I will use the amount given to stock my shop since i am running it in low stock
Miriam
Narok Town, Kenya
47% repaid
Entrepreneur
Name
Miriam
Member since
January 2014
On-time repayments
143 installments • 8%
About Me
My names are miriam ndoga,a mother of one child,married and a business woman with a clear vision to succeed in life.I was born in the year 1988 in narok town.I later joined Lenana primary school and then proceeded to masaai girls secondary school. In both institution i managed to score good grades. I started my shop business in year 2013.I started the small shop in order to generate income to cater for my day to day family needs. The amount i generate from my business is used to stock the business for easy and smooth operation of the business as well as to cater for maternal needs.
My Business
My business name is refereed as Milly mini-shop.I usually sell day to day essential commodities like,sugar,bread,tea leaves,matchbox,milk etc.This goods that i sell, are first going goods hence i generate a sufficient income in my business. The goods are always on demand because they are used daily in most household. I have managed to attract a good number of customers since i sell my goods at a favorable price and also i have a variety of goods. My business is profitable since i sell first going goods hence i sell more goods within a short period of time generating more income. The major risk that i face is luck of sufficient stock to cater for the growing number of residents in our area. My monthly sales revenue is about 5000ksh and my monthly cost is about 3500ksh hence generating a profit of about 1500ksh.If given the loan, i will invest it all in stocking up my business hence generating more income in my business and thus able to pay my loan on time.
Loan Proposal
The first amount given will be used add more stock in my business since i run my shop in low stock.Currently our area is rapidly increasing in population thus increase in the customer base in my shop.This has triggered the increase in demand of fast going and essential products like sugar,bread,milk,sweets,tea leaves,cakes,cooking oil,jelly etc,especially the rush hours.There will be great benefits if my shop is well stocked with those products eg they will be an increase in income generation hence i will be able to repay my loan on time.I am 100% sure if funded by lenders and i utilize the loan given according to how i have planned, i will definitely refund the loan in time without any disappointment to the leaders.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$60.00
Date disbursed
Feb 3, 2014
Repayment status
Late
Projected term
33 months
Lenders
Summary
Amount repaid
$79.80
Amount remaining
$90.74
Expected completion
Nov 7, 2016
Status
Repaying late
Installment amount
$1.18
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 10, 2014 | $2.20 | Feb 20, 2014 | $2.20 |
| Feb 17, 2014 | $2.20 | Feb 20, 2014 | $0.15 |
| Mar 27, 2014 | $2.05 | ||
| Feb 24, 2014 | $2.20 | Mar 27, 2014 | $2.20 |
| Mar 3, 2014 | $2.20 | Mar 27, 2014 | $2.20 |
| Mar 11, 2014 | $2.20 | Mar 27, 2014 | $2.20 |
| Mar 18, 2014 | $2.20 | Mar 27, 2014 | $2.20 |
| Mar 25, 2014 | $2.20 | Mar 27, 2014 | $0.45 |
| Apr 28, 2014 | $1.75 | ||
| Apr 1, 2014 | $2.20 | Apr 28, 2014 | $2.20 |
| Apr 8, 2014 | $2.20 | Apr 28, 2014 | $2.20 |
| Apr 15, 2014 | $0.12 | Apr 28, 2014 | $0.08 |
| May 30, 2014 | $0.04 | ||
| Apr 22, 2014 | $0.00 | ||
| Apr 29, 2014 | $0.00 | ||
| May 6, 2014 | $0.00 | ||
| May 13, 2014 | $0.00 | ||
| May 20, 2014 | $0.00 | ||
| May 27, 2014 | $1.18 | May 30, 2014 | $1.18 |
| Jun 3, 2014 | $1.18 | May 30, 2014 | $0.32 |
| Jun 11, 2014 | $0.86 | ||
| Jun 10, 2014 | $1.18 | Jun 11, 2014 | $1.02 |
| Jun 24, 2014 | $0.15 | ||
| Jun 17, 2014 | $1.18 | Jun 24, 2014 | $1.18 |
| Jun 24, 2014 | $1.18 | Jun 24, 2014 | $0.55 |
| Jul 10, 2014 | $0.62 | ||
| Jul 1, 2014 | $1.18 | Jul 10, 2014 | $1.18 |
| Jul 8, 2014 | $1.18 | Jul 10, 2014 | $0.08 |
| Jul 29, 2014 | $1.09 | ||
| Jul 15, 2014 | $1.18 | Jul 29, 2014 | $0.08 |
| Aug 18, 2014 | $1.09 | ||
| Jul 22, 2014 | $1.18 | Aug 18, 2014 | $0.08 |
| Aug 28, 2014 | $1.09 | ||
| Jul 29, 2014 | $1.18 | Aug 28, 2014 | $0.79 |
| Sep 8, 2014 | $0.39 | ||
| Aug 5, 2014 | $1.18 | Sep 8, 2014 | $1.18 |
| Aug 12, 2014 | $1.18 | Sep 8, 2014 | $0.32 |
| Sep 18, 2014 | $0.86 | ||
| Aug 19, 2014 | $1.18 | Sep 18, 2014 | $1.02 |
| Sep 25, 2014 | $0.15 | ||
