Name
Reuben
Member since
November 2011
On-time repayments
15 installments • 7%
I am married with 8 children. Five of them are schooling. I live in kiptangwanyi shopping centre where I operate the business of a hotel .Kiptangwanyi is about 42km from Nakuru which is our nearest major town. I live in my own plot number 2325 house number 1.
My business entails operating a hotel which is in Kiptangwanyi shopping centre. the business has a high demand as a result of the nearby secondary and a prmary school where I get most of my customers. the main challenges that the business encounter are high cost of foodstuffs, frequent power rationing and high cost of living. currently I am using my revenues to expand the business premises and to improve my custome services.
I will use my loan to expand my business. I would also like to buy a refrigerator so that I can be able to provide fresh products and also to store drinks such as soda and milk for a long time.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$453.00
Date disbursed
Jan 13, 2012
Repayment status
Late
Projected term
16 months
Amount repaid
$118.33
Amount remaining
$383.70
Expected completion
May 13, 2013
Status
Repaying late
Installment amount
$35.71
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 13, 2012 | $44.48 | Feb 13, 2012 | $11.90 |
Mar 8, 2012 | $11.90 | ||
Mar 13, 2012 | $20.67 | ||
Apr 13, 2012 | $43.62 | Mar 13, 2012 | $0.76 |
Apr 24, 2012 | $20.83 | ||
May 9, 2012 | $22.02 | ||
May 13, 2012 | $0.00 | ||
Jun 13, 2012 | $35.71 | Jun 11, 2012 | $5.71 |
Jun 27, 2012 | $4.52 | ||
Jul 15, 2012 | $7.14 | ||
Jul 26, 2012 | $8.33 | ||
Aug 5, 2012 | $4.52 | ||
Jul 13, 2012 | $35.71 | ||
Aug 13, 2012 | $35.71 | ||
Sep 13, 2012 | $35.71 | ||
Oct 13, 2012 | $35.71 | ||
Nov 13, 2012 | $35.71 | ||
Dec 13, 2012 | $35.71 | ||
Jan 13, 2013 | $35.71 | ||
Feb 13, 2013 | $35.71 | ||
Mar 13, 2013 | $35.71 | ||
Apr 13, 2013 | $35.71 | ||
May 13, 2013 | $21.08 |
Ask Reuben a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.