Name
Geoffrey
Member since
January 2016
On-time repayments
119 installments • 47%
My childhood was good thou hard as it was a middle class family, i overcame the hardships by doing brokerage jobs in transportation industry thus making me have ideas about transport industry. Our culture is diverse because we have 42 tribes and my children would like to be automobile engineers and my hobby is mountaineering as i like to strech to my limit.
My business income is from motorcycle which offers transportation services, the services are useful and have high demand as motorcycles are cheap and convinient mode of transportation. I choose this kind of business as it is easy to manage and revenue is received on a daily basis with typical costs as fuel, licance, insurance and the general service. The profits are majorly used for reinvestment as my vision is to have a leading car hire services. The business has been good and it needs tracking system for efficient management of the fleet. The cost of the tracking devices will be 240 dollars with installation cost of 40 dollars
I will use the loan as additional capital to purchase a new motorcycle after trading in the old one as a new asset will incur less repair and maintenance costs which will enhance an increase in revenue as the motorcycle will be used for taxi business
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Nov 13, 2016
Repayment status
On Time
Projected term
9 months
Other loans
Amount repaid
$201.98
Amount remaining
$0.00
Date repaid
Aug 9, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 23, 2016 | $5.04 | Nov 22, 2016 | $5.04 |
Nov 30, 2016 | $5.04 | Nov 30, 2016 | $5.04 |
Dec 7, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Dec 14, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Dec 21, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Dec 28, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Jan 4, 2017 | $5.04 | Jan 4, 2017 | $5.04 |
Jan 11, 2017 | $5.04 | Jan 4, 2017 | $5.04 |
Jan 18, 2017 | $5.04 | Jan 29, 2017 | $5.04 |
Jan 25, 2017 | $5.04 | Jan 31, 2017 | $5.04 |
Feb 1, 2017 | $5.04 | Jan 31, 2017 | $5.04 |
Feb 8, 2017 | $5.04 | Feb 9, 2017 | $5.04 |
Feb 15, 2017 | $5.04 | Feb 9, 2017 | $5.04 |
Feb 22, 2017 | $5.04 | Feb 9, 2017 | $2.01 |
Mar 17, 2017 | $3.02 | ||
Mar 1, 2017 | $5.04 | Mar 17, 2017 | $5.04 |
Mar 8, 2017 | $5.04 | Mar 17, 2017 | $5.04 |
Mar 15, 2017 | $5.04 | Mar 17, 2017 | $1.01 |
Apr 3, 2017 | $4.03 | ||
Mar 22, 2017 | $5.04 | Apr 7, 2017 | $5.04 |
Mar 29, 2017 | $5.04 | Apr 7, 2017 | $5.04 |
Apr 5, 2017 | $5.04 | Apr 7, 2017 | $5.04 |
Apr 12, 2017 | $5.04 | May 3, 2017 | $5.04 |
Apr 19, 2017 | $5.04 | May 17, 2017 | $5.04 |
Apr 26, 2017 | $5.04 | Jun 4, 2017 | $5.04 |
May 3, 2017 | $5.04 | Jun 4, 2017 | $5.04 |
May 10, 2017 | $5.04 | Jun 22, 2017 | $5.04 |
May 17, 2017 | $5.04 | Jun 22, 2017 | $5.04 |
May 24, 2017 | $5.04 | Jul 4, 2017 | $5.04 |
May 31, 2017 | $5.04 | Jul 4, 2017 | $5.04 |
Jun 7, 2017 | $5.04 | Jul 4, 2017 | $5.04 |
Jun 14, 2017 | $5.04 | Jul 4, 2017 | $5.04 |
Jun 21, 2017 | $5.04 | Aug 3, 2017 | $5.04 |
Jun 28, 2017 | $5.04 | Aug 3, 2017 | $5.04 |
Jul 5, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Jul 12, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Jul 19, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Jul 26, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Aug 2, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Aug 9, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Aug 16, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Aug 23, 2017 | $5.04 | Aug 9, 2017 | $5.04 |
Aug 30, 2017 | $0.51 | Aug 9, 2017 | $0.51 |
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