Entrepreneur
Name
John
Member since
March 2014
On-time repayments
95 installments • 7%
About Me
I am the third born in a family of seven with both parents , one brother and three sisters. I live in Nyahururu town. Nyahururu is in Laikipia County 100 kilometers from Nyeri town on your way to Nakuru town. I am a business man by occupation and I am an O level graduate at Kieni High School. I started a business because I had always dreamed of being a very prosperous business person in life. I buy and sell some items like footwear's, clothes, handbags for both men and women, I also sell school uniforms and bags and some other items that can be displayed in a boutique.
My Business
My business is a sole proprietorship that means it is a single partnership as I am the sole owner of the business. My goods and services are of high quality since I sell new items. Customers prefer to shop at my boutique because their preferences are met and I have variety of products affordable to any person. That raises the demand for my goods. My business is located at the town square and there is a wide range of market and that makes it much profitable. However the only risk that i encounter at my business is low demand for school items like uniforms because the are some kind of seasonal, their demand rises during the school re-openings. I manage to make a sale of kshs 60000 per month making it possible to cater for my monthly costs of kshs 25000 including house rent and electricity bill.
Loan Proposal
Thank you very much for you kindness and willingness to assist me and see to it that I succeed in my business. I am going to add more stock in my boutique, i will buy more clothes and display them at my shop and with that I am sure that I shall make repayments on time and be ready for the second loan. I will benefit from the loan because my profits will increase due to the added stock. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 25, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
UK, United Kingdom
Summary
Amount repaid
$102.84
Amount remaining
$0.00
Date repaid
May 20, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 7, 2014 | $4.47 | Apr 7, 2014 | $4.47 |
| Apr 14, 2014 | $4.47 | Apr 7, 2014 | $0.01 |
| May 1, 2014 | $4.46 | ||
| Apr 21, 2014 | $4.47 | May 1, 2014 | $4.47 |
| Apr 28, 2014 | $4.47 | May 1, 2014 | $4.47 |
| May 5, 2014 | $4.47 | May 1, 2014 | $4.25 |
| May 5, 2014 | $0.22 | ||
| May 12, 2014 | $4.47 | May 5, 2014 | $4.47 |
| May 19, 2014 | $4.47 | May 5, 2014 | $3.31 |
| May 7, 2014 | $1.16 | ||
| May 26, 2014 | $4.47 | May 7, 2014 | $4.47 |
| Jun 2, 2014 | $4.47 | May 7, 2014 | $3.19 |
| May 9, 2014 | $1.28 | ||
| Jun 9, 2014 | $4.47 | May 9, 2014 | $4.47 |
| Jun 16, 2014 | $4.47 | May 9, 2014 | $3.42 |
| May 12, 2014 | $1.05 | ||
| Jun 23, 2014 | $4.47 | May 12, 2014 | $4.47 |
| Jun 30, 2014 | $4.47 | May 12, 2014 | $3.89 |
| May 13, 2014 | $0.58 | ||
| Jul 7, 2014 | $4.47 | May 13, 2014 | $4.47 |
| Jul 14, 2014 | $4.47 | May 13, 2014 | $4.36 |
| May 14, 2014 | $0.11 | ||
| Jul 21, 2014 | $4.47 | May 14, 2014 | $4.47 |
| Jul 28, 2014 | $4.47 | May 14, 2014 | $4.47 |
| Aug 4, 2014 | $4.47 | May 14, 2014 | $0.72 |
| May 15, 2014 | $3.75 | ||
| Aug 11, 2014 | $4.47 | May 15, 2014 | $4.47 |
| Aug 18, 2014 | $4.47 | May 15, 2014 | $1.54 |
| May 16, 2014 | $2.93 | ||
| Aug 25, 2014 | $4.47 | May 16, 2014 | $4.47 |
| Sep 1, 2014 | $4.47 | May 16, 2014 | $2.36 |
| May 17, 2014 | $2.11 | ||
| Sep 8, 2014 | $4.47 | May 17, 2014 | $4.47 |
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