Entrepreneur
Name
Samson
Member since
January 2016
On-time repayments
154 installments • 3%
About Me
i got my primary education in a new by public school called kiaritha where by i started from nursery school.my family was not all that stable to keep me in well standard but i appreciate them i made it well.due to poor financial status paying different funds for the school was a problem to them.i used to burn charcoals in order to help them to raise the fund.These happened for so long till when one of a road contractor visited my father to get a small piece of land where he could excavate some marram for road construction.thus where good things started.i thank God since these changed the life of everyone in our home.these helped to go through my secondary education with out any difficulties in my learning.During the hard times we burn charcoals,we also create barriers to nearby stream during the rainy seasons to collect sand which we normally sell for construction.river sand is commonly used in our area for any house construction.After my form four course i joined a construction company worked with it for unskilled jobs.i came along started saving with the little i earned.after one year i introduced the issue of starting a shop around the near by market to my dad where by he reacted positively towards it.He added me some little capital to start down a retail shop.our area is a place with low rainfall thus we term it as a semi arid area but suitable for goat farming.in future i would like my children to get better education better than i did,and even get to higher learning institutions abroad.i like swimming,going out to fish,grazing and even reading novels.
My Business
i owns now a retail shop which i deals with common house hold items e.g sugar rice,soaps,flour,cooking oil and even cosmetics.The distance from my shop to the main market is far for someone to go to buy simple items like a kg of sugar in the morning,a bread,some tealeafs etc.To the locality there are no many shop and more to that they never open early enough in the morning to cater for the needs for the customers.thus i wake up as early as possible to catch up with them.to where i am right now,i am paying some house rent for my shop and even business permit for my business.the profits which i get am using them to improve my stock plus now am starting another water business.these another business which is well moving,i have started but i need a boost to satisfy my customers.
Loan Proposal
i have already started selling clean drinking water which is well moving due to hot condition to the area.these business is more profitable.its earning almost 100%.I want to buy the following stock of water THREE BAIL OF HALF A LTRS WATER @9 dollars,THREE BAIL OF ONE LTR BOTTLED [email protected] DOLLARS,FOUR BAILS OF ONE AND HALF BOTTLED WATER@11 DOLLARS, ALSO I NEED TEN LTRS TWO BAIL@ 6 D0LLARS.i will also add five containers of twenty ltrs @5 dollars.these will raise my profit magin by 45 %i will also purchase a freezer to keep water cool for my customers.These will increase too the number of customers since the condition of the water attracts them.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 9, 2016
Repayment status
Late
Projected term
36 months
Lenders
New York City, United States
United States
Summary
Amount repaid
$9.00
Amount remaining
$148.91
Expected completion
Feb 3, 2019
Status
Repaying late
Installment amount
$1.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 21, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
| Feb 28, 2016 | $0.00 | ||
| Mar 6, 2016 | $1.00 | Mar 9, 2016 | $1.00 |
| Mar 13, 2016 | $1.00 | Mar 24, 2016 | $1.00 |
| Mar 20, 2016 | $1.00 | Mar 24, 2016 | $1.00 |
| Mar 27, 2016 | $1.00 | Mar 24, 2016 | $1.00 |
| Apr 3, 2016 | $1.00 | ||
| Apr 10, 2016 | $1.00 | ||
| Apr 17, 2016 | $1.00 | ||
| Apr 24, 2016 | $1.00 | ||
| May 1, 2016 | $1.00 | ||
| May 8, 2016 | $1.00 | ||
| May 15, 2016 | $1.00 | ||
| May 22, 2016 | $1.00 | ||
