Constructing shelves to expand business selling home supplies

Daniel Ajulu

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daniel Ajulu

Location

Nairobi, Kenya

On-time repayments

47 weekly installments  •  100%

About Me

My Name is Daniel Obudho, i am a graduate of Economics and sociology. I left employment in 2014. Started very small in business, little capital and support from family. Its not been easy, persistence has kept me going. Due to low funds and bad choices my business has gone through a lot of storms and still stood. i have learnt to be master of all, i diversify a lot.

My Business

i have M-pesa, Equity and Family agency, at the end of the month the agency pay me commissions, i diversify a lot, i have a photocopy machine, a have 5 computers that i use for cyber purposes and i also sell pop corn in my shop. i am situated next to a clinic i plan to stock items such us pampers and item that can be bought by expecting mothers , also want to add cooperative agency. I have employed 3 persons plus my wife. My First born is to join form one next year

Loan Proposal

Want to construct shelves for stocking items like Pampers, Photocopy Rims and packaging bags. An additional staff will be required. My business income will increase since because of further diversification of my sales items.

Income Source

This new business that i intend to do will be an additional business, my major business which is photocopy will help me in clearing the loan while the new Pampas business grows and gets noticed as i market it.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.12

Date disbursed

Oct 1, 2020

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $1.27

Credit risk payment: $0.89

Lenders

HH

Helen Horseman

United Kingdom

B

Bass

Australia

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Summary

Amount repaid

$13.12

Amount remaining

$0.00

Date repaid

Oct 8, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 8, 2020 $4.38 Oct 6, 2020 $4.38
Oct 15, 2020 $4.38 Oct 6, 2020 $2.18
Oct 8, 2020 $2.19
Oct 22, 2020 $4.37 Oct 8, 2020 $4.37

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