Buying 2 gas cylinders to increase my stock for my business
Dominic
Kapsimbeiywo, Kenya
15% repaid
Entrepreneur
Name
Dominic
Member since
July 2015
On-time repayments
234 installments • 2%
About Me
Am a university undergraduate in kenya. I have been struggling up and down especially in my tertiary education because life has been tough when fending for my daily life..life has thought me a lesson which has really changed my thinking and become entrepreneur in dealing with household goods like utensils,gas cylinders, skyplast water tanks and cuttleries.. i have been moving my goods from house to house looking for a potential customers and special orders from my customers. Before i started my business i have been saving from my pocket money and other part time
activities that i had been engaging in..i saved a total of 10,000 kes and that enabled me to buy small households goods and selling through mobile shop. through the good customer interaction skills i have been having. i have been able to win the goodwill of many customers and every little profit i get is what i have been paying my fees and doing my personal shopping and the rest i have been able to expand my business. The culture of the society i have been is so friendly and it has been relatively good to promoting my business since most people preferred what is already available even if it was not their priority..people are so kind such that nobody would leave me without buying any item. thanks to them all. My hobby is travelling to new places and this has been enabling me to get new ideas and implement it in my business too.
My Business
My business is only dealing with household items like spoons, knives, cups, plates, sufurias, holders, gas cylinders, sky plast thanks and so forth. These items has been in demand and mostly needed in day to day lives, moreso when it is in a new brand or in different new brands.. I choose these kind of business simply because it doesn't need alot of capital and there are many potential customers moreso when you move from house to house, and tax is affordable. These businees is what is also friendly to me because i do itat my free time after classes and is more convinient .I have been intending to use my profits to expand my business and also to buy my personal shopping and also to use as rent as am renting my room that i stay while studying at the university.
Loan Proposal
I intend to use the loan awarded to buy 2 new gas cylinders to increase the stock i have for better profits after sell.The price of one gas cylinder is 40$. These cylinders will enable me raise more money to gather my needs. Also the community will benefit from affordable gas cylinders and free delivery to their homes from me.The profit i will gain from one cylinder i will sell is 500Kes which is equivalent to 5$.Gas cylinders are in high demand especially from a free delivery agent like me after buying. Providing me with the loan will help my business grow and his means good profit will be generated that will help me pay back the loan as well as gathering for my needs.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$125.00
Date disbursed
Aug 19, 2015
Repayment status
Late
Projected term
54 months
Lenders
Sydney, Australia
Glen Spey, United States
Lincoln, United States
HOMMELVIK, Norway
London, United Kingdom
Los Angeles, United States
