Entrepreneur
Name
Steven
Member since
May 2014
On-time repayments
23 installments • 26%
About Me
I am a hardworking and honest young guy from Thika. Having completed my form four education one year ago, I decided to look for something little that could generate me some small income since finding a job in our locality was somehow hard. I grew passion on cloths and so I started form buying two t-shirts and reselling them to my friends, hence they now call me a business man. Ihave passion also in football and pool table. I am determined to be join college by next year ie 2015 to go and study business management
My Business
I started to buy and sale t-shirts just few months ago after high school and ever since I have found that there is alot of potential in that business thats why I decided to expand the business and start dealing with not only t-shirts but also trousers. I intend to use the loan to buy 10 tshirts an 10 trousers. The wholesale cost for one trouser is $2.3 while that of a tshirt is $ 1.7. So, I will spend about $40 in total. I project that the business will be earning me a profit of around $40 (100%) which will help me save some money for my college fee and also help my family and myself with the basic expenses . I will be happy if zidisha community helps me me get into my fit on this business.
Loan Proposal
Thanks lenders for your support! I would like to use the loan to purchase 10 tshirts and 10 trousers. Each trouser goes for $2.3 on wholesale and each tshirt is $1.7 on wholesale. So, I will be able to buy all these items on wholesale for $40. After selling, I project to earn 100% profit from this and I will use part of it to repay the loan and meet a few daily expenses.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 9, 2014
Repayment status
Late
Projected term
5 months
Lenders
Summary
Amount repaid
$17.79
Amount remaining
$34.93
Expected completion
Dec 19, 2014
Status
Repaying late
Installment amount
$2.33
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 19, 2014 | $5.69 | Jul 26, 2014 | $5.69 |
| Jul 26, 2014 | $0.13 | Jul 26, 2014 | $0.13 |
| Aug 2, 2014 | $2.33 | Aug 2, 2014 | $2.33 |
| Aug 9, 2014 | $2.33 | Aug 2, 2014 | $0.58 |
| Aug 16, 2014 | $1.74 | ||
| Aug 16, 2014 | $2.33 | Aug 16, 2014 | $0.58 |
| Sep 6, 2014 | $1.16 | ||
| Sep 22, 2014 | $0.58 | ||
| Aug 23, 2014 | $2.33 | Sep 22, 2014 | $1.86 |
| Oct 4, 2014 | $0.47 | ||
| Aug 30, 2014 | $2.33 | Oct 4, 2014 | $0.93 |
| Oct 19, 2014 | $1.16 | ||
| Nov 29, 2014 | $0.23 | ||
| Sep 6, 2014 | $2.33 | Nov 29, 2014 | $0.35 |
| Sep 13, 2014 | $2.33 | ||
| Sep 20, 2014 | $2.33 | ||
| Sep 27, 2014 | $2.33 | ||
| Oct 4, 2014 | $2.33 | ||
| Oct 11, 2014 | $2.33 | ||
| Oct 18, 2014 | $2.33 | ||
| Oct 25, 2014 | $2.33 | ||
| Nov 1, 2014 | $2.33 | ||
| Nov 7, 2014 | $2.33 | ||
| Nov 14, 2014 | $2.33 | ||
| Nov 21, 2014 | $2.33 | ||
| Nov 28, 2014 | $2.33 | ||
| Dec 5, 2014 | $2.33 | ||
| Dec 12, 2014 | $2.33 | ||
| Dec 19, 2014 | $0.40 | ||
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