Inventory of additional goods for retail shop

Kipkoech

Nakuru, Kenya

10% repaid

Entrepreneur

Name

Kipkoech

Member since

December 2014

On-time repayments

111 installments  •  8%

About Me

I am Denis Kipkoech, a twenty four year old Kenyan citizen residing in Baruti Village of Nakuru county- outskirts of Nakuru town. I am a third born in a family of six
I am currently in second year studying a Diploma in Entrepreneurship at African Institute of Professional studies (part-time).
I have a tuck-shop in the busy Kaptembwo estate and this is where I spend most of the time during the day while I go to class in the evenings. My cousin assist me in running the shop when I am engaged.
I am passionate with investments and would like to further my skills through education and grow into it.

My Business

My business is retail/tuck-shop in Kaptembwo estate of Nakuru Town, Nakuru County,Kenya.I buy and sell fast moving goods especially domestic consumables. I have been doing this for two years now and the customer base is growing. I use the proceeds to pay my bills, school fees as well as support my siblings. The surplus goes to savings- targeting other projects . The business requires a small capital to get started and also it is highly profitable. The demand for the products is good and the estate has a good population.

Loan Proposal

December has always been a peak period for business. I would therefore like to expand my stock to match the high demand for products during this season.
I will use all the funds ($100) to source more fast moving products such as baking flour and beverages that will be common during this festive season in Kenya.
This will improve my profits, enable me pay back the loan with ease and still save for future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 2, 2015

Repayment status

Late

Projected term

26 months

Lenders

S

sirius

Lauterach, Austria

W

White_Lando

Canberra, Australia

J.Schindler

Heber, United States

C

ComPASSIONateRafiki

Ft. Myers, United States

Sheena47

Ottawa, Canada

Thilo

Germany

H

hokyplyr

Lincoln, United States

D

DavidJSmu

North Attleboro, MA, United States

dmirpuri

Bangkok, Thailand

somuchjackson

Boston, United States

ThomasJosef

Berlin, Germany

pixelsebi

Berlin, Germany

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Summary

Amount repaid

$12.36

Amount remaining

$110.82

Expected completion

Mar 12, 2017

Status

Repaying late

Installment amount

$1.12

Repayment History

Expected Payments Actual Payments
Jan 11, 2015 $1.12 Jan 11, 2015 $1.12
Jan 18, 2015 $0.00
Jan 25, 2015 $1.12 Jan 19, 2015 $1.12
Feb 1, 2015 $1.12 Feb 1, 2015 $1.12
Feb 8, 2015 $1.12 Feb 15, 2015 $1.12
Feb 15, 2015 $1.12 Feb 15, 2015 $1.12
Feb 22, 2015 $1.12 Feb 22, 2015 $1.12
Mar 1, 2015 $1.12 Mar 1, 2015 $1.12
Mar 8, 2015 $1.12 Mar 8, 2015 $1.12
Mar 15, 2015 $1.12 Mar 27, 2015 $1.12
Mar 22, 2015 $1.12 Apr 10, 2015 $1.12
Mar 29, 2015 $0.00
Apr 5, 2015 $0.00
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $1.12 Apr 19, 2015 $1.12
May 3, 2015 $1.12
May 10, 2015 $1.12
May 17, 2015 $1.12
May 24, 2015 $1.12
May 31, 2015 $1.12
Jun 7, 2015 $1.12
Jun 14, 2015 $1.12
Jun 21, 2015 $1.12
Jun 28, 2015 $1.12
Jul 5, 2015 $1.12
Jul 12, 2015 $1.12
Jul 19, 2015 $1.12
Jul 26, 2015 $1.12
Aug 2, 2015 $1.12
Aug 9, 2015 $1.12
Aug 16, 2015 $1.12
Aug 23, 2015 $1.12
Aug 30, 2015 $1.12
Sep 6, 2015 $1.12
Sep 13, 2015 $1.12
Sep 20, 2015 $1.12
Sep 27, 2015 $1.12
Oct 4, 2015 $1.12
Oct 11, 2015 $1.12
Oct 18, 2015 $1.12
Oct 25, 2015 $1.12
Nov 1, 2015 $1.12
Nov 8, 2015 $1.12
Nov 15, 2015 $1.12
Nov 22, 2015 $1.12
Nov 29, 2015 $1.12
Dec 6, 2015 $1.12
Dec 13, 2015 $1.12
Dec 20, 2015 $1.12
Dec 27, 2015 $1.12
Jan 3, 2016 $1.12
Jan 10, 2016 $1.12
Jan 17, 2016 $1.12
Jan 24, 2016 $1.12
Jan 31, 2016 $1.12
Feb 7, 2016 $1.12
Feb 14, 2016 $1.12
Feb 21, 2016 $1.12
Feb 28, 2016 $1.12
Mar 6, 2016 $1.12
Mar 13, 2016 $1.12
Mar 20, 2016 $1.12
Mar 27, 2016 $1.12
Apr 3, 2016 $1.12
Apr 10, 2016 $1.12
Apr 17, 2016 $1.12
Apr 24, 2016 $1.12
May 1, 2016 $1.12
May 8, 2016 $1.12
May 15, 2016 $1.12
May 22, 2016 $1.12
May 29, 2016 $1.12
Jun 5, 2016 $1.12
Jun 12, 2016 $1.12
Jun 19, 2016 $1.12
Jun 26, 2016 $1.12
Jul 3, 2016 $1.12
Jul 10, 2016 $1.12
Jul 17, 2016 $1.12
Jul 24, 2016 $1.12
Jul 31, 2016 $1.12
Aug 7, 2016 $1.12
Aug 14, 2016 $1.12
Aug 21, 2016 $1.12
Aug 28, 2016 $1.12
Sep 4, 2016 $1.12
Sep 11, 2016 $1.12
Sep 18, 2016 $1.12
Sep 25, 2016 $1.12
Oct 2, 2016 $1.12
Oct 9, 2016 $1.12
Oct 16, 2016 $1.12
Oct 23, 2016 $1.12
Oct 30, 2016 $1.12
Nov 6, 2016 $1.12
Nov 13, 2016 $1.12
Nov 20, 2016 $1.12
Nov 27, 2016 $1.12
Dec 4, 2016 $1.12
Dec 11, 2016 $1.12
Dec 18, 2016 $1.12
Dec 25, 2016 $1.12
Jan 1, 2017 $1.12
Jan 8, 2017 $1.12
Jan 15, 2017 $1.12
Jan 22, 2017 $1.12
Jan 29, 2017 $1.12
Feb 5, 2017 $1.12
Feb 12, 2017 $1.12
Feb 19, 2017 $1.12
Feb 26, 2017 $1.12
Mar 5, 2017 $1.12
Mar 12, 2017 $1.83

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