Name
George
Member since
October 2014
On-time repayments
230 installments • 35%
I am 31 years old, married still not blessed with a child. Professionally I am an Accountant and part time entrepreneur. Financial constraints is an ever present thing in employment life, so I do small scale business besides to raise extra income to support my other siblings and also get college fee for my ongoing degree program.
I love soccer and rugby and I like financial reports and business news. I started working as a casual employee then enrolled for accounting courses, from that I was able to be employed permanently, I still believe business is the way to go!
I am selling second hand shoes, I buy in bulk at lower price and the profit margin is good, usually I buy bales 2 bales per week, each bale contains approximately 150 pairs, each bale costs USD37 so by 2=USD74 , I sell each pair at 5USD, so if sell the two bales completely I will make (5USD*300)=1500USD which gives me a good profit margin.
I chose this business because second hand shoes is fast moving and does not go bad, and the business is also flexible in that I am able to juggle it up with my part time studies.
I use the profit for reinvestment into the business,my college fees, upkeep and also fees to my younger sisters who are in high school.
I will buy more stock, with the loan of USD200, I will buy 5 bales each costing USD37, the stock moves in bits since I sell in pairs. If I sell the 5 bales completely, I make a profit of USD100, (USD20 each bale).
With my fourth loan, I anticipate my business to grow bigger, this will make my cash flow to improve and improve my general livelihood.
I will also ensure prompt loan repayment so that I increase my credit limit. Thank you very much!
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$207.00
Date disbursed
Aug 25, 2015
Repayment status
Late
Projected term
46 months
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Germany
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Belgium
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Amount repaid
$199.00
Amount remaining
$17.31
Expected completion
Jul 7, 2019
Status
Repaying late
Installment amount
$9.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 6, 2015 | $9.00 | Sep 6, 2015 | $9.00 |
Sep 13, 2015 | $9.00 | Sep 13, 2015 | $2.50 |
Sep 14, 2015 | $6.50 | ||
Sep 20, 2015 | $9.00 | Oct 6, 2015 | $9.00 |
Sep 27, 2015 | $0.00 | ||
Oct 4, 2015 | $0.00 | ||
Oct 11, 2015 | $5.00 | Oct 18, 2015 | $5.00 |
Oct 18, 2015 | $5.00 | Nov 5, 2015 | $5.00 |
Oct 25, 2015 | $5.00 | Nov 5, 2015 | $5.00 |
Nov 1, 2015 | $5.00 | Nov 5, 2015 | $5.00 |
Nov 8, 2015 | $5.00 | Nov 8, 2015 | $5.00 |
Nov 15, 2015 | $5.00 | Nov 21, 2015 | $5.00 |
Nov 22, 2015 | $5.00 | Dec 10, 2015 | $5.00 |
Nov 29, 2015 | $5.00 | Dec 10, 2015 | $5.00 |
Dec 6, 2015 | $0.00 | ||
Dec 13, 2015 | $0.00 | ||
Dec 20, 2015 | $0.00 | ||
Dec 27, 2015 | $0.00 | ||
Jan 3, 2016 | $0.00 | ||
Jan 10, 2016 | $2.50 | Jan 9, 2016 | $2.50 |
Jan 17, 2016 | $2.50 | Jan 17, 2016 | $2.50 |
