Fabric for Business Expansion

Joseph

Malindi, Kenya

42% repaid

Entrepreneur

Name

Joseph

Member since

October 2015

On-time repayments

25 installments  •  0%

About Me

I was born and brought up at Shomela Sub-Location in Magarini district and schooled at Kabiboni Primary .
Challenges are everywhere I am always patient when it comes to hardship and sticky to my job knowing that one things will change.
I started my Business after i left an employment at Mimdan Ltd due to Low season

My Business

My nature of Business is Interior Decor and General Supplies,Mostly goods running here are, Mattresses,Curtains,Pillows,Mosquito Nets,Sofas etc.
I chose this Business because i love it and its my profession.
My costs are, Buying stock,Transport,Rent,paying bills like; Electricity,Water, Airtime and License.
I use the profit to increase some stock,paying school fees for my children.

Loan Proposal

When given the amount,I will buy Curtain materials at a cost of $2.25 per mt.
After buying the materials,I will make curtains of different sizes to sell and employ one or two Guys to help me market my products.
I am expecting a profit of at least 55% from the amount given.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Nov 17, 2015

Repayment status

Late

Projected term

5 months

Lenders

C

cjmenchaca

Austin, United States

J

Jeb33red

Bourne end, United Kingdom

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

Haim Si

Mexico, Mexico

PG

Paul Graham

United States

R

Ryan

United States

JC

juli camrud

United States

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Summary

Amount repaid

$66.00

Amount remaining

$90.74

Expected completion

May 15, 2016

Status

Repaying late

Installment amount

$9.00

Repayment History

Expected Payments Actual Payments
Nov 29, 2015 $11.00 Jan 18, 2016 $11.00
Dec 6, 2015 $11.00 Jan 18, 2016 $11.00
Dec 13, 2015 $11.00 Jan 18, 2016 $11.00
Dec 20, 2015 $11.00 Jan 18, 2016 $11.00
Dec 27, 2015 $11.00 Jan 18, 2016 $11.00
Jan 3, 2016 $11.00 Jan 18, 2016 $11.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $9.00
Mar 20, 2016 $9.00
Mar 27, 2016 $9.00
Apr 3, 2016 $9.00
Apr 10, 2016 $9.00
Apr 17, 2016 $9.00
Apr 24, 2016 $9.00
May 1, 2016 $9.00
May 8, 2016 $9.00
May 15, 2016 $9.74

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