.30 | Mar 5, 2018 | $0.30 |
| Mar 11, 2018 | $0.30 | Mar 12, 2018 | $0.30 |
| Mar 18, 2018 | $0.30 | Mar 22, 2018 | $0.30 |
| Mar 25, 2018 | $0.30 | Mar 22, 2018 | $0.30 |
| Apr 1, 2018 | $0.00 | ||
| Apr 8, 2018 | $0.00 | ||
| Apr 15, 2018 | $0.00 | ||
| Apr 22, 2018 | $0.00 | ||
| Apr 29, 2018 | $0.00 | ||
| May 6, 2018 | $0.00 | ||
| May 13, 2018 | $0.00 | ||
| May 20, 2018 | $0.00 | ||
| May 27, 2018 | $0.00 | ||
| Jun 3, 2018 | $0.00 | ||
| Jun 10, 2018 | $0.01 | Jun 6, 2018 | $0.01 |
| Jun 17, 2018 | $0.01 | Jun 19, 2018 | $0.01 |
| Jun 24, 2018 | $0.01 | Jun 26, 2018 | $0.01 |
| Jul 1, 2018 | $0.00 | ||
| Jul 8, 2018 | $0.00 | ||
| Jul 15, 2018 | $0.00 | ||
| Jul 22, 2018 | $0.00 | ||
| Jul 29, 2018 | $0.00 | ||
| Aug 5, 2018 | $0.00 | ||
| Aug 12, 2018 | $0.00 | ||
| Aug 19, 2018 | $0.00 | ||
| Aug 26, 2018 | $0.00 | ||
| Sep 2, 2018 | $0.00 | ||
| Sep 9, 2018 | $0.00 | ||
| Sep 16, 2018 | $0.00 | ||
| Sep 23, 2018 | $0.00 | ||
| Sep 30, 2018 | $0.00 | ||
| Oct 7, 2018 | $0.00 | ||
| Oct 14, 2018 | $0.10 | Oct 14, 2018 | $0.10 |
| Oct 21, 2018 | $0.00 | ||
| Oct 28, 2018 | $0.00 | ||
| Nov 4, 2018 | $0.00 | ||
| Nov 11, 2018 | $0.00 | ||
| Nov 18, 2018 | $0.00 | ||
| Nov 25, 2018 | $0.00 | ||
| Dec 2, 2018 | $0.00 | ||
| Dec 9, 2018 | $0.00 | ||
| Dec 16, 2018 | $0.00 | ||
| Dec 23, 2018 | $0.00 | ||
| Dec 30, 2018 | $0.00 | ||
| Jan 6, 2019 | $0.00 | ||
| Jan 13, 2019 | $0.00 | ||
| Jan 20, 2019 | $0.00 | ||
| Jan 27, 2019 | $0.00 | ||
| Feb 3, 2019 | $0.00 | ||
| Feb 10, 2019 | $0.00 | ||
| Feb 17, 2019 | $0.00 | ||
| Feb 24, 2019 | $0.00 | ||
| Mar 3, 2019 | $0.00 | ||
| Mar 10, 2019 | $0.00 | ||
| Mar 17, 2019 | $0.00 | ||
| Mar 24, 2019 | $0.00 | ||
| Mar 31, 2019 | $0.00 | ||
| Apr 7, 2019 | $0.49 | Apr 9, 2019 | $0.49 |
| Apr 14, 2019 | $0.49 | May 22, 2019 | $0.49 |
| Apr 21, 2019 | $0.49 | May 22, 2019 | $0.49 |
| Apr 28, 2019 | $0.49 | May 22, 2019 | $0.49 |
| May 5, 2019 | $0.49 | May 22, 2019 | $0.49 |
| May 12, 2019 | $0.30 | May 22, 2019 | $0.30 |
| May 19, 2019 | $0.30 | May 22, 2019 | $0.30 |
| May 26, 2019 | $0.30 | Jun 4, 2019 | $0.30 |
| Jun 2, 2019 | $0.30 | Jun 4, 2019 | $0.30 |
| Jun 9, 2019 | $0.30 | Jun 11, 2019 | $0.30 |
| Jun 16, 2019 | $0.30 | Jun 20, 2019 | $0.30 |
| Jun 23, 2019 | $0.30 | Jul 10, 2019 | $0.30 |
| Jun 30, 2019 | $0.30 | Jul 10, 2019 | $0.30 |
| Jul 7, 2019 | $0.30 | Jul 10, 2019 | $0.30 |
| Jul 14, 2019 | $0.30 | Jul 30, 2019 | $0.30 |
| Jul 21, 2019 | $0.30 | Jul 30, 2019 | $0.30 |
| Jul 28, 2019 | $0.30 | Jul 30, 2019 | $0.30 |
| Aug 4, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Aug 11, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Aug 18, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Aug 25, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Sep 1, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Sep 8, 2019 | $0.30 | Sep 11, 2019 | $0.30 |
| Sep 15, 2019 | $0.30 | Oct 1, 2019 | $0.30 |
| Sep 22, 2019 | $0.30 | Oct 1, 2019 | $0.30 |
| Sep 29, 2019 | $0.30 | Oct 1, 2019 | $0.30 |
| Oct 6, 2019 | $16.14 | ||
| Oct 13, 2019 | $16.14 | ||
| Oct 20, 2019 | $16.14 | ||
| Oct 27, 2019 | $16.14 | ||
| Nov 3, 2019 | $16.14 | ||
| Nov 10, 2019 | $16.14 | ||
| Nov 17, 2019 | $16.14 | ||
| Nov 24, 2019 | $15.93 | ||
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