Stephhen
Kayole Nairobi, Kenya
80% repaid
Name
Stephhen
Member since
December 2012
On-time repayments
39 installments • 54%
Am born and raised in molo in mona village,am married with two children in primary school and the other one at home.i sell ground nuts in buruburu next to jimlizer hotel.my educational back ground was not able to finish my primary school due to lack of finances .my parents were not able to finance nmy schoool so i decide to vcenture in to business with my level of education i want able to secure a job so i started selling second hand cloths then left to ground nuts.i stop selling clothes because it was door to door and it was seasonal,so i stop for groundnuts because its profit was huge comparing to my business
i sell groundnuts and boiled maize at buru buru next to jimlizer hotel. I started the business with some savings which I got from selling second hand clothes. There is demand of goods because the services, quality products, customer care compared to my competitors. The challenges facing the business when maize is out of service, the demand grow low, I run my business in an open air, so which makes it hard day if under scorching sun. When prices get hiked and am not able to pass them to the customers. Given the way I will expand the business open more brands. Montly costs 150,000 Ksh, profits 40,000.
I, Stephen Kariuki I wish to apply for the above selected loan amount whereby I want to use the amount in continuing expanding my business which will bring more profit.
I will be glad if you will be able to grant me the loan because i want to get more stock for my business so that my work will be efficient and effective.
Lastly I want to appreciate your organization because if it were not for your good work which you are helping people I will not be where I am today may the Lord bless you and give you strength so that you will always be in a position to help.
Waiting to hear from you soon.
Thanking you in advance.
Yours faithfully
Stephen Kariuki
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$222.00
Date disbursed
Jun 2, 2015
Repayment status
Late
Projected term
3 months
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Amount repaid
$186.32
Amount remaining
$47.41
Expected completion
Sep 13, 2015
Status
Repaying late
Installment amount
$16.69
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 14, 2015 | $16.69 | Jun 14, 2015 | $16.69 |
Jun 21, 2015 | $16.69 | Jun 14, 2015 | $1.20 |
Jul 8, 2015 | $15.49 | ||
Jun 28, 2015 | $16.69 | Jul 8, 2015 | $16.08 |
Aug 5, 2015 | $0.61 | ||
Jul 5, 2015 | $16.69 | Aug 5, 2015 | $16.69 |
Jul 12, 2015 | $16.69 | Aug 5, 2015 | $3.75 |
Sep 4, 2015 | $12.95 | ||
Jul 19, 2015 | $16.69 | Sep 4, 2015 | $2.84 |
Sep 4, 2015 | $13.85 | ||
Jul 26, 2015 | $16.69 | Sep 4, 2015 | $12.46 |
Sep 18, 2015 | $4.23 | ||
Aug 2, 2015 | $16.69 | Sep 18, 2015 | $16.69 |
Aug 9, 2015 | $16.69 | Sep 18, 2015 | $16.69 |
Aug 16, 2015 | $16.69 | Sep 18, 2015 | $16.69 |
Aug 23, 2015 | $16.69 | Sep 18, 2015 | $16.69 |
Aug 30, 2015 | $16.69 | Sep 18, 2015 | $2.67 |
Sep 6, 2015 | $16.69 | ||
Sep 13, 2015 | $16.69 |
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