Entrepreneur
Name
James
Member since
June 2014
On-time repayments
329 installments • 96%
About Me
I am a 47 years old married man with four children; three sons and one daughter.
I work as a minister of the gospel, and am paid a monthly salary, which helps for my upkeep and supporting my family.
Lately, I have found myself straining a little as my children progress to higher levels of education, two of them currently in Secondary School, while the third-born is in a private boarding school. I have therefore had to look for a side job to make ends meet.
My Business
I have been trading in mobile phones in a small way from retailers well known to me, selling a piece at a time and earning a commission.
Having realized my selling skill, I wish to buy a few handsets from him at wholesale price, so that I can sell at retail and earn from the markup as this will be significantly higher than the commission.
I have been selling approx. five handsets a week, earning a commission of approx. $10 per piece, which totals to $50 per week. When I buy the handsets and sell them as my own stock, I will be able to make $20 per piece, which would double my earnings.
My startup costs will be significantly low, as my friend/supplier is willing to store the handsets for me as I do office-to-office deliveries against orders made online/by phone. - I have been using www.olx.co.ke to advertise the phones I sell, a website greatly used in Kenya for person-to-person selling, removing the need for a physical premises.
However, after I have grown sufficient capital, I hope to do car-boot phone sells, from my small car, parking at strategic areas around market centres, and in the long run also have a central distribution shop in the town centre.
Hopefully, this will in the long run help me to cross over to become a Zidisha lender to also also help others who, in future, will wish to start how I have started.
Loan Proposal
I will buy 50 pieces of mobile phones which will each cost me around 10 dollars. I will sell them each at a cost of 15 dollars each making a profit of 5 dollars each. These phones are in high demand and so I will sell 10 pieces a day. In total I will be making a total profit of 50 dollars a day. Thank you.
About Me
I am a 47 years old married man with four children; three sons and one daughter.
I work as a minister of the gospel, and am paid a monthly salary, which helps for my upkeep and supporting my family.
Lately, I have found myself straining a little as my children progress to higher levels of education, two of them currently in Secondary School, while the third-born is in a private boarding school. I have therefore had to look for a side hassle to make ends meet.
My Business
I have been trading in mobile phones in a small way from retailers well known to me, selling a piece at a time and earning a commission.
Having realized my selling skill, I wish to buy a few handsets from him at wholesale price, so that I can sell at retail and earn from the markup as this will be significantly higher than the commission.
I have been selling approx. five handsets a week, earning a commission of approx. $10 per piece, which totals to $50 per week. When I buy the handsets and sell them as my own stock, I will be able to make $20 per piece, which would double my earnings.
My startup costs will be significantly low, as my friend/supplier is willing to store the handsets for me as I do office-to-office deliveries against orders made online/by phone. - I have been using www.olx.co.ke to advertise the phones I sell, a website greatly used in Kenya for person-to-person selling, removing the need for a physical premises.
However, after I have grown sufficient capital, I hope to do car-boot phone sells, from my small car, parking at strategic areas around market centres, and in the long run also have a central distribution shop in the town centre.
Hopefully, this will in the long run help me to cross over to become a Zidisha lender to also also help others who, in future, will wish to start how I have started.
