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
I am apply this loan form for buying more poultry farming.iam planning to add more poultry to farm in order to increase my business.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Feb 15, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$11.31
Amount remaining
$0.00
Date repaid
Apr 9, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 24, 2017 | $1.25 | Feb 24, 2017 | $0.98 |
| Feb 24, 2017 | $0.27 | ||
| Mar 3, 2017 | $1.25 | Feb 24, 2017 | $0.72 |
| Mar 3, 2017 | $0.53 | ||
| Mar 10, 2017 | $1.25 | Mar 3, 2017 | $0.45 |
| Mar 3, 2017 | $0.80 | ||
| Mar 17, 2017 | $1.25 | Mar 3, 2017 | $0.19 |
| Mar 13, 2017 | $1.06 | ||
| Mar 24, 2017 | $1.25 | Mar 13, 2017 | $0.90 |
| Mar 31, 2017 | $0.34 | ||
| Mar 31, 2017 | $1.25 | Mar 31, 2017 | $0.74 |
| Mar 31, 2017 | $0.51 | ||
| Apr 7, 2017 | $1.25 | Mar 31, 2017 | $0.47 |
| Apr 9, 2017 | $0.78 | ||
| Apr 14, 2017 | $1.25 | Apr 9, 2017 | $1.25 |
| Apr 21, 2017 | $1.25 | Apr 9, 2017 | $1.25 |
| Apr 28, 2017 | $0.07 | Apr 9, 2017 | $0.07 |
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