Samuel

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

October 2010

On-time repayments

39 installments  •  21%

About Me

My name is Samuel Ndungu Kinyanjui. I am a father of six. I live at bahati near the centre. My elder daughter is in form four while the last son is only 3 years old. The other four are in the primary school.

My Business

I deal with shoe business where I buy shoe accessories such as shoe soles, laces, polish and other parts. I also buy and sell new and old shoes as a retailer. I mend the old torn ones for those who need them mended. For new shoes the wholesale price depends on the type of shoes and the retailing price depend on the price at whole sale. On average, I make about Ksh 15000 per month which I use to pay the rent (Ksh 1500) for the room where I do business. I would wish to expand my business by adding more stock of the new shoes so that I can make more money. This is especially during the December season because the Kenyans buy new clothes and shoes during Christmas. If I could have a good stock, I expect to sell so much. I would also wish to stock the shop with the school shoes which do well during the new year as most of the students buy especially those joining other schools like form one. I also sell school bags which do well at the beginning of the year.

Loan Proposal

If the loan come at this time i will buy several pair of shoes to be used by the school going children.Our school calendar start now and shoes are in high demand .Old shoes require new soles ,i will buy several shoe soles so as to replace soles for those who cannot afford new shoes especially ladies

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$750.00

Date disbursed

Jan 18, 2011

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

J

jeffb

United States

N

nani

austin, United States

C

CWS

Huntington beach, ca, United States

E

Errol

Bradenton, FL, United States

neffe

Berlin, Germany

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Summary

Amount repaid

$797.10

Amount remaining

$0.00

Date repaid

Sep 30, 2011

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 18, 2011 $66.43 Feb 17, 2011 $66.43
Mar 18, 2011 $66.43 Feb 17, 2011 $4.83
Mar 18, 2011 $61.60
Apr 18, 2011 $66.43 Mar 18, 2011 $12.15
Apr 18, 2011 $54.28
May 18, 2011 $66.43 Apr 18, 2011 $14.48
May 18, 2011 $51.95
Jun 18, 2011 $66.43 May 18, 2011 $21.80
Jun 18, 2011 $44.63
Jul 18, 2011 $66.43 Jun 18, 2011 $29.13
Jul 14, 2011 $37.30
Aug 18, 2011 $66.43 Jul 14, 2011 $37.70
Aug 18, 2011 $28.73
Sep 18, 2011 $66.43 Aug 18, 2011 $45.03
Sep 30, 2011 $21.40
Oct 18, 2011 $66.43 Sep 30, 2011 $66.43
Nov 18, 2011 $66.43 Sep 30, 2011 $66.43
Dec 18, 2011 $66.43 Sep 30, 2011 $66.43
Jan 18, 2012 $66.43 Sep 30, 2011 $66.43

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