Inventory for increasing my stock

Godfrey

Kakamega Joyland, Kenya

100% repaid

Entrepreneur

Name

Godfrey

Member since

May 2014

On-time repayments

258 installments  •  90%

About Me

I am a young Kenyan Male residing in Kakamega Town. I am a graduate of Egerton and Jomo kenyatta University and have worked as a banker for the last 9 years with Barclays bank of Kenya and later Equity bank. I have passion for business and i do engage in supplies of general office equipment and commercial poultry farming. I do also engage in the sale of second hand clothes on a small scale. I have learned to get determined in whatever income generating activity that i engage in and hence this has made me succeed in most cases.

My Business

I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $960 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.

Loan Proposal

I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $600 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$410.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

Fred

Germany

PG

Paul Graham

United States

Diego

Monza, Italy

P

Peter

Bratislava, Slovakia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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Summary

Amount repaid

$409.95

Amount remaining

$0.00

Date repaid

Aug 21, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 30, 2017 $24.88 Apr 1, 2017 $24.88
Apr 6, 2017 $24.88 Apr 7, 2017 $24.88
Apr 13, 2017 $24.88 Apr 18, 2017 $24.88
Apr 20, 2017 $0.00
Apr 27, 2017 $1.99 Apr 27, 2017 $1.99
May 4, 2017 $1.99 Apr 27, 2017 $1.99
May 11, 2017 $1.99 Apr 27, 2017 $1.99
May 18, 2017 $29.85 May 7, 2017 $29.85
May 25, 2017 $1.99 May 24, 2017 $1.99
Jun 1, 2017 $14.93 May 30, 2017 $14.93
Jun 8, 2017 $14.93 Jun 8, 2017 $14.93
Jun 15, 2017 $29.85 Jun 16, 2017 $29.85
Jun 22, 2017 $29.85 Jun 22, 2017 $29.85
Jun 29, 2017 $29.85 Jun 30, 2017 $29.85
Jul 6, 2017 $29.85 Jul 11, 2017 $29.85
Jul 13, 2017 $29.85 Jul 11, 2017 $29.85
Jul 20, 2017 $29.85 Jul 19, 2017 $29.85
Jul 27, 2017 $1.99 Jul 27, 2017 $1.99
Aug 3, 2017 $1.99 Jul 27, 2017 $1.99
Aug 10, 2017 $84.58 Aug 21, 2017 $84.58

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