Money to increase food stock at my shop

Michael

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

November 2016

On-time repayments

52 installments  •  54%

About Me

My name is Michael Mbega. I went through primary school at Mtwapa Primary and later joined Msumarini secondary school where i completed my form four education.
I could not proceed further in education due to financial challenges at home. I got employed at a whole sell shop in Mtwapa. from that job i gained experience in doing business.

My Business

I started a small shop.with various commodities in my neighborhood. I sell Soft drinks, Candy, Biscuits and i also sell beef meat.
Its very hot in Africa most of the town and especially here at the coast of Kenya. so people use soft drinks often to some how cool the temperature and i found out that in my neighborhood there were few shops for such drinks.
The children at my village dont have access to big candy shops in town so i decided to bring such things closer to the so that they can enjoy as well.
I sell beef meet as source of food in our homes.

Loan Proposal

If i get the loan amount i will use the money to add maize flour at my shop as right now the normal packed flour from the bigger mill companies has increased so much and even it tends to disappear from the supermarkets and bigger shops.
i believe this will increase my earnings like by 20% as i will get more customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

May 15, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Ahadi

France

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Thereze Ovid

Brooklyn, New York, United States

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Summary

Amount repaid

$26.01

Amount remaining

$0.00

Date repaid

Sep 27, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 27, 2017 $1.97 May 27, 2017 $1.97
Jun 3, 2017 $1.97 Jun 4, 2017 $1.97
Jun 10, 2017 $1.97 Jun 10, 2017 $1.97
Jun 17, 2017 $1.97 Jun 24, 2017 $1.97
Jun 24, 2017 $1.97 Jun 24, 2017 $1.97
Jul 1, 2017 $1.97 Jul 14, 2017 $1.97
Jul 8, 2017 $1.97 Jul 14, 2017 $1.97
Jul 15, 2017 $1.97 Aug 12, 2017 $1.97
Jul 22, 2017 $1.97 Aug 12, 2017 $1.97
Jul 29, 2017 $1.97 Aug 19, 2017 $1.97
Aug 5, 2017 $1.97 Aug 19, 2017 $1.97
Aug 12, 2017 $1.97 Sep 26, 2017 $1.97
Aug 19, 2017 $1.97 Sep 26, 2017 $1.97
Aug 26, 2017 $0.36 Sep 27, 2017 $0.36

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