Loan to purchase motorbike for delivery of gas services

Collins

Busia, Kenya

14% repaid

Entrepreneur

Name

Collins

Member since

December 2017

On-time repayments

106 installments  •  55%

About Me

My name is Collins Ochieng. Ochieng is a male name that originates from the shores of Lake Victoria. I was born in western region of Kenya in Busia county. Iwas raised by single mother who only sell dagaa(omena) to make end meet.
I am the first born in the family of five.In our village(Nyambula)learning wasn't a common practice. Despite that my hard working mother was very keen to make us attend our school. I excelled well in the national examination despite the challenges that were soo many in the village.
After one year I was selected to join high school.Life was very difficult here since the school fees and upkeep money was high for my unemployed mother.After all these i realized that when icome up with idea of poultry farming i will make it.On my very fast holiday I bought two hens with one cork.I left them for my mother who was to ensure they are well taken care of.
I raised my schoolfees through selling of the chicken together with the profit that mum had saved.
I am someone of positive mind and able to execute hard task with minimum supervision. I was requested to join football school team after doing well in interclasses competition.
I helped my team achieve many trophies and was name the western giants.I finally done my exam and attained grade A minus that enabled me to join Meru university .Iam currently studying bachelor of economics .It is my third year .I benefit from Zidisha organization and I believe because of my excellent payment record my lenders would be willing to lend me again.Thank you.

My Business

My entrepreneurial skills has helped me a lot.Besides having poultry at home I also sell mitumba shoes and clothes to students in school.My revenue doesn't go below KES 400 in a day.I fetch the mitumba shoes at Gikomba market in Nairobi at KES 150 per pair and sell it at KES 550. Making a profit of KES 400 only in one pair. I attributes every success in my efforts. Currently a friend of mine introduced me to freelancing business that I want to practice it. I therefore need to buy alaptop that will cost me KES 35000 .I have saved upto 20000KES and i appeal to my family Zidisha to lend me the remaining amount so that my dream can come true.I am progressing well with Zidisha Currently i own 10 gas cylinders which is estimated to be USD 300 i have also rise to become a volunteer mentor with 100% payment record Longlive zidisha

Loan Proposal

Good morning Zidisha organization,I must thank all of my lenders first for the previous loan,It made great significant in my life.Currently i want to acquire a motor bike that will easier my gas delivery service,I also buy fresh maize from the shamba and sell it at a double profit.The motorbike will assist me in transportation of my maize to the market I am much optimistic and know that i will succeed

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$386.00

Date disbursed

Nov 26, 2018

Repayment status

Late

Projected term

16 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$54.18

Amount remaining

$332.48

Expected completion

Apr 12, 2020

Status

Repaying late

Installment amount

$0.49

Repayment History

Expected Payments Actual Payments
Dec 9, 2018 $9.85 Dec 9, 2018 $9.85
Dec 16, 2018 $4.93 Dec 16, 2018 $4.93
Dec 23, 2018 $4.93 Dec 26, 2018 $4.93
Dec 30, 2018 $4.93 Jan 7, 2019 $0.99
Jan 7, 2019 $0.99
Jan 7, 2019 $0.99
Jan 7, 2019 $0.99
Jan 7, 2019 $0.99
Jan 6, 2019 $4.93 Jan 19, 2019 $0.99
Jan 19, 2019 $0.99
Jan 19, 2019 $0.99
Jan 19, 2019 $0.99
Jan 19, 2019 $0.99
Jan 13, 2019 $1.97 Jan 28, 2019 $0.99
Jan 28, 2019 $0.99
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $1.97 Feb 7, 2019 $0.99
Feb 7, 2019 $0.99
Feb 10, 2019 $1.97 Feb 27, 2019 $0.99
Mar 3, 2019 $0.99
Feb 17, 2019 $1.97 Mar 3, 2019 $0.99
Mar 4, 2019 $0.99
Feb 24, 2019 $1.97 Mar 4, 2019 $0.99
Mar 11, 2019 $0.99
Mar 3, 2019 $0.99 Mar 11, 2019 $0.99
Mar 10, 2019 $0.00
Mar 17, 2019 $1.97 Mar 17, 2019 $0.99
Mar 17, 2019 $0.99
Mar 24, 2019 $1.97 Mar 24, 2019 $0.99
Mar 24, 2019 $0.99
Mar 31, 2019 $1.97 Apr 15, 2019 $0.99
Apr 15, 2019 $0.99
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.99 Jun 4, 2019 $0.99
Jun 16, 2019 $0.99 Jun 9, 2019 $0.99
Jun 23, 2019 $0.99 Jul 7, 2019 $0.99
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $0.00
Jul 21, 2019 $0.49 Jul 25, 2019 $0.49
Jul 28, 2019 $0.49 Aug 5, 2019 $0.49
Aug 4, 2019 $0.49 Aug 24, 2019 $0.49
Aug 11, 2019 $0.49 Aug 24, 2019 $0.49
Aug 18, 2019 $0.00
Aug 25, 2019 $0.00
Sep 1, 2019 $0.00
Sep 8, 2019 $0.49 Sep 8, 2019 $0.47
Oct 1, 2019 $0.02
Sep 15, 2019 $0.49 Oct 1, 2019 $0.49
Sep 22, 2019 $0.47 Oct 1, 2019 $0.47
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.49 Nov 3, 2019 $0.49
Nov 3, 2019 $0.00
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $0.00
Dec 29, 2019 $0.49 Dec 29, 2019 $0.49
Jan 5, 2020 $0.49 Jan 10, 2020 $0.49
Jan 12, 2020 $0.00
Jan 19, 2020 $0.00
Jan 26, 2020 $0.00
Feb 2, 2020 $0.00
Feb 9, 2020 $0.00
Feb 16, 2020 $0.49
Feb 23, 2020 $0.49
Mar 1, 2020 $0.49
Mar 8, 2020 $0.49
Mar 15, 2020 $0.49
Mar 22, 2020 $96.67
Mar 29, 2020 $96.67
Apr 5, 2020 $96.67
Apr 12, 2020 $40.01

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