Aqcuire more stock to my cerial shop to boost my sales
Willy
Mtwapa, Kenya
47% repaid
Entrepreneur
Name
Willy
Member since
October 2014
On-time repayments
24 installments • 13%
About Me
My Name is Willy Onchonga, I was born in Kisii County in 1993 i am a holder of a certificate in Information Technology from Institute of Advanced Technology. I moved in Mombasa in 2012. After College there being no job i resorted to self employment. I am a christian and the last born in our family. I come from a very humble background.
My Business
Baraka Entreprise is the name of my business. I sell cereals in a shop that i opened recently. the items sold are beans, rice, peas, maize, sugar, salt, cooking fats, maize flour, soaps e.t.c. The goods are useful to the human kind because they are most of the basic needs of daily life. I choose this kind of business because i like self employment, i work without stress no supervision and also it was my desire to be a business person.I make around 345 US Dollars per month and the this is the breakdown of expenditure from Rent+Power+Transport+Food and stock cost me around 280 US Dollars and i am sure of making a profit of 100 Dollars on a good sale sometimes goes down to 90 Dollars. I use the profits as my savings as i am focused on opening another establishment with time.
Loan Proposal
I will use the loan to add more stock to my business. The cost of the stock will be 100 US Dollars and that i am sure will boost my sales at my shop. Due to the high demand of the products i am positive it will yield good results.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Oct 16, 2014
Repayment status
Late
Projected term
5 months
Lenders
United Kingdom
Summary
Amount repaid
$49.49
Amount remaining
$56.30
Expected completion
Apr 5, 2015
Status
Repaying late
Installment amount
$4.40
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 26, 2014 | $4.40 | Oct 27, 2014 | $4.32 |
| Nov 14, 2014 | $0.08 | ||
| Nov 2, 2014 | $4.40 | Nov 14, 2014 | $4.40 |
| Nov 9, 2014 | $4.40 | Nov 14, 2014 | $0.92 |
| Jan 7, 2015 | $3.48 | ||
| Nov 16, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Nov 23, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Nov 30, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Dec 7, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Dec 14, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Dec 21, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Dec 28, 2014 | $4.40 | Jan 7, 2015 | $4.40 |
| Jan 4, 2015 | $4.40 | Jan 7, 2015 | $4.40 |
| Jan 11, 2015 | $4.40 | Jan 7, 2015 | $1.11 |
| Jan 18, 2015 | $4.40 | ||
| Jan 25, 2015 | $4.40 | ||
| Feb 1, 2015 | $4.40 | ||
| Feb 8, 2015 | $4.40 | ||
| Feb 15, 2015 | $4.40 | ||
| Feb 22, 2015 | $4.40 | ||
| Mar 1, 2015 | $4.40 | ||
| Mar 8, 2015 | $4.40 | ||
| Mar 15, 2015 | $4.40 | ||
| Mar 22, 2015 | $4.40 | ||
| Mar 29, 2015 | $4.40 | ||
| Apr 5, 2015 | $4.64 | ||
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