Entrepreneur
Name
James
Member since
July 2011
On-time repayments
101 installments • 14%
About Me
My name is Nuthu Mwangi and i am A Zidisha Volunteer mentor based In Ongata Rongai In Nairobi Kenya.I come from a Big family of 10. I am Married and have 2 kids, a boy and a girl I have high school level education,I have more than 10yrs experience in Retail Business and Service industry, I own a mobile mattress cleaning company.and taxi cab business in Ongata rongai.Township.I have borrowed twice from Zidisha and comfortably paid back all the loans plus interest . the loans from zidisha has helped me uplift my business and my life. With the kind of interest banks in Kenya charge zidisha is a savior and you lenders are wonderful.
My Business
In mid Last year 2012 I started a taxi cab service in Ongata rongai an outskirt town of Nairobi . A town which has been developing very fast in fact its the leading town in Economy and development in Kenya where i am the only person operating a Branded taxi cab service in the wide Ongata Rongai area. My cab is branded Ongata rongai cabs .and the business has shown high potential of growth and so far i am planning on expansion.My cab business has continued to improve as i started by hire-purchasing the cab first but of now its fully paid, and i have a plan of getting another one in the near future.the cab business is a easily manageable business with high demand in this middle income estate where business people and residents who are ever busy increasing everyday. I have branded my cab and is packed near a bus stage where its easily visibly From the road >This attracts customers and makes it very presentable.I keep my cab always clean and i am on- time and this has made customers always come back to my cab,there are challenges like the ever increasing fuel prices and traffic Jams but with time i have gained knowledge in fuel saving driving and short routes.With a monthly turn over of Kshs 65000 the costs are fuel 25000 servicing 7000 i am able t make about 30000 every month and that's a good business.The Loan i had taken from zidisha has helped make this business a success and i am a great supporter of zidisha
Loan Proposal
With this loan i shall finance the marketing of my mattress cleaning business putting posters,bronchures,advertising in local media and buying another steam cleaner
Feedback
Positive
22
Neutral
1
Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$303.00
Date disbursed
Oct 20, 2011
Repayment status
On Time
Projected term
13 months
Other loans
Lenders
Sarasota// Phnom Penh, United States
Bridgton, United States
Waterloo, Canada
*, Afghanistan
Antwerpen, Belgium
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Summary
Amount repaid
$327.27
Amount remaining
$0.00
Date repaid
Jul 18, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 20, 2011 | $34.34 | Dec 29, 2011 | $34.34 |
| Jan 20, 2012 | $0.00 | ||
| Feb 20, 2012 | $25.25 | Feb 20, 2012 | $10.10 |
| Feb 23, 2012 | $5.05 | ||
| Feb 24, 2012 | $5.05 | ||
| Feb 28, 2012 | $5.05 | ||
| Mar 20, 2012 | $0.00 | ||
| Apr 20, 2012 | $35.35 | Jun 19, 2012 | $17.17 |
| Jul 3, 2012 | $3.03 | ||
| Jul 5, 2012 | $5.05 | ||
| Jul 6, 2012 | $5.05 | ||
| Jul 12, 2012 | $5.05 | ||
| May 20, 2012 | $35.35 | Jul 12, 2012 | $35.35 |
| Jun 20, 2012 | $35.35 | Jul 12, 2012 | $35.35 |
| Jul 20, 2012 | $35.35 | Jul 12, 2012 | $35.35 |
| Aug 20, 2012 | $35.35 | Jul 12, 2012 | $35.35 |
| Sep 20, 2012 | $35.35 | Jul 12, 2012 | $35.35 |
| Oct 20, 2012 | $35.35 | Jul 12, 2012 | $15.15 |
| Jul 13, 2012 | $6.06 | ||
| Jul 13, 2012 | $5.05 | ||
| Jul 16, 2012 | $5.05 | ||
| Jul 18, 2012 | $4.04 | ||
| Nov 20, 2012 | $20.18 | Jul 18, 2012 | $20.18 |
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