Vehicles major repairs

George

Nairobi , Kenya

100% repaid

Entrepreneur

Name

George

Member since

October 2019

On-time repayments

13 installments  •  23%

About Me

I am a 42 years old businessman, who is currently pursuing Masters in Finance & economics. Had a great childhood that prepared me for life's challenges. Worked with a multinational in Finance department and gained 8 years as Treasury analyst and 4 years as a Manager in a different company (Upriver Africa K.Ltd). I am now an ambitious business person with a fleet of 15 vehicles and looking forward to expanding the business by 20 to 30 percent annually.

My Business

Currently director of Subtle movers limited(www.subtlemovers.co.ke) which is a logistics company which owns 15 vehicles among other assets. 10 are outsourced to a company that pays me Revenue of ksh. 500,000. Other units are in Uber and brings in additional Ksh.100,000.

Loan Proposal

To repair all the units before the renewal of next contract in January 2020 and service tracking gadgets, partly purchasing insurance for the new year.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Jan 24, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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  • George    Sep 23, 2022

    Hello Members, Thanks for funding my project. I need the funds to service my vehicle for Taxi business. Your assistance is highly appreciated.

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  • Wilberforce    Jul 8, 2020

    I have called George and he says,his overdue loan was paid yesterday on 07th July, 2020.

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  • (Comment deleted by author)

    • George    Jul 8, 2020

      OG79JZCFSF Confirmed. Ksh12,530.00 sent to Zidisha Inc. for account 0715686560 on 7/7/20 at 1:54 PM New M-PESA balance is .....

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  • Wilberforce    May 30, 2020

    Ogola has agreed to make adjustments on the loan and be making partial payments to maintain good repayment rates.

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  • George    May 20, 2020

    Debtors have not paid amounts invoiced for 60 days. I need to have the repayment rescheduled to allow me to follow up on pending receipts from my debtors.

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  • Wilberforce    May 20, 2020

    I have called George and he promised to adjust his installments rather than skipping payments.

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  • Wilberforce    May 20, 2020

    I have called George and discussed the way forward on his loan repayment and agreed to login into his account and do some loan adjustments that suits his pocket.

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  • George    Apr 5, 2020

    Thanks for funding the loan. I will use it to install tracking gadget on one vehicle that I lease out.

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  • George    Mar 25, 2020

    The initial loan was used to purchase a car tracker to improve security of the vehicle. It was thus very helpful.

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  • George    Feb 11, 2020

    Thanks for the loan. This will aid in keeping the fleet in good condition to ensure there's no interruption in service delivery and cash flow to the business.

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  • George    Feb 11, 2020

    The loan I took and repaid helped me to pay part of the expenses for servicing one vehicle and is back to work.

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