Motorcycle for home delivery of gas cylinders

Hassan

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Hassan

Member since

December 2015

On-time repayments

156 installments  •  97%

About Me

I was brought up in a humble family of nine siblings I being fourth in our family. We are four brothers and four sisters. My father worked as painter and mother had a grocery on which we depended alot. Well it was hard to be brought up in that kind of a family, but We tried the best We could to have food on The table. every one had to work hard so as to come home with something small for The family. We had to support ourselves through school ie buying books, uniform and sometimes paying our school fees.I had to work hard to finish my schooling program finally I managed to go through my O level education. Well I was working in od jobs to make a living and trying save a little to enable me raise capital to open up a business. Lucky enough a friend of mine was leaving The area and was selling his business luckily I had saved enough money and I boughtsa the business. Ok this place is a good place to do business because of it's. People are friendly and welcoming the security of this place also it's good considering the place is near Ia police station. Well my family is still young I have tow little girls six months and five years. Well during my free time I like traveling alot the spirit of venture is in blood.

My Business

Well. in. My. Place business it is a 15 by 12 room in hich I have tow businesses. I have a barber shop and at the front place I I have an mpesa, equity, and Airtel money agents. Also I do repairs of electronic. These services are important to my customers because it has reduced the distance at which they used to travel to have the same services that I am offering .well I chose these kind of business because it did not needed alot of capital to start and it is easy to grow to a much bigger business that I want to be in the future. Ok my typical costs are raising school fees for my doughter, paying my rental charges, electricity bill, water bill, and making sure that my family have food on the table. Ok these business is my employment so I have to make sure it grows itself from the profits it generate as well as paying school fees to my kid home improvement.

Loan Proposal

I have been doing this business for a while now and from the look of things it seems to me that ,I spend a lot of my in come and time for transportation. Sometimes there is late delivery of the products from the company which sometimes I have to hire transport by myself. This is a challenge to me because it it's deeper into the profit that could be doing something else. Due to this challenge I have decided it is good if I have my own means of transport. By making this purchase it enable me to save more for my weekly payments and bills too. And on the other hand it help me to do home delivery to my clients thus bringing about more and more sales a day. I can see this making the business run smoothly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$958.00

Date disbursed

Sep 26, 2017

Repayment status

On Time

Projected term

7 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$958.93

Amount remaining

$0.00

Date repaid

May 13, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 7, 2017 $49.53 Oct 7, 2017 $49.53
Oct 14, 2017 $49.53 Oct 7, 2017 $0.99
Oct 15, 2017 $48.54
Oct 21, 2017 $49.53 Oct 15, 2017 $0.99
Oct 23, 2017 $48.54
Oct 28, 2017 $0.99 Oct 23, 2017 $0.99
Nov 4, 2017 $29.72 Nov 5, 2017 $29.72
Nov 11, 2017 $29.72 Nov 12, 2017 $29.72
Nov 18, 2017 $29.72 Nov 19, 2017 $29.72
Nov 25, 2017 $29.72 Nov 26, 2017 $29.72
Dec 2, 2017 $29.72 Dec 3, 2017 $29.72
Dec 9, 2017 $29.72 Dec 11, 2017 $29.72
Dec 16, 2017 $29.72 Dec 17, 2017 $29.72
Dec 23, 2017 $29.72 Dec 24, 2017 $29.72
Dec 30, 2017 $29.72 Dec 31, 2017 $29.72
Jan 6, 2018 $29.72 Jan 7, 2018 $29.72
Jan 13, 2018 $29.72 Jan 15, 2018 $29.72
Jan 20, 2018 $29.72 Jan 21, 2018 $29.72
Jan 27, 2018 $29.72 Jan 29, 2018 $29.72
Feb 3, 2018 $29.72 Feb 4, 2018 $29.72
Feb 10, 2018 $29.72 Feb 12, 2018 $29.72
Feb 17, 2018 $29.72 Feb 18, 2018 $29.72
Feb 24, 2018 $29.72 Feb 24, 2018 $29.72
Mar 3, 2018 $29.72 Mar 3, 2018 $29.72
Mar 10, 2018 $29.72 Mar 11, 2018 $29.72
Mar 17, 2018 $29.72 Mar 19, 2018 $29.72
Mar 24, 2018 $29.72 Mar 26, 2018 $29.72
Mar 31, 2018 $29.72 Apr 2, 2018 $29.72
Apr 7, 2018 $29.72 Apr 9, 2018 $29.72
Apr 14, 2018 $29.72 Apr 16, 2018 $29.72
Apr 21, 2018 $29.72 Apr 22, 2018 $29.72
Apr 28, 2018 $29.72 Apr 22, 2018 $0.50
Apr 30, 2018 $29.23
May 5, 2018 $29.72 Apr 30, 2018 $0.50
May 6, 2018 $29.23
May 12, 2018 $6.88 May 6, 2018 $0.50
May 13, 2018 $6.38

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