Entrepreneur
Name
Edward
Member since
August 2017
On-time repayments
17 installments • 82%
About Me
I am a Kenyan citizen aged 46, I operate a hotel and guest house business in kitale town and have been in the industry for more than 6 years now and also own a posho mill. It has helped me take my kids to school and also enabled me acquire 1 acre of land and built a home for my family. I have 5 kids, 3 boys and 2 girls one has already finished university with a degree in business management and currently looking for a job, one is in university, 1 in form two and one in class eight.
My Business
I run a hotel and guest house business in kitale town which entails selling of foodstuff, juice, nyama choma and soft drinks to customers daily except on sundays. I have done this business for the last 6 years and has paid and mantained me alot. I also run a posho mill that helps me and the community to mill maize flour for ugali. I have dreams of expanding the business in the coming future.
Loan Proposal
I will buy rice 50 kgs which is approximately $50 buy cooking oil 10 litres approximately $12 .This will enable my daily business operations run smoothly and efficiently and also it ensures my day to day customers are satisfied. I expect a profit of around 60% which is about $35 after deducting all operational costs. Any assistance offered to me will be highly appreciated. Thank you
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$62.00
Date disbursed
Jan 18, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
Germany
Malaysia
Ask Edward a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$38.43
Amount remaining
$23.67
Expected completion
Mar 3, 2018
Status
Repaying late
Installment amount
$11.83
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 27, 2018 | $11.83 | Jan 26, 2018 | $9.85 |
| Jan 27, 2018 | $1.97 | ||
| Feb 3, 2018 | $11.83 | Jan 27, 2018 | $2.96 |
| Jan 27, 2018 | $2.46 | ||
| Feb 6, 2018 | $6.41 | ||
| Feb 10, 2018 | $11.83 | Feb 6, 2018 | $3.45 |
| Feb 21, 2018 | $7.39 | ||
| Apr 26, 2019 | $0.99 | ||
| Feb 17, 2018 | $11.83 | Apr 26, 2019 | $2.96 |
| Feb 24, 2018 | $11.83 | ||
| Mar 3, 2018 | $2.98 | ||
James Jan 4, 2018
JimVandegriff Nov 4, 2017
Edward Nov 14, 2017
Loading...