Entrepreneur
Name
Thomas
Member since
December 2014
On-time repayments
278 installments • 65%
About Me
My name is Thomas Mwanza and I have a passion for making a difference in my local urban community. I believe that if every person contributes positively to the society, our world will be greatly improved in no time. In addition, I know that sacrifice is the reason for a better tomorrow. I was raised and educated up to college level in the rural areas of Eastern Kenya before relocating to the city in search of work. Since I could not secure a formal job, I opted to work in a barbershop as an assistant and saved some money with which I began my own business. Beginning the business was not easy since I had to skip meals to save some money . In the end, I was able to accumulate enough money because I was patient. In my culture there is a wise saying that: little by little fills the drum, and I completely agree with it.
My Business
My business is a barbershop where I offer the service of shaving people according to their desired styles. The reason for getting in to this business is because it was my hobby since childhood. Demand for barber services is constant and I always have customers. I am particularly good in relating with customers in addition to shaving them excellently so I have many new and return customers. The typical costs I incur in this business are related to buying shampoos, rent, electricity bill, and salary for one assistant. These costs are usually lesser than the income I get. Therefore, I will get money to repay the loan in timely manner.
Loan Proposal
I'm going to use the new loan to buy more beauty products for use in the business. There shall be improved income in the business when I receive the loan and I will be grateful
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$246.00
Date disbursed
Dec 5, 2018
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
Summary
Amount repaid
$246.56
Amount remaining
$0.00
Date repaid
Mar 1, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 18, 2018 | $19.71 | Jan 1, 2019 | $19.71 |
| Dec 25, 2018 | $0.00 | ||
| Jan 1, 2019 | $0.00 | ||
| Jan 8, 2019 | $0.00 | ||
| Jan 15, 2019 | $0.00 | ||
| Jan 22, 2019 | $0.00 | ||
| Jan 29, 2019 | $0.00 | ||
| Feb 5, 2019 | $0.00 | ||
| Feb 12, 2019 | $9.85 | Feb 11, 2019 | $9.85 |
| Feb 19, 2019 | $9.85 | Feb 17, 2019 | $9.85 |
| Feb 26, 2019 | $9.85 | Feb 27, 2019 | $9.85 |
| Mar 5, 2019 | $0.00 | ||
| Mar 12, 2019 | $0.00 | ||
| Mar 19, 2019 | $4.93 | Mar 22, 2019 | $4.93 |
| Mar 26, 2019 | $4.93 | Mar 27, 2019 | $4.93 |
| Apr 2, 2019 | $4.93 | Apr 5, 2019 | $4.93 |
| Apr 9, 2019 | $4.93 | Apr 17, 2019 | $4.93 |
| Apr 16, 2019 | $0.00 | ||
| Apr 23, 2019 | $0.00 | ||
| Apr 30, 2019 | $4.93 | Jun 6, 2019 | $4.93 |
| May 7, 2019 | $4.93 | Jun 6, 2019 | $4.93 |
| May 14, 2019 | $4.93 | Jun 6, 2019 | $4.93 |
| May 21, 2019 | $4.93 | Jun 6, 2019 | $4.93 |
| May 28, 2019 | $4.93 | Jun 6, 2019 | $4.93 |
| Jun 4, 2019 | $14.78 | Jun 6, 2019 | $9.85 |
| Jun 14, 2019 | $4.93 | ||
| Jun 11, 2019 | $0.00 | ||
| Jun 18, 2019 | $0.00 | ||
| Jun 25, 2019 | $0.00 | ||
| Jul 2, 2019 | $0.00 | ||
| Jul 9, 2019 | $0.00 | ||
| Jul 16, 2019 | $2.96 | Jul 15, 2019 | $2.96 |
| Jul 23, 2019 | $0.00 | ||
| Jul 30, 2019 | $0.00 | ||
| Aug 6, 2019 | $0.00 | ||
| Aug 13, 2019 | $0.00 | ||
| Aug 20, 2019 | $0.00 | ||
| Aug 27, 2019 | $0.00 | ||
| Sep 3, 2019 | $1.97 | Sep 5, 2019 | $1.97 |
| Sep 10, 2019 | $1.97 | Sep 15, 2019 | $1.97 |
| Sep 17, 2019 | $1.97 | Sep 22, 2019 | $1.97 |
| Sep 24, 2019 | $1.97 | Sep 22, 2019 | $1.97 |
| Oct 1, 2019 | $1.97 | Oct 15, 2019 | $1.97 |
| Oct 8, 2019 | $0.00 | ||
| Oct 15, 2019 | $0.00 | ||
| Oct 22, 2019 | $1.97 | Oct 26, 2019 | $1.97 |
| Oct 29, 2019 | $1.97 | Oct 26, 2019 | $1.97 |
| Nov 5, 2019 | $1.97 | Nov 12, 2019 | $1.97 |
| Nov 12, 2019 | $1.97 | Nov 21, 2019 | $1.97 |
| Nov 19, 2019 | $1.97 | Nov 21, 2019 | $1.97 |
| Nov 26, 2019 | $0.00 | ||
| Dec 3, 2019 | $1.97 | Dec 1, 2019 | $1.97 |
| Dec 10, 2019 | $0.00 | ||
| Dec 17, 2019 | $0.00 | ||
| Dec 24, 2019 | $0.00 | ||
| Dec 31, 2019 | $1.97 | Jan 9, 2020 | $1.97 |
| Jan 7, 2020 | $1.97 | Jan 9, 2020 | $1.97 |
| Jan 14, 2020 | $1.97 | Jan 25, 2020 | $1.97 |
| Jan 21, 2020 | $1.97 | Jan 25, 2020 | $1.97 |
| Jan 28, 2020 | $1.97 | Feb 1, 2020 | $1.97 |
| Feb 4, 2020 | $0.00 | ||
| Feb 11, 2020 | $1.97 | Feb 29, 2020 | $1.97 |
| Feb 18, 2020 | $1.97 | Feb 29, 2020 | $1.97 |
| Feb 25, 2020 | $1.97 | Feb 29, 2020 | $1.97 |
| Mar 3, 2020 | $1.97 | Mar 1, 2020 | $1.97 |
| Mar 10, 2020 | $1.97 | Mar 1, 2020 | $1.97 |
| Mar 17, 2020 | $41.10 | Mar 1, 2020 | $41.10 |
| Mar 24, 2020 | $41.10 | Mar 1, 2020 | $41.10 |
| Mar 31, 2020 | $11.62 | Mar 1, 2020 | $11.62 |
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