Name
Richard
Member since
November 2016
On-time repayments
30 installments • 77%
i was born in machakos county kangundo district
I went to kangundo primary school and later proceeded to kangundo high school
i was raised by poor parents and was difficult for me to continue to my school which led me to drop out of school and work at nearby hotel .
since i had experience in catering services i started my own hotel and i had passion in catering industry
the uniqueness of our place is that it has more customers and willing clients
my children want to be bu8siness people and a teacher
i like adventuring and traveling as well and reading
i provide catering services
the services are high in demand since i have potential customers
i choose this kind of business because i have passion in catering
my cost are those of buying raw materials and more tables and chairs
ill use my profits topay for school fees and re invest the remaining in my business
Ill buy more tables worth 15 dollars
Ill buy chairs worth 10 dollars
ill pay my workers worth 5 dollars
Ill pay rent worth 10 dollars
Ill buy more spices worth 8 dollars
This business will help me increase my sales turnover thus increasing my profit margin and then create employment to others
I expect my profit to increase by seventy percent
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Feb 17, 2017
Repayment status
Late
Projected term
4 months
Other loans
Amount repaid
$10.82
Amount remaining
$6.77
Expected completion
Jun 25, 2017
Status
Repaying late
Installment amount
$0.98
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 26, 2017 | $0.98 | Mar 3, 2017 | $0.98 |
Mar 5, 2017 | $0.98 | Mar 5, 2017 | $0.98 |
Mar 12, 2017 | $0.98 | Mar 12, 2017 | $0.98 |
Mar 19, 2017 | $0.98 | Mar 19, 2017 | $0.98 |
Mar 26, 2017 | $0.98 | Mar 27, 2017 | $0.98 |
Apr 2, 2017 | $0.98 | Apr 9, 2017 | $0.98 |
Apr 9, 2017 | $0.98 | Apr 9, 2017 | $0.98 |
Apr 16, 2017 | $0.98 | Apr 20, 2017 | $0.98 |
Apr 23, 2017 | $0.98 | Apr 29, 2017 | $0.98 |
Apr 30, 2017 | $0.98 | Apr 29, 2017 | $0.98 |
May 7, 2017 | $0.98 | May 7, 2017 | $0.98 |
May 14, 2017 | $0.98 | ||
May 21, 2017 | $0.98 | ||
May 28, 2017 | $0.98 | ||
Jun 4, 2017 | $0.98 | ||
Jun 11, 2017 | $0.98 | ||
Jun 18, 2017 | $0.98 | ||
Jun 25, 2017 | $0.87 |
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