Mohamed
Kitale, Kenya
$0 to go
100% funded of $11 goal
0
days left
Name
Mohamed
Member since
August 2018
On-time repayments
3 installments • 33%
I was born in a poor background so I didn't pursue my schooling so well,I started my carpentry business 20yrs ago.
With this business I was able to overcome hardships in my life and paid my children schooling.
I have two children, a girl and a boy.
My daughter is a primary school teacher and my son is unemployed so he helps me with my carpentry business.
I my net income Ksh10000 per month but sometimes I earn more than that.
I chose this business because back then furniture was highly on demand because not like now modern furniture is demanded more than the traditional one which is my field specifically.
I use my profits for house hold maintenance mostly.
I'll buy carpentry equipment called Saw which is 8.5dollars.
By having this equipment, I bet my gross profit will increase by 25dollars.
The Saw I had was stollen so I have to purchase a new one.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Aug 17, 2018
Repayment status
Late
Projected term
2 weeks
Other loans
Amount repaid
$0.00
Amount remaining
$11.85
Expected completion
Sep 6, 2018
Status
Repaying late
Installment amount
$5.93
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 30, 2018 | $5.93 | ||
Sep 6, 2018 | $5.92 |
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