Jan 24, 2016 | $2.50 | Jan 24, 2016 | $2.50 |
Jan 31, 2016 | $2.50 | Jan 31, 2016 | $2.50 |
Feb 7, 2016 | $2.50 | Feb 7, 2016 | $2.50 |
Feb 14, 2016 | $2.50 | Feb 7, 2016 | $2.00 |
Feb 14, 2016 | $0.50 | ||
Feb 21, 2016 | $2.50 | Feb 21, 2016 | $2.50 |
Feb 28, 2016 | $2.50 | Mar 12, 2016 | $2.50 |
Mar 6, 2016 | $2.50 | Mar 12, 2016 | $2.50 |
Mar 13, 2016 | $0.00 | ||
Mar 20, 2016 | $0.00 | ||
Mar 27, 2016 | $0.00 | ||
Apr 3, 2016 | $2.00 | Apr 2, 2016 | $2.00 |
Apr 10, 2016 | $2.00 | Apr 2, 2016 | $2.00 |
Apr 17, 2016 | $2.00 | Apr 2, 2016 | $2.00 |
Apr 24, 2016 | $2.00 | Jun 6, 2016 | $2.00 |
May 1, 2016 | $2.00 | Jun 6, 2016 | $2.00 |
May 8, 2016 | $2.00 | Jun 6, 2016 | $2.00 |
May 15, 2016 | $0.00 | ||
May 22, 2016 | $0.00 | ||
May 29, 2016 | $0.00 | ||
Jun 5, 2016 | $0.00 | ||
Jun 12, 2016 | $0.00 | ||
Jun 19, 2016 | $0.00 | ||
Jun 26, 2016 | $1.50 | Jun 25, 2016 | $1.50 |
Jul 3, 2016 | $1.50 | Jul 3, 2016 | $1.50 |
Jul 10, 2016 | $1.50 | Aug 6, 2016 | $1.50 |
Jul 17, 2016 | $1.50 | Aug 6, 2016 | $1.50 |
Jul 24, 2016 | $0.00 | ||
Jul 31, 2016 | $0.00 | ||
Aug 7, 2016 | $0.00 | ||
Aug 14, 2016 | $0.00 | ||
Aug 21, 2016 | $0.00 | ||
Aug 28, 2016 | $1.00 | Sep 1, 2016 | $1.00 |
Sep 4, 2016 | $1.00 | Sep 1, 2016 | $1.00 |
Sep 11, 2016 | $1.00 | Sep 1, 2016 | $1.00 |
Sep 18, 2016 | $1.00 | Sep 1, 2016 | $1.00 |
Sep 25, 2016 | $1.00 | Sep 1, 2016 | $1.00 |
Oct 2, 2016 | $1.00 | Nov 25, 2016 | $1.00 |
Oct 9, 2016 | $1.00 | Nov 25, 2016 | $1.00 |
Oct 16, 2016 | $1.00 | Nov 25, 2016 | $1.00 |
Oct 23, 2016 | $1.00 | Nov 25, 2016 | $1.00 |
Oct 30, 2016 | $1.00 | Nov 25, 2016 | $1.00 |
Nov 6, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Nov 13, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Nov 20, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Nov 27, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Dec 4, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Dec 11, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Dec 18, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Dec 25, 2016 | $1.00 | Dec 19, 2016 | $1.00 |
Jan 1, 2017 | $1.00 | Dec 19, 2016 | $1.00 |
Jan 8, 2017 | $1.00 | Dec 19, 2016 | $1.00 |
Jan 15, 2017 | $1.00 | Jan 17, 2017 | $1.00 |
Jan 22, 2017 | $1.00 | Jan 17, 2017 | $1.00 |
Jan 29, 2017 | $1.00 | Feb 5, 2017 | $1.00 |
Feb 5, 2017 | $1.00 | Feb 5, 2017 | $1.00 |
Feb 12, 2017 | $1.00 | Feb 20, 2017 | $1.00 |
Feb 19, 2017 | $1.00 | Feb 20, 2017 | $1.00 |
Feb 26, 2017 | $1.00 | Feb 26, 2017 | $1.00 |
Mar 5, 2017 | $1.00 | Feb 26, 2017 | $1.00 |
Mar 12, 2017 | $1.00 | Mar 16, 2017 | $1.00 |
Mar 19, 2017 | $1.00 | Mar 16, 2017 | $1.00 |
Mar 26, 2017 | $1.00 | Oct 31, 2018 | $1.00 |
Apr 2, 2017 | $1.00 | Oct 31, 2018 | $1.00 |
Apr 9, 2017 | $1.00 | Oct 31, 2018 | $1.00 |
Apr 16, 2017 | $1.00 | Nov 15, 2018 | $1.00 |
Apr 23, 2017 | $1.00 | Nov 15, 2018 | $1.00 |
Apr 30, 2017 | $1.00 | Nov 15, 2018 | $1.00 |
May 7, 2017 | $0.00 | ||
May 14, 2017 | $0.00 | ||
May 21, 2017 | $0.00 | ||
May 28, 2017 | $0.00 | ||
Jun 4, 2017 | $0.00 | ||
