To do major repairs on my second hand motorbike
Mathew
Nyapora, Kenya
100% repaid
Entrepreneur
Name
Mathew
Member since
September 2014
On-time repayments
81 installments • 52%
About Me
Mathew Omondi Ochilo is a Kenyan born in 1972 and married to one wife. I have three kids two girls and a boy. My wife is called Clere Mahero. and above all a born again christian. I went to school at Mumias primary DEB, Lubinu Boys high school and at a church college and graduated with certificate in church music and instrumentation.
I started business some times back but due to commitments decided to drop the business of second hand clothes and ventured into transportation. I hired a motorbike and now ferry customers and pay the owner about 3dollars a day and i keep the balance as my wages. I target to buy my own motorbike and be my own boss and be able to support my family.
My Business
I started with selling second hand clothes of which at times the bale bought would contain old clothes that were not attractive there by attracting less customers. I decided to hire a motor bike so i could increase my income by doing taxi. the motor bike taxi is well paying since am able to raise about 10dollars per day after i have paid the motor bike owner.
I now target to by my own so as to remain the boss of my business by my own.
With this earnings on monthly basis i can raise about 1000dollars which would be a big boost on my side. I want to thank you because with Zidisha i know I will manage.
Loan Proposal
Want to thank you lenders for the first loan which you gave me and which enabled me to purchase a second hand motor bike. The motor bike has improved my standard of living and due to overwork in Last December Holiday, I want to use the second loan to carry out major repairs to sustain its life in the business. My target is that since I am the sole boss of my business I want to save enough to be able to acquire a brand new since what I have was a first step to success.
I trust in you my lenders and through you God has been on my side. Kindly lend me again.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Jan 20, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Shanghai, China
Orlando, Florida, United States
Gammalkil, Sweden
Boston, United States
Arlington, United States
Portland, United States
Germany
Ask Mathew a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$202.06
Amount remaining
$0.00
Date repaid
Apr 5, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 1, 2015 | $20.20 | Feb 1, 2015 | $20.20 |
| Feb 8, 2015 | $20.20 | Feb 1, 2015 | $0.02 |
| Feb 8, 2015 | $20.18 | ||
| Feb 15, 2015 | $20.20 | Feb 8, 2015 | $0.04 |
| Feb 15, 2015 | $20.16 | ||
| Feb 22, 2015 | $20.20 | Feb 15, 2015 | $0.07 |
| Feb 22, 2015 | $20.13 | ||
| Mar 1, 2015 | $20.20 | Feb 22, 2015 | $0.09 |
| Mar 1, 2015 | $16.85 | ||
| Mar 8, 2015 | $3.26 | ||
| Mar 8, 2015 | $20.20 | Mar 8, 2015 | $13.60 |
| Mar 15, 2015 | $6.61 | ||
| Mar 15, 2015 | $20.20 | Mar 15, 2015 | $13.62 |
| Mar 20, 2015 | $6.58 | ||
| Mar 22, 2015 | $20.20 | Mar 20, 2015 | $0.16 |
| Mar 22, 2015 | $20.04 | ||
| Mar 29, 2015 | $20.20 | Mar 22, 2015 | $0.18 |
| Mar 29, 2015 | $11.80 | ||
| Apr 5, 2015 | $8.22 | ||
| Apr 5, 2015 | $20.24 | Apr 5, 2015 | $20.24 |
Loading...