Name
Evans
Member since
June 2015
On-time repayments
68 installments • 16%
My name is Evans Muchere 22 years old from Malava town western Kenya. I am the first born in the family of six. I do construction and plumbing, but my main occupation is running the small shop in Eldoret where I currently reside.
I started the shop five years ago, that is 2009. Since then, the profits have increased gradually due to growth and expansion that I have been undertaking. The shop is strategically situated a long the rough off Uganda Road on the right from Eldoret town. In fact, most of my customers are Moi University West Campus students who use the road to and from classes.
I started the shop five years ago, that is 2009. Since then, the profits have increased gradually due to growth and expansion that I have been undertaking. The shop is strategically situated a long the rough off Uganda Road on the right from Eldoret town. Infarct, most of my customers are are Moi University West Campus students who use the road to and from classes.
Though, the shop is doing well, there are always challenges in every business and so is this one also. One of these challenges is finance for inventory. At the moment, I have a stock of equivalent to US$300 while the monthly gross income is about US$350
My shop stocks mainly food stuff thus things like maize flour, soft drinks and everything that one would need for daily kitchen use. If funded, I will be able to to increase my stock so that my customers would be able to buy from one place.
I am running a food retail shop in the estate where I live. If I get the loan I want to increase my stock with variety of food items.
This will not only increase my stock but enable my customers to access more goods from my shop. This will also make them not to walk from my shop to another looking for goods because I intend to make sure that I stock most of the goods that are in high demand in the area. The entire amount will be used to buy stock like wheat and maize flour, cooking fats that is to say the most basic once that my customers always need for day to day life.
If my loan is fully funded, I will use US$ 50 to stock wheat flour US$ 30 to stock maize flour while the remaining amount I use to stock cooking fat. I expect my interest to grow by US $50 per month.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Nov 17, 2015
Repayment status
Late
Projected term
13 months
Other loans
Amount repaid
$46.60
Amount remaining
$110.14
Expected completion
Jan 1, 2017
Status
Repaying late
Installment amount
$3.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 29, 2015 | $7.00 | Dec 2, 2015 | $7.00 |
Dec 6, 2015 | $7.00 | Dec 2, 2015 | $3.00 |
Dec 30, 2015 | $4.00 | ||
Dec 13, 2015 | $1.00 | Dec 30, 2015 | $1.00 |
Dec 20, 2015 | $0.00 | ||
Dec 27, 2015 | $0.00 | ||
Jan 3, 2016 | $0.00 | ||
Jan 10, 2016 | $0.00 | ||
Jan 17, 2016 | $0.00 | ||
Jan 24, 2016 | $0.00 | ||
Jan 31, 2016 | $0.00 | ||
Feb 7, 2016 | $3.00 | Apr 6, 2016 | $3.00 |
Feb 14, 2016 | $3.00 | Apr 6, 2016 | $3.00 |
Feb 21, 2016 | $3.00 | Apr 6, 2016 | $1.00 |
Apr 20, 2016 | $2.00 | ||
Feb 28, 2016 | $3.00 | Apr 20, 2016 | $3.00 |
Mar 6, 2016 | $3.00 | Apr 20, 2016 | $3.00 |
Mar 13, 2016 | $3.00 | Apr 20, 2016 | $2.00 |
Apr 22, 2016 | $1.00 | ||
Mar 20, 2016 | $3.00 | Apr 22, 2016 | $1.00 |
Apr 27, 2016 | $2.00 | ||
Mar 27, 2016 | $3.00 | Apr 27, 2016 | $3.00 |
Apr 3, 2016 | $3.00 | May 2, 2016 | $1.00 |
May 6, 2016 | $1.80 | ||
May 6, 2016 | $0.20 | ||
Apr 10, 2016 | $3.00 | May 6, 2016 | $0.60 |
Sep 10, 2016 | $2.00 | ||
Apr 14, 2017 | $0.40 | ||
Apr 17, 2016 | $3.00 | Apr 14, 2017 | $1.60 |
Apr 24, 2016 | $3.00 | ||
May 1, 2016 | $3.00 | ||
May 8, 2016 | $3.00 | ||
May 15, 2016 | $3.00 | ||
May 22, 2016 | $3.00 | ||
May 29, 2016 | $3.00 | ||
Jun 5, 2016 | $3.00 | ||
Jun 12, 2016 | $3.00 | ||
Jun 19, 2016 | $3.00 | ||
Jun 26, 2016 | $3.00 | ||
Jul 3, 2016 | $3.00 | ||
Jul 10, 2016 | $3.00 | ||
Jul 17, 2016 | $3.00 | ||
Jul 24, 2016 | $3.00 | ||
Jul 31, 2016 | $3.00 | ||
Aug 7, 2016 | $3.00 | ||
Aug 14, 2016 | $3.00 | ||
Aug 21, 2016 | $3.00 | ||
Aug 28, 2016 | $3.00 | ||
Sep 4, 2016 | $3.00 | ||
Sep 11, 2016 | $3.00 | ||
Sep 18, 2016 | $3.00 | ||
Sep 25, 2016 | $3.00 | ||
Oct 2, 2016 | $3.00 | ||
Oct 9, 2016 | $3.00 | ||
Oct 16, 2016 | $3.00 | ||
Oct 23, 2016 | $3.00 | ||
Oct 30, 2016 | $3.00 | ||
Nov 6, 2016 | $3.00 | ||
Nov 13, 2016 | $3.00 | ||
Nov 20, 2016 | $3.00 | ||
Nov 27, 2016 | $3.00 | ||
Dec 4, 2016 | $3.00 | ||
Dec 11, 2016 | $3.00 | ||
Dec 18, 2016 | $3.00 | ||
Dec 25, 2016 | $3.00 | ||
Jan 1, 2017 | $0.74 |
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