Haddon Heights, United States
Dallas, United States
Menomonee Falls, United States
Hampshire, United Kingdom
Bicester, United Kingdom
Singapore, Singapore
World Peace, United States
Republic of Korea
United States
Summary
Amount repaid
$20.00
Amount remaining
$110.62
Expected completion
Feb 16, 2020
Status
Repaying late
Installment amount
$1.50
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 30, 2015 | $2.00 | Sep 15, 2015 | $2.00 |
| Sep 6, 2015 | $2.00 | Sep 15, 2015 | $2.00 |
| Sep 13, 2015 | $2.00 | Sep 15, 2015 | $2.00 |
| Sep 20, 2015 | $2.00 | Oct 1, 2015 | $2.00 |
| Sep 27, 2015 | $2.00 | Oct 8, 2015 | $2.00 |
| Oct 4, 2015 | $2.00 | Nov 3, 2015 | $2.00 |
| Oct 11, 2015 | $2.00 | Nov 3, 2015 | $2.00 |
| Oct 18, 2015 | $2.00 | Nov 3, 2015 | $2.00 |
| Oct 25, 2015 | $2.00 | Nov 10, 2015 | $2.00 |
| Nov 1, 2015 | $2.00 | Jan 23, 2019 | $2.00 |
| 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 | $0.00 | ||
| Mar 13, 2016 | $0.00 | ||
| Mar 20, 2016 | $0.00 | ||
| Mar 27, 2016 | $0.00 | ||
| Apr 3, 2016 | $0.00 | ||
| Apr 10, 2016 | $0.00 | ||
| Apr 17, 2016 | $0.00 | ||
| Apr 24, 2016 | $0.00 | ||
| May 1, 2016 | $0.00 | ||
| May 8, 2016 | $0.00 | ||
| May 15, 2016 | $0.00 | ||
| May 22, 2016 | $0.00 | ||
| May 29, 2016 | $0.00 | ||
| Jun 5, 2016 | $0.00 | ||
| Jun 12, 2016 | $0.00 | ||
| Jun 19, 2016 | $0.00 | ||
| Jun 26, 2016 | $0.00 | ||
| Jul 3, 2016 | $0.00 | ||
| Jul 10, 2016 | $0.00 | ||
| Jul 17, 2016 | $0.00 | ||
| Jul 24, 2016 | $0.00 | ||
| Jul 31, 2016 | $0.00 | ||
| Aug 7, 2016 | $0.00 | ||
| Aug 14, 2016 | $0.00 | ||
| Aug 21, 2016 | $0.00 | ||
| Aug 28, 2016 | $0.00 | ||
| Sep 4, 2016 | $0.00 | ||
| Sep 11, 2016 | $0.00 | ||
| Sep 18, 2016 | $0.00 | ||
| Sep 25, 2016 | $0.00 | ||
| Oct 2, 2016 | $0.00 | ||
| Oct 9, 2016 | $0.00 | ||
| Oct 16, 2016 | $0.00 | ||
| Oct 23, 2016 | $0.00 | ||
| Oct 30, 2016 | $0.00 | ||
| Nov 6, 2016 | $0.00 | ||
| Nov 13, 2016 | $0.00 | ||
| Nov 20, 2016 | $0.00 | ||
| Nov 27, 2016 | $0.00 | ||
| Dec 4, 2016 | $0.00 | ||
| Dec 11, 2016 | $0.00 | ||
| Dec 18, 2016 | $0.00 | ||
| Dec 25, 2016 | $0.00 | ||
| Jan 1, 2017 | $0.00 | ||
| Jan 8, 2017 | $0.00 | ||
| Jan 15, 2017 | $0.00 | ||
| Jan 22, 2017 | $0.00 | ||
| Jan 29, 2017 | $0.00 | ||
| Feb 5, 2017 | $0.00 | ||
| Feb 12, 2017 | $0.00 | ||
| Feb 19, 2017 | $0.00 | ||
| Feb 26, 2017 | $0.00 | ||
| Mar 5, 2017 | $0.00 | ||
| Mar 12, 2017 | $0.00 | ||
| Mar 19, 2017 | $0.00 | ||
| Mar 26, 2017 | $0.00 | ||
| Apr 2, 2017 | $0.00 | ||
| Apr 9, 2017 | $0.00 | ||
| Apr 16, 2017 | $0.00 | ||
| Apr 23, 2017 | $0.00 | ||
| Apr 30, 2017 | $0.00 | ||
| May 7, 2017 | $0.00 | ||
| May 14, 2017 | $0.00 | ||
| May 21, 2017 | $0.00 | ||
| May 28, 2017 | $0.00 | ||
| Jun 4, 2017 | $0.00 | ||
| Jun 11, 2017 | $0.00 | ||
| Jun 18, 2017 | $0.00 | ||
| Jun 25, 2017 | $0.00 | ||
| Jul 2, 2017 | $0.00 | ||
| Jul 9, 2017 | $0.00 | ||
| Jul 16, 2017 | $0.00 | ||
| Jul 23, 2017 | $0.00 | ||
| Jul 30, 2017 | $0.00 | ||
| Aug 6, 2017 | $0.00 | ||
| Aug 13, 2017 | $0.00 | ||
| Aug 20, 2017 | $0.00 | ||
| Aug 27, 2017 | $0.00 | ||
| Sep 3, 2017 | $0.00 | ||
| Sep 10, 2017 | $0.00 | ||
| Sep 17, 2017 | $0.00 | ||
| Sep 24, 2017 | $0.00 | ||
| Oct 1, 2017 | $0.00 | ||
| Oct 8, 2017 | $0.00 | ||
| Oct 15, 2017 | $0.00 | ||
| Oct 22, 2017 | $0.00 | ||
| Oct 29, 2017 | $0.00 | ||
| Nov 5, 2017 | $0.00 | ||