| May 29, 2016 | $1.00 | ||
| Jun 5, 2016 | $1.00 | ||
| Jun 12, 2016 | $1.00 | ||
| Jun 19, 2016 | $1.00 | ||
| Jun 26, 2016 | $1.00 | ||
| Jul 3, 2016 | $1.00 | ||
| Jul 10, 2016 | $1.00 | ||
| Jul 17, 2016 | $1.00 | ||
| Jul 24, 2016 | $1.00 | ||
| Jul 31, 2016 | $1.00 | ||
| Aug 7, 2016 | $1.00 | ||
| Aug 14, 2016 | $1.00 | ||
| Aug 21, 2016 | $1.00 | ||
| Aug 28, 2016 | $1.00 | ||
| Sep 4, 2016 | $1.00 | ||
| Sep 11, 2016 | $1.00 | ||
| Sep 18, 2016 | $1.00 | ||
| Sep 25, 2016 | $1.00 | ||
| Oct 2, 2016 | $1.00 | ||
| Oct 9, 2016 | $1.00 | ||
| Oct 16, 2016 | $1.00 | ||
| Oct 23, 2016 | $1.00 | ||
| Oct 30, 2016 | $1.00 | ||
| Nov 6, 2016 | $1.00 | ||
| Nov 13, 2016 | $1.00 | ||
| Nov 20, 2016 | $1.00 | ||
| Nov 27, 2016 | $1.00 | ||
| Dec 4, 2016 | $1.00 | ||
| Dec 11, 2016 | $1.00 | ||
| Dec 18, 2016 | $1.00 | ||
| Dec 25, 2016 | $1.00 | ||
| Jan 1, 2017 | $1.00 | ||
| Jan 8, 2017 | $1.00 | ||
| Jan 15, 2017 | $1.00 | ||
| Jan 22, 2017 | $1.00 | ||
| Jan 29, 2017 | $1.00 | ||
| Feb 5, 2017 | $1.00 | ||
| Feb 12, 2017 | $1.00 | ||
| Feb 19, 2017 | $1.00 | ||
| Feb 26, 2017 | $1.00 | ||
| Mar 5, 2017 | $1.00 | ||
| Mar 12, 2017 | $1.00 | ||
| Mar 19, 2017 | $1.00 | ||
| Mar 26, 2017 | $1.00 | ||
| Apr 2, 2017 | $1.00 | ||
| Apr 9, 2017 | $1.00 | ||
| Apr 16, 2017 | $1.00 | ||
| Apr 23, 2017 | $1.00 | ||
| Apr 30, 2017 | $1.00 | ||
| May 7, 2017 | $1.00 | ||
| May 14, 2017 | $1.00 | ||
| May 21, 2017 | $1.00 | ||
| May 28, 2017 | $1.00 | ||
| Jun 4, 2017 | $1.00 | ||
| Jun 11, 2017 | $1.00 | ||
| Jun 18, 2017 | $1.00 | ||
| Jun 25, 2017 | $1.00 | ||
| Jul 2, 2017 | $1.00 | ||
| Jul 9, 2017 | $1.00 | ||
| Jul 16, 2017 | $1.00 | ||
| Jul 23, 2017 | $1.00 | ||
| Jul 30, 2017 | $1.00 | ||
| Aug 6, 2017 | $1.00 | ||
| Aug 13, 2017 | $1.00 | ||
| Aug 20, 2017 | $1.00 | ||
| Aug 27, 2017 | $1.00 | ||
| Sep 3, 2017 | $1.00 | ||
| Sep 10, 2017 | $1.00 | ||
| Sep 17, 2017 | $1.00 | ||
| Sep 24, 2017 | $1.00 | ||
| Oct 1, 2017 | $1.00 | ||
| Oct 8, 2017 | $1.00 | ||
| Oct 15, 2017 | $1.00 | ||
| Oct 22, 2017 | $1.00 | ||
| Oct 29, 2017 | $1.00 | ||
| Nov 5, 2017 | $1.00 | ||
| Nov 12, 2017 | $1.00 | ||
| Nov 19, 2017 | $1.00 | ||
| Nov 26, 2017 | $1.00 | ||
| Dec 3, 2017 | $1.00 | ||
| Dec 10, 2017 | $1.00 | ||
| Dec 17, 2017 | $1.00 | ||
| Dec 24, 2017 | $1.00 | ||
| Dec 31, 2017 | $1.00 | ||
| Jan 7, 2018 | $1.00 | ||
| Jan 14, 2018 | $1.00 | ||
| Jan 21, 2018 | $1.00 | ||
| Jan 28, 2018 | $1.00 | ||
| Feb 4, 2018 | $1.00 | ||
| Feb 11, 2018 | $1.00 | ||
| Feb 18, 2018 | $1.00 | ||
| Feb 25, 2018 | $1.00 | ||
| Mar 4, 2018 | $1.00 | ||
| Mar 11, 2018 | $1.00 | ||
| Mar 18, 2018 | $1.00 | ||
| Mar 25, 2018 | $1.00 | ||
| Apr 1, 2018 | $1.00 | ||
| Apr 8, 2018 | $1.00 | ||
| Apr 15, 2018 | $1.00 | ||
| Apr 22, 2018 | $1.00 | ||
| Apr 29, 2018 | $1.00 | ||
| May 6, 2018 | $1.00 | ||
| May 13, 2018 | $1.00 | ||
| May 20, 2018 | $1.00 | ||
| May 27, 2018 | $1.00 | ||
| Jun 3, 2018 | $1.00 | ||
| Jun 10, 2018 | $1.00 | ||
| Jun 17, 2018 | $1.00 | ||
| Jun 24, 2018 | $1.00 | ||
| Jul 1, 2018 | $1.00 | ||
| Jul 8, 2018 | $1.00 | ||
| Jul 15, 2018 | $1.00 | ||
| Jul 22, 2018 | $1.00 | ||
| Jul 29, 2018 | $1.00 | ||
| Aug 5, 2018 | $1.00 | ||
| Aug 12, 2018 | $1.00 | ||
| Aug 19, 2018 | $1.00 | ||
| Aug 26, 2018 | $1.00 | ||
| Sep 2, 2018 | $1.00 | ||
| Sep 9, 2018 | $1.00 | ||
| Sep 16, 2018 | $1.00 | ||
| Sep 23, 2018 | $1.00 | ||
| Sep 30, 2018 | $1.00 | ||
| Oct 7, 2018 | $1.00 | ||
| Oct 14, 2018 | $1.00 | ||
| Oct 21, 2018 | $1.00 | ||
| Oct 28, 2018 | $1.00 | ||
| Nov 4, 2018 | $1.00 | ||
| Nov 11, 2018 | $1.00 | ||
| Nov 18, 2018 | $1.00 | ||
| Nov 25, 2018 | $1.00 | ||
| Dec 2, 2018 | $1.00 | ||
| Dec 9, 2018 | $1.00 | ||
| Dec 16, 2018 | $1.00 | ||
| Dec 23, 2018 | $1.00 | ||
| Dec 30, 2018 | $1.00 | ||
| Jan 6, 2019 | $1.00 | ||
| Jan 13, 2019 | $1.00 | ||
| Jan 20, 2019 | $1.00 | ||
| Jan 27, 2019 | $1.00 | ||
| Feb 3, 2019 | $0.91 | ||
Ask Samson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.