Increase inventory for my detergent business second loan

Samuel

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

June 2016

On-time repayments

52 installments  •  58%

About Me

Am a young entrepreneur who is ready to grow financially and provide financial freedom to many others by creating employment opportunities. This has been made possible by my detergent business whereby I distribute detergent to several small businesses. I have also employed 3 sales assistants who I pay on commission.
i have also a running printing business located just outside the moi university eldoret west campus, a very prime locality. I am also running an online shop dealing with HD night vision driving glasses.

My Business

I make and distribute soap detergents to my customers. I also have 3 people who do retail and i pay them on commission. It is a growing business and we are soon introducing a handwash and bleach. This will enable us to get more customers while making us greater income.
i also have a printing shop in moi University Eldoret west campus
Also i am currently having an online shop where i import fast moving products and sell them

Loan Proposal

If given this loan, i will increase my inventory in terms of chemicals i use in manufacture of detergents. i will also start the production of hand wash which is a products my customers are requesting. This will increase the variety of products i supply and also my profits by huge margins. This is my second loan .My 1st was paid way beyond time.
Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$7.00

Date disbursed

Apr 21, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Claire Lewis

Wales Uk, United Kingdom

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Summary

Amount repaid

$6.55

Amount remaining

$0.00

Date repaid

May 31, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 28, 2017 $0.99 May 10, 2017 $0.99
May 5, 2017 $0.99 May 10, 2017 $0.99
May 12, 2017 $0.99 May 10, 2017 $0.99
May 19, 2017 $0.99 May 21, 2017 $0.99
May 26, 2017 $0.99 May 21, 2017 $0.99
Jun 2, 2017 $0.99 May 31, 2017 $0.99
Jun 9, 2017 $0.63 May 31, 2017 $0.63

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