| Nov 12, 2017 | $0.00 | ||
| Nov 19, 2017 | $0.00 | ||
| Nov 26, 2017 | $0.00 | ||
| Dec 3, 2017 | $0.00 | ||
| Dec 10, 2017 | $0.00 | ||
| Dec 17, 2017 | $0.00 | ||
| Dec 24, 2017 | $0.00 | ||
| Dec 31, 2017 | $0.00 | ||
| Jan 7, 2018 | $0.00 | ||
| Jan 14, 2018 | $0.00 | ||
| Jan 21, 2018 | $0.00 | ||
| Jan 28, 2018 | $0.00 | ||
| Feb 4, 2018 | $0.00 | ||
| Feb 11, 2018 | $0.00 | ||
| Feb 18, 2018 | $0.00 | ||
| Feb 25, 2018 | $0.00 | ||
| Mar 4, 2018 | $0.00 | ||
| Mar 11, 2018 | $0.00 | ||
| Mar 18, 2018 | $0.00 | ||
| Mar 25, 2018 | $0.00 | ||
| Apr 1, 2018 | $0.00 | ||
| Apr 8, 2018 | $0.00 | ||
| Apr 15, 2018 | $0.00 | ||
| Apr 22, 2018 | $0.00 | ||
| Apr 29, 2018 | $0.00 | ||
| May 6, 2018 | $0.00 | ||
| May 13, 2018 | $0.00 | ||
| May 20, 2018 | $0.00 | ||
| May 27, 2018 | $0.00 | ||
| Jun 3, 2018 | $0.00 | ||
| Jun 10, 2018 | $0.00 | ||
| Jun 17, 2018 | $0.00 | ||
| Jun 24, 2018 | $0.00 | ||
| Jul 1, 2018 | $0.00 | ||
| Jul 8, 2018 | $0.00 | ||
| Jul 15, 2018 | $0.00 | ||
| Jul 22, 2018 | $0.00 | ||
| Jul 29, 2018 | $0.00 | ||
| Aug 5, 2018 | $0.00 | ||
| Aug 12, 2018 | $0.00 | ||
| Aug 19, 2018 | $0.00 | ||
| Aug 26, 2018 | $0.00 | ||
| Sep 2, 2018 | $0.00 | ||
| Sep 9, 2018 | $0.00 | ||
| Sep 16, 2018 | $0.00 | ||
| Sep 23, 2018 | $0.00 | ||
| Sep 30, 2018 | $0.00 | ||
| Oct 7, 2018 | $0.00 | ||
| Oct 14, 2018 | $0.00 | ||
| Oct 21, 2018 | $0.00 | ||
| Oct 28, 2018 | $0.00 | ||
| Nov 4, 2018 | $0.00 | ||
| Nov 11, 2018 | $0.00 | ||
| Nov 18, 2018 | $0.00 | ||
| Nov 25, 2018 | $0.00 | ||
| Dec 2, 2018 | $0.00 | ||
| Dec 9, 2018 | $0.00 | ||
| Dec 16, 2018 | $0.00 | ||
| Dec 23, 2018 | $0.00 | ||
| Dec 30, 2018 | $0.00 | ||
| Jan 6, 2019 | $0.00 | ||
| Jan 13, 2019 | $0.00 | ||
| Jan 20, 2019 | $0.00 | ||
| Jan 27, 2019 | $1.50 | ||
| Feb 3, 2019 | $1.50 | ||
| Feb 10, 2019 | $2.00 | ||
| Feb 17, 2019 | $2.00 | ||
| Feb 24, 2019 | $2.00 | ||
| Mar 3, 2019 | $2.00 | ||
| Mar 10, 2019 | $2.00 | ||
| Mar 17, 2019 | $2.00 | ||
| Mar 24, 2019 | $2.00 | ||
| Mar 31, 2019 | $2.00 | ||
| Apr 7, 2019 | $2.00 | ||
| Apr 14, 2019 | $2.00 | ||
| Apr 21, 2019 | $2.00 | ||
| Apr 28, 2019 | $2.00 | ||
| May 5, 2019 | $2.00 | ||
| May 12, 2019 | $2.00 | ||
| May 19, 2019 | $2.00 | ||
| May 26, 2019 | $2.00 | ||
| Jun 2, 2019 | $2.00 | ||
| Jun 9, 2019 | $2.00 | ||
| Jun 16, 2019 | $2.00 | ||
| Jun 23, 2019 | $2.00 | ||
| Jun 30, 2019 | $2.00 | ||
| Jul 7, 2019 | $2.00 | ||
| Jul 14, 2019 | $2.00 | ||
| Jul 21, 2019 | $2.00 | ||
| Jul 28, 2019 | $2.00 | ||
| Aug 4, 2019 | $2.00 | ||
| Aug 11, 2019 | $2.00 | ||
| Aug 18, 2019 | $2.00 | ||
| Aug 25, 2019 | $2.00 | ||
| Sep 1, 2019 | $2.00 | ||
| Sep 8, 2019 | $2.00 | ||
| Sep 15, 2019 | $2.00 | ||
| Sep 22, 2019 | $2.00 | ||
| Sep 29, 2019 | $2.00 | ||
| Oct 6, 2019 | $2.00 | ||
| Oct 13, 2019 | $2.00 | ||
| Oct 20, 2019 | $2.00 | ||
| Oct 27, 2019 | $2.00 | ||
| Nov 3, 2019 | $2.00 | ||
| Nov 10, 2019 | $2.00 | ||
| Nov 17, 2019 | $2.00 | ||
| Nov 24, 2019 | $2.00 | ||
| Dec 1, 2019 | $2.00 | ||
| Dec 8, 2019 | $2.00 | ||
| Dec 15, 2019 | $2.00 | ||
| Dec 22, 2019 | $2.00 | ||
| Dec 29, 2019 | $2.00 | ||
| Jan 5, 2020 | $2.00 | ||
| Jan 12, 2020 | $2.00 | ||
| Jan 19, 2020 | $2.00 | ||
| Jan 26, 2020 | $2.00 | ||
| Feb 2, 2020 | $2.00 | ||
| Feb 9, 2020 | $2.00 | ||
| Feb 16, 2020 | $1.62 | ||
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