Expanding my business

Johnson

Mazeras Mission, Kenya

53% repaid

Entrepreneur

Name

Johnson

Member since

November 2016

On-time repayments

39 installments  •  56%

About Me

I was born in 1957. I started my education at mazeras primary school then joined sacred heart high school. I was not able to job for about 11 years the employed at a higher purchase shop for about 10 years then the company collapsed. I then went back home doing small labour work. I decided to start repairing shoes.

My Business

I do shoe repair at mazeras town. Mazeras is very populated many people bring their shoes at my shop for repair. I choose this kind of business because it needs a small capital to start. My typical cost and revenue is 2500 KES for license per year, 500 KES for tools and materials. I used the profit to pay school fees for my son and home improvement.

Loan Proposal

I will buy materials for making new shoes at $20, I will buy 6 rolls of sowing threads at $ 1 each and 5 types of shoe polish at $3 each. It will increase my profit by $ 2 per day.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jan 30, 2017

Repayment status

Late

Projected term

6 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$17.12

Amount remaining

$15.29

Expected completion

Aug 27, 2017

Status

Repaying late

Installment amount

$1.01

Repayment History

Expected Payments Actual Payments
Feb 12, 2017 $3.02 Feb 11, 2017 $3.02
Feb 19, 2017 $3.02 Feb 18, 2017 $3.02
Feb 26, 2017 $0.00
Mar 5, 2017 $1.01 Mar 5, 2017 $1.01
Mar 12, 2017 $1.01 Mar 5, 2017 $1.01
Mar 19, 2017 $1.01 Mar 5, 2017 $1.01
Mar 26, 2017 $1.01 Mar 5, 2017 $1.01
Apr 2, 2017 $1.01 Mar 12, 2017 $1.01
Apr 9, 2017 $1.01 Mar 19, 2017 $1.01
Apr 16, 2017 $1.01 May 11, 2017 $1.01
Apr 23, 2017 $1.01 May 11, 2017 $1.01
Apr 30, 2017 $1.01 May 11, 2017 $1.01
May 7, 2017 $1.01 May 11, 2017 $1.01
May 14, 2017 $1.01 May 11, 2017 $1.01
May 21, 2017 $1.01
May 28, 2017 $1.01
Jun 4, 2017 $1.01
Jun 11, 2017 $1.01
Jun 18, 2017 $1.01
Jun 25, 2017 $1.01
Jul 2, 2017 $1.01
Jul 9, 2017 $1.01
Jul 16, 2017 $1.01
Jul 23, 2017 $1.01
Jul 30, 2017 $1.01
Aug 6, 2017 $1.01
Aug 13, 2017 $1.01
Aug 20, 2017 $1.01
Aug 27, 2017 $1.19

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