Jun 11, 2017 | $0.00 | ||
Jun 18, 2017 | $0.00 | ||
Jun 25, 2017 | $0.00 | ||
Jul 2, 2017 | $0.00 | ||
Jul 9, 2017 | $0.00 | ||
Jul 16, 2017 | $0.00 | ||
Jul 23, 2017 | $0.00 | ||
Jul 30, 2017 | $0.00 | ||
Aug 6, 2017 | $0.00 | ||
Aug 13, 2017 | $0.00 | ||
Aug 20, 2017 | $0.00 | ||
Aug 27, 2017 | $0.00 | ||
Sep 3, 2017 | $0.00 | ||
Sep 10, 2017 | $0.00 | ||
Sep 17, 2017 | $0.00 | ||
Sep 24, 2017 | $0.00 | ||
Oct 1, 2017 | $0.00 | ||
Oct 8, 2017 | $0.00 | ||
Oct 15, 2017 | $0.00 | ||
Oct 22, 2017 | $0.00 | ||
Oct 29, 2017 | $0.00 | ||
Nov 5, 2017 | $0.00 | ||
Nov 12, 2017 | $0.00 | ||
Nov 19, 2017 | $0.00 | ||
Nov 26, 2017 | $0.00 | ||
Dec 3, 2017 | $0.00 | ||
Dec 10, 2017 | $0.00 | ||
Dec 17, 2017 | $0.00 | ||
Dec 24, 2017 | $0.00 | ||
Dec 31, 2017 | $0.00 | ||
Jan 7, 2018 | $0.00 | ||
Jan 14, 2018 | $0.00 | ||
Jan 21, 2018 | $0.00 | ||
Jan 28, 2018 | $0.00 | ||
Feb 4, 2018 | $0.00 | ||
Feb 11, 2018 | $0.00 | ||
Feb 18, 2018 | $0.00 | ||
Feb 25, 2018 | $0.00 | ||
Mar 4, 2018 | $0.00 | ||
Mar 11, 2018 | $0.00 | ||
Mar 18, 2018 | $0.00 | ||
Mar 25, 2018 | $0.00 | ||
Apr 1, 2018 | $0.00 | ||
Apr 8, 2018 | $0.00 | ||
Apr 15, 2018 | $0.00 | ||
Apr 22, 2018 | $0.00 | ||
Apr 29, 2018 | $0.00 | ||
May 6, 2018 | $0.00 | ||
May 13, 2018 | $0.00 | ||
May 20, 2018 | $0.00 | ||
May 27, 2018 | $0.00 | ||
Jun 3, 2018 | $0.00 | ||
Jun 10, 2018 | $0.00 | ||
Jun 17, 2018 | $0.00 | ||
Jun 24, 2018 | $0.00 | ||
Jul 1, 2018 | $0.00 | ||
Jul 8, 2018 | $0.00 | ||
Jul 15, 2018 | $0.00 | ||
Jul 22, 2018 | $0.00 | ||
Jul 29, 2018 | $0.00 | ||
Aug 5, 2018 | $0.00 | ||
Aug 12, 2018 | $0.00 | ||
Aug 19, 2018 | $0.00 | ||
Aug 26, 2018 | $0.00 | ||
Sep 2, 2018 | $0.00 | ||
Sep 9, 2018 | $0.00 | ||
Sep 16, 2018 | $0.00 | ||
Sep 23, 2018 | $0.00 | ||
Sep 30, 2018 | $0.00 | ||
Oct 7, 2018 | $0.00 | ||
Oct 14, 2018 | $0.00 | ||
Oct 21, 2018 | $0.00 | ||
Oct 28, 2018 | $0.00 | ||
Nov 4, 2018 | $0.00 | ||
Nov 11, 2018 | $0.00 | ||
Nov 18, 2018 | $0.00 | ||
Nov 25, 2018 | $0.00 | ||
Dec 2, 2018 | $0.00 | ||
Dec 9, 2018 | $0.00 | ||
Dec 16, 2018 | $0.00 | ||
Dec 23, 2018 | $0.00 | ||
Dec 30, 2018 | $0.00 | ||
Jan 6, 2019 | $0.00 | ||
Jan 13, 2019 | $0.00 | ||
Jan 20, 2019 | $0.00 | ||
Jan 27, 2019 | $0.50 | Jan 27, 2019 | $0.50 |
Feb 3, 2019 | $0.50 | Feb 1, 2019 | $0.50 |
Feb 10, 2019 | $0.50 | Feb 8, 2019 | $0.50 |
Feb 17, 2019 | $0.50 | Feb 19, 2019 | $0.50 |
Feb 24, 2019 | $0.50 | Feb 19, 2019 | $0.50 |
Mar 3, 2019 | $9.00 | Mar 8, 2019 | $9.00 |
Mar 10, 2019 | $9.00 | Apr 11, 2019 | $9.00 |
Mar 17, 2019 | $0.00 | ||
Mar 24, 2019 | $0.00 | ||
Mar 31, 2019 | $0.00 | ||
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 | $3.00 | May 15, 2019 | $3.00 |
May 19, 2019 | $3.00 | May 15, 2019 | $3.00 |
May 26, 2019 | $3.00 | May 15, 2019 | $3.00 |
Jun 2, 2019 | $3.00 | May 15, 2019 | $3.00 |
Jun 9, 2019 | $9.00 | May 15, 2019 | $9.00 |
Jun 16, 2019 | $9.00 | May 15, 2019 | $9.00 |
Jun 23, 2019 | $9.00 | Aug 7, 2019 | $5.00 |
Jun 30, 2019 | $9.00 | ||
Jul 7, 2019 | $4.31 |
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