Entrepreneur
Name
Stephen
Member since
May 2013
On-time repayments
181 installments • 65%
About Me
My name is Stephen Kiratu Maina and a resident of racecourse estate in Nakuru town.am married with three daughters all who are in various colleges here in nakuru county.After graduating from Kenya polytechnic l was employed as a electrician for fifteen years in Nairobi city but later started my own electrical shop here in Town.Though at first it was a challenge l thank God for this far as this has enabled me to educate my daughters and develop myself economically.l as do electrical repairs within the town.
My Business
l started the electrical shop in 1997 after getting out of employment.The business is very profitable and l do get my stock from the wholesalers in Nairobi and sell at a profit margin of 30%. mostly l stock the china product as they are cheap and easily affordable to the customers.Although there is a lot of competition from other traders l make sure that my prices are competitive and my technical knowledge in this field serves as added advantage to my business.l make an average of ks 15,000 as profit after deducting the business expenses.if advanced with the loan l will add more stock to the business hence increasing the sales.
Loan Proposal
Dear all, l take this opportunity to salute you all and my sincere hope that all is well with you.l am doing great here in Kenya and l thank the entire Zidisha platform for giving me yet another opportunity to raise a loan to enable me pay school fees for my daughter who is still in university in third year. l will use the whole loan amount to pay the school fees. it is my sincere hope that this time l will be lucky enough and l am appealing to all my lenders to kindly assist me to make my daughters dream come true. God bless you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$394.00
Date disbursed
Dec 8, 2014
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
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Summary
Amount repaid
$425.37
Amount remaining
$0.00
Date repaid
Aug 3, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 21, 2014 | $12.89 | Dec 21, 2014 | $12.89 |
| Dec 28, 2014 | $12.89 | Dec 21, 2014 | $0.60 |
| Dec 28, 2014 | $12.29 | ||
| Jan 4, 2015 | $12.89 | Dec 28, 2014 | $1.19 |
| Jan 4, 2015 | $11.70 | ||
| Jan 11, 2015 | $12.89 | Jan 4, 2015 | $1.79 |
| Jan 11, 2015 | $11.10 | ||
| Jan 18, 2015 | $12.89 | Jan 11, 2015 | $2.38 |
| Jan 18, 2015 | $10.51 | ||
| Jan 25, 2015 | $12.89 | Jan 18, 2015 | $2.98 |
| Jan 25, 2015 | $9.91 | ||
| Feb 1, 2015 | $12.89 | Jan 25, 2015 | $3.57 |
| Feb 1, 2015 | $9.31 | ||
| Feb 8, 2015 | $12.89 | Feb 1, 2015 | $4.17 |
| Feb 8, 2015 | $8.72 | ||
| Feb 15, 2015 | $12.89 | Feb 8, 2015 | $4.76 |
| Feb 15, 2015 | $8.12 | ||
| Feb 22, 2015 | $12.89 | Feb 15, 2015 | $5.36 |
| Feb 22, 2015 | $7.53 | ||
| Mar 1, 2015 | $12.89 | Feb 22, 2015 | $5.96 |
| Mar 1, 2015 | $6.93 | ||
| Mar 8, 2015 | $12.89 | Mar 1, 2015 | $6.55 |
| Mar 8, 2015 | $6.34 | ||
| Mar 15, 2015 | $12.89 | Mar 8, 2015 | $7.15 |
| Mar 15, 2015 | $5.74 | ||
| Mar 22, 2015 | $12.89 | Mar 15, 2015 | $7.74 |
| Mar 22, 2015 | $5.15 | ||
| Mar 29, 2015 | $12.89 | Mar 22, 2015 | $8.34 |
| Mar 29, 2015 | $4.55 | ||
| Apr 5, 2015 | $12.89 | Mar 29, 2015 | $8.93 |
| Apr 5, 2015 | $3.96 | ||
| Apr 12, 2015 | $12.89 | Apr 12, 2015 | $12.89 |
| Apr 19, 2015 | $12.89 | Apr 18, 2015 | $12.89 |
| Apr 26, 2015 | $12.89 | Apr 26, 2015 | $12.89 |
| May 3, 2015 | $12.89 | May 3, 2015 | $12.89 |
| May 10, 2015 | $12.89 | May 10, 2015 | $12.89 |
| May 17, 2015 | $12.89 | May 17, 2015 | $12.89 |
| May 24, 2015 | $12.89 | May 24, 2015 | $12.89 |
| May 31, 2015 | $12.89 | Jun 1, 2015 | $12.89 |
| Jun 7, 2015 | $12.89 | Jun 6, 2015 | $12.89 |
| Jun 14, 2015 | $12.89 | Jun 13, 2015 | $12.89 |
| Jun 21, 2015 | $12.89 | Jun 21, 2015 | $12.89 |
| Jun 28, 2015 | $12.89 | Jun 28, 2015 | $12.89 |
| Jul 5, 2015 | $12.89 | Jul 9, 2015 | $12.89 |
| Jul 12, 2015 | $12.89 | Jul 12, 2015 | $12.89 |
| Jul 19, 2015 | $12.89 | Jul 19, 2015 | $12.89 |
| Jul 26, 2015 | $12.89 | Jul 25, 2015 | $12.89 |
| Aug 2, 2015 | $12.97 | Aug 3, 2015 | $12.97 |
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