Entrepreneur
Name
Nicodemus
Member since
November 2016
On-time repayments
25 installments • 64%
About Me
I am a polite person, and a born again christian , brought up in a humble family. My childhood has been with challenges on the side of Education because my parents were poor and they could not afford to pay my school fees. I schooled up to class eight and from there I started hawking some small items to earn a leaving. Being devoted to the Church, a good Samaritan took me to his workshop to learn mechanics and from their I started earning a living. Since the place I was attached had problem with spare parts, I started a small business of of selling auto-spares and it has been a challenge with the capital. the demand is too high but supply is low.
My Business
In my kiosk I do sell most of motor-bike spares and few vehicle spares. this things they are very useful because repairs are made on daily basis and since I am one of them they really want to promote me.I chose this kind of business because it is the area of my work. This business has helped me pay the school fees of my children and also my daily basic needs and finally pay my house rent.
Loan Proposal
Given the loan with Zidisha micro- finance, I will have to purchase motorcycle clutches to my shop because they are on high demand and people travel long distances to buy so I being mechanic by profession and I have auto spare shop with the workshop I have so many friends that will support me. This will help people not to move along distances and it will have to increase my profit with at least 20,%and it will at least change my living standards
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Dec 28, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$40.27
Amount remaining
$0.00
Date repaid
Jan 28, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 7, 2018 | $3.94 | Nov 20, 2017 | $2.39 |
| Feb 4, 2018 | $1.55 | ||
| Jan 14, 2018 | $3.94 | Feb 4, 2018 | $3.94 |
| Jan 21, 2018 | $3.94 | Feb 4, 2018 | $3.94 |
| Jan 28, 2018 | $3.94 | Feb 4, 2018 | $3.94 |
| Feb 4, 2018 | $3.94 | Feb 4, 2018 | $3.94 |
| Feb 11, 2018 | $3.94 | Feb 4, 2018 | $2.15 |
| Mar 7, 2018 | $1.79 | ||
| Feb 18, 2018 | $3.94 | Mar 7, 2018 | $2.39 |
| Dec 7, 2018 | $0.99 | ||
| Jan 28, 2019 | $0.56 | ||
| Feb 25, 2018 | $3.94 | Jan 28, 2019 | $3.94 |
| Mar 4, 2018 | $3.94 | Jan 28, 2019 | $3.94 |
| Mar 11, 2018 | $3.94 | Jan 28, 2019 | $3.94 |
| Mar 18, 2018 | $0.86 | Jan 28, 2019 | $0.86 |
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