Buy new vehicle for Uber and my taxi business
Erick
Nairobi, Kenya
12% repaid
Entrepreneur
Name
Erick
Member since
June 2014
On-time repayments
313 installments • 43%
About Me
My names are Erick Ndwiga Kenya citizen by birth, am the 1st born in the family of three, I live in Kitengela town which is located off Mombasa road, i operate a cab business/ company which is situated in upperhill Rahimtullar towers, I cleared my ‘O’ level in the year 2009 and joined University of Eldoret where i studied Diploma in Tourism and wildlife management and cleared in April 2013, I will be graduating in December this year for my Diploma. I decided to start up a cab business because i didn’t want to sit down and wait for my graduation day yet i needed money for my personal use. I love playing football and traveling or visiting historical sites. I
My Business
My business is on the transport or rather Tourism industry in Nairobi Kenya, Tourism has peak and off peak seasons so not full time , i sometimes get bookings with companies like Pwc Kenya and Ecolab East Africa and friends, for me to have a fleet of car's i have to start somewhere and for sure one day my dreams will be valid, as an entrepreneur i believe, Food,Accommodation and Transportation is the way to go.so my side business falls on the Food sector, i started with chicken or Poultry, which is supports my Transportation business
Loan Proposal
Following the introduction of Uber services in kenya for the last one and half years now,am left with no other choice but to sell my current car which was very well maintained and reliable but does not meet the requirements with uber which is the year of the manufacture, Uber is cheap reliable and convenient any time, so most of the clients now prefer uber instead, but i still have some of them supporting my Taxi business, i just sold the vehicle yesterday at 4500 USD and i now need to top up the balance which is 3500 USD of which i managed to acquire 1120 USD from my savings from the Poultry, Sugarcane juice shop and my Taxi trips, my aim is to buy a 2010 above model vehicle , my budget is approximately 8000 USD inclusive of the insurance and the car track ,The good thing about uber is ,the trips are on cash and the credit ones are paid weekly ,One being online from around 7am to 9pm can make approximately 50 USD per day ,so on a good week one can make upto around 350 USD weekly,so owner can plan accordingly and make payments on time, On acquiring the loan i will have a new car to maintain my clients and do uber trips hence more income, i will highly appreciate your assistance in my business, Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,390.00
Date disbursed
Sep 15, 2017
Repayment status
Late
Projected term
58 months
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Summary
Amount repaid
$273.03
Amount remaining
$2,091.27
Expected completion
Jan 24, 2021
Status
Repaying late
Installment amount
$90.94
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 24, 2017 | $118.71 | Sep 24, 2017 | $118.71 |
| Oct 1, 2017 | $49.46 | Oct 4, 2017 | $49.46 |
| 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 | $9.89 | Nov 12, 2017 | $9.89 |
| Nov 19, 2017 | $9.89 | Nov 19, 2017 | $9.89 |
| Nov 26, 2017 | $9.89 | Nov 26, 2017 | $9.89 |
| Dec 3, 2017 | $9.89 | Dec 4, 2017 | $9.89 |
| Dec 10, 2017 | $9.89 | Jan 11, 2018 | $9.89 |
| Dec 17, 2017 | $9.89 | Jan 11, 2018 | $9.89 |
| Dec 24, 2017 | $9.89 | Mar 3, 2019 | $9.89 |
| Dec 31, 2017 | $9.89 | Apr 30, 2019 | $4.95 |
| Jun 3, 2020 | $4.95 | ||
| Jan 7, 2018 | $1.98 | Jun 3, 2020 | $1.98 |
| Jan 14, 2018 | $0.00 | ||
