Motorcycle delivery service
James
Nairobi, Kenya
$0 to go
100% funded of $26 goal
0
days left
Entrepreneur
Name
James
Member since
October 2016
On-time repayments
27 installments • 70%
About Me
My name. is James Musungu 27 years old, i am the first born in the family of six.i was born and brought up in kitale naitiri village, I went to Siyanda primary school and later I joined Naitiri secondary school and completed in the year 2011.Year 2012 I wen to Kisumu polytechnic to pursue mechanical and driving Course.immediately after completing the course I came to Nairobi to look for job.I secured a job for delivering juices to restaurants where I did for about one year I left to one of the restaurant in Nairobi where am delivering food to date.The big changes I faced was lack of school fees since my parents Are farmers.our land is is fertile and every crops are planted there.Now my plans to my children is to have a better future,I like travelling and meeting new members.
My Business
Dear lenders today I wish to inform you that my business is doing well, though few challenges here and there. As I said i earlier this business is a courier service, its delivering goods and services on behalf of the customers.
The business is good because many people are very busy in the office and don't want to employ the messenger in the name of cutting the cost. There fore they prefer on call delivery services to the job on there behalf at a cost.
I decided to go for this business because the is very competitive, the traffic is very high in city so many people would not waste their time in traffic. More so courier service company charge more.
At the moment the typically income from this job is around 360 USD depending with work load. The expense is 50 USD and 40 USD for service/ repairs. The remaining is 270 USD which I spend it for personal and to reinvest in my business
Loan Proposal
Dear lender this loan I wish to use it to renew my motor bike parking in the city. The city county are becoming very strict on motorcycle in town. The parking fees for three months is 25 USD or 1 USD per a day. This loan will help me from being clamped. Thank you lenders for your continued support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Jun 10, 2017
Repayment status
Late
Projected term
7 weeks
Other loans
Lenders
Summary
Amount repaid
$0.00
Amount remaining
$25.58
Expected completion
Aug 1, 2017
Status
Repaying late
Installment amount
$3.95
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 20, 2017 | $3.95 | ||
| Jun 27, 2017 | $3.95 | ||
| Jul 4, 2017 | $3.95 | ||
| Jul 11, 2017 | $3.95 | ||
| Jul 18, 2017 | $3.95 | ||
| Jul 25, 2017 | $3.95 | ||
| Aug 1, 2017 | $1.86 | ||
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