To buy clutch cables for selling

Nicodemus

Bungoma, Kenya

100% repaid

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 Money with zidisha micro-lending I will buy 10 clutch cables$ 1 each. These clutches they are the fast moving spare parts and given the money it will assist me to retain my customers and also increase my profits. I do expect that my business profit will have to increase to at least30%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Apr 21, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

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Summary

Amount repaid

$20.15

Amount remaining

$0.00

Date repaid

Jun 12, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 30, 2017 $2.96 May 2, 2017 $2.96
May 7, 2017 $2.96 May 21, 2017 $2.96
May 14, 2017 $2.96 May 21, 2017 $2.96
May 21, 2017 $2.96 May 29, 2017 $2.96
May 28, 2017 $2.96 Jun 2, 2017 $2.96
Jun 4, 2017 $2.96 Jun 2, 2017 $2.66
Jun 12, 2017 $0.30
Jun 11, 2017 $2.40 Jun 12, 2017 $2.40

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