Business expansion

George

Zebra Estate,githuguri Location, Machakos County, Kenya

60% repaid

Entrepreneur

Name

George

Member since

January 2013

On-time repayments

191 installments  •  53%

About Me

I was born in the year 1982 in Muranga County, I join a primary school called Mbari Ya Hitii Primary School where a did my primary level education very well but I did not go to high School because of lack of School fees and started my business as a hawker in the year 1988 . and now am a businessman operating a wholesale business and a shop, am married with two children. One boy and a girl. My daughter is in primary school in class five and the boy is in class two. I am working very hard to provide for my family basic needs such as food and good Education.

My Business

My business is of selling merchandised goods both wholesale and retail. In my blessing shop I sell good like sweets, soaps, detergents, cooking fats, maize flour, wheat flour and many more goods, I also owner two motor circle where I have employed two people who work for me. I supply goods to all the shops in Zebra Estate and the surrounding areas. My dairy sale is Kenya Shillings fifty thousand shillings per day making a profit of Kenya shillings four thousand shillings per day after all the expenses and the business gives me a profit of Kenya shillings two thousand only

Loan Proposal

I kindly request a loan to expand my wholesale business and convert my shop to a mini supermarket/ self selection store. I will use Ksh 140, 000 to buy more merchandises such as foods stuff, cereals, sugar, detergents and many others households goods from local distributors and manufacturers in bulk to enjoy good trade and cash discounts the balance of the loan I will use to convert my shop in to a self selection store and stock it with more products for customers to choose from . This will increase my daily sales by 50% thus I will get more profit.

