Charles

Mwiki Estate, Kasarani Nairobi, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

May 2013

On-time repayments

396 installments  •  87%

About Me

My names are Charles Wairagu and 26 year old and married with with two children. I started my primary school in the year 1993 and finished in the year 2001 where I got a certificate of primary education with a grade of C+ Then continued for my secondary school in a school called Thanchathi Secondary school where I did my O level and passed with a grade of C, After school I did not go to college because my parent could not afford the school fees and were taking care of my other brothers and sisters

My Business

After taking my O level examination I did not join any college due to lack of School fee. I decided to start my own business after working as casual laborer to raise enough capital to start a business of selling green grocer.. I started this business and operated for a period of one year, before starting another business of selling smokies, boiled eggs, Samose a long Mwiki Road opposite Njeri house. This business is doing well and through this am able to feed my family and pay for all of their basic goods and services. In a day I make a profit of Ksh 100 that is about ksh 30,000 a month the money I use to pay for my family needs and pay for house rent and save about 10 percent in my and account..

Loan Proposal

Dear lenders I wish to post my second loan with you and I hope you will be willing to support me. I need money to support my business of selling smokies, sausages and eggs I need to increase my stock and open new branches to sell the same commodities which is on big demand in my area. This loan will help me increase my sales by over 50 percent which will make me comfortably pay back my loan and take care of My family needs

Feedback

6

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Aug 21, 2013

Repayment status

On Time

Projected term

20 months

Lenders

lucafrangi

Vienna, Austria

C

chkuo

Taipei, Taiwan

Silver

Steiermark, Austria

F

FHult

Stockholm, Sweden

MakeSense

-, St. Kitts and Nevis

J

jjonas

berlin, Germany

R

RichardH

Manchester, United Kingdom

pentatonicscale

Niiza-shi, Japan

T

tkromm

Agia Paraskevi, Greece

N

nba1999

Beijing, China

joaoferraz

RINCHOA, Portugal

scgtb

Sarasota, United States

Bill2073

Florida, United States

B

bonndan

Bonn, Germany

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Summary

Amount repaid

$223.95

Amount remaining

$0.00

Date repaid

Mar 3, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 11, 2013 $11.20 Sep 27, 2013 $11.20
Nov 10, 2013 $11.20 Sep 27, 2013 $11.20
Dec 10, 2013 $11.20 Sep 27, 2013 $11.20
Jan 10, 2014 $11.20 Sep 27, 2013 $1.29
Nov 5, 2013 $9.91
Feb 10, 2014 $11.20 Nov 5, 2013 $11.20
Mar 11, 2014 $11.20 Nov 5, 2013 $11.20
Apr 11, 2014 $11.20 Nov 5, 2013 $2.58
Dec 22, 2013 $8.62
May 11, 2014 $11.20 Dec 22, 2013 $11.20
Jun 11, 2014 $11.20 Dec 22, 2013 $11.20
Jul 11, 2014 $11.20 Dec 22, 2013 $3.87
Jan 25, 2014 $7.33
Aug 11, 2014 $11.20 Jan 25, 2014 $11.20
Sep 11, 2014 $11.20 Jan 25, 2014 $11.20
Oct 11, 2014 $11.20 Jan 25, 2014 $5.16
Mar 3, 2014 $6.03
Nov 10, 2014 $11.20 Mar 3, 2014 $11.20
Dec 10, 2014 $11.20 Mar 3, 2014 $11.20
Jan 10, 2015 $11.20 Mar 3, 2014 $11.20
Feb 10, 2015 $11.20 Mar 3, 2014 $11.20
Mar 11, 2015 $11.20 Mar 3, 2014 $11.20
Apr 11, 2015 $11.20 Mar 3, 2014 $11.20
May 11, 2015 $11.20 Mar 3, 2014 $11.16

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