Name
Peter
Member since
April 2017
On-time repayments
14 installments • 21%
Once I completed my high school at Oldonyomara secondary school, I trained for craft course in Electronics repair and maintenance for about 8months which equiped me with electricity installation and repair of various electrical appliance, I started a simple repair business where i could repair monor faults in rdio, Tv, mobile phones and other gadgets. This business proved attractive in terms of profits but customers were less, I enrolled for driving classes and obtained a driving licence and I could from time to time get temporary driving jobs.
From the various activities as stated above, I did quit repair business and started selling appliances as competition increased with well established busineses around giving me hard time. I started selling electrical appliances and this worked well for me so I decided to put more stock on the same business. My business is known as Jaribu traders and I deal with variety of commodities like electrical appliances, bulbs, cables among others. I get considerable customers enough to sustain my business. The profits made is mainly used to expand since I have a vision of even having a large business.
I want to request you for a loan so that I restock my business. I face a challenge of finance the reason I send my customers to other well established businesses when I dont have what they require, this has prompetd me to look for ways to raise funds and I have identified zidisha as a partner in my business. Having read what it entails I am aware that the first loans are usually small but I intend to work hard to repay on time and hopefully be able to rais a larger loan that will take me to a higher level. I intend to use about USD 50 to have additional stock.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Apr 27, 2017
Repayment status
On Time
Projected term
3 months
Amount repaid
$25.89
Amount remaining
$0.00
Date repaid
Nov 1, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 7, 2017 | $1.97 | May 15, 2017 | $1.97 |
May 14, 2017 | $1.97 | May 15, 2017 | $1.97 |
May 21, 2017 | $1.97 | May 15, 2017 | $0.99 |
Nov 1, 2017 | $0.99 | ||
May 28, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jun 4, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jun 11, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jun 18, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jun 25, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jul 2, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jul 9, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jul 16, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jul 23, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Jul 30, 2017 | $1.97 | Nov 1, 2017 | $1.97 |
Aug 6, 2017 | $0.25 | Nov 1, 2017 | $0.25 |
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