Entrepreneur
Name
George
Member since
September 2012
On-time repayments
257 installments • 13%
About Me
I am married with one child. I live in Kiptangwanyi shopping center which is about 43kilometers from Nakuru town. This is the nearest major town where we go to get our supplies. I live in plot number 347 at the shopping center. My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. After I have bought them I later resell them to major towns such as Nakuru, Gilgil and Naivasha.
My Business
My business entails a cereals shop at the trading center. I purchase maize, beans, wheat and other dry grains at my shop. I have been in this business for five years now and I am well conversant with it. I have many customers from within the shopping centers as well as other towns. I also have a good source of supplies. The main challenges that the business encounter are lack of enough capital to expand the business and drought.
Loan Proposal
I wish to use this loan that I will be offered to do the following in improving my business. First, I wish to open another outlet that I will be selling my products at. The business has picked quite well and another outlet will serve a good number of my customers. Secondly, I wish to add more stock in my business.
Feedback
Positive
12
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,007.00
Date disbursed
Jul 19, 2013
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
UK, United Kingdom
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Summary
Amount repaid
$1,127.74
Amount remaining
$0.00
Date repaid
Nov 12, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 15, 2013 | $58.23 | Sep 10, 2013 | $58.23 |
| Oct 15, 2013 | $58.23 | Sep 10, 2013 | $1.30 |
| Oct 28, 2013 | $56.93 | ||
| Nov 14, 2013 | $58.23 | Oct 28, 2013 | $2.60 |
| Nov 14, 2013 | $55.63 | ||
| Dec 14, 2013 | $58.23 | Nov 14, 2013 | $3.89 |
| Dec 14, 2013 | $54.33 | ||
| Jan 14, 2014 | $58.23 | Dec 14, 2013 | $5.19 |
| Jan 4, 2014 | $53.04 | ||
| Feb 14, 2014 | $58.23 | Jan 4, 2014 | $18.39 |
| Feb 11, 2014 | $39.83 | ||
| Mar 15, 2014 | $58.23 | Feb 11, 2014 | $29.57 |
| Mar 11, 2014 | $28.65 | ||
| Apr 15, 2014 | $58.23 | Mar 11, 2014 | $58.23 |
| May 15, 2014 | $58.23 | Mar 11, 2014 | $32.17 |
| Apr 15, 2014 | $26.06 | ||
| Jun 15, 2014 | $1.27 | Apr 15, 2014 | $1.27 |
| Jul 15, 2014 | $154.76 | Apr 15, 2014 | $0.05 |
| Jun 4, 2014 | $1.27 | ||
| Jul 4, 2014 | $153.44 | ||
| Aug 15, 2014 | $25.08 | Jul 4, 2014 | $25.08 |
| Sep 15, 2014 | $5.95 | Jul 4, 2014 | $0.05 |
| Sep 12, 2014 | $5.90 | ||
| Oct 15, 2014 | $2.38 | Sep 12, 2014 | $0.05 |
| Oct 30, 2014 | $2.33 | ||
| Nov 15, 2014 | $414.25 | Oct 30, 2014 | $0.05 |
| Nov 12, 2014 | $414.20 | ||
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