Entrepreneur
Name
Belinda
Member since
August 2016
On-time repayments
214 installments • 95%
About Me
I am the fifth child in a family size of six. My father farms. My mother is also a trader. With the aim of becoming a teacher, I started at an early stage helping my mother in selling in order to raise money to help in financing my education by hawking. After my secondary education, I partly took over my mother's small business. l have established a business with the small money I saved while I was working with my mother. In my society we work to support young people who are willing to work and come up with something meaningful in life. I want my family to be happy in life and does not suffer the way I went through to get to this stage I have attained in life and so am paving a way for my family and want my kids to enjoy a better life than I have had. After all, there is no better satisfaction than to see people become happy, because of your actions.
My Business
I sell food ingredients and other general products. Is demanding, because people need them in preparing their foods. The business is strategically located to help people in getting what they need in the shortest possible time. I picked this business, because it will shorten the time and cost people waste in buying their various food ingredients before they can prepare their foods. I will use the proceeds to cater for my families, parents and needy one's in my area who are in need.
Loan Proposal
I will use the loan to buy various food ingredients such as cooking oil, rice, tomato sauce and many others. And all these items will cost me around $200.The loan will help me to provide good and reliable service to my customers and also it will help me to get more profit. I hope to get about 10% increase in my profit.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$162.00
Date disbursed
Sep 12, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
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Summary
Amount repaid
$162.13
Amount remaining
$0.00
Date repaid
Mar 10, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 23, 2016 | $10.29 | Sep 24, 2016 | $10.29 |
| Sep 30, 2016 | $2.57 | Oct 1, 2016 | $2.57 |
| Oct 7, 2016 | $2.57 | Oct 7, 2016 | $2.57 |
| Oct 14, 2016 | $2.57 | Oct 13, 2016 | $2.57 |
| Oct 21, 2016 | $2.57 | Oct 23, 2016 | $2.57 |
| Oct 28, 2016 | $2.57 | Oct 30, 2016 | $2.57 |
| Nov 4, 2016 | $2.57 | Nov 5, 2016 | $2.57 |
| Nov 11, 2016 | $2.57 | Nov 14, 2016 | $2.57 |
| Nov 18, 2016 | $5.15 | Nov 19, 2016 | $5.15 |
| Nov 25, 2016 | $5.15 | Nov 26, 2016 | $5.15 |
| Dec 2, 2016 | $5.15 | Dec 3, 2016 | $5.15 |
| Dec 9, 2016 | $5.15 | Dec 10, 2016 | $5.15 |
| Dec 16, 2016 | $5.15 | Dec 17, 2016 | $5.15 |
| Dec 23, 2016 | $5.15 | Dec 23, 2016 | $5.15 |
| Dec 30, 2016 | $5.15 | Jan 1, 2017 | $5.15 |
| Jan 6, 2017 | $5.15 | Jan 8, 2017 | $5.15 |
| Jan 13, 2017 | $5.15 | Jan 14, 2017 | $5.15 |
| Jan 20, 2017 | $5.15 | Jan 22, 2017 | $5.15 |
| Jan 27, 2017 | $5.15 | Jan 28, 2017 | $5.15 |
| Feb 3, 2017 | $5.15 | Feb 4, 2017 | $5.15 |
| Feb 10, 2017 | $5.15 | Feb 12, 2017 | $5.15 |
| Feb 17, 2017 | $5.15 | Feb 18, 2017 | $5.15 |
| Feb 24, 2017 | $5.15 | Feb 24, 2017 | $5.15 |
| Mar 3, 2017 | $18.01 | Mar 3, 2017 | $18.01 |
| Mar 10, 2017 | $38.60 | Mar 10, 2017 | $38.60 |
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