Food retail

Nicholus

Kilifi, Kenya

100% repaid

Entrepreneur

Name

Nicholus

Member since

July 2016

On-time repayments

137 installments  •  70%

About Me

My name is Nicholus Kai Haro aged 45 years. I am married to one wife and have 3 children. I have a bachelors degree in education majored in Special needs education. I am ateacher by profession teaching the mentally handicapped children in my country kenya. I have been in this profession for the past 17 years and I am the teacher in charge of the special Unit for the mentally handicapped children in the school. I am an employee of Teachers service commission. Beside being employed I am a business man.

My Business

My business started as a small retail shop dealing with food items and incorporation of green vegetables and little bit of cereals but has now grown to a big business.
My goods are in high demand because I always buy goods of high quality and fresh, the business premises is ever clean and tidy, the business attendants/ shop keepers use good and persuasive language.
I chose the business because the demand for the food and vegetables items was so high in the area and the supply was low and limited.
The typical costs and revenue include costs of the items, power, tax from county government. The income is able to cater for the cost and revenue , repay zidish loans and be able to cater for other development activities. So there is
alway profit.
I use the profit for education of my children in schools, reinvestment as in the case of my rental business house and improvement of my home and genera improvement of my life status.

Loan Proposal

Once i get the loan\funding i will increase the stock. I will buy the commodity that is required by my clients on daily basis and i don't have. Also i shall add the commodity that is in the market and also look for more market for my commodity.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$252.00

Date disbursed

Aug 1, 2016

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$264.60

Amount remaining

$0.00

Date repaid

Nov 12, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 14, 2016 $19.16 Aug 14, 2016 $19.16
Aug 21, 2016 $19.16 Aug 21, 2016 $19.16
Aug 28, 2016 $19.16 Aug 28, 2016 $19.16
Sep 4, 2016 $19.16 Sep 4, 2016 $19.16
Sep 11, 2016 $19.16 Sep 12, 2016 $19.16
Sep 18, 2016 $19.16 Sep 18, 2016 $19.16
Sep 25, 2016 $19.16 Sep 25, 2016 $19.16
Oct 2, 2016 $19.16 Oct 2, 2016 $19.16
Oct 9, 2016 $19.16 Oct 9, 2016 $19.16
Oct 16, 2016 $19.16 Oct 16, 2016 $19.16
Oct 23, 2016 $19.16 Oct 23, 2016 $19.16
Oct 30, 2016 $19.16 Oct 30, 2016 $19.16
Nov 6, 2016 $19.16 Nov 6, 2016 $19.16
Nov 13, 2016 $15.55 Nov 12, 2016 $15.55

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