Entrepreneur
Name
Samuel
Member since
April 2012
On-time repayments
6 installments • 67%
About Me
I am 46 years old, I have a form our level of education and I Live and work at Ongata rongai n outskirts town of Nairobi where I operate a small workshop where I do repair and sell second hand radiators. I started this business ten years ago after being fired from where I was working in a radiator factory which closed down. this business has helped me educate and feed my small and happy family.
My Business
My business Is a sales and service business I sell second hand radiators which is source from the capital city of Nairobi and I repair broken ones. The location of my business favours my customer who find my accessibility open as I am near the main road . this has brought many customers making my business possible as I offer best services due to experience doing this work for many years and that makes good sales which brings good profits and there is still space for expansion as I am unable to satisfy all customer needs.The challenges I face are upcoming businesses and some times I don't get the supplies but I have developed a mechanism to counter this.
Loan Proposal
I want to buy some radiators and electrical fans as the demand is high due to the rains this season. the amount requested will buy about 5 radiators and 5 Fans which i want to add to the stock i have.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$306.00
Date disbursed
May 14, 2012
Repayment status
Late
Projected term
6 months
Lenders
Richmond, United States
Summary
Amount repaid
$217.06
Amount remaining
$101.89
Expected completion
Nov 14, 2012
Status
Repaying late
Installment amount
$53.16
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 14, 2012 | $53.16 | Jun 17, 2012 | $53.16 |
| Jul 14, 2012 | $53.16 | Jun 17, 2012 | $7.82 |
| Jul 15, 2012 | $45.34 | ||
| Aug 14, 2012 | $53.16 | Jul 15, 2012 | $7.10 |
| Aug 15, 2012 | $46.06 | ||
| Sep 14, 2012 | $53.16 | Aug 15, 2012 | $2.72 |
| Sep 19, 2012 | $50.44 | ||
| Oct 14, 2012 | $53.16 | Sep 19, 2012 | $4.44 |
| Nov 14, 2012 | $53.16 | ||
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