Inventory of goods for retail shop

Edwin

Kericho, Kenya

12% repaid

Entrepreneur

Name

Edwin

Member since

December 2014

On-time repayments

111 installments  •  9%

About Me

My name is Edwin Bett. I am 26 years old married and expecting my first born soon. I live with my family in our rural home Nyagacho village- a few Kilometres from Kericho town where I grew up. I am a first born in a family of six. I am an electrician by profession and posses a diploma in electric engineering from Eldoret polytechnic.
Jobs have been hard to come by and I am currently assisting the locals with electric installations.
I am born from a humble background and therefore to support my parents and siblings, I have to work extra hard. I recently established a retail shop at Nyagacho shopping centre- currently ran by by wife.
I love God and spend my free time on church chores where I am the youth leader at A.I.C church- Kapsoit.

My Business

I have a retail shop at Nyagacho shopping centre - on your way to Kapsoit centre. We sell mostly domestic goods such as food stuffs, detergents and other fast moving goods whose local demand is high.
The shop has been growing and has been my main source of income ever since.
To improve profits and customer base, I would like to add my stock and introducing new products

Loan Proposal

With my plans to reach more customers and improve profits, I would like to add stock to my retail shop. I would also like to improve the size of the inventory to reduce costs.
Therefore I plan to use the $100 loan on new inventory especially on fast moving goods such as food stuff and detergents.
This will increase profits from about $7 to $11 a day which will go to saving, repaying the loan and sustaining my family.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 23, 2014

Repayment status

Late

Projected term

25 months

Lenders

HE

help each other

Glasgow, United Kingdom

dmirpuri

Bangkok, Thailand

A

Akowal

United States

J

jayne62

Australia

P

Prometheus

Duisburg, Germany

KM

Kirsty M

United Kingdom

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Summary

Amount repaid

$14.61

Amount remaining

$107.60

Expected completion

Feb 12, 2017

Status

Repaying late

Installment amount

$1.12

Repayment History

Expected Payments Actual Payments
Jan 4, 2015 $1.12 Jan 5, 2015 $1.12
Jan 11, 2015 $1.12 Jan 15, 2015 $1.12
Jan 18, 2015 $1.12 Jan 19, 2015 $1.12
Jan 25, 2015 $1.12 Feb 1, 2015 $1.12
Feb 1, 2015 $1.12 Feb 6, 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 $1.12 Apr 19, 2015 $1.12
Apr 5, 2015 $0.00
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 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 $1.98

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