| Aug 26, 2014 | $1.18 | Sep 25, 2014 | $1.02 |
| Oct 1, 2014 | $0.15 | ||
| Sep 2, 2014 | $1.18 | Oct 1, 2014 | $1.18 |
| Sep 9, 2014 | $1.18 | Oct 1, 2014 | $1.18 |
| Sep 16, 2014 | $1.18 | Oct 1, 2014 | $1.02 |
| Dec 8, 2014 | $0.15 | ||
| Sep 23, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Sep 30, 2014 | $1.18 | Dec 8, 2014 | $1.18 |
| Oct 7, 2014 | $1.18 | Dec 8, 2014 | $1.02 |
| Dec 15, 2014 | $0.15 | ||
| Oct 14, 2014 | $1.18 | Dec 15, 2014 | $1.18 |
| Oct 21, 2014 | $1.18 | Dec 15, 2014 | $1.18 |
| Oct 28, 2014 | $1.18 | Dec 15, 2014 | $1.02 |
| May 20, 2015 | $0.15 | ||
| Nov 3, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Nov 10, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Nov 17, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Nov 24, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Dec 1, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Dec 8, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Dec 15, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Dec 22, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Dec 29, 2014 | $1.18 | May 20, 2015 | $1.18 |
| Jan 5, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Jan 12, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Jan 19, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Jan 26, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Feb 2, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Feb 9, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Feb 16, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Feb 23, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Mar 2, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Mar 10, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Mar 17, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Mar 24, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Mar 31, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Apr 7, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Apr 14, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Apr 21, 2015 | $1.18 | May 20, 2015 | $1.18 |
| Apr 28, 2015 | $1.18 | May 20, 2015 | $1.18 |
| May 5, 2015 | $1.18 | May 20, 2015 | $1.18 |
| May 12, 2015 | $1.18 | May 20, 2015 | $1.02 |
| May 19, 2015 | $1.18 | ||
| May 26, 2015 | $1.18 | ||
| Jun 2, 2015 | $1.18 | ||
| Jun 9, 2015 | $1.18 | ||
| Jun 16, 2015 | $1.18 | ||
| Jun 23, 2015 | $1.18 | ||
| Jun 30, 2015 | $1.18 | ||
| Jul 7, 2015 | $1.18 | ||
| Jul 14, 2015 | $1.18 | ||
| Jul 21, 2015 | $1.18 | ||
| Jul 28, 2015 | $1.18 | ||
| Aug 4, 2015 | $1.18 | ||
| Aug 11, 2015 | $1.18 | ||
| Aug 18, 2015 | $1.18 | ||
| Aug 25, 2015 | $1.18 | ||
| Sep 1, 2015 | $1.18 | ||
| Sep 8, 2015 | $1.18 | ||
| Sep 15, 2015 | $1.18 | ||
| Sep 22, 2015 | $1.18 | ||
| Sep 29, 2015 | $1.18 | ||
| Oct 6, 2015 | $1.18 | ||
| Oct 13, 2015 | $1.18 | ||
| Oct 20, 2015 | $1.18 | ||
| Oct 27, 2015 | $1.18 | ||
| Nov 2, 2015 | $1.18 | ||
| Nov 9, 2015 | $1.18 | ||
| Nov 16, 2015 | $1.18 | ||
| Nov 23, 2015 | $1.18 | ||
| Nov 30, 2015 | $1.18 | ||
| Dec 7, 2015 | $1.18 | ||
| Dec 14, 2015 | $1.18 | ||
| Dec 21, 2015 | $1.18 | ||
| Dec 28, 2015 | $1.18 | ||
| Jan 4, 2016 | $1.18 | ||
| Jan 11, 2016 | $1.18 | ||
| Jan 18, 2016 | $1.18 | ||
| Jan 25, 2016 | $1.18 | ||
| Feb 1, 2016 | $1.18 | ||
| Feb 8, 2016 | $1.18 | ||
| Feb 15, 2016 | $1.18 | ||
| Feb 22, 2016 | $1.18 | ||
| Feb 29, 2016 | $1.18 | ||
| Mar 7, 2016 | $1.18 | ||
| Mar 15, 2016 | $1.18 | ||
| Mar 22, 2016 | $1.18 | ||
| Mar 29, 2016 | $1.18 | ||
| Apr 5, 2016 | $1.18 | ||
| Apr 12, 2016 | $1.18 | ||
| Apr 19, 2016 | $1.18 | ||
| Apr 26, 2016 | $1.18 | ||
| May 3, 2016 | $1.18 | ||
| May 10, 2016 | $1.18 | ||
| May 17, 2016 | $1.18 | ||
| May 24, 2016 | $1.18 | ||
| May 31, 2016 | $1.18 | ||
| Jun 7, 2016 | $1.18 | ||
| Jun 14, 2016 | $1.18 | ||
| Jun 21, 2016 | $1.18 | ||
| Jun 28, 2016 | $1.18 | ||
| Jul 5, 2016 | $1.18 | ||
| Jul 12, 2016 | $1.18 | ||
| Jul 19, 2016 | $1.18 | ||
| Jul 26, 2016 | $1.18 | ||
| Aug 2, 2016 | $1.18 | ||
| Aug 9, 2016 | $1.18 | ||
| Aug 16, 2016 | $1.18 | ||
| Aug 23, 2016 | $1.18 | ||
| Aug 30, 2016 | $1.18 | ||
| Sep 6, 2016 | $1.18 | ||
| Sep 13, 2016 | $1.18 | ||
| Sep 20, 2016 | $1.18 | ||
| Sep 27, 2016 | $1.18 | ||
| Oct 4, 2016 | $1.18 | ||
| Oct 11, 2016 | $1.18 | ||
| Oct 18, 2016 | $1.18 | ||
| Oct 25, 2016 | $1.18 | ||
| Nov 1, 2016 | $1.18 | ||
| Nov 7, 2016 | $0.04 | ||
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