Funding for bidding tenders

Dorcas

Litein, Kenya

21% repaid

Entrepreneur

Name

Dorcas

Member since

September 2015

On-time repayments

72 installments  •  32%

About Me

I come from a hardworking family with both parents business oriented. I acquired the business skills from my mother because thats what helped us all through our education. I come from highland part of the country,Rift-valley where there are alot of business opportunities. I like listening to gospel music especially hymal

My Business

Am dealing with school supplies especially grains and sometimes uniforms. Its a good business but it needs a good amount of capital and patience. I do apply for tenders though after qualifyng fo them,i get money challenges which intefere with my business
when I supply one kg of maize grains to a school I sell at 60 bob then purchase cost price is 35 bob from farmers. this earns me 25 bob as profit which is about 75 percent. Am intending to supply over 1000kilos .projected earnings profit to me will be 25000 kes. this is a great business to me as an entrepreneur.if this platform helps me I will be greatful.

Loan Proposal

Describe what you will do with the loan in at least 200 characters
I am requesting for kes 15000.
This amount will enable project to bid for 5 tenders each kes 3000 .
these tenders if I secured will cost me roughly 70%, .projected profit will be 30%.This 30% will be equivalent of kes 20,000 to kes 30,000 per each tender .
This will be equalivalent to kes 100,000 to kes 150,000 profit .
The big challenge is that tenders will drain me financially before repayment .Repayment takes up to three months after completion .
thanks lenders and looking forward for your support.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

Sep 24, 2016

Repayment status

Late

Projected term

12 months

Lenders

MarktheMormon

Sandy, Utah, United States

IM

Isak Maaseide

Tromso, Norway, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Atheist4good

United States

Matching Fund

Sterling, United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Diane U

Olympia, Wa, Usa, United States

S

Southbanker

Reading, United Kingdom

A

Anonymous

United States

Lurch

United States

D

Dave

Dropmore, Manitoba, Canada

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$32.27

Amount remaining

$118.74

Expected completion

Sep 15, 2017

Status

Repaying late

Installment amount

$3.02

Repayment History

Expected Payments Actual Payments
Oct 7, 2016 $3.02 Oct 18, 2016 $3.02
Oct 14, 2016 $3.02 Oct 18, 2016 $3.02
Oct 21, 2016 $3.02 Nov 11, 2016 $3.02
Oct 28, 2016 $3.02 Nov 11, 2016 $3.02
Nov 4, 2016 $3.02 Nov 11, 2016 $3.02
Nov 11, 2016 $3.02 Dec 19, 2016 $3.02
Nov 18, 2016 $3.02 Dec 19, 2016 $3.02
Nov 25, 2016 $3.02 Dec 19, 2016 $1.01
Jan 9, 2017 $2.02
Dec 2, 2016 $3.02 Jan 9, 2017 $3.02
Dec 9, 2016 $3.02 Jan 9, 2017 $3.02
Dec 16, 2016 $3.02 Jan 9, 2017 $2.02
Dec 23, 2016 $3.02
Dec 30, 2016 $3.02
Jan 6, 2017 $3.02
Jan 13, 2017 $3.02
Jan 20, 2017 $3.02
Jan 27, 2017 $3.02
Feb 3, 2017 $3.02
Feb 10, 2017 $3.02
Feb 17, 2017 $3.02
Feb 24, 2017 $3.02
Mar 3, 2017 $3.02
Mar 10, 2017 $3.02
Mar 17, 2017 $3.02
Mar 24, 2017 $3.02
Mar 31, 2017 $3.02
Apr 7, 2017 $3.02
Apr 14, 2017 $3.02
Apr 21, 2017 $3.02
Apr 28, 2017 $3.02
May 5, 2017 $3.02
May 12, 2017 $3.02
May 19, 2017 $3.02
May 26, 2017 $3.02
Jun 2, 2017 $3.02
Jun 9, 2017 $3.02
Jun 16, 2017 $3.02
Jun 23, 2017 $3.02
Jun 30, 2017 $3.02
Jul 7, 2017 $3.02
Jul 14, 2017 $3.02
Jul 21, 2017 $3.02
Jul 28, 2017 $3.02
Aug 4, 2017 $3.02
Aug 11, 2017 $3.02
Aug 18, 2017 $3.02
Aug 25, 2017 $3.02
Sep 1, 2017 $3.02
Sep 8, 2017 $3.02
Sep 15, 2017 $2.78

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