Jushua
Ingineeer Town, Kinangop, Kenya
11% repaid
Name
Jushua
Member since
January 2014
On-time repayments
192 installments • 39%
Am a middle aged man brought up in family of six children. I went to Athambu primary school at the age of four years where I did my K.C.P.E. certificate. Later on I joined Muthara high school in my rural area where I did my O level. After that I joined Kenya polytechnic university and college class 2009. In march 2009 I met this lady who since 2004 was my first girl friend and later on she became my wife.
In the year 2010 Dec we were blessed with a bouncing baby boy. By then after completing my mechanical engineering course at Kenya poly, I got a job as a bus manager on the department of mechanical which operates along thika super highway, from githurai to town. That is when I told my wife because I have a job I good for her to do a course of her choice , of which she selected an ICT course of which I was the one who was paying for it. A t the same time I was paying paying my little sisters school fees. She was A.T.C course at VISION INSTUTE COLLEGGE Nairobi campus, currently she is at level six of the course she is undertaking.
After my wife complete the course of ICT she decided to take another course of hiv counseling and testing. That is when she came in Kinangop for attachment. A s a family we decided to relocate to Kinangop, together with my wife and our son. Before we were living in Nairobi. And I resigned for a manager job. The little savings I had in my account I used to start a business of which is doing very well as we talk. And also my sister whom I was educating got an accountant job at ALLIANCE RELIATORS in Nairobi. For my wife is a clerk at EPZ Nairobi. GLORY BE TO GOD.
The reason why am going to beat my competitors is because my customers say my competitors are arrogant to them. Also my competitors are very few in the town and also the region. Some of my customers come from a bit far from other small towns that is why am planning also to open another outlet.
The other reason is that my shop is located in a very prime area, surrounded by home steads and most of them are rental houses and they use LPGS for cooking that is an opportunity to me because most of my customers are ladies.
The risk my business is facing right now is that my customers may escape due to lack of gas due to high demand am having a shortage of cylinders and thats why am appealing for your loan. That why am looking for a loan to boost my business.
The reason I know very well my business going to pay back the loan because of the sales I make per day. I make at least 10000kshs or even more when there is job, and not less than 7000kshs a day when the job is not good.
The sale of two thousands a day when job is good half of it is profit.
In a month I use 4000Kshs in basic needs, such as food. And 6000kshs for house rent monthly for both where I resides and business premises
I will be paying the loan after two weeks from the sales I have made.
I will use my loan to buy gas cylinders and refill them for my new gas outlet branch within the town. I need like 550 dollars to purchase at least 30 cylinders and 600 dollars to refill them. another 120 dollars to build LPGs cage. am sure for your loan i will archive more in my business. i have already rented the business premises and paid rent for 3 months and done the paintings. as i have been honest borrower and enterprenuer have my word that i will repay back my loan time. thanks
Regrds, Joshua Mwiti Meringo
Positive
13
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,163.00
Date disbursed
Aug 5, 2015
Repayment status
Late
Projected term
29 months
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Amount repaid
