Entrepreneur
Name
Collins
Member since
September 2015
On-time repayments
152 installments • 40%
About Me
I was raised in rural Kenya in a middle income family, that practiced tea farming. After i completed my high school studies i came to Nairobi where i secured a job in a cloth Manufacturing factory as a machine operator.
I used to be paid 9000 shilling a month, which is very little money in Nairobi.
S i decided to quit this job and start a business of my own to meet my daily needs.
I am married and i have two kids whom i desire to give good and education.
My Business
My business is of boda boda business, where i ferry people from one estate to another within Nairobi town. It is a nice business because the population within Nairobi is very high and most people like to use motobikes because it is convenient and faster, as well as cheap as compared to other means of transport.
I bought a second hand motobike and i want to raise more money so as to buy a new motobike which is easy to maintain.
I make approximately one thousand kenyan shillings every day with which i pay my rent, and pay school fees for my children.
Loan Proposal
i will add to what i have to buy anew motobike.
i have so far saved fifty thousand kenyan shillings , i wuill borrow another 20 thousand kenyan shillings from a local bank and add to what i will get from zidisha to buy a new motobike
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Dec 6, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
United States
United States
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Summary
Amount repaid
$209.18
Amount remaining
$0.00
Date repaid
Mar 6, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 13, 2015 | $15.00 | Dec 13, 2015 | $15.00 |
| Dec 20, 2015 | $15.00 | Dec 20, 2015 | $15.00 |
| Dec 27, 2015 | $15.00 | Dec 27, 2015 | $15.00 |
| Jan 3, 2016 | $15.00 | Jan 3, 2016 | $15.00 |
| Jan 10, 2016 | $15.00 | Jan 10, 2016 | $15.00 |
| Jan 17, 2016 | $15.00 | Jan 17, 2016 | $15.00 |
| Jan 24, 2016 | $15.00 | Jan 24, 2016 | $15.00 |
| Jan 31, 2016 | $15.00 | Feb 5, 2016 | $15.00 |
| Feb 7, 2016 | $15.00 | Feb 7, 2016 | $15.00 |
| Feb 14, 2016 | $15.00 | Feb 14, 2016 | $15.00 |
| Feb 21, 2016 | $15.00 | Feb 21, 2016 | $15.00 |
| Feb 28, 2016 | $15.00 | Feb 28, 2016 | $15.00 |
| Mar 6, 2016 | $29.18 | Mar 6, 2016 | $29.18 |
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