Entrepreneur
Name
Edward
Member since
January 2014
On-time repayments
125 installments • 6%
About Me
My name is Edward Maloba, living and working in Nairobi as a Graphic Designer/ Desktop Publisher and i also double up as a computer technician, I hold a diploma in Information Technology. On the side i just started an aquarium and wall arts business as a hobby and a way to double up my income to enable me pursue education and also support my siblings.
My Business
my business involves aquarium and wall arts. i mainly support this business from the income i make from other small ventures but recently more and more customers are showing interest in my crafts and this has led me to seek funding in order to be able to buy materials. This business is profitable since alot of urban people are developing a liking to hand made, local house decorations. my biggest limitation is capital to enable me make more crafts. i have just started this business and the prospects are good since in a week i am able to clear a project mostly wall arts and make a sale and it also takes a shorter time to finish a project and put it on sale. since every form of art is unique in its own way i have so far not faced any serious competition but on the contrary i am getting more customers. i plan to pay back my loan from the profits i shall make from the sales and also other sources of my income e.g graphic design and my day time job.
Loan Proposal
materials for my aquarium and wall arts include wood, glass, fish, gravel, pebbles, corals, cloth and paper. it costs between 3000 and 10000 shillings to create a wall art or aquarium from scratch but the profit almost always doubles the capital invested if i make a good sale. with this money i intend to buy more materials in order to meet the demands of customers and also make good profits so that i can comfortably repay back the loan and hopefully apply for more.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 10, 2014
Repayment status
Late
Projected term
30 months
Lenders
Republic of Korea
Summary
Amount repaid
$40.59
Amount remaining
$206.27
Expected completion
Aug 4, 2016
Status
Repaying late
Installment amount
$2.35
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 20, 2014 | $0.00 | ||
| Feb 27, 2014 | $2.94 | Feb 27, 2014 | $2.94 |
| Mar 6, 2014 | $2.94 | Mar 10, 2014 | $2.94 |
| Mar 14, 2014 | $0.00 | ||
| Mar 21, 2014 | $0.00 | ||
| Mar 28, 2014 | $0.00 | ||
| Apr 4, 2014 | $2.35 | Apr 7, 2014 | $2.35 |
| Apr 11, 2014 | $0.00 | ||
| Apr 18, 2014 | $0.00 | ||
| Apr 25, 2014 | $2.94 | May 9, 2014 | $2.94 |
| May 2, 2014 | $0.00 | ||
| May 9, 2014 | $0.00 | ||
| May 16, 2014 | $2.35 | Jun 16, 2014 | $2.35 |
| May 23, 2014 | $2.35 | Jun 16, 2014 | $2.35 |
| May 30, 2014 | $2.35 | Jun 16, 2014 | $2.35 |
| Jun 6, 2014 | $2.35 | Jun 16, 2014 | $2.35 |
| Jun 13, 2014 | $2.35 | Jun 16, 2014 | $2.35 |
| Jun 20, 2014 | $2.35 | Jul 10, 2014 | $2.35 |
| Jun 27, 2014 | $2.35 | Jul 10, 2014 | $2.35 |
| Jul 4, 2014 | $2.35 | Jul 10, 2014 | $2.35 |
| Jul 11, 2014 | $0.00 | ||
| Jul 18, 2014 | $0.00 | ||
| Jul 25, 2014 | $0.00 | ||
