Loan to increase stock for my bookshop business

Benard

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Benard

Member since

August 2015

On-time repayments

263 installments  •  13%

About Me

am a firstborn in a wonderful family of three, a graduate of university of nairobi a cashier at uchumi supermarket and a stationery and green grocer owner.
starting business has always been a dream i wanted to achieve and with my personal savings, i was able to realise this dream.
In my country many people are now turning to entreprenuership being that jobs are few.
My hobbies include reading novels, watching movies and documentaries.

My Business

My business involves sell of educational books, fictional works and other educational materials. It also offers photocopy, printing and binding services too.
I opted to venture into this business because matters concerning books has always been my passion.
My typical costs are:
employee's salary- $112
rent- $77
electricty bill- $22
While the revenue stands at $335.
Most of the net profits are usually re invested into the business.

Loan Proposal

With this loan i will purchase:
Novels worth $33.
Non fictional books worth $30
This will increase the pool of books from which customers are able to choose from thus increasing profitability and satisfaction among customers.
This will boost the business' profit by atleast 5%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 16, 2015

Repayment status

On Time

Projected term

10 months

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Summary

Amount repaid

$104.50

Amount remaining

$0.00

Date repaid

Dec 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 23, 2015 $19.00 Aug 17, 2015 $5.80
Aug 25, 2015 $13.20
Aug 30, 2015 $0.00
Sep 6, 2015 $2.00 Aug 31, 2015 $2.00
Sep 13, 2015 $2.00 Aug 31, 2015 $0.85
Sep 7, 2015 $1.15
Sep 20, 2015 $2.00 Sep 7, 2015 $0.95
Sep 14, 2015 $1.05
Sep 27, 2015 $2.00 Sep 14, 2015 $1.02
Sep 21, 2015 $0.98
Oct 4, 2015 $2.00 Sep 21, 2015 $1.02
Sep 28, 2015 $0.98
Oct 11, 2015 $2.00 Sep 28, 2015 $1.02
Oct 5, 2015 $0.98
Oct 18, 2015 $2.00 Oct 5, 2015 $1.02
Oct 12, 2015 $0.98
Oct 25, 2015 $2.00 Oct 12, 2015 $1.02
Oct 19, 2015 $0.98
Nov 1, 2015 $2.00 Oct 19, 2015 $1.02
Oct 26, 2015 $0.98
Nov 8, 2015 $2.00 Oct 26, 2015 $1.02
Nov 2, 2015 $0.98
Nov 15, 2015 $2.00 Nov 2, 2015 $1.02
Nov 9, 2015 $0.98
Nov 22, 2015 $2.00 Nov 9, 2015 $1.02
Nov 12, 2015 $0.98
Nov 29, 2015 $2.00 Nov 12, 2015 $2.00
Dec 6, 2015 $2.00 Nov 12, 2015 $2.00
Dec 13, 2015 $2.00 Nov 12, 2015 $2.00
Dec 20, 2015 $2.00 Nov 12, 2015 $2.00
Dec 27, 2015 $2.00 Nov 12, 2015 $2.00
Jan 3, 2016 $2.00 Nov 12, 2015 $2.00
Jan 10, 2016 $2.00 Nov 12, 2015 $2.00
Jan 17, 2016 $2.00 Nov 12, 2015 $2.00
Jan 24, 2016 $2.00 Nov 12, 2015 $2.00
Jan 31, 2016 $2.00 Nov 12, 2015 $2.00
Feb 7, 2016 $2.00 Nov 12, 2015 $2.00
Feb 14, 2016 $2.00 Nov 12, 2015 $2.00
Feb 21, 2016 $2.00 Nov 12, 2015 $2.00
Feb 28, 2016 $2.00 Nov 12, 2015 $2.00
Mar 6, 2016 $2.00 Nov 12, 2015 $1.02
Nov 20, 2015 $0.98
Mar 13, 2016 $2.00 Nov 20, 2015 $2.00
Mar 20, 2016 $2.00 Nov 20, 2015 $2.00
Mar 27, 2016 $2.00 Nov 20, 2015 $2.00
Apr 3, 2016 $2.00 Nov 20, 2015 $2.00
Apr 10, 2016 $2.00 Nov 20, 2015 $2.00
Apr 17, 2016 $2.00 Nov 20, 2015 $2.00
Apr 24, 2016 $2.00 Nov 20, 2015 $2.00
May 1, 2016 $2.00 Nov 20, 2015 $2.00
May 8, 2016 $2.00 Nov 20, 2015 $2.00
May 15, 2016 $2.00 Nov 20, 2015 $2.00
May 22, 2016 $2.00 Nov 20, 2015 $2.00
May 29, 2016 $2.00 Nov 20, 2015 $2.00
Jun 5, 2016 $2.00 Nov 20, 2015 $2.00
Jun 12, 2016 $2.00 Nov 20, 2015 $2.00
Jun 19, 2016 $2.00 Nov 20, 2015 $1.02
Dec 23, 2015 $0.98
Jun 26, 2016 $1.50 Dec 23, 2015 $1.50

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