Feedback

7

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,495.00

Date disbursed

Dec 14, 2015

Repayment status

Late

Projected term

27 months

Lenders

Kitty

Hailsham, United Kingdom

Zidisha

Sterling, United States

pentatonicscale

Niiza-shi, Japan

camilberlin

Berlin, Germany

Evan Lamos

Brussels, Belgium

E

erregen351

United States

J

johnrmeier

United States

MW

Matt Willis

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$1,577.56

Amount remaining

$1,044.99

Expected completion

Mar 11, 2018

Status

Repaying late

Installment amount

$20.00

Repayment History

Expected Payments Actual Payments
Dec 27, 2015 $40.00 Dec 28, 2015 $40.00
Jan 3, 2016 $40.00 Jan 5, 2016 $40.00
Jan 10, 2016 $40.00 Jan 11, 2016 $40.00
Jan 17, 2016 $40.00 Jan 19, 2016 $40.00
Jan 24, 2016 $40.00 Jan 30, 2016 $40.00
Jan 31, 2016 $40.00 Feb 5, 2016 $40.00
Feb 7, 2016 $40.00 Feb 11, 2016 $40.00
Feb 14, 2016 $40.00 Feb 18, 2016 $40.00
Feb 21, 2016 $40.00 Feb 26, 2016 $40.00
Feb 28, 2016 $40.00 Mar 6, 2016 $40.00
Mar 6, 2016 $40.00 Mar 12, 2016 $40.00
Mar 13, 2016 $20.56 May 3, 2016 $20.56
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $0.00
May 8, 2016 $35.00 May 10, 2016 $35.00
May 15, 2016 $35.00 May 16, 2016 $35.00
May 22, 2016 $35.00 May 27, 2016 $35.00
May 29, 2016 $35.00 May 27, 2016 $5.00
Jun 5, 2016 $30.00
Jun 5, 2016 $35.00 Jun 5, 2016 $2.00
Jun 11, 2016 $33.00
Jun 12, 2016 $35.00 Jun 11, 2016 $2.00
Jun 19, 2016 $33.00
Jun 19, 2016 $35.00 Jun 19, 2016 $7.00
Jun 26, 2016 $28.00
Jun 26, 2016 $35.00 Jun 26, 2016 $7.00
Jul 6, 2016 $28.00
Jul 3, 2016 $35.00 Jul 6, 2016 $12.00
Jul 16, 2016 $23.00
Jul 10, 2016 $35.00 Jul 16, 2016 $22.00
Jul 24, 2016 $13.00
Jul 17, 2016 $35.00 Jul 24, 2016 $25.00
Aug 2, 2016 $10.00
Jul 24, 2016 $35.00 Aug 2, 2016 $30.00
Aug 12, 2016 $5.00
Jul 31, 2016 $35.00 Aug 12, 2016 $35.00
Aug 7, 2016 $35.00 Aug 18, 2016 $35.00
Aug 14, 2016 $35.00 Aug 18, 2016 $5.00
Aug 28, 2016 $30.00
Aug 21, 2016 $35.00 Aug 28, 2016 $9.00
Sep 4, 2016 $26.00
Aug 28, 2016 $35.00 Sep 4, 2016 $14.00
Sep 15, 2016 $21.00
Sep 4, 2016 $17.00 Sep 15, 2016 $17.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $30.00 Sep 26, 2016 $30.00
Oct 2, 2016 $30.00 Oct 5, 2016 $30.00
Oct 9, 2016 $30.00 Oct 14, 2016 $30.00
Oct 16, 2016 $30.00 Oct 22, 2016 $30.00
Oct 23, 2016 $30.00 Oct 28, 2016 $30.00
Oct 30, 2016 $30.00 Nov 7, 2016 $30.00
Nov 6, 2016 $30.00 Nov 13, 2016 $30.00
Nov 13, 2016 $30.00 Nov 20, 2016 $30.00
Nov 20, 2016 $30.00 Nov 27, 2016 $30.00
Nov 27, 2016 $30.00 Dec 6, 2016 $30.00
Dec 4, 2016 $30.00 Dec 18, 2016 $30.00
Dec 11, 2016 $30.00 Dec 18, 2016 $10.00
Dec 27, 2016 $20.00
Dec 18, 2016 $30.00 Dec 27, 2016 $10.00
Jan 5, 2017 $20.00
Dec 25, 2016 $30.00 Jan 5, 2017 $10.00
Jan 18, 2017 $20.00
Jan 1, 2017 $30.00 Jan 18, 2017 $20.00
Jan 31, 2017 $10.00
Jan 8, 2017 $30.00 Jan 31, 2017 $30.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $25.00 Feb 14, 2017 $25.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $20.00
Mar 19, 2017 $20.00
Mar 26, 2017 $20.00
Apr 2, 2017 $20.00
Apr 9, 2017 $20.00
Apr 16, 2017 $20.00
Apr 23, 2017 $20.00
Apr 30, 2017 $20.00
May 7, 2017 $20.00
May 14, 2017 $20.00
May 21, 2017 $20.00
May 28, 2017 $20.00
Jun 4, 2017 $20.00
Jun 11, 2017 $20.00
Jun 18, 2017 $20.00
Jun 25, 2017 $20.00
Jul 2, 2017 $20.00
Jul 9, 2017 $20.00
Jul 16, 2017 $20.00
Jul 23, 2017 $20.00
Jul 30, 2017 $20.00
Aug 6, 2017 $20.00
Aug 13, 2017 $20.00
Aug 20, 2017 $20.00
Aug 27, 2017 $20.00
Sep 3, 2017 $20.00
Sep 10, 2017 $20.00
Sep 17, 2017 $20.00
Sep 24, 2017 $20.00
Oct 1, 2017 $20.00
Oct 8, 2017 $20.00
Oct 15, 2017 $20.00
Oct 22, 2017 $20.00
Oct 29, 2017 $20.00
Nov 5, 2017 $20.00
Nov 12, 2017 $20.00
Nov 19, 2017 $20.00
Nov 26, 2017 $20.00
Dec 3, 2017 $20.00
Dec 10, 2017 $20.00
Dec 17, 2017 $20.00
Dec 24, 2017 $20.00
Dec 31, 2017 $20.00
Jan 7, 2018 $20.00
Jan 14, 2018 $20.00
Jan 21, 2018 $20.00
Jan 28, 2018 $20.00
Feb 4, 2018 $20.00
Feb 11, 2018 $20.00
Feb 18, 2018 $20.00
Feb 25, 2018 $20.00
Mar 4, 2018 $20.00
Mar 11, 2018 $4.99

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