Name
Johnson
Member since
October 2016
On-time repayments
112 installments • 87%
My name is Johnson.As a young boy growing up in Muhoroni(a small dusty town in Kisumu county-Kenya),I admired my parent source of income.They started off with a little shop with a handful of consumer goods.But with time it grew to be a wholesale shop catering for customers from far and wide.I have always wanted to do the same but capital has been a limitng factor for my small startup of making pastries for distribution to shops.
Through the help of Zidisha lenders and some financial help from friends and relatives, I have recently opened my small kiosk. In this kiosk I generally stock household goods such as sugar, soap, soda, petroleum jelly, pampers, margarine, snacks, tea leaves, salt, shoe polish to name but a few. One of the first selling commodities in my kiosk is bread. In one day one can sell upto 100 loaves of bread. Each loaf of bread retails at $0.5.I have been offered a bread distributor opportunity by one of the suppliers. For this reason I need to raise some capital so as to grab the opportunity quickly. I am kindly to zidisha lenders to fund me so that I can get this golden opportunity.I am requesting for funding of $12. From each loaf of bread I will be able to make a profit of $0.05.Part of this profit will go into repayment of my loan while part will go into growing the business and meeting my family expenses. The beauty of this opportunity is that the more aggressive I am in my sale the more the profit. The opportunity also takes away the hustle of preparing pastries like I used to do.
With this new loan I will buy 6 extra packets of flour @$6, four kilograms of sugar at $8, four litres of cooking fat at$8, and additives @$2.This translates to 48packets of pastry . each packet gives a profit of approximately $0.07.This will help increase my daily income by an extra $3 and help defray our daily expenses as a family. Than you to all my lenders
Positive
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Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Jun 3, 2017
Repayment status
On Time
Projected term
6 months
Other loans
Amount repaid
$25.71
Amount remaining
$0.00
Date repaid
Aug 29, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 10, 2017 | $0.99 | Jun 15, 2017 | $0.99 |
Jun 17, 2017 | $0.99 | Jun 17, 2017 | $0.99 |
Jun 24, 2017 | $0.99 | Jul 2, 2017 | $0.99 |
Jul 1, 2017 | $0.99 | Jul 2, 2017 | $0.99 |
Jul 8, 2017 | $0.99 | Jul 14, 2017 | $0.99 |
Jul 15, 2017 | $0.99 | Jul 22, 2017 | $0.99 |
Jul 22, 2017 | $0.99 | Jul 22, 2017 | $0.99 |
Jul 29, 2017 | $0.99 | Aug 3, 2017 | $0.99 |
Aug 5, 2017 | $0.99 | Aug 25, 2017 | $0.99 |
Aug 12, 2017 | $0.99 | Aug 25, 2017 | $0.99 |
Aug 19, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Aug 26, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Sep 2, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Sep 9, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Sep 16, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Sep 23, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Sep 30, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Oct 7, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Oct 14, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Oct 21, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Oct 28, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Nov 4, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Nov 11, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Nov 18, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Nov 25, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Dec 2, 2017 | $0.99 | Aug 29, 2017 | $0.99 |
Dec 9, 2017 | $0.01 | Aug 29, 2017 | $0.01 |
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