Opening grocer business for my wife
Lazarus
Narok Town, Kenya
27% repaid
Entrepreneur
Name
Lazarus
Member since
March 2017
On-time repayments
25 installments • 48%
About Me
i am lazurus i do motorbike transport business in Narok town where i also happened to have received my education from in the early 90s.
After completing secondary school, i scored a grade that could not take me to college and from that point, i realized how difficult life was. My parent could no longer provide for me because they argued i was of age to feed myself and also take care of myself.
I used to work in a hotel as a waiter after completing my school so that i could sustain my living, i made saving each and everyday and worked extra hard because i really wanted to establish my business. With m y savings, i managed to buy a motorbike early last year and started my dream business of transporting people in town.
What i find unique in Narok is despite the town being very small, many business are running well and people here are very hard working engaging in different kinds of businesses.
My Business
i do transportation. I transport people from our main stage in town to where they want to go within the town as well as outside the town.
This services are useful because with a motorbike, one can have access to a very convenient means of transportation because one can navigate through heavy traffics and get to areas of need quite quickly.
i chose this business after establishing that the population inhabiting Narok town like using motorbike for transport. This fact increases its demand and with this i decided to also offer the services.
I have been using the income that i get to grown myself and also maintain my business, i recently bought a new motorbike and i have employed a cousin to help me run the motorbike in town.
Loan Proposal
Thank you so much lender for the earlier loan, God bless you for the support.
The new loan offer will be used to facilitate opening up a business for my wife, i have a budget of 150 us dollars to stock the business, do some construction of a stand and kick start the business, the loan offer will thus help me so much start up these business because ones i receive the 29 us dollars, i will add my savings and make the business start.
I will accrue a lot of benefits because with the grocer, we can now be having two businesses running and thus support our family well and increase our income
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$30.00
Date disbursed
Jun 3, 2017
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Germany
United States
Summary
Amount repaid
$7.91
Amount remaining
$21.67
Expected completion
Sep 29, 2017
Status
Repaying late
Installment amount
$1.98
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 16, 2017 | $3.95 | Jun 29, 2017 | $3.95 |
| Jun 23, 2017 | $0.00 | ||
| Jun 30, 2017 | $0.00 | ||
| Jul 7, 2017 | $1.98 | Jul 6, 2017 | $1.98 |
| Jul 14, 2017 | $1.98 | Jul 13, 2017 | $0.99 |
| Jul 13, 2017 | $0.99 | ||
| Jul 21, 2017 | $1.98 | ||
| Jul 28, 2017 | $1.98 | ||
| Aug 4, 2017 | $1.98 | ||
| Aug 11, 2017 | $1.98 | ||
| Aug 18, 2017 | $1.98 | ||
| Aug 25, 2017 | $1.98 | ||
| Sep 1, 2017 | $1.98 | ||
| Sep 8, 2017 | $1.98 | ||
| Sep 15, 2017 | $1.98 | ||
| Sep 22, 2017 | $1.98 | ||
| Sep 29, 2017 | $1.91 | ||
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