Entrepreneur
Name
Evans
Member since
July 2012
On-time repayments
37 installments • 22%
About Me
I live in Kiptangwanyi shopping center which is approximately 45km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with two children. I live in my own plot at the shopping center where I carry out my business. I live in plot number 30B with my family. My business entails the purchase and sale of hardware materials. I deal with sale of mostly building and construction materials.
My Business
My business entails the sale of building and construction materials. I buy most of the materials in Nairobi and therefore sell most of my products at a relatively cheaper prices compared to my competitors. The main challenges that this business encounters are lack of finance to expand the business and fluctuating prices of fuel which adversely affects the whole of transport industry and this results in increased prices of the commodities that I sell.
Loan Proposal
Dear Lenders,
I would like to use my loan to introduce new building and construction materials in my business. These materials are such as wheelbarrows, meshwires, whitewash paints and cement. These will boost my business and I will be able to meet the high demand for my customers. I would also like to expand the room in which I operate my business in.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Aug 10, 2012
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
United States
Summary
Amount repaid
$559.40
Amount remaining
$0.00
Date repaid
Dec 2, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 10, 2012 | $49.75 | Oct 16, 2012 | $49.75 |
| Nov 10, 2012 | $49.75 | Oct 16, 2012 | $0.67 |
| Nov 15, 2012 | $48.49 | ||
| Dec 16, 2012 | $0.58 | ||
| Dec 10, 2012 | $49.75 | Dec 16, 2012 | $49.75 |
| Jan 10, 2013 | $49.75 | Dec 16, 2012 | $0.34 |
| Jan 15, 2013 | $49.41 | ||
| Feb 10, 2013 | $49.37 | Jan 15, 2013 | $0.31 |
| Feb 25, 2013 | $36.47 | ||
| Mar 6, 2013 | $12.59 | ||
| Mar 10, 2013 | $0.00 | ||
| Apr 10, 2013 | $0.00 | ||
| May 10, 2013 | $49.76 | Mar 6, 2013 | $0.01 |
| Apr 13, 2013 | $36.75 | ||
| Apr 16, 2013 | $12.37 | ||
| May 21, 2013 | $0.63 | ||
| Jun 10, 2013 | $49.76 | May 21, 2013 | $36.12 |
| May 30, 2013 | $12.41 | ||
| Jul 10, 2013 | $1.23 | ||
| Jul 10, 2013 | $49.76 | Jul 10, 2013 | $35.28 |
| Jul 23, 2013 | $14.48 | ||
| Aug 10, 2013 | $49.76 | Jul 23, 2013 | $24.43 |
| Aug 14, 2013 | $24.46 | ||
| Oct 12, 2013 | $0.87 | ||
| Sep 10, 2013 | $49.76 | Oct 12, 2013 | $49.76 |
| Oct 10, 2013 | $49.76 | Oct 12, 2013 | $49.76 |
| Nov 10, 2013 | $12.48 | Oct 12, 2013 | $2.02 |
| Dec 2, 2013 | $10.46 | ||
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