Entrepreneur
Name
Patrick
Member since
February 2015
On-time repayments
125 installments • 16%
About Me
My name is Patrick Amugamwa iam amarried man age 30 years.Iam the soul bread winner of my family of four.I studied at mapera primary school,I droped out of school at my o level which forced me to look for temporary jobs and found some money that helped me to start these small business.Despise a lot of challenges iam still moving on.I come from western Kenya a place called Kakamega but currently living in Eldoret.I have been living in these town for the past fifteen years.
My Business
I have been operating for the last 10 years ,Because of ever increasing Population In Eldoret people are building houses every day.Thus the demand is high.I buy my material from the near by hardware I make doors and windows using metals.The cost of running the business monthly is 10,000/=.
The following is how I normally use profit from the business
10%I give tithe to the Church
70%Up keep i.e Food and rent
5% Savings
15% I support my aged mother and sisters in law.
Loan Proposal
Dear lenders, in my business I do welding using solders and also different shapes of iron bars and plates at times.
If my loan is funded, I will be able to buy 3 packets of solders at 3,300KES , in US$35 and the remaining amount will use to buy iron bars and plates 5734KES, in US$65. This will increase my profit margin by at least 2% which is about 1500KES and enable my customers to get most things they need from me without having to walk looking for the goods.
Looking forward to my second loan being funded. Once again, thank you for having funded my previous loan.
Feedback
Positive
1
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Aug 7, 2015
Repayment status
Late
Projected term
24 months
Other loans
Lenders
I want my "My loans" page back, Qatar
Bremen, Germany
Taiwan
United States
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Summary
Amount repaid
$26.90
Amount remaining
$71.33
Expected completion
Aug 6, 2017
Status
Repaying late
Installment amount
$1.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $3.00 | Sep 2, 2015 | $3.00 |
| Aug 23, 2015 | $3.00 | Sep 2, 2015 | $3.00 |
| Aug 30, 2015 | $3.00 | Sep 2, 2015 | $3.00 |
| Sep 6, 2015 | $3.00 | Sep 2, 2015 | $1.20 |
| Oct 2, 2015 | $1.80 | ||
| Sep 13, 2015 | $3.00 | Oct 2, 2015 | $1.90 |
| Oct 31, 2015 | $1.10 | ||
| Sep 20, 2015 | $3.00 | Oct 31, 2015 | $3.00 |
| Sep 27, 2015 | $3.00 | Oct 31, 2015 | $2.60 |
| Nov 24, 2015 | $0.40 | ||
| Oct 4, 2015 | $2.40 | Nov 24, 2015 | $2.40 |
| Oct 11, 2015 | $0.00 | ||
| Oct 18, 2015 | $0.00 | ||
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $0.00 | ||
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $0.00 | ||
| Dec 13, 2015 | $0.00 | ||
| Dec 20, 2015 | $0.00 | ||
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $0.00 | ||
| 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 | $1.00 | Mar 8, 2016 | $1.00 |
| Mar 13, 2016 | $1.00 | Mar 8, 2016 | $1.00 |
| Mar 20, 2016 | $1.00 | Mar 8, 2016 | $1.00 |
| Mar 27, 2016 | $1.00 | Mar 8, 2016 | $0.50 |
| Apr 3, 2016 | $1.00 | ||
| Apr 10, 2016 | $1.00 | ||
| Apr 17, 2016 | $1.00 | ||
| Apr 24, 2016 | $1.00 | ||
| May 1, 2016 | $1.00 | ||
| May 8, 2016 | $1.00 | ||
| May 15, 2016 | $1.00 | ||
| May 22, 2016 | $1.00 | ||
| May 29, 2016 | $1.00 | ||
| Jun 5, 2016 | $1.00 | ||
| Jun 12, 2016 | $1.00 | ||
| Jun 19, 2016 | $1.00 | ||
| Jun 26, 2016 | $1.00 | ||
| Jul 3, 2016 | $1.00 | ||
| Jul 10, 2016 | $1.00 | ||
| Jul 17, 2016 | $1.00 | ||
| Jul 24, 2016 | $1.00 | ||
| Jul 31, 2016 | $1.00 | ||
| Aug 7, 2016 | $1.00 | ||
| Aug 14, 2016 | $1.00 | ||
| Aug 21, 2016 | $1.00 | ||
| Aug 28, 2016 | $1.00 | ||
| Sep 4, 2016 | $1.00 | ||
| Sep 11, 2016 | $1.00 | ||
| Sep 18, 2016 | $1.00 | ||
| Sep 25, 2016 | $1.00 | ||
| Oct 2, 2016 | $1.00 | ||
| Oct 9, 2016 | $1.00 | ||
| Oct 16, 2016 | $1.00 | ||
| Oct 23, 2016 | $1.00 | ||
| Oct 30, 2016 | $1.00 | ||
| Nov 6, 2016 | $1.00 | ||
| Nov 13, 2016 | $1.00 | ||
| Nov 20, 2016 | $1.00 | ||
| Nov 27, 2016 | $1.00 | ||
| Dec 4, 2016 | $1.00 | ||
| Dec 11, 2016 | $1.00 | ||
| Dec 18, 2016 | $1.00 | ||
| Dec 25, 2016 | $1.00 | ||
| Jan 1, 2017 | $1.00 | ||
| Jan 8, 2017 | $1.00 | ||
| Jan 15, 2017 | $1.00 | ||
| Jan 22, 2017 | $1.00 | ||
| Jan 29, 2017 | $1.00 | ||
| Feb 5, 2017 | $1.00 | ||
| Feb 12, 2017 | $1.00 | ||
| Feb 19, 2017 | $1.00 | ||
| Feb 26, 2017 | $1.00 | ||
| Mar 5, 2017 | $1.00 | ||
| Mar 12, 2017 | $1.00 | ||
| Mar 19, 2017 | $1.00 | ||
| Mar 26, 2017 | $1.00 | ||
| Apr 2, 2017 | $1.00 | ||
| Apr 9, 2017 | $1.00 | ||
| Apr 16, 2017 | $1.00 | ||
| Apr 23, 2017 | $1.00 | ||
| Apr 30, 2017 | $1.00 | ||
| May 7, 2017 | $1.00 | ||
| May 14, 2017 | $1.00 | ||
| May 21, 2017 | $1.00 | ||
| May 28, 2017 | $1.00 | ||
| Jun 4, 2017 | $1.00 | ||
| Jun 11, 2017 | $1.00 | ||
| Jun 18, 2017 | $1.00 | ||
| Jun 25, 2017 | $1.00 | ||
| Jul 2, 2017 | $1.00 | ||
| Jul 9, 2017 | $1.00 | ||
| Jul 16, 2017 | $1.00 | ||
| Jul 23, 2017 | $1.00 | ||
| Jul 30, 2017 | $1.00 | ||
| Aug 6, 2017 | $0.83 | ||
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