Entrepreneur
Name
John
Member since
May 2012
On-time repayments
75 installments • 65%
About Me
I was born back 1951 educated up to primary level. After school I was taken to a village polytechnic where I was trained how to make clothes. I am a father of 10 children 4girls and 6boys. After completing my course i was not in a position of starting a business direct so i involved myself in casual work to support myself.
The life was not all that easy but i managed it.
My Business
From polytechnic I managed to start my own business after a long struggle which I am going on with to date. I do make all design as far as the men and women clothes are concern. People used to come from far because of my good job. because of the knowledge I received from my teachers people liked my work for I am the best tailor in my area. This course help me for what I get from my work supports my family and doing some other activities as far as the life is concern.
Loan Proposal
When I receive the loan, I will buy the suits material 50mts @ 5 dollars amount to 250 dollars, associate items like thread, buttons etc costs 223 dollars. if any remains will still go to associate items.
From the above materials I will be in a position of making 16 suits of which each suit will be sold @ 52 dollars. Materials and labor is 25 dollars.
So at the end total income = 16 x 52 = 832 dollars.
Total expenditure 16 x 25 = 400 dollars.
profit = 432 dollars.
After paying the house rent in three months time I will remain with 380 dollars which will raise my business with at least 80%.
Please lenders I need your support that this loan to go through and I do promise to pay back in a good time. I f you support me, you support my business and my family.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$467.00
Date disbursed
May 29, 2015
Repayment status
Late
Projected term
10 months
Other loans
Lenders
United States
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Summary
Amount repaid
$294.11
Amount remaining
$197.57
Expected completion
Apr 3, 2016
Status
Repaying late
Installment amount
$11.17
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 7, 2015 | $11.17 | Jun 7, 2015 | $11.17 |
| Jun 14, 2015 | $11.17 | Jun 7, 2015 | $0.41 |
| Jun 15, 2015 | $10.76 | ||
| Jun 21, 2015 | $11.17 | Jun 15, 2015 | $0.82 |
| Jun 21, 2015 | $10.35 | ||
| Jun 28, 2015 | $11.17 | Jun 21, 2015 | $1.23 |
| Jun 27, 2015 | $9.94 | ||
| Jul 5, 2015 | $11.17 | Jun 27, 2015 | $0.59 |
| Jul 5, 2015 | $10.58 | ||
| Jul 12, 2015 | $11.17 | Jul 5, 2015 | $1.00 |
| Jul 12, 2015 | $10.17 | ||
| Jul 19, 2015 | $11.17 | Jul 12, 2015 | $1.41 |
| Jul 19, 2015 | $9.76 | ||
| Jul 26, 2015 | $11.17 | Jul 19, 2015 | $1.82 |
| Jul 26, 2015 | $9.35 | ||
| Aug 2, 2015 | $11.17 | Jul 26, 2015 | $2.23 |
| Aug 2, 2015 | $8.94 | ||
| Aug 9, 2015 | $11.17 | Aug 2, 2015 | $2.64 |
| Aug 9, 2015 | $8.53 | ||
| Aug 16, 2015 | $11.17 | Aug 9, 2015 | $2.00 |
| Aug 17, 2015 | $9.17 | ||
| Aug 23, 2015 | $11.17 | Aug 17, 2015 | $1.36 |
| Aug 24, 2015 | $9.81 | ||
| Aug 30, 2015 | $11.17 | Aug 24, 2015 | $0.72 |
| Aug 30, 2015 | $10.45 | ||
| Sep 6, 2015 | $11.17 | Aug 30, 2015 | $0.07 |
| Sep 6, 2015 | $11.09 | ||
| Sep 13, 2015 | $11.17 | Sep 6, 2015 | $0.48 |
| Sep 14, 2015 | $10.68 | ||
| Sep 20, 2015 | $11.17 | Sep 14, 2015 | $0.89 |
| Sep 20, 2015 | $10.27 | ||
| Sep 27, 2015 | $11.17 | Sep 20, 2015 | $0.25 |
| Sep 28, 2015 | $10.00 | ||
| Oct 5, 2015 | $0.92 | ||
| Oct 4, 2015 | $11.17 | Oct 5, 2015 | $9.61 |
| Oct 11, 2015 | $1.56 | ||
| Oct 11, 2015 | $11.17 | Oct 11, 2015 | $8.97 |
| Oct 19, 2015 | $2.20 | ||
| Oct 18, 2015 | $11.17 | Oct 19, 2015 | $8.33 |
| Oct 26, 2015 | $2.84 | ||
| Oct 25, 2015 | $11.17 | Oct 26, 2015 | $5.47 |
| Nov 2, 2015 | $5.69 | ||
| Nov 1, 2015 | $11.17 | Nov 2, 2015 | $4.83 |
| Nov 14, 2015 | $6.34 | ||
| Nov 8, 2015 | $11.17 | Nov 14, 2015 | $4.19 |
| Nov 23, 2015 | $6.98 | ||
| Nov 15, 2015 | $11.17 | Nov 23, 2015 | $3.55 |
| Nov 30, 2015 | $7.62 | ||
| Nov 22, 2015 | $11.17 | Nov 30, 2015 | $2.91 |
| Oct 29, 2019 | $5.26 | ||
| Dec 10, 2019 | $3.00 | ||
| Nov 29, 2015 | $11.17 | Dec 10, 2019 | $2.26 |
| Jan 16, 2020 | $5.26 | ||
| Feb 10, 2020 | $3.64 | ||
| Dec 6, 2015 | $11.17 | Feb 10, 2020 | $1.62 |
| Feb 15, 2022 | $0.53 | ||
| Feb 15, 2022 | $1.58 | ||
| Dec 13, 2015 | $11.17 | ||
| Dec 20, 2015 | $11.17 | ||
| Dec 27, 2015 | $11.17 | ||
| Jan 3, 2016 | $11.17 | ||
| Jan 10, 2016 | $11.17 | ||
| Jan 17, 2016 | $11.17 | ||
| Jan 24, 2016 | $11.17 | ||
| Jan 31, 2016 | $11.17 | ||
| Feb 7, 2016 | $11.17 | ||
| Feb 14, 2016 | $11.17 | ||
| Feb 21, 2016 | $11.17 | ||
| Feb 28, 2016 | $11.17 | ||
| Mar 6, 2016 | $11.17 | ||
| Mar 13, 2016 | $11.17 | ||
| Mar 20, 2016 | $11.17 | ||
| Mar 27, 2016 | $11.17 | ||
| Apr 3, 2016 | $11.43 | ||
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