Entrepreneur
Name
Samuel
Member since
January 2017
On-time repayments
9 installments • 11%
About Me
My names are Samuel kiritu. I am a business man, in the field of transport, and a gifted songwriter. I was born and brought up in humble family of seven of which I was the last born, my father died before I saw the light of the world and my mother became sick. I went to school by God's grace and finished o levels with a pass.
My first business entailed selling second hand clothes, which I started with 500 Kshs. It was quite challenging since I couldn't afford a shed. So I had to trek for miles looking for customers. Sometimes I went home with nothing but I kept on trying and saving the little I earned. At last I bought an old motorcycle which I used to begin a business in transport. From the proceeds, I manage to buy a new one which I am currently using to earn my income, and to pay for my music lessons, from which I intend to go to the level of recording gospel tracks. My first born son wants to be an engineer while my last born son is too young to decide but I think he will be a bishop. Right now my most adored hobby is singing.
My Business
I offer transport services. In the world we are living, movements of goods and services is very essential and no one can avoid, motorcycle transport plays a major role in our part of the continent since we are a developing country. With that kind of understanding, I chose this kind of business notwithstanding the high demand for the service. There isn't much cost of running the business required other than maintenance of the machine. I use the profit to raise up my family and also to boost my business.
Loan Proposal
I want to go fully into music by recording my first album. The proceeds from my current investment will cater for my loan repayments as well as my new income from the music industry.
I require to raise not less than 1020 dollars to cater for the project. This project will be a way of exploiting my abilities to the maximum. Since I will require assistance from other players in the industry, the realisation of the project will bring forth job creation.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jan 27, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
Summary
Amount repaid
$11.01
Amount remaining
$0.00
Date repaid
Jan 28, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 3, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Feb 10, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Feb 17, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Feb 24, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Mar 3, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Mar 10, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Mar 17, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Mar 24, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Mar 31, 2017 | $1.17 | Jan 28, 2017 | $1.17 |
| Apr 7, 2017 | $0.49 | Jan 28, 2017 | $0.49 |
Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.