Entrepreneur
Name
Erick
Member since
April 2016
On-time repayments
235 installments • 8%
About Me
My name is Erick Ogaro i was born in a family of 6 and i am 4th born i went to school in Kabolet primary school and join a mixed secondary school called ST.AUGUSTINE secondary school in Munyaka.
I overcome hardship through working hard wen i was employed as a helper in 2 years and i gain experience .
after gaining experience with my little capital i open a small business which picked slowly.
Most of the people are God fearing and they worship every Sunday by going to church.
I would like my children to open and own business.
A part from watching football i also like making new friends.
My Business
my business is to make and sell furniture by distributing to my customers when they buy
In my business every day i get new customers and every end of the month i sell a lot of furniture
I choose this business because of high demand and less supply.
every month i spend SH.8000, and i get a profit of Sh3000 per month.
I use my profit by investing back in the business
Loan Proposal
I will use the loan to buy the following materials for my business:
1. Frames which costs $30
2.Pillows for sofa sets costs$40
3.Nails which costs $20
4. Velvets $20
5.Timbers for my furniture work costs $33.8
I would like my profit to increase up to 60% of my income.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 15, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Summary
Amount repaid
$157.50
Amount remaining
$0.00
Date repaid
Sep 1, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 24, 2016 | $15.11 | Apr 24, 2016 | $15.11 |
| May 1, 2016 | $15.11 | Apr 24, 2016 | $5.04 |
| May 1, 2016 | $10.07 | ||
| May 8, 2016 | $5.04 | May 1, 2016 | $5.04 |
| May 15, 2016 | $2.01 | May 7, 2016 | $2.01 |
| May 22, 2016 | $2.01 | May 7, 2016 | $2.01 |
| May 29, 2016 | $2.01 | May 7, 2016 | $1.01 |
| May 15, 2016 | $1.01 | ||
| Jun 5, 2016 | $2.01 | May 15, 2016 | $1.51 |
| May 20, 2016 | $0.50 | ||
| Jun 12, 2016 | $2.01 | May 20, 2016 | $1.51 |
| May 29, 2016 | $0.50 | ||
| Jun 19, 2016 | $2.01 | May 29, 2016 | $1.51 |
| Jun 4, 2016 | $0.50 | ||
| Jun 26, 2016 | $2.01 | Jun 4, 2016 | $1.51 |
| Jun 12, 2016 | $0.50 | ||
| Jul 3, 2016 | $2.01 | Jun 12, 2016 | $1.51 |
| Jun 17, 2016 | $0.50 | ||
| Jul 10, 2016 | $1.51 | Jun 17, 2016 | $1.51 |
| Jul 17, 2016 | $10.07 | Jul 10, 2016 | $10.07 |
| Jul 24, 2016 | $0.00 | ||
| Jul 31, 2016 | $2.01 | Aug 7, 2016 | $1.06 |
| Aug 13, 2016 | $0.96 | ||
| Aug 7, 2016 | $2.01 | Aug 13, 2016 | $1.56 |
| Aug 21, 2016 | $0.45 | ||
| Aug 14, 2016 | $2.01 | Aug 21, 2016 | $0.05 |
| Aug 31, 2016 | $1.96 | ||
| Aug 21, 2016 | $0.05 | Aug 31, 2016 | $0.05 |
| Aug 28, 2016 | $0.00 | ||
| Sep 4, 2016 | $88.45 | Sep 1, 2016 | $88.45 |
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