Addittional stock for my electronic accessories shop
Jack
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Jack
Member since
July 2015
On-time repayments
233 installments • 10%
About Me
Am a born again christian, a degree in business administration holder a firstborn in a family of three, a father and a husband of one child and wife respectively.
In addittion i work in nakumatt supermarket as a salesman.
Growing up in a humble background inspired me to always work hard and starting my business was a dream come true.
The biggest obstacle to starting my business was raising the capital i needed to begin. This prompted me to borrow from family and friends and add to my little savings and begin.
With time my business has achieved stability.
My hobbies include reading novels and watching documentaries.
My Business
My business is located in kahawa sukari and deals in sale of tools and electronic accessories such as mobile phone batteries,memory cards,flash discs,mobile phones,pliers and screw drivers among other things.
I chose to delve into this business due to high demand for such goods.
The business has existed for three years.
My typical costs per month include: rent-$78
Employee salary-$111
the business usually realise an average profit of $355
Most of the profits are usually re invested in the business.
Loan Proposal
With this loan, i will increase my stock by acquiring addittional commodities such as: extensions $25 and mobile phone housings $35
This will enable customers to be able to find this goods from shop.
This loan will also boost my profit margin by about 7%.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Summary
Amount repaid
$104.50
Amount remaining
$0.00
Date repaid
Nov 12, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $19.00 | Aug 7, 2015 | $2.00 |
| Aug 16, 2015 | $17.00 | ||
| Aug 23, 2015 | $19.00 | Aug 23, 2015 | $19.00 |
| Aug 30, 2015 | $19.00 | Aug 23, 2015 | $0.50 |
| Aug 30, 2015 | $18.50 | ||
| Sep 6, 2015 | $1.50 | Aug 30, 2015 | $1.50 |
| Sep 13, 2015 | $2.00 | Sep 7, 2015 | $2.00 |
| Sep 20, 2015 | $2.00 | Sep 7, 2015 | $0.33 |
| Sep 14, 2015 | $1.67 | ||
| Sep 27, 2015 | $2.00 | Sep 14, 2015 | $0.44 |
| Sep 21, 2015 | $1.56 | ||
| Oct 4, 2015 | $2.00 | Sep 21, 2015 | $0.44 |
| Sep 28, 2015 | $1.56 | ||
| Oct 11, 2015 | $2.00 | Sep 28, 2015 | $0.44 |
| Oct 5, 2015 | $1.56 | ||
| Oct 18, 2015 | $2.00 | Oct 5, 2015 | $0.64 |
| Oct 12, 2015 | $1.36 | ||
| Oct 25, 2015 | $2.00 | Oct 12, 2015 | $0.64 |
| Oct 19, 2015 | $1.36 | ||
| Nov 1, 2015 | $2.00 | Oct 19, 2015 | $0.64 |
| Oct 26, 2015 | $1.36 | ||
| Nov 8, 2015 | $2.00 | Oct 26, 2015 | $0.64 |
| Nov 2, 2015 | $1.36 | ||
| Nov 15, 2015 | $2.00 | Nov 2, 2015 | $0.64 |
| Nov 9, 2015 | $1.36 | ||
| Nov 22, 2015 | $2.00 | Nov 9, 2015 | $0.84 |
| Nov 12, 2015 | $1.16 | ||
| Nov 29, 2015 | $2.00 | Nov 12, 2015 | $2.00 |
| Dec 6, 2015 | $2.00 | Nov 12, 2015 | $2.00 |
| Dec 13, 2015 | $2.00 | Nov 12, 2015 | $2.00 |
| Dec 20, 2015 | $2.00 | Nov 12, 2015 | $2.00 |
| Dec 27, 2015 | $2.00 | Nov 12, 2015 | $2.00 |
| Jan 3, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Jan 10, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Jan 17, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Jan 24, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Jan 31, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Feb 7, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
| Feb 14, 2016 | $2.00 | Nov 12, 2015 | $2.00 |
Ask Jack a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.