| Jan 21, 2018 | $0.00 | ||
| Jan 28, 2018 | $0.00 | ||
| Feb 4, 2018 | $0.00 | ||
| Feb 11, 2018 | $0.00 | ||
| Feb 18, 2018 | $0.00 | ||
| Feb 25, 2018 | $0.00 | ||
| Mar 4, 2018 | $0.00 | ||
| Mar 11, 2018 | $0.00 | ||
| Mar 18, 2018 | $0.00 | ||
| Mar 25, 2018 | $0.00 | ||
| 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 | $0.00 | ||
| Jun 17, 2018 | $0.00 | ||
| Jun 24, 2018 | $0.00 | ||
| 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 | $0.00 | ||
| 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 | $0.00 | ||
| Apr 14, 2019 | $0.00 | ||
| Apr 21, 2019 | $0.00 | ||
| Apr 28, 2019 | $0.00 | ||
| May 5, 2019 | $0.00 | ||
| May 12, 2019 | $0.00 | ||
| May 19, 2019 | $0.00 | ||
| May 26, 2019 | $0.00 | ||
| Jun 2, 2019 | $0.00 | ||
| Jun 9, 2019 | $0.00 | ||
| Jun 16, 2019 | $0.00 | ||
| Jun 23, 2019 | $0.00 | ||
| Jun 30, 2019 | $0.00 | ||
| Jul 7, 2019 | $0.00 | ||
| Jul 14, 2019 | $0.00 | ||
| Jul 21, 2019 | $0.00 | ||
| Jul 28, 2019 | $0.00 | ||
| Aug 4, 2019 | $0.00 | ||
| Aug 11, 2019 | $0.00 | ||
| Aug 18, 2019 | $0.00 | ||
| Aug 25, 2019 | $0.00 | ||
| Sep 1, 2019 | $0.00 | ||
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $0.00 | ||
| Sep 22, 2019 | $0.00 | ||
| Sep 29, 2019 | $0.00 | ||
| Oct 6, 2019 | $0.00 | ||
| Oct 13, 2019 | $0.00 | ||
| Oct 20, 2019 | $0.00 | ||
| Oct 27, 2019 | $0.00 | ||
| Nov 3, 2019 | $0.00 | ||
| Nov 10, 2019 | $0.00 | ||
| Nov 17, 2019 | $0.00 | ||
| Nov 24, 2019 | $0.00 | ||
| Dec 1, 2019 | $0.00 | ||
| Dec 8, 2019 | $0.00 | ||
| Dec 15, 2019 | $0.00 | ||
| Dec 22, 2019 | $0.00 | ||
| Dec 29, 2019 | $0.00 | ||
| Jan 5, 2020 | $0.00 | ||
| Jan 12, 2020 | $0.00 | ||
| Jan 19, 2020 | $0.00 | ||
| Jan 26, 2020 | $0.00 | ||
| Feb 2, 2020 | $0.00 | ||
| Feb 9, 2020 | $0.00 | ||
| Feb 16, 2020 | $0.00 | ||
| Feb 23, 2020 | $0.00 | ||
| Mar 1, 2020 | $0.00 | ||
| Mar 8, 2020 | $0.00 | ||
| Mar 15, 2020 | $0.00 | ||
| Mar 22, 2020 | $0.00 | ||
| Mar 29, 2020 | $0.00 | ||
| Apr 5, 2020 | $0.00 | ||
| Apr 12, 2020 | $0.00 | ||
| Apr 19, 2020 | $0.00 | ||
| Apr 26, 2020 | $0.00 | ||
| May 3, 2020 | $0.00 | ||
| May 10, 2020 | $0.00 | ||
| May 17, 2020 | $0.00 | ||
| May 24, 2020 | $0.00 | ||
| May 31, 2020 | $0.00 | ||
| Jun 7, 2020 | $0.00 | ||
| Jun 14, 2020 | $0.00 | ||
| Jun 21, 2020 | $0.00 | ||
| Jun 28, 2020 | $0.00 | ||
| Jul 5, 2020 | $0.00 | ||
| Jul 12, 2020 | $1.99 | Jul 21, 2020 | $1.98 |
| Jul 31, 2020 | $0.01 | ||
| Jul 19, 2020 | $1.99 | Jul 31, 2020 | $1.97 |
| Aug 14, 2020 | $0.02 | ||
| Jul 26, 2020 | $1.99 | Aug 14, 2020 | $1.99 |
| Aug 2, 2020 | $1.99 | Aug 14, 2020 | $1.99 |
| Aug 9, 2020 | $1.99 | Aug 14, 2020 | $1.94 |
| Jun 24, 2021 | $0.05 | ||
| Aug 16, 2020 | $90.94 | Jun 24, 2021 | $3.91 |
| Sep 18, 2021 | $1.98 | ||
| Apr 28, 2022 | $1.98 | ||
| Jul 4, 2022 | $1.98 | ||
| Jul 13, 2022 | $1.98 | ||
| Jul 20, 2022 | $1.98 | ||
| Aug 23, 2020 | $90.94 | ||
| Aug 30, 2020 | $90.94 | ||
| Sep 6, 2020 | $90.94 | ||
| Sep 13, 2020 | $90.94 | ||
| Sep 20, 2020 | $90.94 | ||
| Sep 27, 2020 | $90.94 | ||
| Oct 4, 2020 | $90.94 | ||
| Oct 11, 2020 | $90.94 | ||
| Oct 18, 2020 | $90.94 | ||
| Oct 25, 2020 | $90.94 | ||
| Nov 1, 2020 | $90.94 | ||
| Nov 8, 2020 | $90.94 | ||
| Nov 15, 2020 | $90.94 | ||
| Nov 22, 2020 | $90.94 | ||
| Nov 29, 2020 | $90.94 | ||
| Dec 6, 2020 | $90.94 | ||
| Dec 13, 2020 | $90.94 | ||
| Dec 20, 2020 | $90.94 | ||
| Dec 27, 2020 | $90.94 | ||
| Jan 3, 2021 | $90.94 | ||
| Jan 10, 2021 | $90.94 | ||
| Jan 17, 2021 | $90.94 | ||
| Jan 24, 2021 | $13.41 | ||
Margaret Sep 12, 2017
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