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Dede’s till

Dede’s moto

A motorbike taxi. Rides across town, paid at the drop.

  • 15.0% a year to lenders, on what is drawn
  • 15% of each sale repays the loan
  • about $714 a day
  • opened 71d ago in Kigali

In the till

$1,960.91

+$663.25 net, last four days

The line$380.00

3 lenders
Drawn
$200.52
Room to draw
$179.48
Lent
$380.00
Sold, all time
$1,979.23
694 sales
Spent, all time
$758.10
63 costs
Interest owed
$0.000405
15% a year, ticking
Paid to lenders
$0.05
first, out of every sale

An example till: every seat is open. Last sale 7m ago, $1.50.

Dede’s moto, the tape694 sales
  1. ride, downtown1.50
  2. ride, downtown2.26
  3. ride, Nyamirambo1.37
  4. Costfuel−6.86
  5. ride, airport4.86
  6. loan, last 5 sales−1.88
  7. ride, airport5.52
  8. ride, downtown2.07
  9. ride, downtown1.58
  10. ride, downtown1.87
  11. ride, Nyamirambo1.45
  12. loan, last 5 sales−2.55
  13. ride, airport5.03
  14. ride, airport4.40
  15. ride, Nyamirambo1.36
  16. ride, airport4.77
  17. ride, Nyamirambo1.48
  18. loan, last 5 sales−2.86
  19. ride, downtown2.41
  20. ride, airport5.15
  21. ride, airport4.39
  22. ride, downtown1.89
  23. ride, airport5.26
  24. loan, last 5 sales−2.09
  25. ride, Nyamirambo1.35
  26. ride, Nyamirambo1.73
  27. ride, airport4.59
  28. ride, airport4.65
  29. ride, Nyamirambo1.62
  30. loan, last 5 sales−1.58
  31. ride, Nyamirambo1.31

The line, worked out

  1. 35% of the till, $1,960.91$686.32
  2. + what it netted, four days$663.25
  3. = what the books support$1,349.57
  4. held at what was lent$380.00
  5. The line$380.00
  6. − drawn$200.52
  7. Room to draw$179.48

The line, the last hour: steady, held at what was lent

Who lent

  • Aline M.$120+$0.02
  • Jean-Paul$200+$0.03
  • Claudine$60+$0.01

Interest is paid out of each sale before anything else, in proportion to what each lender put in. What is not drawn can be taken back any time.