Entrepreneur
Name
George
Member since
September 2012
On-time repayments
257 installments • 13%
About Me
I am married with one child. I live in Kiptangwanyi shopping center which is about 43kilometers from Nakuru town. This is the nearest major town where we go to get our supplies. I live in plot number 347 at the shopping center. My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. After I have bought them I later resell them to major towns such as Nakuru, Gilgil and Naivasha.
My Business
My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. I have been in this business for five years now and I am well conversant with it. I have many customers from within the shopping centers as well as other towns. I also have a good source of supplies. The main challenges that the business encounter are lack of enough capital to expand the business and drought.
Loan Proposal
Hi Lenders
I will use my second loan to purchase a posh mill because i am deciding to open another business of posh milling in our nearby town in Munanda, also i will add my store with maize because it is harvesting time and the price for cereals is at a lower price thus making me to make higher profit coming year because the demand will be high especially for maize flour. Second i will employe anther person to help me in learning the upcoming business.
Feedback
Positive
12
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,000.00
Date disbursed
Dec 5, 2012
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
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Summary
Amount repaid
$1,128.62
Amount remaining
$0.00
Date repaid
Jul 10, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 14, 2013 | $104.86 | Feb 18, 2013 | $41.18 |
| Feb 19, 2013 | $29.41 | ||
| Feb 21, 2013 | $34.27 | ||
| Mar 14, 2013 | $104.86 | Feb 21, 2013 | $1.02 |
| Mar 11, 2013 | $47.06 | ||
| Mar 14, 2013 | $33.89 | ||
| Mar 18, 2013 | $22.88 | ||
| Apr 14, 2013 | $104.86 | Mar 18, 2013 | $0.65 |
| Apr 18, 2013 | $58.82 | ||
| Apr 22, 2013 | $45.39 | ||
| May 14, 2013 | $1.68 | Apr 22, 2013 | $1.67 |
| Jun 28, 2013 | $0.01 | ||
| Jun 14, 2013 | $119.59 | Jun 28, 2013 | $119.59 |
| Jul 14, 2013 | $119.59 | Jun 28, 2013 | $21.58 |
| Jul 8, 2013 | $98.01 | ||
| Aug 14, 2013 | $119.59 | Jul 8, 2013 | $119.59 |
| Sep 14, 2013 | $20.16 | Jul 8, 2013 | $20.16 |
| Oct 14, 2013 | $433.44 | Jul 10, 2013 | $433.44 |
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