Entrepreneur
Name
Sam
Member since
January 2014
On-time repayments
317 installments • 62%
About Me
Hello, I am a Kenyan of Kisii descent, currently living in Nairobi (Langata Estate) for the past >7 years, I am a university graduate, having graduated with a BSc Honors in Mathematics & Chemistry from Jomo Kenyatta University of Agriculture & Technology
I grew up in the rural areas of the highlands where it was hard getting to school but I managed in the group of others as well each morning walking up to 4 kms.
I enjoy eating meat and have always been fascinated with owning my own meat shop since i was young
My Business
If granted the loan facility I will be able to repay this over a predetermined period and interest rate as I may chose from the earning of my current job. I am currently employed on a permanent contract basis whose termination clause is only effective after three month’s notice. The amount of money I can be able to pay for a month could be up to Ks 1500.00 per month with no much strain. Also within the same period I expect that the business venture will have picked up and hence will not struggle to pay back the loan.
I would like to start a second hand clothes delivery business within Nairobi and its environs.
Loan Proposal
I am requesting this loan for the purpose of starting up a meat shop in my area of residence. I have stayed there for a couple of years and this period I have noticed that we struggle so much to get a consistent meat shop. The current ones either do not variety or have no proper storage facilities. Over the 15 month I decided I have to turn this into an opportunity and I have been saving $35 every month on my company savings credit unit so that I can raise up to$ 1000 which will enable me start this up. This additional fund that I am requesting will surely speed up the process of achieving my goal by end of Jan 2014.
With the additional cash I will be able to get the much needed freezer that was going to be a challenge on initial onset of business, and that is key to my business, it is what will separate me from the rest of the meat shops here!
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 28, 2014
Repayment status
On Time
Projected term
20 months
Other loans
Lenders
Summary
Amount repaid
$300.46
Amount remaining
$0.00
Date repaid
Oct 12, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 4, 2014 | $5.76 | Feb 11, 2014 | $5.76 |
| Feb 11, 2014 | $0.01 | Feb 11, 2014 | $0.01 |
| Feb 18, 2014 | $0.00 | ||
| Feb 25, 2014 | $0.00 | ||
| Mar 4, 2014 | $4.71 | Mar 4, 2014 | $4.71 |
| Mar 12, 2014 | $4.71 | Mar 12, 2014 | $4.71 |
| Mar 19, 2014 | $4.71 | Mar 13, 2014 | $4.71 |
| Mar 26, 2014 | $4.71 | Mar 28, 2014 | $4.71 |
| Apr 2, 2014 | $4.71 | Apr 9, 2014 | $4.71 |
| Apr 9, 2014 | $4.71 | Apr 9, 2014 | $4.71 |
| Apr 16, 2014 | $4.71 | Apr 23, 2014 | $4.71 |
| Apr 23, 2014 | $4.71 | Apr 24, 2014 | $4.71 |
| Apr 30, 2014 | $4.71 | May 5, 2014 | $4.71 |
| May 7, 2014 | $4.71 | May 5, 2014 | $4.71 |
| May 14, 2014 | $4.71 | May 5, 2014 | $4.71 |
| May 21, 2014 | $4.71 | Jun 4, 2014 | $4.71 |
| May 28, 2014 | $4.71 | Jun 4, 2014 | $4.71 |
| Jun 4, 2014 | $4.71 | Jun 4, 2014 | $4.71 |
| Jun 11, 2014 | $4.71 | Jun 4, 2014 | $4.71 |
