Entrepreneur
Name
John
Member since
March 2015
On-time repayments
23 installments • 61%
About Me
I went to Wei primary school and join Wei secondary school. I later join Tambach Teachers College.I am a teacher employed in a private primary school.I like involving myself in our business when i am free.when am back to work, the business is managed by my wife.
My Business
We have opened a small business with my wife. we sell different types of household items like sugar,rice,maize and wheat flour,some cereals,cooking oil,detergents and many others.l buy these goods in wholesale and then later sell them to my customers in retail.Its a good business because one cannot stay without making sale during the day.I fund it using the small income from my teaching job.I use my profit to expand the business.I am planning to start selling some of the products in wholesale like sweets, rice,sugar,sanitary towels and others.l would like to improved my shop now that our country is gradually reopening the economy and business will start to pick even well.
Loan Proposal
I will increase my stock by buying more products like flour,sugar, rice ,cooking oil and others.am also planning to start selling some of the products in whole sale.
Income Source
Now that our country is gradually reopening economy.I will take this chance because the government is not imposing a lot of levy charges on businesses. I will use this chance make an extra profit.l can also use my small income to subsidize my repayment.
Feedback
Positive
5
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$90.00
Date disbursed
Jun 11, 2020
Repayment status
On Time
Projected term
6 weeks
Lenders
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Summary
Amount repaid
$90.02
Amount remaining
$0.00
Date repaid
Jun 20, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 18, 2020 | $15.01 | Jun 18, 2020 | $15.01 |
| Jun 25, 2020 | $15.01 | Jun 20, 2020 | $15.01 |
| Jul 2, 2020 | $15.01 | Jun 20, 2020 | $15.01 |
| Jul 9, 2020 | $15.01 | Jun 20, 2020 | $15.01 |
| Jul 16, 2020 | $15.01 | Jun 20, 2020 | $15.01 |
| Jul 23, 2020 | $14.98 | Jun 20, 2020 | $14.98 |
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