Purchase of Secondhand Electronics for Reselling Business
Faith
Athi River, Kenya
36% repaid
Entrepreneur
Name
Faith
Member since
August 2015
On-time repayments
89 installments • 58%
About Me
I attended Kathekakai Primary School for my primary Education and Mumbuni
Secondary School for my Secondary Education. I am the fifth borne in my family.
My parents are farmers. I overcame hardship when I joined college and later
started working. I sell second hand goods specifically electronics. What is unique about my land is fertility. My Kamba culture remains traditional. I have two
children. The elder one wants to become a doctor and the last born wants to
become an Air hostesses. My hobby is unique as I like helping the needy.
My Business
I buy second hand electronics and sale at wholesale price. This will enable me to repay my loan. They are in demand as many people can't afford new electronics. I choose this kind of business because I had no money and began with only US$50.00. My typical cost at present is about US$100.00. I get a profit of about 50%. The profit helps me to educate my children, use some of it for our upkeep and also reinvest
in the business so that it can grow.
Loan Proposal
I will buy second hand electronics worth US$250.00. It will benefit me alot
because it create job opportunities to people, my sales will increase and I
will also help the need.
I expect a profit of50%.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jul 11, 2016
Repayment status
Late
Projected term
12 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
United States
United States
United Kingdom
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$95.79
Amount remaining
$166.70
Expected completion
Jul 17, 2017
Status
Repaying late
Installment amount
$5.04
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 18, 2016 | $5.04 | Jul 18, 2016 | $5.04 |
| Jul 25, 2016 | $5.04 | Jul 25, 2016 | $5.04 |
| Aug 1, 2016 | $5.04 | Aug 1, 2016 | $5.04 |
| Aug 8, 2016 | $5.04 | Aug 8, 2016 | $5.04 |
| Aug 15, 2016 | $5.04 | Aug 15, 2016 | $5.04 |
| Aug 22, 2016 | $5.04 | Aug 22, 2016 | $5.04 |
| Aug 29, 2016 | $5.04 | Aug 29, 2016 | $5.04 |
| Sep 5, 2016 | $5.04 | Sep 5, 2016 | $5.04 |
| Sep 12, 2016 | $5.04 | Sep 19, 2016 | $5.04 |
| Sep 19, 2016 | $5.04 | Sep 19, 2016 | $5.04 |
| Sep 26, 2016 | $5.04 | Sep 26, 2016 | $5.04 |
| Oct 3, 2016 | $5.04 | Oct 10, 2016 | $5.04 |
| Oct 10, 2016 | $5.04 | Oct 10, 2016 | $5.04 |
| Oct 17, 2016 | $5.04 | Oct 16, 2016 | $5.04 |
| Oct 24, 2016 | $5.04 | Oct 31, 2016 | $5.04 |
| Oct 31, 2016 | $5.04 | Oct 31, 2016 | $5.04 |
| Nov 7, 2016 | $5.04 | Nov 8, 2016 | $5.04 |
| Nov 14, 2016 | $5.04 | Nov 22, 2016 | $5.04 |
| Nov 21, 2016 | $5.04 | Nov 22, 2016 | $5.04 |
| Nov 28, 2016 | $5.04 | ||
| Dec 5, 2016 | $5.04 | ||
| Dec 12, 2016 | $5.04 | ||
| Dec 19, 2016 | $5.04 | ||
| Dec 26, 2016 | $5.04 | ||
| Jan 2, 2017 | $5.04 | ||
| Jan 9, 2017 | $5.04 | ||
| Jan 16, 2017 | $5.04 | ||
| Jan 23, 2017 | $5.04 | ||
| Jan 30, 2017 | $5.04 | ||
| Feb 6, 2017 | $5.04 | ||
| Feb 13, 2017 | $5.04 | ||
| Feb 20, 2017 | $5.04 | ||
| Feb 27, 2017 | $5.04 | ||
| Mar 6, 2017 | $5.04 | ||
| Mar 13, 2017 | $5.04 | ||
| Mar 20, 2017 | $5.04 | ||
| Mar 27, 2017 | $5.04 | ||
| Apr 3, 2017 | $5.04 | ||
| Apr 10, 2017 | $5.04 | ||
| Apr 17, 2017 | $5.04 | ||
| Apr 24, 2017 | $5.04 | ||
| May 1, 2017 | $5.04 | ||
| May 8, 2017 | $5.04 | ||
| May 15, 2017 | $5.04 | ||
| May 22, 2017 | $5.04 | ||
| May 29, 2017 | $5.04 | ||
| Jun 5, 2017 | $5.04 | ||
| Jun 12, 2017 | $5.04 | ||
| Jun 19, 2017 | $5.04 | ||
| Jun 26, 2017 | $5.04 | ||
| Jul 3, 2017 | $5.04 | ||
| Jul 10, 2017 | $5.04 | ||
| Jul 17, 2017 | $0.33 | ||
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