| Jun 18, 2014 | $0.00 | ||
| Jun 25, 2014 | $0.00 | ||
| Jul 2, 2014 | $4.71 | Jul 5, 2014 | $4.71 |
| Jul 9, 2014 | $4.71 | Jul 5, 2014 | $4.71 |
| Jul 16, 2014 | $4.71 | Jul 17, 2014 | $4.71 |
| Jul 23, 2014 | $4.71 | Aug 1, 2014 | $4.71 |
| Jul 30, 2014 | $4.71 | Aug 1, 2014 | $4.71 |
| Aug 6, 2014 | $4.71 | Aug 1, 2014 | $4.71 |
| Aug 13, 2014 | $4.71 | Aug 1, 2014 | $4.71 |
| Aug 20, 2014 | $4.71 | Sep 3, 2014 | $4.71 |
| Aug 27, 2014 | $4.71 | Sep 10, 2014 | $4.71 |
| Sep 3, 2014 | $4.71 | Sep 10, 2014 | $4.71 |
| Sep 10, 2014 | $4.71 | Sep 22, 2014 | $4.71 |
| Sep 17, 2014 | $4.71 | Sep 22, 2014 | $4.71 |
| Sep 24, 2014 | $4.71 | Sep 22, 2014 | $4.71 |
| Oct 1, 2014 | $4.71 | Sep 22, 2014 | $4.71 |
| Oct 8, 2014 | $4.71 | Sep 22, 2014 | $4.71 |
| Oct 15, 2014 | $0.00 | ||
| Oct 22, 2014 | $0.00 | ||
| Oct 29, 2014 | $0.00 | ||
| Nov 4, 2014 | $0.00 | ||
| Nov 11, 2014 | $3.53 | Dec 11, 2014 | $3.53 |
| Nov 18, 2014 | $0.00 | ||
| Nov 25, 2014 | $0.00 | ||
| Dec 2, 2014 | $0.00 | ||
| Dec 9, 2014 | $0.00 | ||
| Dec 16, 2014 | $0.00 | ||
| Dec 23, 2014 | $3.53 | Dec 23, 2014 | $3.53 |
| Dec 30, 2014 | $3.53 | Dec 24, 2014 | $3.53 |
| Jan 6, 2015 | $3.53 | Dec 24, 2014 | $3.53 |
| Jan 13, 2015 | $3.53 | Jan 17, 2015 | $3.53 |
| Jan 20, 2015 | $3.53 | Jan 28, 2015 | $3.53 |
| Jan 27, 2015 | $3.53 | Jan 29, 2015 | $3.53 |
| Feb 3, 2015 | $3.53 | Feb 7, 2015 | $3.53 |
| Feb 10, 2015 | $3.53 | Feb 11, 2015 | $3.53 |
| Feb 17, 2015 | $3.53 | Feb 11, 2015 | $3.53 |
| Feb 24, 2015 | $3.53 | Feb 16, 2015 | $3.53 |
| Mar 3, 2015 | $3.53 | Mar 7, 2015 | $3.53 |
| Mar 10, 2015 | $3.53 | Mar 7, 2015 | $3.53 |
| Mar 17, 2015 | $3.53 | Mar 31, 2015 | $3.53 |
| Mar 24, 2015 | $3.53 | Apr 8, 2015 | $3.53 |
| Mar 31, 2015 | $3.53 | May 1, 2015 | $3.53 |
| Apr 7, 2015 | $3.53 | May 1, 2015 | $3.53 |
| Apr 14, 2015 | $3.53 | May 1, 2015 | $3.53 |
| Apr 21, 2015 | $3.53 | May 1, 2015 | $3.53 |
| Apr 28, 2015 | $3.53 | May 1, 2015 | $3.53 |
| May 5, 2015 | $3.53 | May 1, 2015 | $3.53 |
| May 12, 2015 | $3.53 | May 1, 2015 | $2.35 |
| May 18, 2015 | $1.18 | ||
| May 19, 2015 | $3.53 | May 18, 2015 | $3.53 |
| May 26, 2015 | $3.53 | May 18, 2015 | $2.35 |
| Jul 10, 2015 | $1.18 | ||
| Jun 2, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jun 9, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jun 16, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jun 23, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jun 30, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jul 7, 2015 | $3.53 | Jul 10, 2015 | $3.53 |
| Jul 14, 2015 | $3.53 | Jul 10, 2015 | $1.18 |
| Aug 11, 2015 | $2.35 | ||
| Jul 21, 2015 | $3.53 | Aug 11, 2015 | $3.53 |
| Jul 28, 2015 | $3.53 | Aug 11, 2015 | $3.53 |
| Aug 4, 2015 | $3.53 | Aug 11, 2015 | $3.53 |
| Aug 11, 2015 | $3.53 | Sep 12, 2015 | $3.53 |
| Aug 18, 2015 | $3.53 | Sep 12, 2015 | $3.53 |
| Aug 25, 2015 | $3.53 | Sep 12, 2015 | $3.53 |
| Sep 1, 2015 | $3.53 | Sep 12, 2015 | $3.53 |
| Sep 8, 2015 | $3.53 | Sep 12, 2015 | $3.53 |
| Sep 15, 2015 | $3.53 | Oct 12, 2015 | $3.53 |
| Sep 22, 2015 | $3.53 | Oct 12, 2015 | $3.53 |
| Sep 29, 2015 | $3.53 | Oct 12, 2015 | $3.53 |
| Oct 6, 2015 | $5.27 | Oct 12, 2015 | $5.27 |
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