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 have seen the motorbike business is doing so fine with me. So I need to add another motorbike. This will enable me increase my income' as well as employ another person.
So far I have saved 500 dollars. So I need a loan of 470dollars so as to add to what I have saved to buy another bike.
Proposal
Motorbike_470 dollars
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Loan Info
Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Oct 2, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
Hong Kong
United States
United States
Franklin, TN, United States
United States
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Summary
Amount repaid
$200.88
Amount remaining
$0.00
Date repaid
Jan 8, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 9, 2016 | $15.12 | Oct 9, 2016 | $15.12 |
| Oct 16, 2016 | $15.12 | Oct 17, 2016 | $15.12 |
| Oct 23, 2016 | $15.12 | Oct 23, 2016 | $15.12 |
| Oct 30, 2016 | $15.12 | Oct 30, 2016 | $15.12 |
| Nov 6, 2016 | $15.12 | Nov 6, 2016 | $15.12 |
| Nov 13, 2016 | $15.12 | Nov 13, 2016 | $15.12 |
| Nov 20, 2016 | $15.12 | Nov 20, 2016 | $15.12 |
| Nov 27, 2016 | $15.12 | Nov 27, 2016 | $15.12 |
| Dec 4, 2016 | $15.12 | Dec 4, 2016 | $15.12 |
| Dec 11, 2016 | $15.12 | Dec 11, 2016 | $15.12 |
| Dec 18, 2016 | $15.12 | Dec 18, 2016 | $15.12 |
| Dec 25, 2016 | $15.12 | Dec 25, 2016 | $15.12 |
| Jan 1, 2017 | $9.33 | Jan 1, 2017 | $9.33 |
| Jan 8, 2017 | $10.05 | Jan 8, 2017 | $10.05 |
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