Name
Newton
Member since
February 2015
On-time repayments
61 installments • 77%
My names are,Newton Nyakundi Nyamongo,i was born in a village by the name Bonyunyu in Nyanira County.I grew up in a hunble and God fearing family of three,As i grew up;i was aggressive in anything that will bring an extra coin little did i knew that after college i was to venture into business.
Immediately after college,i went through ups and down since i worked as labourer in My village.Tried to save the little i got so as to enable me to start a boutique.In our culture, land is a prime factor of production whereby one is required to protect fully
My business is all about Boutique,i sell dress,shoes for ladies,I choose this type of business because of its high demand of ladies wear and its profit,I contribute alot to my family and young sisters .Nevertheless...,when sales are good i do save so as to enable me to add stock...As time goes,am intending to purchase a piece of land and build some Rental houses for the purpose of increasing profits..,on the other hand i would also like to expand my business due to the high demand of customers hence create employment to many.
After getting the loan i will add some stock of ladies blouses costing 2 dollars each,due to this i will have good sales and also satisfy my customers with the latest they deserve..After the sales,i will expect about 80% profit
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$105.00
Amount remaining
$0.00
Date repaid
May 21, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 6, 2016 | $8.03 | Mar 3, 2016 | $8.03 |
Mar 13, 2016 | $8.03 | Mar 3, 2016 | $2.01 |
Mar 13, 2016 | $6.02 | ||
Mar 20, 2016 | $8.03 | Mar 18, 2016 | $8.03 |
Mar 27, 2016 | $8.03 | Mar 26, 2016 | $8.03 |
Apr 3, 2016 | $8.03 | Apr 3, 2016 | $8.03 |
Apr 10, 2016 | $8.03 | Apr 10, 2016 | $8.03 |
Apr 17, 2016 | $0.35 | Apr 10, 2016 | $0.35 |
Apr 24, 2016 | $10.03 | Apr 16, 2016 | $8.03 |
Apr 25, 2016 | $2.01 | ||
May 1, 2016 | $10.03 | Apr 25, 2016 | $8.03 |
May 1, 2016 | $2.01 | ||
May 8, 2016 | $10.03 | May 1, 2016 | $8.03 |
May 8, 2016 | $2.01 | ||
May 15, 2016 | $10.03 | May 8, 2016 | $8.03 |
May 15, 2016 | $2.01 | ||
May 22, 2016 | $16.35 | May 15, 2016 | $8.03 |
May 21, 2016 | $8.33 |
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