Consumption

Raphael

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Raphael

Member since

March 2017

On-time repayments

25 installments  •  56%

About Me

I am Raphael Kaunda a CPA and a Financial Engineering part-time student currently working as an accountant in a digital printing firm for a year now and previously worked in same position in a garment manufacturing firm for 4 years. My major aim and what I am looking at is growing my credit limit so that I can get a substantial offer to boost my business and at the same time start another as an auditor since I have 2 clients now.

My Business

I have several incomes including my monthly salary, income from my 2 commercial motor bikes that I employed 2 guys to operate as boda boda transport and my investment group that I formed in 2013 with my 3 other friends where we invest as per the market demand. This group however is not much exposed since we have less capital so currently we invested invested is small businesses, I am also looking at forming my private firm as an auditor

Loan Proposal

Its a little amount so I am just using it for my normal consumption like transport while i build my credit limit for higher amounts that will boost my capital to buy another motor bike or do something else. Kindly consider this bureaucracy of writing a whole page just to be given a loan of less than sh.20,000 i am sure it reduces your potential clients since its hectic

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

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  • Raphael    Oct 18, 2017

    Hallo, all is well here in Kenya only that I am yet to receive the loan close to 5 days after accepting it. This is what I have been pointing out as delay on disbursement and at times and it really costs for I had yo look for alternative as I wait, something has to be done. Otherwise I managed to service my commercial motorbikes and they are IP and running looking forward to purchasing a new one early next year.

    Thank you.

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  • Raphael    Oct 12, 2017

    Thank you lenders, it took longer tan I expected but its great that its fully funded. as I stated earlier that I had a service coming up this weekend for my commercial motor cycle, tats still stands as the sole purpose.
    thank you

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  • Raphael    Oct 4, 2017

    I want to service my commercial motor cycle this weekend, the revenue I have been getting for it I put in a fixed account to earn interest to purchase a new one early next year. I have been funding the expenses for the past 2 months now and this will help me in a big way. Thank you.

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  • Raphael    Sep 28, 2017

    Before your next application, we recommend that you post a comment to let your lenders know the results of the loan you have just completed. This helps lenders understand how the loan made a difference in your life, so that they will feel interested in participating again in your next loan

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  • Raphael    Sep 28, 2017

    I am loving he trend so far and I think it will be better if you work on your disbursement process, as of now it takes more than 5 days to receive the loan thereby cutting on my repayment duration from the time of receipt to the time its due as compared to the agreement terms.

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  • Raphael    Sep 28, 2017

    As of now I am growing my credit limit to attain a favorable which I will then use to add to my savings then start another business, I am just using these amounts for my normal consumption and servicing of my motor cycles when its due

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  • Raphael    Aug 6, 2017

    Dear lenders, thank you for the support as you help me grow my credit limit. As I said earlier on I am just using the cash for my normal day to day consumption and repay awaiting to borrow a larger amount that will help me boosy my business... The only thing I can ask is a speedy disbursement to my end, as of now it takes an average of 5 days to receive 'eating up' my contractual repayment time. Thank you

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  • Raphael    Jun 27, 2017

    Thank you for the acceptance of my offer for the request of the loan. I will still be requesting you guys to reconsider the information requirement needed before one is granted with a loan, some amounts are too little to even give out much information and it should be considered as amounts taken and repaid in order to grow the credit limit.

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  • Raphael    Jun 23, 2017

    I really appreciate your invitation to offer but you need to work on the delivery time frame, I cant wait for 5 days to receive the cash and at times it might be too late for the intended purpose

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  • Raphael    May 19, 2017

    It takes too long to disbursed with lots of unnecessary protocol that at times it cant serve as an emergency, please look into this. 1 week is too long for this kind of amounts. Thank you

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  • Raphael    May 16, 2017

    Hallo, my load has just been posted and I am thankful however it really takes too long to receive and at times it under serves its intention. Reconsider on fastening the receipts

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