Virginia
Nakuru, Kenya
100% repaid
Name
Virginia
Member since
July 2015
On-time repayments
96 installments • 80%
I am a Kenyan Lady aged 45 years. i was born and brought up in Nakuru Town where my parents were second hand clothes sellers. i went through my primary & secondary education in nakuru town. i attended mwangaza college of business studies and later joined Star women self help group and after saving for six months i acquired a loan of Kshs.7500. i started selling second hand handbags. having being brought up by business parents i felt it is something within the family. I have been getting loans and doing different small businesses which enable me earn a living and repay the loan.
Our land is not very productive and that is why i venture into business other than farming.
My children also want to be business citizens because they are the ones who i leave behind to man the business while i am in the field/market.
Reading motivational books and weekly business magazines and watching documentaries of successful business people in the world.
I sell Kerosene, second hand cloths,bags, shoes and charcoal in bags.
these goods are useful because where i stay the people live in different categories. some can afford kerosene, others charcoal as fuel. Most of them cant go to supermarket or to town to buy new clothes, bags or shoes.
I use the profit by paying school fees, re-investing in the business and other family up-keeps.
With the loan,I'll be able to buy a 2x200 liters tank of kerosen at 0.65 dollars a liter and later sell it at a retail price of 0.87 dollars a liter.
With this, I'll be able to control the shortage of kerosen around the neighborhood hence making their life easier for they will not have to walk for long distance in search of this commodity and my business will expand too.
A 2x200ltrs tank will cost me 260 dollars wholesale price and I'll sell it at a retail of 348 dollars increasing my profit with 88 dollars that will enable me to repay my loan comfortably.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$213.00
Date disbursed
Jan 24, 2016
Repayment status
On Time
Projected term
10 months
Other loans
Hong Kong
United States
Amount repaid
$224.23
Amount remaining
$0.00
Date repaid
Nov 24, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 31, 2016 | $5.00 | Feb 5, 2016 | $5.00 |
Feb 7, 2016 | $5.00 | Feb 5, 2016 | $5.00 |
Feb 14, 2016 | $5.00 | Feb 5, 2016 | $5.00 |
Feb 21, 2016 | $5.00 | Feb 22, 2016 | $5.00 |
Feb 28, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
Mar 6, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
Mar 13, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
Mar 20, 2016 | $5.00 | Mar 26, 2016 | $5.00 |
Mar 27, 2016 | $5.00 | Mar 26, 2016 | $5.00 |
Apr 3, 2016 | $5.00 | Apr 2, 2016 | $5.00 |
Apr 10, 2016 | $5.00 | Apr 2, 2016 | $5.00 |
Apr 17, 2016 | $5.00 | Apr 18, 2016 | $5.00 |
Apr 24, 2016 | $5.00 | Apr 18, 2016 | $5.00 |
May 1, 2016 | $5.00 | May 10, 2016 | $5.00 |
May 8, 2016 | $5.00 | May 10, 2016 | $5.00 |
May 15, 2016 | $5.00 | May 27, 2016 | $5.00 |
May 22, 2016 | $5.00 | May 27, 2016 | $5.00 |
May 29, 2016 | $5.00 | Jun 1, 2016 | $5.00 |
Jun 5, 2016 | $5.00 | Jun 1, 2016 | $5.00 |
Jun 12, 2016 | $5.00 | Jun 18, 2016 | $5.00 |
Jun 19, 2016 | $5.00 | Jun 18, 2016 | $5.00 |
Jun 26, 2016 | $5.00 | Jun 25, 2016 | $5.00 |
Jul 3, 2016 | $5.00 | Jul 2, 2016 | $5.00 |
Jul 10, 2016 | $5.00 | Jul 10, 2016 | $5.00 |
Jul 17, 2016 | $5.00 | Jul 16, 2016 | $5.00 |
Jul 24, 2016 | $5.00 | Jul 16, 2016 | $5.00 |
Jul 31, 2016 | $5.00 | Jul 31, 2016 | $5.00 |
Aug 7, 2016 | $5.00 | Aug 7, 2016 | $5.00 |
Aug 14, 2016 | $5.00 | Aug 7, 2016 | $5.00 |
Aug 21, 2016 | $5.00 | Aug 23, 2016 | $5.00 |
Aug 28, 2016 | $5.00 | Aug 29, 2016 | $5.00 |
Sep 4, 2016 | $5.00 | Sep 5, 2016 | $5.00 |
Sep 11, 2016 | $5.00 | Sep 12, 2016 | $5.00 |
Sep 18, 2016 | $5.00 | Sep 18, 2016 | $5.00 |
Sep 25, 2016 | $5.00 | Oct 1, 2016 | $5.00 |
Oct 2, 2016 | $5.00 | Oct 1, 2016 | $1.00 |
Oct 4, 2016 | $4.00 | ||
Oct 9, 2016 | $5.00 | Oct 4, 2016 | $5.00 |
Oct 16, 2016 | $5.00 | Oct 15, 2016 | $5.00 |
Oct 23, 2016 | $5.00 | Oct 15, 2016 | $5.00 |
Oct 30, 2016 | $5.00 | Oct 30, 2016 | $5.00 |
Nov 6, 2016 | $5.00 | Nov 7, 2016 | $5.00 |
Nov 13, 2016 | $5.00 | Nov 14, 2016 | $5.00 |
Nov 20, 2016 | $5.00 | Nov 20, 2016 | $5.00 |
Nov 27, 2016 | $5.00 | Nov 24, 2016 | $5.00 |
Dec 4, 2016 | $4.23 | Nov 24, 2016 | $4.23 |
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