Loan Proposal
I will buy 50 pieces of mobile phones which will each cost me around 10 dollars. I will sell them each at a cost of 15 dollars each making a profit of 5 dollars each. These phones are in high demand and so I will sell 10 pieces a day. In total I will be making a total profit of 50 dollars a day. Thank you.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$585.00
Date disbursed
Apr 5, 2018
Repayment status
Late
Projected term
35 months
Other loans
Lenders
Seattle, Washington, United States
Germany
United States
Denmark
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Summary
Amount repaid
$78.79
Amount remaining
$506.97
Expected completion
Mar 15, 2021
Status
Repaying late
Installment amount
$65.04
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 16, 2018 | $9.85 | Apr 16, 2018 | $9.85 |
| Apr 23, 2018 | $1.98 | Apr 23, 2018 | $1.98 |
| Apr 30, 2018 | $1.98 | May 2, 2018 | $0.99 |
| May 2, 2018 | $0.99 | ||
| May 2, 2018 | $0.01 | ||
| May 7, 2018 | $1.98 | May 2, 2018 | $0.48 |
| May 7, 2018 | $0.99 | ||
| May 7, 2018 | $0.51 | ||
| May 14, 2018 | $1.98 | May 7, 2018 | $0.47 |
| May 28, 2018 | $0.99 | ||
| May 28, 2018 | $0.52 | ||
| May 21, 2018 | $1.98 | May 28, 2018 | $0.46 |
| May 28, 2018 | $0.99 | ||
| May 28, 2018 | $0.53 | ||
| May 28, 2018 | $1.44 | May 28, 2018 | $0.45 |
| May 28, 2018 | $0.99 | ||
| Jun 4, 2018 | $1.00 | Jun 11, 2018 | $0.99 |
| Jun 11, 2018 | $0.01 | ||
| Jun 11, 2018 | $1.00 | Jun 11, 2018 | $0.98 |
| Jun 18, 2018 | $0.02 | ||
| Jun 18, 2018 | $1.00 | Jun 18, 2018 | $0.97 |
| Jun 25, 2018 | $0.03 | ||
| Jun 25, 2018 | $1.00 | Jun 25, 2018 | $0.96 |
| Jun 25, 2018 | $0.04 | ||
| Jul 2, 2018 | $1.00 | Jun 25, 2018 | $0.45 |
| Jul 4, 2018 | $0.54 | ||
| Jul 9, 2018 | $0.44 | Jul 4, 2018 | $0.44 |
| Jul 16, 2018 | $0.50 | Jul 27, 2018 | $0.50 |
| Jul 23, 2018 | $0.50 | Jul 27, 2018 | $0.48 |
| Jul 27, 2018 | $0.02 | ||
| Jul 30, 2018 | $0.50 | Jul 27, 2018 | $0.08 |
| Aug 4, 2018 | $0.42 | ||
| Aug 6, 2018 | $0.50 | Aug 4, 2018 | $0.50 |
| Aug 13, 2018 | $0.50 | Aug 4, 2018 | $0.50 |
| Aug 20, 2018 | $0.05 | Aug 4, 2018 | $0.05 |
| Aug 27, 2018 | $0.49 | Aug 25, 2018 | $0.49 |
| Sep 3, 2018 | $0.49 | Aug 25, 2018 | $0.49 |
| Sep 10, 2018 | $0.49 | Aug 25, 2018 | $0.49 |
| Sep 17, 2018 | $0.49 | Aug 25, 2018 | $0.49 |
| Sep 24, 2018 | $0.49 | Aug 25, 2018 | $0.49 |
| Oct 1, 2018 | $0.49 | Oct 7, 2018 | $0.49 |
| Oct 8, 2018 | $0.49 | Oct 7, 2018 | $0.49 |
| Oct 15, 2018 | $0.49 | Oct 15, 2018 | $0.49 |
| Oct 22, 2018 | $0.49 | Oct 15, 2018 | $0.49 |
| Oct 29, 2018 | $0.49 | Oct 29, 2018 | $0.49 |
| Nov 5, 2018 | $0.49 | Nov 6, 2018 | $0.49 |
| Nov 12, 2018 | $0.49 | Nov 12, 2018 | $0.49 |
| Nov 19, 2018 | $0.49 | Nov 28, 2018 | $0.49 |
