I will use this loan to increase my stock so that i use most of my time doing business instead of using it travelling an...
Simon
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Simon
Member since
August 2013
On-time repayments
127 installments • 13%
About Me
My name is Simon Ndirangu And I come from Nakuru Kenya. I am have been working as a teacher until recently when i resigned to work as a businessman full time. I currently deliver and sell airtime to retailers and in the process make a 2.5% profit. I am currently selling about 30000 worth of safaricom airtime. My challenges are my means of transport and the fact that i have only access to safaricom airtime. I would want to start selling other denominations hence increasing my sales, profits and also attracting more customers. I also intend to increase my safaricom stock and buy a motorbike for delivering my products
My Business
My airtime business rakes in about kes 750 per day. Minus the expenses such as transport to town and back, I am left with about kes 500. This translates to about 13000 per month. My customers prefer me to the competition since they know that I have worked as a teacher in a nearby school. They therefore know me and trust me more. The competition however have other varieties of airtime and so they sometimes sell in my territory. The loan I am taking will allow me to add at least one other variety of airtime hence making my business work better.
Loan Proposal
Let me first the lenders for making this program a success. I will use 90% of this loan to add safaricom stock and the other 10% to add airtel stocks. This will enable me to increase my profit margin as well as spend more time in my market. I believe so much in my business and i don't think anything can stop me now. Thanks for your continued support.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$162.00
Date disbursed
Feb 25, 2014
Repayment status
On Time
Projected term
28 months
Other loans
Lenders
Mountain Home, United States
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Summary
Amount repaid
$212.87
Amount remaining
$0.00
Date repaid
Jun 20, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 11, 2014 | $3.46 | Mar 15, 2014 | $3.46 |
| Mar 18, 2014 | $0.07 | Mar 15, 2014 | $0.07 |
| Mar 25, 2014 | $0.00 | ||
| Apr 1, 2014 | $0.00 | ||
| Apr 8, 2014 | $1.01 | Apr 4, 2014 | $1.01 |
| Apr 15, 2014 | $1.01 | Apr 4, 2014 | $1.01 |
| Apr 22, 2014 | $1.01 | Apr 4, 2014 | $0.33 |
| May 21, 2014 | $0.68 | ||
| Apr 29, 2014 | $1.01 | May 21, 2014 | $1.01 |
| May 6, 2014 | $1.01 | May 21, 2014 | $1.00 |
| Jun 19, 2014 | $0.01 | ||
| May 13, 2014 | $1.01 | Jun 19, 2014 | $1.01 |
| May 20, 2014 | $1.01 | Jun 19, 2014 | $1.01 |
| May 27, 2014 | $1.01 | Jun 19, 2014 | $1.01 |
| Jun 3, 2014 | $1.01 | Jun 19, 2014 | $1.01 |
| Jun 10, 2014 | $1.01 | Jun 19, 2014 | $1.01 |
| Jun 17, 2014 | $1.01 | Jun 19, 2014 | $0.81 |
| Jul 23, 2014 | $0.20 | ||
| Jun 24, 2014 | $1.01 | Jul 23, 2014 | $1.01 |
| Jul 1, 2014 | $1.01 | Jul 23, 2014 | $1.01 |
| Jul 8, 2014 | $1.01 | Jul 23, 2014 | $1.01 |
| Jul 15, 2014 | $1.01 | Jul 23, 2014 | $1.01 |
| Jul 22, 2014 | $1.01 | Jul 23, 2014 | $0.46 |
| Aug 26, 2014 | $0.55 | ||
| Jul 29, 2014 | $1.01 | Aug 26, 2014 | $1.01 |
| Aug 5, 2014 | $1.01 | Aug 26, 2014 | $1.01 |
| Aug 12, 2014 | $1.01 | Aug 26, 2014 | $1.01 |
| Aug 19, 2014 | $1.01 | Aug 26, 2014 | $1.01 |
| Aug 26, 2014 | $1.01 | Aug 26, 2014 | $0.11 |
| Oct 7, 2014 | $0.91 | ||
| Sep 2, 2014 | $1.01 | Oct 7, 2014 | $1.01 |
| Sep 9, 2014 | $0.66 | Oct 7, 2014 | $0.66 |
| Sep 16, 2014 | $0.00 | ||
| Sep 23, 2014 | $0.00 | ||
| Sep 30, 2014 | $0.00 | ||
| Oct 7, 2014 | $0.00 | ||
| Oct 14, 2014 | $0.00 | ||
| Oct 21, 2014 | $0.00 | ||
| Oct 28, 2014 | $0.00 | ||
| Nov 3, 2014 | $0.00 | ||
| Nov 10, 2014 | $11.76 | Nov 28, 2014 | $11.76 |
| Nov 17, 2014 | $2.12 | Nov 28, 2014 | $2.12 |
| Nov 24, 2014 | $0.00 | ||
| Dec 1, 2014 | $0.00 | ||
| Dec 8, 2014 | $0.00 | ||
| Dec 15, 2014 | $0.00 | ||
| Dec 22, 2014 | $0.00 | ||
| Dec 29, 2014 | $5.88 | Mar 25, 2015 | $5.88 |
| Jan 5, 2015 | $0.00 | ||
| Jan 12, 2015 | $0.00 | ||
| Jan 19, 2015 | $0.00 | ||
| Jan 26, 2015 | $0.00 | ||
| Feb 2, 2015 | $0.00 | ||
| Feb 9, 2015 | $0.00 | ||
| Feb 16, 2015 | $0.00 | ||
| Feb 23, 2015 | $0.00 | ||
| Mar 2, 2015 | $0.00 | ||
| Mar 9, 2015 | $0.00 | ||
| Mar 16, 2015 | $0.00 | ||
| Mar 23, 2015 | $0.00 | ||
| Mar 30, 2015 | $3.53 | Apr 22, 2015 | $3.53 |
| Apr 6, 2015 | $0.00 | ||
| Apr 13, 2015 | $0.00 | ||
| Apr 20, 2015 | $0.00 | ||
| Apr 27, 2015 | $0.00 | ||
| May 4, 2015 | $0.00 | ||
| May 11, 2015 | $0.00 | ||
| May 18, 2015 | $0.00 | ||
| May 25, 2015 | $0.00 | ||
| Jun 1, 2015 | $0.00 | ||
| Jun 8, 2015 | $0.00 | ||
| Jun 15, 2015 | $0.00 | ||
| Jun 22, 2015 | $0.00 | ||
| Jun 29, 2015 | $0.00 | ||
| Jul 6, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 13, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 20, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 27, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Aug 3, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Aug 10, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Aug 17, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Aug 24, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Aug 31, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Sep 7, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Sep 14, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Sep 21, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Sep 28, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Oct 5, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Oct 12, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Oct 19, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Oct 26, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Nov 2, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Nov 9, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Nov 16, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Nov 23, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Nov 30, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Dec 7, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Dec 14, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Dec 21, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Dec 28, 2015 | $2.94 | Jun 20, 2019 | $2.94 |
| Jan 4, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jan 11, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jan 18, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jan 25, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Feb 1, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Feb 8, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Feb 15, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Feb 22, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Feb 29, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Mar 7, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Mar 14, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Mar 21, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Mar 28, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Apr 4, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Apr 11, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Apr 18, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Apr 25, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| May 2, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| May 9, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| May 16, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| May 23, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| May 30, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jun 6, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jun 13, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jun 20, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jun 27, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 4, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 11, 2016 | $2.94 | Jun 20, 2019 | $2.94 |
| Jul 18, 2016 | $4.31 | Jun 20, 2019 | $4.31 |
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