Paul
Ndunyu Njeru, Kenya
45% repaid
Name
Paul
Member since
May 2015
On-time repayments
6 installments • 17%
My name is Paul Mukundi . I was born and brought up in Ndunyu Njeru. Life was not all easy . I started my schooling in Ndunyu Njeru Primary School in the year 1999. God was so faithful to me despite the great challenges that I encountered on my way He so me through. I was not in a position to continue with my studies to secondary school as there finantial condition of my parents was not good at all .Therefore I was forced to terminate my studies immediately after the completion of my class eight .Stephen Mungai my elder step brother was in form two by the time I cleared my class eight I opted that he would continue with schooling since if I would have been enrolled in form one , the economic situation of our family then would have led to both of as stopping our schooling at a point . Sharing this story in a public domain
,gives me a very painful feeling as I remember The childhood experiences. However this did not deter me from working tremendiously hard in every other chance that I got . I started with jua kali work employed on wages and salaries at times which were not suitable at all. I thank GOD because as I currently write my situation and that of our family is not the same again. though I have not been in a position to continue with my studies which is my big dream, I have archieved a little as I started a boutique where I sell clothes and shoes for both gender.
I started my business three years ago and God have been very faithful. Since I started the business I have been in position to support my family and even that of my step brother Stephen whom I mentionend earlier though our father divorced them. I greately love them and its my prayer that we will be reunited one day. I believe when we shall be finantially stable I will continue with my learning. As you see in my facebook account I indicate that I have studied to university level as I am much optimistic I will reach there like my step brother one day.
Given the loan I shall buy a tailoring machine worth 95dollars. This machine will help me add the services to my customers . I target to raise my profits by 47dollars every month from services once I introduce the tailoring services. My profits will help me continue supporting the family to its finantial stability, increase stock and save for my furtherin of studies. I am much optimistic you are going to fund me .
Dear lenders being in the experience of selling clothes for the last over three years , I received interest of tailoring new models of clothes .I went to a tailoring school where I learn the course . I am optimistic that when I am funded I will buy a machine that will help me add my stock by kneating new and ready clothes that meets my customers demands. The machine will be for about 95 dollars I will add the remaining amount to the amount I receive and purchase the machine. This machine will add my monthly profits by 37dollars. the profits shall be used to repay my loan as well as increasing stock , family support and saving for my further learning .
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 2, 2016
Repayment status
Late
Projected term
6 weeks
Amount repaid
$47.50
Amount remaining
$57.62
Expected completion
Feb 14, 2016
Status
Repaying late
Installment amount
$20.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 10, 2016 | $20.00 | Jan 15, 2016 | $20.00 |
Jan 17, 2016 | $20.00 | Jan 15, 2016 | $8.00 |
Jan 28, 2016 | $5.00 | ||
Jan 30, 2016 | $6.00 | ||
Feb 16, 2016 | $1.00 | ||
Jan 24, 2016 | $20.00 | Feb 16, 2016 | $7.50 |
Jan 31, 2016 | $20.00 | ||
Feb 7, 2016 | $20.00 | ||
Feb 14, 2016 | $5.12 |
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