Name
James
Member since
September 2015
On-time repayments
137 installments • 32%
I am a Kenya citizen born in Nyeri county of Mount Kenya region in 1988. I went to school in the same County up to form 4. After leaving school in 2007 I enrolled for a course in environmental management. I also studied accounts during my spare time and in 2010 I moved to Mombasa where I went to seek for employment.
I got a job with an Estate Agency firm where I got employed as a cahier. I have been working here for the past Four years.
After being employed I realized that the take home was not enough and decided to start a small business to supplement my income. I decided to get a loan from my parents to buy a Tuktuk for carrying passengers within Mombasa town so that I can make more money to better my leaving and eventually to quit employment and engage in full time business.
About where I come from, the land is unique in its surroundings and good weather. It is not far from Mount Kenya and one can easily make a trip to the slopes of Mt. Kenyan where there is a very good scenery.
Not yet married although the plans in the pipeline. I do love travelling, watching soccer and listening to music.
My business is purely on transport or commuter services. I have a Tuktuk which operates in town within Mombasa Island. It mainly carries passengers from the bus termini to other destinations within the town.
I chose this kind of business because I realized that in Mombasa town, some places are not easily accessible by Matatus, i.e. public service vehicles and as such people have to walk long distances to reach their destinations. With tuktuk you can access most areas in town especially where streets are narrow. At the same time I realized that the returns from this business are not that bad.
I make at least 450 US dollars per month. I use at least 300 US dollars to cater for fuel, driver and maintenance costs.
I use my profits to reinvest and part of it I do save so that I can be able to add another Tuktuk vehicle.
I am going to buy spares for my Tuktuk so that i can carry out a proper maintenance on the same.
I want to replace the Baterry which has become a bit problematic of late. i want to buy a long lasting one which will cost me 65 US dollars. this can be taken care of by this loan if funded since i will actually get about 69,28 US dollars.
This will be beneficial to me since my Tuktuk can start without any problems.
I do not expect a big profit margin from this but it will automatically have an impact on my business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 29, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Amount repaid
$156.74
Amount remaining
$0.00
Date repaid
Dec 29, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 11, 2015 | $4.00 | Oct 12, 2015 | $4.00 |
Oct 18, 2015 | $4.00 | Oct 19, 2015 | $4.00 |
Oct 25, 2015 | $4.00 | Oct 28, 2015 | $4.00 |
Nov 1, 2015 | $4.00 | Nov 2, 2015 | $4.00 |
Nov 8, 2015 | $4.00 | Nov 10, 2015 | $4.00 |
Nov 15, 2015 | $4.00 | Nov 20, 2015 | $4.00 |
Nov 22, 2015 | $4.00 | Nov 25, 2015 | $4.00 |
Nov 29, 2015 | $0.00 | ||
Dec 6, 2015 | $20.00 | Dec 1, 2015 | $12.00 |
Dec 23, 2015 | $8.00 | ||
Dec 13, 2015 | $20.00 | Dec 23, 2015 | $20.00 |
Dec 20, 2015 | $20.00 | Dec 23, 2015 | $20.00 |
Dec 27, 2015 | $12.00 | Dec 23, 2015 | $12.00 |
Jan 3, 2016 | $5.00 | Dec 28, 2015 | $5.00 |
Jan 10, 2016 | $5.00 | Dec 28, 2015 | $3.00 |
Dec 29, 2015 | $2.00 | ||
Jan 17, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Jan 24, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Jan 31, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Feb 7, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Feb 14, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Feb 21, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Feb 28, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Mar 6, 2016 | $5.00 | Dec 29, 2015 | $5.00 |
Mar 13, 2016 | $6.74 | Dec 29, 2015 | $5.80 |
Dec 29, 2015 | $0.90 | ||
Dec 29, 2015 | $0.04 |
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