Inventory of fast moving goods for retail shop
Benard
Kericho, Kenya
12% repaid
Entrepreneur
Name
Benard
Member since
December 2014
On-time repayments
122 installments • 7%
About Me
My name is Benard Langat, now 31 years old and living with my family in Kapsoit village. I am married with two sons. I grew up in Kericho county where I attended both primary and secondary schools. I later went to Kabete Technical Institute to pursue a diploma course in animal health.
Since I graduated last year, I have been offering contracted services on animal health locally.
As a junior in the profession, It has been a challenge since my client base is still low. To supplement my income, I recently opened a retail shop at Kaspoit shopping centre and is currently managed by my wife.
My Business
I opened a retail shop in April this year in order to supplement my low income and has been a success so far. We mainly sell fast moving domestic goods such as maize flour, sugar, rice, cooking oil, baking flour and detergents.
The shop is currently managed by my wife and has assisted in sustaining us.
I currently plan to improve stock especially on products targeted on the upcoming festivities in our area such as baking flour and rice
Loan Proposal
During this festive period the demand for products such as rice and baking flour is high in Kenya and especially in our rural home. To counter this demand I would like to restock my shop emphasizing on these goods and other fast moving goods.
I therefore plan to use the $100 in buying new products in bulk quantities to reduce costs and improve profits.
I will in turn save the extra profits together with my earnings from job as I plan to send my wife back to school as from mid next year.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 28, 2014
Repayment status
Late
Projected term
28 months
Lenders
Republic of Korea
Duisburg, Germany
Summary
Amount repaid
$15.73
Amount remaining
$118.53
Expected completion
May 7, 2017
Status
Repaying late
Installment amount
$1.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 4, 2015 | $2.25 | Jan 5, 2015 | $1.12 |
| Jan 11, 2015 | $1.12 | ||
| Jan 11, 2015 | $0.00 | ||
| Jan 18, 2015 | $1.12 | Jan 19, 2015 | $1.12 |
| Jan 25, 2015 | $1.12 | Jan 25, 2015 | $1.12 |
| Feb 1, 2015 | $1.12 | Feb 1, 2015 | $1.12 |
| Feb 8, 2015 | $1.12 | Feb 9, 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 15, 2015 | $1.12 |
| Mar 8, 2015 | $1.12 | Mar 15, 2015 | $1.12 |
| Mar 15, 2015 | $1.12 | Apr 11, 2015 | $1.12 |
| Mar 22, 2015 | $1.12 | Apr 20, 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 | May 1, 2015 | $1.12 |
| May 3, 2015 | $1.12 | May 16, 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 | $1.12 | ||
| Mar 19, 2017 | $1.12 | ||
| Mar 26, 2017 | $1.12 | ||
| Apr 2, 2017 | $1.12 | ||
| Apr 9, 2017 | $1.12 | ||
| Apr 16, 2017 | $1.12 | ||
| Apr 23, 2017 | $1.12 | ||
| Apr 30, 2017 | $1.12 | ||
| May 7, 2017 | $1.67 | ||
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