Entrepreneur
Name
Esther
Member since
December 2014
On-time repayments
198 installments • 49%
About Me
My names are Esther Mumbua, an entrepreneur with an interest in the health sector. I come from a dry area in Kenya where a large portion of the populace are poor. This is largely because my country's economy is based on agriculture but my home area is not conducive for the practice. I grew under difficult situation because as a family we had to sell some properties to pay school fees. I have studied up to the University level and I have a Degree in Commerce. Currently, I working part time in a construction company. I started a business while searching for a better job. I was also motivated by the need to help locals in my area access medicines. Often, the government pharmacy run out of stock and people would be forced to travel long distances to reach a chemist shop. Besides travelling and helping, I also love travelling and site seeing. I would love when business is generating good profits to also assist others.
My Business
I operate a medium-sized chemist shop that sells legal and authorized drugs to the local people. Availability of drugs in my area is a problem and drugs are constantly out of stock in government pharmacies. sometimes people are forced to travel long distance to purchase prescribed medicine. I therefore saw it wise to operate a chemist shop to satisfy this need. Operating a chemist shop is quite costly, especially when it comes to purchasing inventory. At the moment I am increasing my stock, which is a challenge given that I have to pay rent and the shop attendant. Typical monthly costs are 15,000 KES, excluding the cost of inventory. The cost of inventory depends on the quantity ordered. Currently, my annual earnings are estimated at 150,000 KES. As the shop grows and judging by the increasing demand for medication, I believe the revenues will increase.
Loan Proposal
Operating a chemist shop is quite costly and I am seeking you assistance to help me pull through. Le me say I need to increase inventory, pay my employee and pay rent. All these are essential part of running the shop and due to limited finances I have to strike a balance. The loan will surely help because if I have extra money to pay my employee or pay rent I will be able to purchase more stock. Let me finish by saying thank you, because the consideration alone is a great thing.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 8, 2014
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
United Kingdom
Germany
Summary
Amount repaid
$112.91
Amount remaining
$0.00
Date repaid
