Logistics · Hodan
Contract C-1501: Truck parts
Graduated
Referred to a Somali equity exchange and listed. Its last open contract settled at listing.
Business #K01
Trucking between Mogadishu and regional markets.
The real name is verified by the platform through KYC and kept private. Public IDs are a deliberate security choice.
Kalsooni Score
T5990 / 1000
990 now
Dotted lines mark the scores needed for T2, T3, T4 and T5.
- Repayment history (50% weight)98
- Unrelated investors (30% weight, 160 investors)100
- Time on platform (20% weight, 38 months)100
Repayment track record
Contracts fulfilled: 3 / 3
Standard report summary
Reported by the business and checked against mobile-money statements where provided. Public to everyone.
Tranche schedule
- Tranche 1 · $2,000Released
Paid directly to the supplier once the contract is signed
- Tranche 2 · $2,000Released
Paid to the supplier after delivery is confirmed
- Final payout · $1,000Released
Controlled by the platform. Released after reports are checked; can be paused if an anomaly is detected
Repayments
- Jul 2024$908paid
- Aug 2024$908paid
- Sep 2024$908paid
- Oct 2024$908paid
- Nov 2024$908paid
- Dec 2024$908paid
Contract terms
- The platform buys the goods from the supplier directly. The business never receives this $5,000 as cash.
- The business then repays cost plus a markup agreed at signing, over 6 months. The markup does not grow if repayment is late.
- Investors expect 8–10% over the whole term. The range is there because the final supplier invoice sets the exact figure.
- If the business fails, you can lose some or all of this money. Recovery goes back to investors in proportion to what each put in.
- If fraud is found, the business is permanently banned and what remains is liquidated back to investors.
Risk disclosure
You can lose some or all of your money.
This is a venture market. These are small, young businesses, and some fail. Returns are expectations, not promises.
You may not be able to get your money out before a contract ends. Keep each investment small and spread across businesses.