Expansion of my electronic shop

Edwin

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

July 2016

On-time repayments

85 installments  •  7%

About Me

My name is Edwin, I am a 3rd born in a family of 5, raised in a financially humble family. My schooling was met with alot of challenges. This is because my parents where unable to pay for my fee, they struggled to educate my other siblings but in vain. Having seen those challenges, I decided to find an alternative for our family problems. I looked for an employment in the nearby place where I was looking after the cattle for my neighbor. I worked there for 5 years where I used to save my monthly wages.

My Business

I used my income saved for 5 years to start a small electronic shop, I started selling radio, DVD players and compact disc. Later I offered phone charging since the place was not well networked with electricity. The income I received, I pay for my business rent and the rest I reinvest to business. I have so far added stock to my business and it is really working. I receive approximately $50 a month as a profit. I am now able to support my family and sustain myself.

Loan Proposal

When I receive this loan, I will use to purchase a stock for my shop. A mobile phone spairs parts worth $50. This is on high demand, so my monthly income will be higher, at least 20% percentage increase. This will really boost my business.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Aug 1, 2016

Repayment status

On Time

Projected term

14 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$57.75

Amount remaining

$0.00

Date repaid

Oct 2, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 9, 2016 $1.01 Aug 3, 2016 $0.50
Aug 3, 2016 $0.50
Aug 16, 2016 $1.01 Aug 22, 2016 $0.50
Aug 22, 2016 $0.50
Aug 23, 2016 $1.01 Aug 31, 2016 $0.50
Aug 31, 2016 $0.50
Aug 30, 2016 $0.00
Sep 6, 2016 $1.01 Sep 6, 2016 $0.50
Sep 6, 2016 $0.50
Sep 13, 2016 $0.00
Sep 20, 2016 $0.00
Sep 27, 2016 $1.01 Sep 29, 2016 $0.50
Sep 29, 2016 $0.50
Oct 4, 2016 $1.01 Oct 2, 2016 $1.01
Oct 11, 2016 $1.01 Oct 2, 2016 $1.01
Oct 18, 2016 $1.01 Oct 2, 2016 $1.01
Oct 25, 2016 $1.01 Oct 2, 2016 $1.01
Nov 1, 2016 $1.01 Oct 2, 2016 $1.01
Nov 8, 2016 $1.01 Oct 2, 2016 $1.01
Nov 15, 2016 $1.01 Oct 2, 2016 $1.01
Nov 22, 2016 $1.01 Oct 2, 2016 $1.01
Nov 29, 2016 $1.01 Oct 2, 2016 $1.01
Dec 6, 2016 $1.01 Oct 2, 2016 $1.01
Dec 13, 2016 $1.01 Oct 2, 2016 $1.01
Dec 20, 2016 $1.01 Oct 2, 2016 $1.01
Dec 27, 2016 $1.01 Oct 2, 2016 $1.01
Jan 3, 2017 $1.01 Oct 2, 2016 $1.01
Jan 10, 2017 $1.01 Oct 2, 2016 $1.01
Jan 17, 2017 $1.01 Oct 2, 2016 $1.01
Jan 24, 2017 $1.01 Oct 2, 2016 $1.01
Jan 31, 2017 $1.01 Oct 2, 2016 $1.01
Feb 7, 2017 $1.01 Oct 2, 2016 $1.01
Feb 14, 2017 $1.01 Oct 2, 2016 $1.01
Feb 21, 2017 $1.01 Oct 2, 2016 $1.01
Feb 28, 2017 $1.01 Oct 2, 2016 $1.01
Mar 7, 2017 $1.01 Oct 2, 2016 $1.01
Mar 14, 2017 $1.01 Oct 2, 2016 $1.01
Mar 21, 2017 $1.01 Oct 2, 2016 $1.01
Mar 28, 2017 $1.01 Oct 2, 2016 $1.01
Apr 4, 2017 $1.01 Oct 2, 2016 $1.01
Apr 11, 2017 $1.01 Oct 2, 2016 $1.01
Apr 18, 2017 $1.01 Oct 2, 2016 $1.01
Apr 25, 2017 $1.01 Oct 2, 2016 $1.01
May 2, 2017 $1.01 Oct 2, 2016 $1.01
May 9, 2017 $1.01 Oct 2, 2016 $1.01
May 16, 2017 $1.01 Oct 2, 2016 $1.01
May 23, 2017 $1.01 Oct 2, 2016 $1.01
May 30, 2017 $1.01 Oct 2, 2016 $1.01
Jun 6, 2017 $1.01 Oct 2, 2016 $1.01
Jun 13, 2017 $1.01 Oct 2, 2016 $1.01
Jun 20, 2017 $1.01 Oct 2, 2016 $1.01
Jun 27, 2017 $1.01 Oct 2, 2016 $1.01
Jul 4, 2017 $1.01 Oct 2, 2016 $1.01
Jul 11, 2017 $1.01 Oct 2, 2016 $1.01
Jul 18, 2017 $1.01 Oct 2, 2016 $1.01
Jul 25, 2017 $1.01 Oct 2, 2016 $1.01
Aug 1, 2017 $1.01 Oct 2, 2016 $1.01
Aug 8, 2017 $1.01 Oct 2, 2016 $1.01
Aug 15, 2017 $1.01 Oct 2, 2016 $1.01
Aug 22, 2017 $1.01 Oct 2, 2016 $1.01
Aug 29, 2017 $1.01 Oct 2, 2016 $1.01
Sep 5, 2017 $1.01 Oct 2, 2016 $1.01
Sep 12, 2017 $1.01 Oct 2, 2016 $1.01
Sep 19, 2017 $1.01 Oct 2, 2016 $1.01
Sep 26, 2017 $1.28 Oct 2, 2016 $1.28

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