Name
Thomas
Member since
December 2014
On-time repayments
278 installments • 65%
My name is Thomas Mwanza and I have a passion for making a difference in my local urban community. I believe that if every person contributes positively to the society, our world will be greatly improved in no time. In addition, I know that sacrifice is the reason for a better tomorrow. I was raised and educated up to college level in the rural areas of Eastern Kenya before relocating to the city in search of work. Since I could not secure a formal job, I opted to work in a barbershop as an assistant and saved some money with which I began my own business. Beginning the business was not easy since I had to skip meals to save some money . In the end, I was able to accumulate enough money because I was patient. In my culture there is a wise saying that: little by little fills the drum, and I completely agree with it.
My business is a barbershop where I offer the service of shaving people according to their desired styles. The reason for getting in to this business is because it was my hobby since childhood. Demand for barber services is constant and I always have customers. I am particularly good in relating with customers in addition to shaving them excellently so I have many new and return customers. The typical costs I incur in this business are related to buying shampoos, rent, electricity bill, and salary for one assistant. These costs are usually lesser than the income I get. Therefore, I will get money to repay the loan in timely manner.
I must start by saying thank you to my lenders. I will use this loan to buy more stock in my business at the approximate cost of 150 dollars. This move will increase my income while also bringing variety of shaving products to clients. I expect about 30 percent increase in profit. Thank you for this opportunity
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$177.00
Date disbursed
Oct 20, 2017
Repayment status
On Time
Projected term
14 months
Other loans
Amount repaid
$176.87
Amount remaining
$0.00
Date repaid
Jul 5, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 30, 2017 | $9.90 | Oct 28, 2017 | $9.90 |
Nov 6, 2017 | $0.99 | Nov 6, 2017 | $0.99 |
Nov 13, 2017 | $0.99 | Nov 6, 2017 | $0.99 |
Nov 20, 2017 | $0.99 | Nov 16, 2017 | $0.99 |
Nov 27, 2017 | $0.99 | Nov 16, 2017 | $0.99 |
Dec 4, 2017 | $0.99 | Dec 8, 2017 | $0.99 |
Dec 11, 2017 | $0.99 | Dec 8, 2017 | $0.99 |
Dec 18, 2017 | $0.99 | Dec 25, 2017 | $0.99 |
Dec 25, 2017 | $0.99 | Dec 25, 2017 | $0.99 |
Jan 1, 2018 | $0.99 | Jan 6, 2018 | $0.99 |
Jan 8, 2018 | $0.99 | Jan 6, 2018 | $0.99 |
Jan 15, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Jan 22, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Jan 29, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Feb 5, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Feb 12, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Feb 19, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Feb 26, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Mar 5, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Mar 12, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Mar 19, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Mar 26, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Apr 2, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Apr 9, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Apr 16, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Apr 23, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Apr 30, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
May 7, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
May 14, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
May 21, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
May 28, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jun 4, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jun 11, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jun 18, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jun 25, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jul 2, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jul 9, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Jul 16, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Jul 23, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Jul 30, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Aug 6, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Aug 13, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Aug 20, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Aug 27, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Sep 3, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Sep 10, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Sep 17, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Sep 24, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Oct 1, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Oct 8, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Oct 15, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Oct 22, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Oct 29, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Nov 5, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Nov 12, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Nov 19, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Nov 26, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Dec 3, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Dec 10, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Dec 17, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Dec 24, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Dec 31, 2018 | $4.95 | Jul 5, 2018 | $4.95 |
Jan 7, 2019 | $3.67 | Jul 5, 2018 | $3.67 |
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