Repayment of my remaining fee balance

Brian

Nairobi, Kenya

4% repaid

Entrepreneur

Name

Brian

Member since

February 2017

On-time repayments

25 installments  •  56%

About Me

I studied at a local school in Eldoret by the name Soy Academy with my mum being the sole provider. School fees was quite a struggle but I managed to acquire a bursary from the CDF which helped me through to High School. I went on to study electrical engineering at a university in Nairobi, which I am still in at the moment.<input name="aboutMeTimestamp" type="hidden"><input name="aboutMeTimestamp" type="hidden"><input name="aboutMeTimestamp" type="hidden"><input name="aboutMeTimestamp" type="hidden"><input name="aboutMeTimestamp" type="hidden"><input name="aboutMeTimestamp" type="hidden">

My Business

My business is an entertainment business. I gain my income through a football show hall where people pay in order to watch live football matches. There are many football fans in the area where I opened the business and that makes it quite a success. The profits I get from the business goes to the growth of the business and I use a small percentage for my accommodation. I chose this business because I realized that the residents of that particular area travelled some kilometers in order to get a place where they could watch their favourite teams play. The profits I reap from this business are approximately $90 per week which makes it around $350 per month. Since it's still a developing business, most of my profit are channeled towards improving the business. I use around $200 each month in ensuring the comfort of my customers by improving the seats and the hall in general. The other $150 are used for my tuition fees and accommodation. My plans are to widen the scope of my entrepreneurship and at least employ a few people in order to improve their lives too since I come from a region that has got unemployment painted all over it. Hopefully the Zidisha team will play a role in the pursuit of my dreams. Thank you in advance.<input name="aboutBusinessTimestamp" type="hidden"><input name="aboutBusinessTimestamp" type="hidden"><input name="aboutBusinessTimestamp" type="hidden"><input name="aboutBusinessTimestamp" type="hidden"><input name="aboutBusinessTimestamp" type="hidden"><input name="aboutBusinessTimestamp" type="hidden">

Loan Proposal

Hallo lenders. First of all I would like to thank you for your support thus far. I am asking for your help again, this time with my tuition fees. With the semester coming to an end, I will soon be sitting for my exams. But the university requires me complete the full amount before I am allowed to sit in an examination room. My remaining tuition fee is Ksh.23,500 that's an equivalent of $240. My business is doing well but I cannot raise the full amount once since my earnings per week are less. I have been paying the fees on a monthly installment but I won't be able to complete the remaining $240 before the exam day. My exams will start on 29th May but the fees should be fully repaid a few days before then. I am asking for your help in this difficult situation and I promise to repay the loan on time. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$244.00

Date disbursed

May 26, 2017

Repayment status

Late

Projected term

56 months

Lenders

S

Stephan

Netherlands

Fred

Germany

PG

Paul Graham

United States

PO

Patti Ortega

United States

Ondrej Gutten

Prague, Czech Republic

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

A

Anonymous

United States

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Summary

Amount repaid

$10.87

Amount remaining

$233.34

Expected completion

Sep 13, 2017

Status

Repaying late

Installment amount

$27.14

Repayment History

Expected Payments Actual Payments
Jun 7, 2017 $4.94 Jun 13, 2017 $4.94
Jun 14, 2017 $0.99 Jul 2, 2017 $0.99
Jun 21, 2017 $0.99 Jul 2, 2017 $0.99
Jun 28, 2017 $0.99 Jul 2, 2017 $0.99
Jul 5, 2017 $0.99 Jul 17, 2017 $0.99
Jul 12, 2017 $0.99 Jul 17, 2017 $0.99
Jul 19, 2017 $27.14 Jul 17, 2017 $0.99
Jul 26, 2017 $27.14
Aug 2, 2017 $27.14
Aug 9, 2017 $27.14
Aug 16, 2017 $27.14
Aug 23, 2017 $27.14
Aug 30, 2017 $27.14
Sep 6, 2017 $27.14
Sep 13, 2017 $17.23

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