Toyota Hiace 7l for transport business

David

Sotik, Kenya

100% repaid

Entrepreneur

Name

David

Member since

December 2016

On-time repayments

19 installments  •  100%

About Me

My name is David Ndururu, an entrepreneur born in 1983. Am a degree Holder fro University of Nairobi. I started my entrepreneurial skills in the year 2003. I used to hawk milk at Salgaa Town in Nakuru. This was a major milestone in my life for I was able to buy my self a television, a mobile fine and a bicycle. I also managed to save money to a sum of ksh. 30000 which I used for my upkeep when I joined campus in 2005.
I bought my first car which I used for the transport business from proceeds from my salary and savings from farming.
So far I have bought five cars and sold two. I wants to add a fourth one in my fleet.
The unique thing about where I live is that the community there loves non locals and this makes us have an upper hand in businesses because we have positioned ourselves uniquely in the market.
I have two children and their dreams are becoming a doctor and a lawyer when they grow up.
My hobby is swimming, surfing and playing Guitar.

My Business

I provide public transport services with my two Toyota Hiace 7l Vans along Nakuru Nairobi highway.
The services I offer are in demand because people are on transit each day.
I chose this business because its a high risk business which people fear to venture in. Its also in research that entrepreneurs who take high risks gets more returns.
I make around ksh 120,000 in a month and my total costs in a month averages ksh 30,000.
I use my revenues for reinvestment and growing my business. Currently I have a project of buying a another Toyota Hiace 7l diesel engine Which will cost me around ksh. 2,500,000 by the end of 2021

Loan Proposal

Expand my transport businessby buying a Toyota hiace 7l which costs about USD 25000. This will assist me in transportation and ease the movement of people. It will also help my to expand my fleet of vehicles from two to three.
Having made this achievement I will serve as a mirror in the neighborhood and more people will be interested in what I do and come for mentorship from me and the businesse.
This will be able to double my revenue from ksh 60000 to ksh 120000 per month.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,027.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

