Buy solar lamps

Richard

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

September 2018

On-time repayments

54 installments  •  24%

About Me

I am Richard. I grew up in Western Kenya. I came to Nairobi for undergraduate studies at the University of Nairobi. In Nairobi, I have worked as an online marketing and tour consultant for 14 years. I run a blog at how.co.ke and an online business at hawlast.com.

My Business

I am as of March 2024 now back in Nairobi. My online business at hawlast.com is growing well and can cater to operations. I manage 30 websites for clients and get a small annual fee from each website owner. My services include search engine optimization, Speed optimization, and software development. The typical costs include hosting space for my website, rent, and internet connection costs.
Almost 70% profit from the business goes towards paying living expenses. This year I have got more customers and I will have some room to do digital advertising

Loan Proposal

I would like to buy solar lamps for sale in the village at a profit. The loan amount will give me 5 D.light solar lamps that I will be able to sale in the village. The reason, I like the solar business is that the product is good for the environment in the long run as more people adopt the use of solar lam, we will reduce reliance on oil as a country hence reduce greenhouse emissions. Also, the health of households using them (as opposed to kerosene lamps) and the households save money that can be used to buy nutritious food or a book.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.00

Date disbursed

Aug 2, 2019

Repayment status

On Time

Projected term

11 months

Lenders

M

Margaret

United States

M

Mary

United States

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Summary

Amount repaid

$42.08

Amount remaining

$0.00

Date repaid

Jul 2, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 11, 2019 $0.00
Aug 18, 2019 $0.00
Aug 25, 2019 $0.00
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $4.93 Sep 14, 2019 $4.93
Sep 22, 2019 $4.93 Mar 11, 2020 $1.97
Apr 24, 2020 $2.96
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.00
Nov 3, 2019 $0.00
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $0.00
Dec 29, 2019 $0.00
Jan 5, 2020 $0.00
Jan 12, 2020 $0.00
Jan 19, 2020 $0.00
Jan 26, 2020 $0.00
Feb 2, 2020 $0.00
Feb 9, 2020 $0.00
Feb 16, 2020 $0.00
Feb 23, 2020 $0.00
Mar 1, 2020 $0.00
Mar 8, 2020 $0.00
Mar 15, 2020 $0.00
Mar 22, 2020 $0.00
Mar 29, 2020 $0.00
Apr 5, 2020 $0.00
Apr 12, 2020 $0.00
Apr 19, 2020 $0.00
Apr 26, 2020 $0.00
May 3, 2020 $0.00
May 10, 2020 $0.00
May 17, 2020 $0.00
May 24, 2020 $0.00
May 31, 2020 $0.00
Jun 7, 2020 $7.89 Jun 7, 2020 $7.89
Jun 14, 2020 $7.89 Jul 2, 2020 $7.89
Jun 21, 2020 $7.89 Jul 2, 2020 $7.89
Jun 28, 2020 $7.89 Jul 2, 2020 $7.89
Jul 5, 2020 $0.65 Jul 2, 2020 $0.65

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