Name
Fredrick Ashikah
Member since
August 2013
On-time repayments
26 installments • 88%
Am Kenyan citizen aged 37 years old.I am a married man with one wife and four children. I live in NYAHURURU town at CO-SITE ESTATE with my family. I do my business in Nyahururu town where I sell second hand shoes. I started my business way back in 2010. About Education, I did my KCPE in the year 1993 and joined my secondary school and did my KCSE IN THE year 1997. After two years from school joined collage to sturdy sales and marketing/ business management. I started my business because I wanted to be self employed and create avenues for generating income for my family. Since I started my business I have been able to support my family and also support my two sisters complete their secondary education. If I get supported I will expand my business and create more avenues for income generating purpose.
I trade in Nyahururu town on the main street of the town koinange street. I buy second hand shoes and sale them at retails.I started my business three years back in 2010. I started with small capital and I have increased my stock to where iam today. I have witnessed high demand because of good quality shoes that I sale, because of friendly price on the second hand shoes. My customer prefer me because of good quality market that I offer to them. The business is profitable because our friendly price that allow me to sale in lager quantity. The risks that I encounter are sometimes sales are down and by that stock my take long, My typical monthly costs 50000/- to 85000/- If given support I tend to expand my business and create more opportunities to the society.After expanding my business I am 100% the business will assist to repay my loan monthly without any problem.
I will commit the all amount in my business by increasing my stock. By doing that it will boost my daily collection from what I used to collect. 7900/- ksh I will be put in a half sack of second hand shoes that I will purchase from the very fist day am given the loan. The remaining amount will cater for transport from where we go for our goods in the store. I promise to utilize every single coin of the loan amount given for the better benefit of my business. I will also create an account for that particular stock to monitor the progress and collection of that sack of shoes that I will have bought using the loan amount. I will make sure every cent is put in use from that amount disbursed to me being the loan.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Sep 5, 2013
Repayment status
On Time
Projected term
26 months
Amount repaid
$131.21
Amount remaining
$0.00
Date repaid
Nov 25, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 26, 2013 | $0.00 | ||
Nov 25, 2013 | $5.37 | Nov 25, 2013 | $5.37 |
Dec 25, 2013 | $5.37 | Nov 25, 2013 | $0.01 |
Dec 25, 2013 | $5.36 | ||
Jan 25, 2014 | $5.37 | Dec 25, 2013 | $0.02 |
Jan 29, 2014 | $5.34 | ||
Feb 25, 2014 | $5.37 | Jan 29, 2014 | $0.06 |
Feb 25, 2014 | $5.31 | ||
Mar 26, 2014 | $5.37 | Feb 25, 2014 | $0.07 |
Mar 28, 2014 | $5.30 | ||
Apr 26, 2014 | $5.37 | Mar 28, 2014 | $0.08 |
May 2, 2014 | $5.29 | ||
May 26, 2014 | $5.37 | May 2, 2014 | $0.09 |
May 26, 2014 | $5.28 | ||
Jun 26, 2014 | $5.37 | May 26, 2014 | $0.10 |
Jul 5, 2014 | $5.26 | ||
Jul 26, 2014 | $5.37 | Jul 5, 2014 | $0.11 |
Aug 6, 2014 | $5.25 | ||
Aug 26, 2014 | $5.37 | Aug 6, 2014 | $0.13 |
Aug 27, 2014 | $5.24 | ||
Sep 26, 2014 | $5.37 | Aug 27, 2014 | $0.14 |
Oct 7, 2014 | $5.23 | ||
Oct 26, 2014 | $5.37 | Oct 7, 2014 | $0.15 |
Nov 7, 2014 | $5.22 | ||
Nov 25, 2014 | $5.37 | Nov 7, 2014 | $0.16 |
Dec 5, 2014 | $5.21 | ||
Dec 25, 2014 | $5.37 | Dec 5, 2014 | $0.20 |
Jan 27, 2015 | $5.17 | ||
Jan 25, 2015 | $5.37 | Jan 27, 2015 | $0.21 |
Jan 27, 2015 | $5.16 | ||
Feb 25, 2015 | $5.37 | Jan 27, 2015 | $0.22 |
Feb 23, 2015 | $5.15 | ||
Mar 26, 2015 | $5.37 | Feb 23, 2015 | $0.23 |
Mar 28, 2015 | $5.14 | ||
Apr 26, 2015 | $5.37 | Mar 28, 2015 | $0.15 |
Apr 27, 2015 | $5.22 | ||
May 26, 2015 | $5.37 | Apr 27, 2015 | $0.16 |
May 27, 2015 | $5.21 | ||
Jun 26, 2015 | $5.37 | May 27, 2015 | $0.17 |
Jun 27, 2015 | $5.20 | ||
Jul 26, 2015 | $5.37 | Jun 27, 2015 | $0.18 |
Jul 27, 2015 | $5.18 | ||
Aug 26, 2015 | $5.37 | Jul 27, 2015 | $0.20 |
Aug 26, 2015 | $5.17 | ||
Sep 26, 2015 | $5.37 | Aug 26, 2015 | $0.21 |
Sep 25, 2015 | $5.16 | ||
Oct 26, 2015 | $5.37 | Sep 25, 2015 | $0.13 |
Oct 28, 2015 | $5.24 | ||
Nov 25, 2015 | $2.38 | Oct 28, 2015 | $0.05 |
Nov 25, 2015 | $2.33 |
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