20 months

Other loans

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$1,027.32

Amount remaining

$0.00

Date repaid

Apr 3, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 18, 2016 $39.29 Dec 16, 2016 $39.29
Dec 25, 2016 $39.29 Dec 16, 2016 $1.01
Dec 26, 2016 $38.28
Jan 1, 2017 $39.29 Dec 26, 2016 $6.04
Jan 2, 2017 $33.24
Jan 8, 2017 $27.20 Jan 2, 2017 $7.05
Jan 2, 2017 $20.15
Jan 15, 2017 $50.37 Jan 9, 2017 $12.59
Jan 15, 2017 $37.77
Jan 22, 2017 $12.59 Jan 15, 2017 $12.59
Jan 29, 2017 $10.07 Jan 23, 2017 $10.07
Feb 5, 2017 $10.07 Jan 23, 2017 $10.07
Feb 12, 2017 $10.07 Jan 23, 2017 $10.07
Feb 19, 2017 $10.07 Jan 23, 2017 $10.07
Feb 26, 2017 $10.07 Jan 23, 2017 $10.07
Mar 5, 2017 $10.07 Jan 23, 2017 $1.01
Jan 30, 2017 $9.07
Mar 12, 2017 $10.07 Jan 30, 2017 $2.01
Feb 13, 2017 $8.06
Mar 19, 2017 $3.02 Feb 13, 2017 $3.02
Mar 26, 2017 $30.22 Mar 6, 2017 $30.22
Apr 2, 2017 $10.07 Mar 26, 2017 $10.07
Apr 9, 2017 $10.07 Apr 3, 2017 $10.07
Apr 16, 2017 $10.07 Apr 3, 2017 $10.07
Apr 23, 2017 $10.07 Apr 3, 2017 $10.07
Apr 30, 2017 $10.07 Apr 3, 2017 $10.07
May 7, 2017 $10.07 Apr 3, 2017 $10.07
May 14, 2017 $10.07 Apr 3, 2017 $10.07
May 21, 2017 $10.07 Apr 3, 2017 $10.07
May 28, 2017 $10.07 Apr 3, 2017 $10.07
Jun 4, 2017 $10.07 Apr 3, 2017 $10.07
Jun 11, 2017 $10.07 Apr 3, 2017 $10.07
Jun 18, 2017 $10.07 Apr 3, 2017 $10.07
Jun 25, 2017 $10.07 Apr 3, 2017 $10.07
Jul 2, 2017 $10.07 Apr 3, 2017 $10.07
Jul 9, 2017 $10.07 Apr 3, 2017 $10.07
Jul 16, 2017 $10.07 Apr 3, 2017 $10.07
Jul 23, 2017 $10.07 Apr 3, 2017 $10.07
Jul 30, 2017 $10.07 Apr 3, 2017 $10.07
Aug 6, 2017 $10.07 Apr 3, 2017 $10.07
Aug 13, 2017 $10.07 Apr 3, 2017 $10.07
Aug 20, 2017 $10.07 Apr 3, 2017 $10.07
Aug 27, 2017 $10.07 Apr 3, 2017 $10.07
Sep 3, 2017 $10.07 Apr 3, 2017 $10.07
Sep 10, 2017 $10.07 Apr 3, 2017 $10.07
Sep 17, 2017 $10.07 Apr 3, 2017 $10.07
Sep 24, 2017 $10.07 Apr 3, 2017 $10.07
Oct 1, 2017 $10.07 Apr 3, 2017 $10.07
Oct 8, 2017 $10.07 Apr 3, 2017 $10.07
Oct 15, 2017 $10.07 Apr 3, 2017 $10.07
Oct 22, 2017 $10.07 Apr 3, 2017 $10.07
Oct 29, 2017 $10.07 Apr 3, 2017 $10.07
Nov 5, 2017 $10.07 Apr 3, 2017 $10.07
Nov 12, 2017 $10.07 Apr 3, 2017 $10.07
Nov 19, 2017 $10.07 Apr 3, 2017 $10.07
Nov 26, 2017 $10.07 Apr 3, 2017 $10.07
Dec 3, 2017 $10.07 Apr 3, 2017 $10.07
Dec 10, 2017 $10.07 Apr 3, 2017 $10.07
Dec 17, 2017 $10.07 Apr 3, 2017 $10.07
Dec 24, 2017 $10.07 Apr 3, 2017 $10.07
Dec 31, 2017 $10.07 Apr 3, 2017 $10.07
Jan 7, 2018 $10.07 Apr 3, 2017 $10.07
Jan 14, 2018 $10.07 Apr 3, 2017 $10.07
Jan 21, 2018 $10.07 Apr 3, 2017 $10.07
Jan 28, 2018 $10.07 Apr 3, 2017 $10.07
Feb 4, 2018 $10.07 Apr 3, 2017 $10.07
Feb 11, 2018 $10.07 Apr 3, 2017 $10.07
Feb 18, 2018 $10.07 Apr 3, 2017 $10.07
Feb 25, 2018 $10.07 Apr 3, 2017 $10.07
Mar 4, 2018 $10.07 Apr 3, 2017 $10.07
Mar 11, 2018 $10.07 Apr 3, 2017 $10.07
Mar 18, 2018 $10.07 Apr 3, 2017 $10.07
Mar 25, 2018 $10.07 Apr 3, 2017 $10.07
Apr 1, 2018 $10.07 Apr 3, 2017 $10.07
Apr 8, 2018 $10.07 Apr 3, 2017 $10.07
Apr 15, 2018 $10.07 Apr 3, 2017 $10.07
Apr 22, 2018 $10.07 Apr 3, 2017 $10.07
Apr 29, 2018 $10.07 Apr 3, 2017 $10.07
May 6, 2018 $10.07 Apr 3, 2017 $10.07
May 13, 2018 $10.07 Apr 3, 2017 $10.07
May 20, 2018 $10.07 Apr 3, 2017 $10.07
May 27, 2018 $10.07 Apr 3, 2017 $10.07
Jun 3, 2018 $10.07 Apr 3, 2017 $10.07
Jun 10, 2018 $10.07 Apr 3, 2017 $10.07
Jun 17, 2018 $10.07 Apr 3, 2017 $10.07
Jun 24, 2018 $10.07 Apr 3, 2017 $10.07
Jul 1, 2018 $10.07 Apr 3, 2017 $10.07
Jul 8, 2018 $10.07 Apr 3, 2017 $10.07
Jul 15, 2018 $10.07 Apr 3, 2017 $10.07
Jul 22, 2018 $10.07 Apr 3, 2017 $10.07
Jul 29, 2018 $10.07 Apr 3, 2017 $10.07
Aug 5, 2018 $10.07 Apr 3, 2017 $10.07
Aug 12, 2018 $0.36 Apr 3, 2017 $0.36

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