Name
Sammy
Member since
August 2016
On-time repayments
70 installments • 21%
was born and raised at Nakuru town. even though moved to coast in year 2008 where l do stay currently.
l own a motorcycle that l use to earn my daily bread. this was after realizing how greatly the bodaboda industry is thriving within this region.
coast people are very friendly and always eager to help.
l enjoy reading whenever am free.
My business entails transporting people from one region to another and goods.motorcycle transportation is on demand since it's cheap affordable to most people and convenient because it's easy to get into the interior parts.the expenses in this business include fuel cost,license cost,insurance cost ,maintenance cost that amount to US 69 per month.this leaves a profit margin of approximately US 89 per month.the profit I get I use in reinvestment where I use 30% of the profit as I save the rest.
the amount will be essential in servicing my motorbike, I will buy it some new tires which cost approximately kes 500, buy some tube which cost kes 300, buy it new driving set that cost kes 1000 and have its oil changed which cost kes 300. Hence the amount applied will come in handy to assist in raising amount l require for the service to be successful.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Oct 14, 2016
Repayment status
On Time
Projected term
4 weeks
Other loans
Amount repaid
$5.83
Amount remaining
$0.00
Date repaid
Nov 16, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 26, 2016 | $1.16 | Oct 26, 2016 | $1.16 |
Nov 2, 2016 | $1.16 | Oct 31, 2016 | $1.16 |
Nov 9, 2016 | $1.16 | Nov 8, 2016 | $1.16 |
Nov 16, 2016 | $2.35 | Nov 16, 2016 | $2.35 |
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