| Nov 26, 2018 | $0.49 | Nov 28, 2018 | $0.49 |
| Dec 3, 2018 | $0.00 | ||
| Dec 10, 2018 | $0.49 | Dec 9, 2018 | $0.49 |
| Dec 17, 2018 | $0.49 | Dec 9, 2018 | $0.49 |
| Dec 24, 2018 | $0.49 | Jan 2, 2019 | $0.49 |
| Dec 31, 2018 | $0.49 | Jan 2, 2019 | $0.49 |
| Jan 7, 2019 | $0.49 | Jan 9, 2019 | $0.49 |
| Jan 14, 2019 | $0.49 | Jan 14, 2019 | $0.49 |
| Jan 21, 2019 | $0.49 | Jan 14, 2019 | $0.49 |
| Jan 28, 2019 | $0.49 | Feb 1, 2019 | $0.49 |
| Feb 4, 2019 | $0.49 | Feb 2, 2019 | $0.49 |
| Feb 11, 2019 | $0.49 | Feb 9, 2019 | $0.49 |
| Feb 18, 2019 | $0.99 | Feb 21, 2019 | $0.99 |
| Feb 25, 2019 | $0.99 | Mar 1, 2019 | $0.99 |
| Mar 4, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
| Mar 11, 2019 | $0.99 | Mar 18, 2019 | $0.99 |
| Mar 18, 2019 | $0.99 | Mar 18, 2019 | $0.99 |
| Mar 25, 2019 | $0.99 | Mar 25, 2019 | $0.99 |
| Apr 1, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
| Apr 8, 2019 | $0.99 | Apr 10, 2019 | $0.99 |
| Apr 15, 2019 | $0.99 | Apr 10, 2019 | $0.99 |
| Apr 22, 2019 | $0.99 | Apr 28, 2019 | $0.99 |
| Apr 29, 2019 | $0.99 | Apr 28, 2019 | $0.99 |
| May 6, 2019 | $0.99 | May 3, 2019 | $0.99 |
| May 13, 2019 | $0.99 | May 13, 2019 | $0.99 |
| May 20, 2019 | $0.99 | May 19, 2019 | $0.99 |
| May 27, 2019 | $0.99 | May 19, 2019 | $0.99 |
| Jun 3, 2019 | $0.99 | Jun 1, 2019 | $0.99 |
| Jun 10, 2019 | $0.00 | ||
| Jun 17, 2019 | $0.49 | Jun 11, 2019 | $0.49 |
| Jun 24, 2019 | $0.49 | Jun 11, 2019 | $0.49 |
| Jul 1, 2019 | $0.49 | Jun 11, 2019 | $0.49 |
| Jul 8, 2019 | $0.49 | Jun 11, 2019 | $0.49 |
| Jul 15, 2019 | $0.49 | Jun 11, 2019 | $0.49 |
| Jul 22, 2019 | $0.49 | Jul 24, 2019 | $0.49 |
| Jul 29, 2019 | $0.49 | Jul 24, 2019 | $0.49 |
| Aug 5, 2019 | $0.49 | Aug 3, 2019 | $0.49 |
| Aug 12, 2019 | $0.49 | Aug 3, 2019 | $0.49 |
| Aug 19, 2019 | $0.49 | Aug 19, 2019 | $0.49 |
| Aug 26, 2019 | $0.49 | Aug 25, 2019 | $0.49 |
| Sep 2, 2019 | $0.49 | Aug 25, 2019 | $0.49 |
| Sep 9, 2019 | $0.49 | Sep 7, 2019 | $0.49 |
| Sep 16, 2019 | $0.49 | Sep 7, 2019 | $0.49 |
| Sep 23, 2019 | $0.49 | Sep 24, 2019 | $0.49 |
| Sep 30, 2019 | $0.49 | Sep 29, 2019 | $0.49 |
| Oct 7, 2019 | $0.49 | Sep 29, 2019 | $0.49 |
| Oct 14, 2019 | $0.49 | Sep 29, 2019 | $0.49 |
| Oct 21, 2019 | $0.49 | Sep 29, 2019 | $0.49 |
| Oct 28, 2019 | $0.49 | Sep 29, 2019 | $0.49 |
| Nov 4, 2019 | $0.49 | Nov 13, 2019 | $0.49 |
| Nov 11, 2019 | $0.49 | Nov 13, 2019 | $0.49 |
| Nov 18, 2019 | $0.49 | Nov 27, 2019 | $0.49 |
| Nov 25, 2019 | $0.49 | Nov 27, 2019 | $0.49 |
| Dec 2, 2019 | $0.49 | Dec 3, 2019 | $0.49 |
| Dec 9, 2019 | $0.49 | Dec 9, 2019 | $0.49 |
| Dec 16, 2019 | $0.49 | Dec 9, 2019 | $0.49 |
| Dec 23, 2019 | $0.49 | Dec 24, 2019 | $0.49 |
| Dec 30, 2019 | $0.49 | Dec 24, 2019 | $0.49 |
| Jan 6, 2020 | $0.49 | Jan 9, 2020 | $0.49 |