Mar 8, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 21, 2014 | $2.03 | Dec 21, 2014 | $1.01 |
| Dec 21, 2014 | $1.02 | ||
| Dec 28, 2014 | $2.03 | Dec 28, 2014 | $1.01 |
| Dec 28, 2014 | $1.02 | ||
| Jan 4, 2015 | $2.03 | Jan 4, 2015 | $1.01 |
| Jan 4, 2015 | $1.02 | ||
| Jan 11, 2015 | $2.03 | Jan 11, 2015 | $1.01 |
| Jan 11, 2015 | $1.02 | ||
| Jan 18, 2015 | $1.12 | Jan 18, 2015 | $0.56 |
| Jan 18, 2015 | $0.56 | ||
| Jan 25, 2015 | $1.12 | Jan 26, 2015 | $0.56 |
| Jan 26, 2015 | $0.56 | ||
| Feb 1, 2015 | $1.12 | Feb 2, 2015 | $0.56 |
| Feb 2, 2015 | $0.56 | ||
| Feb 8, 2015 | $1.12 | Feb 9, 2015 | $0.56 |
| Feb 9, 2015 | $0.56 | ||
| Feb 15, 2015 | $1.12 | Feb 16, 2015 | $0.56 |
| Feb 16, 2015 | $0.56 | ||
| Feb 22, 2015 | $1.12 | Feb 25, 2015 | $0.56 |
| Feb 25, 2015 | $0.56 | ||
| Mar 1, 2015 | $1.12 | Mar 2, 2015 | $0.56 |
| Mar 2, 2015 | $0.56 | ||
| Mar 8, 2015 | $1.12 | Mar 16, 2015 | $0.56 |
| Mar 16, 2015 | $0.56 | ||
| Mar 15, 2015 | $1.12 | Mar 20, 2015 | $0.56 |
| Mar 20, 2015 | $0.56 | ||
| Mar 22, 2015 | $1.12 | Apr 1, 2015 | $0.56 |
| Apr 1, 2015 | $0.56 | ||
| Mar 29, 2015 | $1.12 | Apr 9, 2015 | $0.56 |
| Apr 9, 2015 | $0.56 | ||
| Apr 5, 2015 | $1.12 | Apr 20, 2015 | $0.56 |
| Apr 20, 2015 | $0.56 | ||
| Apr 12, 2015 | $1.12 | Apr 20, 2015 | $0.56 |
| Apr 20, 2015 | $0.56 | ||
| Apr 19, 2015 | $1.12 | Apr 29, 2015 | $0.56 |
| Apr 29, 2015 | $0.56 | ||
| Apr 26, 2015 | $1.12 | Apr 29, 2015 | $0.56 |
| Apr 29, 2015 | $0.56 | ||
| May 3, 2015 | $1.12 | May 3, 2015 | $0.56 |
| May 3, 2015 | $0.56 | ||
| May 10, 2015 | $1.12 | May 13, 2015 | $0.56 |
| May 13, 2015 | $0.56 | ||
| May 17, 2015 | $1.12 | Jun 1, 2015 | $0.67 |
| Jun 1, 2015 | $0.45 | ||
| May 24, 2015 | $1.12 | Jun 1, 2015 | $0.11 |
| Jun 5, 2015 | $0.56 | ||
| Jun 5, 2015 | $0.45 | ||
| May 31, 2015 | $1.12 | Jun 5, 2015 | $0.11 |
| Jun 13, 2015 | $0.56 | ||
| Jun 13, 2015 | $0.45 | ||
| Jun 7, 2015 | $1.12 | Jun 13, 2015 | $0.11 |
| Jun 18, 2015 | $0.56 | ||
| Jun 18, 2015 | $0.45 | ||
| Jun 14, 2015 | $1.12 | Jun 18, 2015 | $0.11 |
| Jun 25, 2015 | $0.56 | ||
| Jun 25, 2015 | $0.45 | ||
| Jun 21, 2015 | $1.12 | Jun 25, 2015 | $0.11 |
| Jun 29, 2015 | $0.56 | ||
| Jun 29, 2015 | $0.45 | ||
| Jun 28, 2015 | $1.12 | Jun 29, 2015 | $0.11 |
| Jul 6, 2015 | $0.56 | ||
| Jul 6, 2015 | $0.45 | ||
| Jul 5, 2015 | $1.12 | Jul 6, 2015 | $0.11 |
| Jul 14, 2015 | $0.56 | ||
| Jul 14, 2015 | $0.45 | ||
| Jul 12, 2015 | $1.12 | Jul 14, 2015 | $0.11 |
| Jul 24, 2015 | $0.56 | ||
| Jul 24, 2015 | $0.45 | ||
| Jul 19, 2015 | $1.12 | Jul 24, 2015 | $0.11 |
| Jul 30, 2015 | $0.56 | ||
