Name
Felix
Member since
January 2015
On-time repayments
65 installments • 37%
My name is Felix Makau and I was born in Machakos County on the Eastern side of Kenya. I was born in a rural area where the main occupation is subsistence farming. My parents like everybody else in the area were farmers as well as pastoralists.
I went to school for my primary and then secondary education. I later relocated to Mombasa to pursue a course in Electrical installation but I quit after a few months because my parents could not afford the college fee. With the little knowledge that I acquired in college, I was able to fix small electrical problems in people’s homes and in the process I would make some little money for my upkeep.
I later got a job at a small store for selling electrical items where I worked for two years. Using my savings I started my own store where I sell electrical accessories.
I am married with a two year old child.
I started this business four years ago. I normally sell common domestic electrical items such as wall sockets, ceiling fans, cables etc. I decided to venture into this area since it is my line of training and I also learned a lot from my previous employer.
I normally get my stock from suppliers and then retail them from my shop. I make a net profit of about $300 per month. My family relies entirely on this business for their sustenance. I am hoping to one day open a bigger store so that I can supply bigger clients.
With my second loan, I plan to buy a stock of assorted wiring cables at a cost of 100USD. This is advised by the high demand of these cables due to construction boom currently happening in our city of Mombasa.
I will use another 100 USD to buy a stock of energy saving bulbs and fluorescent bulbs which have proved to be fast moving as well. I will use the balance of about 50 USD for marketing to help me cope with stiff competition from other players.
I am optimistic that this will make a big difference in my profitability and I am hoping to see an increase of about 20% in sales volumes after the injection of this cash into my business.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$276.00
Date disbursed
May 7, 2015
Repayment status
Late
Projected term
12 months
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Amount repaid
$88.89
Amount remaining
$201.28
Expected completion
May 15, 2016
Status
Repaying late
Installment amount
$5.47
Expected Payments | Actual Payments | ||
---|---|---|---|
May 17, 2015 | $5.47 | May 19, 2015 | $5.47 |
May 24, 2015 | $5.47 | May 19, 2015 | $0.09 |
May 25, 2015 | $5.38 | ||
May 31, 2015 | $5.47 | May 25, 2015 | $0.18 |
May 31, 2015 | $5.29 | ||
Jun 7, 2015 | $5.47 | May 31, 2015 | $0.27 |
Jun 7, 2015 | $5.20 | ||
Jun 14, 2015 | $5.47 | Jun 7, 2015 | $0.36 |
Jun 14, 2015 | $5.11 | ||
Jun 21, 2015 | $5.47 | Jun 14, 2015 | $0.44 |
Jun 21, 2015 | $5.02 | ||
Jun 28, 2015 | $5.47 | Jun 21, 2015 | $0.53 |
Jun 29, 2015 | $4.93 | ||
Jul 5, 2015 | $5.47 | Jun 29, 2015 | $0.62 |
Jul 5, 2015 | $4.84 | ||
Jul 12, 2015 | $5.47 | Jul 5, 2015 | $0.71 |
Jul 13, 2015 | $4.76 | ||
Jul 19, 2015 | $5.47 | Jul 13, 2015 | $0.80 |
Jul 19, 2015 | $4.67 | ||
Jul 26, 2015 | $5.47 | Jul 19, 2015 | $0.89 |
Jul 28, 2015 | $4.58 | ||
Aug 2, 2015 | $5.47 | Jul 28, 2015 | $0.98 |
Aug 2, 2015 | $4.49 | ||
Aug 9, 2015 | $5.47 | Aug 2, 2015 | $1.07 |
Aug 30, 2015 | $4.40 | ||
Aug 16, 2015 | $5.47 | Aug 30, 2015 | $1.16 |
Sep 14, 2015 | $4.31 | ||
Aug 23, 2015 | $5.47 | Sep 14, 2015 | $1.24 |
Sep 27, 2015 | $4.22 | ||
Aug 30, 2015 | $5.47 | Sep 27, 2015 | $1.33 |
Oct 25, 2015 | $4.13 | ||
Sep 6, 2015 | $5.47 | Oct 25, 2015 | $1.42 |
Sep 13, 2015 | $5.47 | ||
Sep 20, 2015 | $5.47 | ||
Sep 27, 2015 | $5.47 | ||
Oct 4, 2015 | $5.47 | ||
Oct 11, 2015 | $5.47 | ||
Oct 18, 2015 | $5.47 | ||
Oct 25, 2015 | $5.47 | ||
Nov 1, 2015 | $5.47 | ||
Nov 8, 2015 | $5.47 | ||
Nov 15, 2015 | $5.47 | ||
Nov 22, 2015 | $5.47 | ||
Nov 29, 2015 | $5.47 | ||
Dec 6, 2015 | $5.47 | ||
Dec 13, 2015 | $5.47 | ||
Dec 20, 2015 | $5.47 | ||
Dec 27, 2015 | $5.47 | ||
Jan 3, 2016 | $5.47 | ||
Jan 10, 2016 | $5.47 | ||
Jan 17, 2016 | $5.47 | ||
Jan 24, 2016 | $5.47 | ||
Jan 31, 2016 | $5.47 | ||
Feb 7, 2016 | $5.47 | ||
Feb 14, 2016 | $5.47 | ||
Feb 21, 2016 | $5.47 | ||
Feb 28, 2016 | $5.47 | ||
Mar 6, 2016 | $5.47 | ||
Mar 13, 2016 | $5.47 | ||
Mar 20, 2016 | $5.47 | ||
Mar 27, 2016 | $5.47 | ||
Apr 3, 2016 | $5.47 | ||
Apr 10, 2016 | $5.47 | ||
Apr 17, 2016 | $5.47 | ||
Apr 24, 2016 | $5.47 | ||
May 1, 2016 | $5.47 | ||
May 8, 2016 | $5.47 | ||
May 15, 2016 | $5.90 |
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