| Jan 13, 2020 | $0.49 | Jan 13, 2020 | $0.49 |
| Jan 20, 2020 | $0.49 | Jan 13, 2020 | $0.49 |
| Jan 27, 2020 | $0.49 | Jan 29, 2020 | $0.49 |
| Feb 3, 2020 | $0.49 | Feb 5, 2020 | $0.49 |
| Feb 10, 2020 | $0.49 | Feb 11, 2020 | $0.49 |
| Feb 17, 2020 | $0.49 | Feb 22, 2020 | $0.49 |
| Feb 24, 2020 | $0.49 | Feb 22, 2020 | $0.49 |
| Mar 2, 2020 | $0.49 | Mar 3, 2020 | $0.49 |
| Mar 9, 2020 | $0.49 | Mar 3, 2020 | $0.49 |
| Mar 16, 2020 | $0.00 | ||
| Mar 23, 2020 | $0.00 | ||
| Mar 30, 2020 | $0.49 | Mar 26, 2020 | $0.49 |
| Apr 6, 2020 | $0.49 | Mar 26, 2020 | $0.49 |
| Apr 13, 2020 | $0.49 | Apr 15, 2020 | $0.49 |
| Apr 20, 2020 | $0.49 | Apr 22, 2020 | $0.49 |
| Apr 27, 2020 | $0.49 | Apr 22, 2020 | $0.49 |
| May 4, 2020 | $0.01 | May 3, 2020 | $0.01 |
| May 11, 2020 | $0.01 | May 3, 2020 | $0.01 |
| May 18, 2020 | $0.01 | May 3, 2020 | $0.01 |
| May 25, 2020 | $0.01 | May 3, 2020 | $0.01 |
| Jun 1, 2020 | $0.01 | May 3, 2020 | $0.01 |
| Jun 8, 2020 | $0.01 | Jun 8, 2020 | $0.01 |
| Jun 15, 2020 | $0.01 | Jun 8, 2020 | $0.01 |
| Jun 22, 2020 | $0.01 | Jun 8, 2020 | $0.01 |
| Jun 29, 2020 | $0.01 | Jun 8, 2020 | $0.01 |
| Jul 6, 2020 | $0.01 | Jun 8, 2020 | $0.01 |
| Jul 13, 2020 | $0.00 | ||
| Jul 20, 2020 | $0.01 | Jul 14, 2020 | $0.01 |
| Jul 27, 2020 | $0.01 | Jul 14, 2020 | $0.01 |
| Aug 3, 2020 | $0.01 | Jul 14, 2020 | $0.01 |
| Aug 10, 2020 | $0.01 | Jul 14, 2020 | $0.01 |
| Aug 17, 2020 | $0.01 | Jul 14, 2020 | $0.01 |
| Aug 24, 2020 | $0.01 | Aug 23, 2020 | $0.01 |
| Aug 31, 2020 | $0.01 | Aug 23, 2020 | $0.01 |
| Sep 7, 2020 | $0.01 | Aug 23, 2020 | $0.01 |
| Sep 14, 2020 | $0.01 | Aug 23, 2020 | $0.01 |
| Sep 21, 2020 | $0.01 | Aug 23, 2020 | $0.01 |
| Sep 28, 2020 | $0.00 | ||
| Oct 5, 2020 | $0.01 | Sep 30, 2020 | $0.01 |
| Oct 12, 2020 | $0.01 | Sep 30, 2020 | $0.01 |
| Oct 19, 2020 | $0.01 | Sep 30, 2020 | $0.01 |
| Oct 26, 2020 | $0.01 | Sep 30, 2020 | $0.01 |
| Nov 2, 2020 | $0.01 | Sep 30, 2020 | $0.01 |
| Nov 9, 2020 | $0.01 | Nov 7, 2020 | $0.01 |
| Nov 16, 2020 | $0.01 | Nov 7, 2020 | $0.01 |
| Nov 23, 2020 | $0.01 | Nov 7, 2020 | $0.01 |
| Nov 30, 2020 | $0.01 | Nov 7, 2020 | $0.01 |
| Dec 7, 2020 | $0.01 | Nov 7, 2020 | $0.01 |
| Dec 14, 2020 | $0.00 | ||
| Dec 21, 2020 | $0.01 | Dec 16, 2020 | $0.01 |
| Dec 28, 2020 | $0.01 | Dec 16, 2020 | $0.01 |
| Jan 4, 2021 | $0.01 | Dec 16, 2020 | $0.01 |
| Jan 11, 2021 | $0.01 | Dec 16, 2020 | $0.01 |
| Jan 18, 2021 | $0.01 | Dec 16, 2020 | $0.01 |
| Jan 25, 2021 | $65.04 | ||
| Feb 1, 2021 | $65.04 | ||
| Feb 8, 2021 | $65.04 | ||
| Feb 15, 2021 | $65.04 | ||
| Feb 22, 2021 | $65.04 | ||
| Mar 1, 2021 | $65.04 | ||
| Mar 8, 2021 | $65.04 | ||
| Mar 15, 2021 | $51.71 | ||
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