| Jul 30, 2015 | $0.45 | ||
| Jul 26, 2015 | $1.12 | Jul 30, 2015 | $0.11 |
| Aug 10, 2015 | $0.56 | ||
| Aug 10, 2015 | $0.45 | ||
| Aug 2, 2015 | $1.12 | Aug 10, 2015 | $0.11 |
| Aug 19, 2015 | $0.56 | ||
| Aug 19, 2015 | $0.45 | ||
| Aug 9, 2015 | $1.12 | Aug 19, 2015 | $0.11 |
| Aug 21, 2015 | $0.56 | ||
| Aug 21, 2015 | $0.45 | ||
| Aug 16, 2015 | $1.12 | Aug 21, 2015 | $0.11 |
| Aug 21, 2015 | $0.56 | ||
| Aug 21, 2015 | $0.45 | ||
| Aug 23, 2015 | $1.12 | Aug 21, 2015 | $0.11 |
| Aug 21, 2015 | $0.56 | ||
| Aug 21, 2015 | $0.45 | ||
| Aug 30, 2015 | $1.12 | Aug 21, 2015 | $0.11 |
| Aug 26, 2015 | $0.56 | ||
| Aug 26, 2015 | $0.45 | ||
| Sep 6, 2015 | $1.12 | Aug 26, 2015 | $0.11 |
| Sep 3, 2015 | $0.56 | ||
| Sep 3, 2015 | $0.45 | ||
| Sep 13, 2015 | $1.12 | Sep 3, 2015 | $0.11 |
| Sep 10, 2015 | $0.56 | ||
| Sep 10, 2015 | $0.45 | ||
| Sep 20, 2015 | $1.12 | Sep 10, 2015 | $0.11 |
| Oct 5, 2015 | $1.01 | ||
| Sep 27, 2015 | $1.12 | Oct 5, 2015 | $1.12 |
| Oct 4, 2015 | $1.12 | Oct 5, 2015 | $1.12 |
| Oct 11, 2015 | $1.12 | Oct 5, 2015 | $0.11 |
| Oct 12, 2015 | $0.56 | ||
| Oct 12, 2015 | $0.45 | ||
| Oct 18, 2015 | $1.12 | Oct 12, 2015 | $0.11 |
| Oct 21, 2015 | $0.56 | ||
| Oct 21, 2015 | $0.45 | ||
| Oct 25, 2015 | $1.12 | Oct 21, 2015 | $0.11 |
| Nov 1, 2015 | $0.56 | ||
| Nov 1, 2015 | $0.45 | ||
| Nov 1, 2015 | $1.12 | Nov 1, 2015 | $0.11 |
| Nov 18, 2015 | $1.01 | ||
| Nov 8, 2015 | $1.12 | Nov 18, 2015 | $1.12 |
| Nov 15, 2015 | $1.12 | Nov 18, 2015 | $1.12 |
| Nov 22, 2015 | $1.12 | Nov 18, 2015 | $1.12 |
| Nov 29, 2015 | $1.12 | Nov 18, 2015 | $1.12 |
| Dec 6, 2015 | $1.12 | Nov 18, 2015 | $0.11 |
| Dec 16, 2015 | $1.01 | ||
| Dec 13, 2015 | $1.12 | Dec 16, 2015 | $1.12 |
| Dec 20, 2015 | $1.12 | Dec 16, 2015 | $1.12 |
| Dec 27, 2015 | $1.12 | Dec 16, 2015 | $0.11 |
| Dec 27, 2015 | $1.01 | ||
| Jan 3, 2016 | $1.12 | Dec 27, 2015 | $1.12 |
| Jan 10, 2016 | $1.12 | Dec 27, 2015 | $1.12 |
| Jan 17, 2016 | $1.12 | Dec 27, 2015 | $0.11 |
| Jan 24, 2016 | $1.01 | ||
| Jan 24, 2016 | $1.12 | Jan 24, 2016 | $1.12 |
| Jan 31, 2016 | $1.12 | Jan 24, 2016 | $1.12 |
| Feb 7, 2016 | $1.12 | Jan 24, 2016 | $0.11 |
| Feb 14, 2016 | $1.01 | ||
| Feb 14, 2016 | $1.12 | Feb 14, 2016 | $1.12 |
| Feb 21, 2016 | $1.12 | Feb 14, 2016 | $1.12 |
| Feb 28, 2016 | $1.12 | Feb 14, 2016 | $1.12 |
| Mar 6, 2016 | $1.12 | Feb 14, 2016 | $0.11 |
| Mar 6, 2016 | $1.01 | ||
| Mar 13, 2016 | $1.12 | Mar 6, 2016 | $0.10 |
| Mar 6, 2016 | $1.02 | ||
| Mar 20, 2016 | $0.09 | Mar 6, 2016 | $0.09 |
| Mar 27, 2016 | $36.15 | Mar 8, 2016 | $36.15 |
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