Purchase of motorbike for my fresh egg delivery service
Paul
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Paul
Member since
April 2014
On-time repayments
81 installments • 64%
About Me
My name is Paul Kimani. I was born in Koru, Western Kenya and grew up as an ordinary African child from lower social class. My family was forced to move from our home following the deadly ethnic clashes of 1991.
We moved to Nairobi where my mother has been a trader at a city market.
I'm very passionate about the environment and advocate for living in peace with nature, wildlife and most importantly with other people. I often visit Nairobi National Park as I enjoy seeing wildlife roaming freely in their natural habit just a few kilometers from the center of the busy city. It shows we can accommodate each other if we chose to. I also enjoy participating in conservation activities and have been planting trees to mark different events in my life such as birthdays and anniversaries.
I have a bachelor's degree in Tourism Management from Kenyatta University.
My hobbies are, camping, fishing, cooking, gardening and writing articles.
My Business
I started a grocery supply business where I was supplying eggs to hotels and fast food outlets, but later changed to less bulky products. I now supply mushrooms, strawberry, cherries, gooseberries and blueberries to supermarkets and other retailers in Nairobi. I source the fruits from farmers in various counties (Laikipia, Nyandarua, Nyeri and Kiambu). The products are packaged and labeled at the farm and all I apply is my marketing skills to sell them. My cost include that of transport and delivery, which leaves me with a markup of 15-25% depending on market prices. Fresh produce are highly affected by factors of supply and demand and fluctuation of price. I intend to solve this by producing them myself.
I have so far completed a short course in mushroom production at Jomo Kenyatta University of Agriculture and Technology.
I own a small farm where I have planted fruit trees, vegetables and rear chicken, goats and very soon pigs as a "grow your own food project."
I'll be delighted to share the progress with zidisha family.
Loan Proposal
As my business keeps growing, there is need to deliver goods to customers in time and in good condition. I am currently paying an average of 40 to 50 Dollars for transport. This are costs that can be reduced by acquiring a motorbike for delivery. A 125 cc motorbike costs 900 dollars in Nairobi. I intend to purchase it and hire a rider to do the deliveries and other activities in the business that requires transport. The money we are currently using for transport will be channeled to the repayment of the loan. The purchase of the motorbike will have a positive impact on the business as I will be able to sell more. I look forward to your support in this venture.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$381.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
7 months
Lenders
Southampton, United Kingdom
Morro Bay, United States
Toronto, Canada
Madrid, Spain
Republic of Korea
Vietnam
Maputo, United States
Denmark
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Summary
Amount repaid
$418.69
Amount remaining
$0.00
Date repaid
Jun 29, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 23, 2014 | $16.34 | Nov 26, 2014 | $16.31 |
| Dec 1, 2014 | $0.03 | ||
| Nov 30, 2014 | $16.34 | Dec 1, 2014 | $16.31 |
| Dec 8, 2014 | $0.03 | ||
| Dec 7, 2014 | $16.34 | Dec 8, 2014 | $16.34 |
| Dec 14, 2014 | $16.34 | Dec 8, 2014 | $0.03 |
| Dec 16, 2014 | $16.31 | ||
| Dec 21, 2014 | $16.34 | Dec 16, 2014 | $0.03 |
| Dec 23, 2014 | $16.31 | ||
| Dec 28, 2014 | $16.34 | Dec 23, 2014 | $0.03 |
| Dec 29, 2014 | $16.31 | ||
| Jan 4, 2015 | $16.34 | Jan 13, 2015 | $16.34 |
| Jan 11, 2015 | $16.34 | Jan 13, 2015 | $16.34 |
| Jan 18, 2015 | $16.34 | Jan 22, 2015 | $16.34 |
| Jan 25, 2015 | $16.34 | Jan 26, 2015 | $16.34 |
| Feb 1, 2015 | $16.34 | Feb 1, 2015 | $16.34 |
| Feb 8, 2015 | $16.34 | Feb 9, 2015 | $16.34 |
| Feb 15, 2015 | $0.00 | ||
| Feb 22, 2015 | $0.00 | ||
| Mar 1, 2015 | $9.09 | Mar 2, 2015 | $9.09 |
| Mar 8, 2015 | $9.09 | Mar 20, 2015 | $9.09 |
| Mar 15, 2015 | $9.09 | Mar 20, 2015 | $9.09 |
| Mar 22, 2015 | $9.09 | Mar 28, 2015 | $9.09 |
| Mar 29, 2015 | $9.09 | Mar 28, 2015 | $9.09 |
| Apr 5, 2015 | $9.09 | Apr 5, 2015 | $9.09 |
| Apr 12, 2015 | $9.09 | Apr 13, 2015 | $9.09 |
| Apr 19, 2015 | $9.09 | Apr 22, 2015 | $9.09 |
| Apr 26, 2015 | $9.09 | Apr 29, 2015 | $9.09 |
| May 3, 2015 | $9.09 | Jun 11, 2015 | $9.09 |
| May 10, 2015 | $9.09 | Jun 17, 2015 | $9.09 |
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $122.60 | Jun 29, 2015 | $122.60 |
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