Buying cereals for my shop to meet customer needs
Obed
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Obed
Member since
May 2014
On-time repayments
18 installments • 67%
About Me
I am Obed Ondara Okari,a Kenyan citizen aged 33.My career is a teacher with specialization in Business Studies.Currently I am a businessman running a retail general shop in Nakuru.
My Business
My business is a retail general shop.I sell a variety of household goods apart from food stuffs.The business generates a monthly income of approximately Kshs.20000 after expense deductions.
Loan Proposal
I have a plan to buy enough cereals for my shop because of the following benefits:
1.It will help to win the confidence of the customers by ensuring adequate stock for continuous supply.
2.I expect high stock turn over and this will lead to high profits.
I believe that if given the support then this will be one of the steps towards the expansion of the business to a reasonable size.This will in turn lead to the creation of employed to some of the unemployed youths.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jun 10, 2014
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Ask Obed a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$50.86
Amount remaining
$0.00
Date repaid
Aug 13, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 23, 2014 | $5.64 | Jun 23, 2014 | $5.64 |
| Jun 30, 2014 | $5.64 | Jul 11, 2014 | $5.64 |
| Jul 7, 2014 | $5.64 | Jul 11, 2014 | $5.64 |
| Jul 14, 2014 | $5.64 | Jul 11, 2014 | $0.35 |
| Jul 17, 2014 | $5.29 | ||
| Jul 21, 2014 | $5.64 | Jul 17, 2014 | $0.52 |
| Jul 27, 2014 | $5.12 | ||
| Jul 28, 2014 | $5.64 | Jul 27, 2014 | $5.64 |
| Aug 4, 2014 | $5.64 | Jul 27, 2014 | $0.87 |
| Aug 11, 2014 | $4.77 | ||
| Aug 11, 2014 | $5.64 | Aug 11, 2014 | $5.64 |
| Aug 18, 2014 | $5.64 | Aug 11, 2014 | $2.27 |
| Aug 12, 2014 | $3.37 | ||
Loading...