Entrepreneur
Name
Julius
Member since
October 2016
On-time repayments
53 installments • 40%
About Me
I was born in Kakamega county near Majengo sub county and went to Ikuma primary school and later progressed to Chango high school.
I was born in a poor family being the last born of seven members
My dad was a peasant farmer and my mother was a house help.
It became difficult for me to get school fees which i later managed to through the hard way .Being send home for school fee most of my time.
I began my own business after saving for about three years and had little capital
The uniqueness in my village is that e have less educated families but business oriented
My children wants to be business men and teachers
I like traveling and socializing
My Business
I run a bookshop sale reading books ,novel and school stationery.
Book shop is very useful to student and books are in high demand especially the pens and exercise books
I choose this kind of business because its unique and less people operate it in our village
my revenue its from selling stationary and the cost are those of buying the stationary and paying rent.
I use my profits to pay school fees and re invest
Loan Proposal
Ill buy more stationary of about which will include
books 3 dollars
pens 4 dollars
Pay my rent 5 dollars
reading novels 10 dollars
It will increase my profit m,argon and help me create employment
I expect my profit to increase by 60 %
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 15, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$21.60
Amount remaining
$0.00
Date repaid
Jan 4, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 22, 2016 | $1.01 | Oct 22, 2016 | $1.01 |
| Oct 29, 2016 | $1.01 | Oct 29, 2016 | $1.01 |
| Nov 5, 2016 | $1.01 | Nov 1, 2016 | $1.01 |
| Nov 12, 2016 | $1.01 | Nov 12, 2016 | $1.01 |
| Nov 19, 2016 | $1.01 | Nov 18, 2016 | $1.01 |
| Nov 26, 2016 | $1.01 | Nov 18, 2016 | $1.01 |
| Dec 3, 2016 | $1.01 | Dec 3, 2016 | $1.01 |
| Dec 10, 2016 | $1.01 | Dec 16, 2016 | $1.01 |
| Dec 17, 2016 | $1.01 | Dec 17, 2016 | $1.01 |
| Dec 24, 2016 | $2.02 | Dec 23, 2016 | $2.02 |
| Dec 31, 2016 | $2.02 | Dec 30, 2016 | $2.02 |
| Jan 7, 2017 | $8.49 | Jan 4, 2017 | $8.49 |
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