Samuel
Banana, Kenya
100% repaid
Name
Samuel
Member since
June 2014
On-time repayments
115 installments • 64%
Hi, I am Sammy Karugu, been in the online writing business for the past 9 years. I deal in web content writing which is a great job with regard to the job situation in my country. I graduated from Chuka University with a degree in B.A. Economics and Sociology.
Since I graduated, I have been involved in a couple of things with friends and different organizations. It is through these involvements that I have been able to earn skills in Air Conditioners' installations as well as structured cabling installations and laying of other IT related infrastructure.
Having learnt about the Air Conditioners installation, structured cabling & fiber installations, and having established a couple of networks, I am confident I will get business and will be the new norm for me. I will have a new way of complementing my online writing gig and get some more money to venture into new business or grow this new business.
Why my products move?
Since many business in the country are embracing technology, a local area network is mandatory which means they will need my structured cabling services or fiber installation. As we all know, internet is all you need to get the technology you need. With this in mind and having met and interacted with the right people and contractors, I will get a couple of sub-contracting businesses from time to time.
What I currently need is typically a tool box. I need 2 hand drills, a few spanners and drill bits. these will cost me about 60,000 Kenyan Shillings but with a loan from you guys and savings I believe I will be good to go.
With a job worth about 20,000 Kenyan Shillings, my expenses will be about 60% and the rest will be profit which I will use to repay my loan here and in the long run I will be able to re-invest in the business and buy more tools and built capacity to the level I will be able to cater to a whole contract worth hundreds of thousands if not millions.
I am applying for another loan from Zidisha to assist me get more stock which regards to laptop skins, flash-drives, wall art and mouse pads. I have had success in my previous venture which has grown my clientele base by about 30%. I am planning to get more stock and maybe set up an online shop.
This is part of a dream where I intend to be a large imported of such products to my country or maybe set up my own development shop in the country. My dream is valid and believe these small strides I am making will lead me to a greater and better destination.
On getting this loan, I plan on repaying it in the shortest time possible as I did with the previous one which I repaid in about 3 month.
Positive
8
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Nov 26, 2014
Repayment status
On Time
Projected term
5 months
Other loans
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Amount repaid
$154.68
Amount remaining
$0.00
Date repaid
Jun 8, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 7, 2014 | $5.36 | Dec 7, 2014 | $5.36 |
Dec 14, 2014 | $5.36 | Dec 12, 2014 | $5.36 |
Dec 21, 2014 | $5.36 | Dec 17, 2014 | $5.36 |
Dec 28, 2014 | $5.36 | Dec 29, 2014 | $5.36 |
Jan 4, 2015 | $5.36 | Jan 8, 2015 | $5.36 |
Jan 11, 2015 | $5.36 | Jan 8, 2015 | $5.36 |
Jan 18, 2015 | $5.36 | Jan 16, 2015 | $5.36 |
Jan 25, 2015 | $5.36 | Jan 26, 2015 | $5.36 |
Feb 1, 2015 | $5.36 | Jan 30, 2015 | $5.36 |
Feb 8, 2015 | $5.36 | Feb 11, 2015 | $5.36 |
Feb 15, 2015 | $5.36 | Feb 13, 2015 | $5.36 |
Feb 22, 2015 | $5.36 | Feb 27, 2015 | $5.36 |
Mar 1, 2015 | $5.36 | Feb 27, 2015 | $5.36 |
Mar 8, 2015 | $5.36 | Mar 11, 2015 | $5.36 |
Mar 15, 2015 | $5.36 | Mar 13, 2015 | $5.36 |
Mar 22, 2015 | $5.36 | Mar 26, 2015 | $5.36 |
Mar 29, 2015 | $5.36 | Mar 31, 2015 | $5.36 |
Apr 5, 2015 | $5.36 | Apr 3, 2015 | $5.36 |
Apr 12, 2015 | $5.36 | Apr 13, 2015 | $5.36 |
Apr 19, 2015 | $5.36 | May 4, 2015 | $5.36 |
Apr 26, 2015 | $5.36 | May 4, 2015 | $5.36 |
May 3, 2015 | $5.36 | May 4, 2015 | $5.36 |
May 10, 2015 | $11.36 | May 8, 2015 | $5.36 |
May 16, 2015 | $6.00 | ||
May 17, 2015 | $11.36 | May 16, 2015 | $3.09 |
May 22, 2015 | $6.82 | ||
May 27, 2015 | $1.45 | ||
May 24, 2015 | $13.95 | May 27, 2015 | $4.23 |
Jun 8, 2015 | $9.73 |
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