| Aug 1, 2014 | $0.00 | ||
| Aug 8, 2014 | $2.94 | Aug 3, 2014 | $2.94 |
| Aug 15, 2014 | $2.94 | Aug 3, 2014 | $1.76 |
| Dec 2, 2014 | $1.18 | ||
| Aug 22, 2014 | $2.94 | Dec 2, 2014 | $1.76 |
| Dec 6, 2014 | $1.18 | ||
| Aug 29, 2014 | $1.76 | Dec 6, 2014 | $1.76 |
| Sep 5, 2014 | $0.00 | ||
| Sep 12, 2014 | $0.00 | ||
| Sep 19, 2014 | $0.00 | ||
| Sep 26, 2014 | $0.00 | ||
| Oct 3, 2014 | $0.00 | ||
| Oct 10, 2014 | $0.00 | ||
| Oct 17, 2014 | $0.00 | ||
| Oct 24, 2014 | $0.00 | ||
| Oct 31, 2014 | $0.00 | ||
| Nov 6, 2014 | $0.00 | ||
| Nov 13, 2014 | $0.00 | ||
| Nov 20, 2014 | $0.00 | ||
| Nov 27, 2014 | $0.00 | ||
| Dec 4, 2014 | $0.00 | ||
| Dec 11, 2014 | $2.35 | ||
| Dec 18, 2014 | $2.35 | ||
| Dec 25, 2014 | $2.35 | ||
| Jan 1, 2015 | $2.35 | ||
| Jan 8, 2015 | $2.35 | ||
| Jan 15, 2015 | $2.35 | ||
| Jan 22, 2015 | $2.35 | ||
| Jan 29, 2015 | $2.35 | ||
| Feb 5, 2015 | $2.35 | ||
| Feb 12, 2015 | $2.35 | ||
| Feb 19, 2015 | $2.35 | ||
| Feb 26, 2015 | $2.35 | ||
| Mar 5, 2015 | $2.35 | ||
| Mar 12, 2015 | $2.35 | ||
| Mar 19, 2015 | $2.35 | ||
| Mar 26, 2015 | $2.35 | ||
| Apr 2, 2015 | $2.35 | ||
| Apr 9, 2015 | $2.35 | ||
| Apr 16, 2015 | $2.35 | ||
| Apr 23, 2015 | $2.35 | ||
| Apr 30, 2015 | $2.35 | ||
| May 7, 2015 | $2.35 | ||
| May 14, 2015 | $2.35 | ||
| May 21, 2015 | $2.35 | ||
| May 28, 2015 | $2.35 | ||
| Jun 4, 2015 | $2.35 | ||
| Jun 11, 2015 | $2.35 | ||
| Jun 18, 2015 | $2.35 | ||
| Jun 25, 2015 | $2.35 | ||
| Jul 2, 2015 | $2.35 | ||
| Jul 9, 2015 | $2.35 | ||
| Jul 16, 2015 | $2.35 | ||
| Jul 23, 2015 | $2.35 | ||
| Jul 30, 2015 | $2.35 | ||
| Aug 6, 2015 | $2.35 | ||
| Aug 13, 2015 | $2.35 | ||
| Aug 20, 2015 | $2.35 | ||
| Aug 27, 2015 | $2.35 | ||
| Sep 3, 2015 | $2.35 | ||
| Sep 10, 2015 | $2.35 | ||
| Sep 17, 2015 | $2.35 | ||
| Sep 24, 2015 | $2.35 | ||
| Oct 1, 2015 | $2.35 | ||
| Oct 8, 2015 | $2.35 | ||
| Oct 15, 2015 | $2.35 | ||
| Oct 22, 2015 | $2.35 | ||
| Oct 29, 2015 | $2.35 | ||
| Nov 5, 2015 | $2.35 | ||
| Nov 12, 2015 | $2.35 | ||
| Nov 19, 2015 | $2.35 | ||
| Nov 26, 2015 | $2.35 | ||
| Dec 3, 2015 | $2.35 | ||
| Dec 10, 2015 | $2.35 | ||
| Dec 17, 2015 | $2.35 | ||
| Dec 24, 2015 | $2.35 | ||
| Dec 31, 2015 | $2.35 | ||
| Jan 7, 2016 | $2.35 | ||
| Jan 14, 2016 | $2.35 | ||
| Jan 21, 2016 | $2.35 | ||
| Jan 28, 2016 | $2.35 | ||
| Feb 4, 2016 | $2.35 | ||
| Feb 11, 2016 | $2.35 | ||
| Feb 18, 2016 | $2.35 | ||
| Feb 25, 2016 | $2.35 | ||
| Mar 3, 2016 | $2.35 | ||
| Mar 10, 2016 | $2.35 | ||
| Mar 17, 2016 | $2.35 | ||
| Mar 24, 2016 | $2.35 | ||
| Mar 31, 2016 | $2.35 | ||
| Apr 7, 2016 | $2.35 | ||
| Apr 14, 2016 | $2.35 | ||
| Apr 21, 2016 | $2.35 | ||
| Apr 28, 2016 | $2.35 | ||
| May 5, 2016 | $2.35 | ||
| May 12, 2016 | $2.35 | ||
| May 19, 2016 | $2.35 | ||
| May 26, 2016 | $2.35 | ||
| Jun 2, 2016 | $2.35 | ||
| Jun 9, 2016 | $2.35 | ||
| Jun 16, 2016 | $2.35 | ||
| Jun 23, 2016 | $2.35 | ||
| Jun 30, 2016 | $2.35 | ||
| Jul 7, 2016 | $2.35 | ||
| Jul 14, 2016 | $2.35 | ||
| Jul 21, 2016 | $2.35 | ||
| Jul 28, 2016 | $2.35 | ||
| Aug 4, 2016 | $3.92 | ||
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