$133.00
Amount remaining
$1,082.28
Expected completion
Dec 31, 2017
Status
Repaying late
Installment amount
$10.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 16, 2015 | $43.00 | Aug 17, 2015 | $43.00 |
Aug 23, 2015 | $25.00 | Aug 23, 2015 | $25.00 |
Aug 30, 2015 | $25.00 | Aug 31, 2015 | $25.00 |
Sep 6, 2015 | $0.00 | ||
Sep 13, 2015 | $0.00 | ||
Sep 20, 2015 | $0.00 | ||
Sep 27, 2015 | $0.00 | ||
Oct 4, 2015 | $0.00 | ||
Oct 11, 2015 | $0.00 | ||
Oct 18, 2015 | $0.00 | ||
Oct 25, 2015 | $0.00 | ||
Nov 1, 2015 | $0.00 | ||
Nov 8, 2015 | $10.00 | Nov 8, 2015 | $10.00 |
Nov 15, 2015 | $10.00 | Nov 15, 2015 | $10.00 |
Nov 22, 2015 | $10.00 | Nov 22, 2015 | $10.00 |
Nov 29, 2015 | $10.00 | Jan 7, 2016 | $10.00 |
Dec 6, 2015 | $10.00 | ||
Dec 13, 2015 | $10.00 | ||
Dec 20, 2015 | $10.00 | ||
Dec 27, 2015 | $10.00 | ||
Jan 3, 2016 | $10.00 | ||
Jan 10, 2016 | $10.00 | ||
Jan 17, 2016 | $10.00 | ||
Jan 24, 2016 | $10.00 | ||
Jan 31, 2016 | $10.00 | ||
Feb 7, 2016 | $10.00 | ||
Feb 14, 2016 | $10.00 | ||
Feb 21, 2016 | $10.00 | ||
Feb 28, 2016 | $10.00 | ||
Mar 6, 2016 | $10.00 | ||
Mar 13, 2016 | $10.00 | ||
Mar 20, 2016 | $10.00 | ||
Mar 27, 2016 | $10.00 | ||
Apr 3, 2016 | $10.00 | ||
Apr 10, 2016 | $10.00 | ||
Apr 17, 2016 | $10.00 | ||
Apr 24, 2016 | $10.00 | ||
May 1, 2016 | $10.00 | ||
May 8, 2016 | $10.00 | ||
May 15, 2016 | $10.00 | ||
May 22, 2016 | $10.00 | ||
May 29, 2016 | $10.00 | ||
Jun 5, 2016 | $10.00 | ||
Jun 12, 2016 | $10.00 | ||
Jun 19, 2016 | $10.00 | ||
Jun 26, 2016 | $10.00 | ||
Jul 3, 2016 | $10.00 | ||
Jul 10, 2016 | $10.00 | ||
Jul 17, 2016 | $10.00 | ||
Jul 24, 2016 | $10.00 | ||
Jul 31, 2016 | $10.00 | ||
Aug 7, 2016 | $10.00 | ||
Aug 14, 2016 | $10.00 | ||
Aug 21, 2016 | $10.00 | ||
Aug 28, 2016 | $10.00 | ||
Sep 4, 2016 | $10.00 | ||
Sep 11, 2016 | $10.00 | ||
Sep 18, 2016 | $10.00 | ||
Sep 25, 2016 | $10.00 | ||
Oct 2, 2016 | $10.00 | ||
Oct 9, 2016 | $10.00 | ||
Oct 16, 2016 | $10.00 | ||
Oct 23, 2016 | $10.00 | ||
Oct 30, 2016 | $10.00 | ||
Nov 6, 2016 | $10.00 | ||
Nov 13, 2016 | $10.00 | ||
Nov 20, 2016 | $10.00 | ||
Nov 27, 2016 | $10.00 | ||
Dec 4, 2016 | $10.00 | ||
Dec 11, 2016 | $10.00 | ||
Dec 18, 2016 | $10.00 | ||
Dec 25, 2016 | $10.00 | ||
Jan 1, 2017 | $10.00 | ||
Jan 8, 2017 | $10.00 | ||
Jan 15, 2017 | $10.00 | ||
Jan 22, 2017 | $10.00 | ||
Jan 29, 2017 | $10.00 | ||
Feb 5, 2017 | $10.00 | ||
Feb 12, 2017 | $10.00 | ||
Feb 19, 2017 | $10.00 | ||
Feb 26, 2017 | $10.00 | ||
Mar 5, 2017 | $10.00 | ||
Mar 12, 2017 | $10.00 | ||
Mar 19, 2017 | $10.00 | ||
Mar 26, 2017 | $10.00 | ||
Apr 2, 2017 | $10.00 | ||
Apr 9, 2017 | $10.00 | ||
Apr 16, 2017 | $10.00 | ||
Apr 23, 2017 | $10.00 | ||
Apr 30, 2017 | $10.00 | ||
May 7, 2017 | $10.00 | ||
May 14, 2017 | $10.00 | ||
May 21, 2017 | $10.00 | ||
May 28, 2017 | $10.00 | ||
Jun 4, 2017 | $10.00 | ||
Jun 11, 2017 | $10.00 | ||
Jun 18, 2017 | $10.00 | ||
Jun 25, 2017 | $10.00 | ||
Jul 2, 2017 | $10.00 | ||
Jul 9, 2017 | $10.00 | ||
Jul 16, 2017 | $10.00 | ||
Jul 23, 2017 | $10.00 | ||
Jul 30, 2017 | $10.00 | ||
Aug 6, 2017 | $10.00 | ||
Aug 13, 2017 | $10.00 | ||
Aug 20, 2017 | $10.00 | ||
Aug 27, 2017 | $10.00 | ||
Sep 3, 2017 | $10.00 | ||
Sep 10, 2017 | $10.00 | ||
Sep 17, 2017 | $10.00 | ||
Sep 24, 2017 | $10.00 | ||
Oct 1, 2017 | $10.00 | ||
Oct 8, 2017 | $10.00 | ||
Oct 15, 2017 | $10.00 | ||
Oct 22, 2017 | $10.00 | ||
Oct 29, 2017 | $10.00 | ||
Nov 5, 2017 | $10.00 | ||
Nov 12, 2017 | $10.00 | ||
Nov 19, 2017 | $10.00 | ||
Nov 26, 2017 | $10.00 | ||
Dec 3, 2017 | $10.00 | ||
Dec 10, 2017 | $10.00 | ||
Dec 17, 2017 | $10.00 | ||
Dec 24, 2017 | $10.00 | ||
Dec 31, 2017 | $2.28 |
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