Name
Paul
Member since
January 2015
On-time repayments
197 installments • 39%
I went to a primary school in a remote village in West Pokot before joining secondary school in 1994. I later joined Moi University, Coast Campus before settling on doing business.
I have been in business for sometime, I started with a chicken sales, moved into poultry then started a car wash business. This is what has brought me this far, I used my third and fourth loans to start and stabilise the carwash business by purchasing a new machine.
I have also managed to buy new tires for my cab and service it regularly because it helps me in paying Zidisha loans.
I still look forward to getting a second car through a loan. With car hire, I have been able to make up to Sh3,000 on a good day in Mombasa.
I plan to use my next Zidisha loan to put up a spirits business in Malindi and open up another carwash business in Lunga Lunga, at the border ok Kenya and Tanzania.
I know this will earn me some better income to be able to consistently service my loans.
I believe if I complete this loan then I will be able to own a fleet of cabs as time goes by.
Once again, many thanks Zidisha team.
I am happy to have completed repaying my previous loans,this my sixth loan,successfully paid.I have already rehabilitated the building where I plan to set p the wines and spirits business. It is a very strategic place and I am quiet sure I will be able to repay the upcoming loan just like I did with the past ones.
I plan to invest Sh70,000 in the opening stock and later top up another Sh30,000 to give it a Sh100,000 worth opening stock.
I plan to use the balance from the loan to do a few legal requirements, especially the paperwork. Wines and Spirits business is quiet lucrative and I believe it will subsidise my income on the taxi fleets.
business.Once again,i believe it's doable and with Zidisha, financial discipline is the order.Thanks
I plan to purchase two new tires for my car which i use in taxi business, i also plan to buy more chicken for sale and to expand my car wash business by purchasing a second machine.
I have seen the potential of the small businesses i have paid school fees for my daughter and also fixed my bills with the little profit i make from the businesses.
I plan to purchase a new car by end of the year to increase my business. Car hire fetches upto Sh9,000 per week and i believe proceeds from this will be channeled into my poultry and car wash business.
Having been convinced that Zidisha is the way to go, i have convinced two new members to join Zidisha asa way of economic independence.
I really believe with better investment, one is bound to make better returns.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Jun 27, 2015
Repayment status
On Time
Projected term
2 months
Other loans
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Amount repaid
$198.99
Amount remaining
$0.00
Date repaid
Sep 12, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 5, 2015 | $18.08 | Jul 5, 2015 | $18.08 |
Jul 12, 2015 | $18.08 | Jul 11, 2015 | $18.08 |
Jul 19, 2015 | $18.08 | Jul 19, 2015 | $18.08 |
Jul 26, 2015 | $18.08 | Jul 25, 2015 | $18.08 |
Aug 2, 2015 | $18.08 | Aug 1, 2015 | $18.08 |
Aug 9, 2015 | $18.08 | Aug 8, 2015 | $18.08 |
Aug 16, 2015 | $18.08 | Aug 15, 2015 | $18.08 |
Aug 23, 2015 | $18.08 | Aug 23, 2015 | $18.08 |
Aug 30, 2015 | $18.08 | Aug 30, 2015 | $18.08 |
Sep 6, 2015 | $18.08 | Sep 7, 2015 | $18.08 |
Sep 13, 2015 | $18.15 | Sep 12, 2015 | $18.15 |
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