Money to stock my shop

Ibrahim

Ruaraka, Kenya

100% repaid

Entrepreneur

Name

Ibrahim

Member since

May 2016

On-time repayments

174 installments  •  50%

About Me

I grew up in nyamira district in a small town known as Nyamataro within kerema district found in the current Nyamira county. This is where i did all my schooling both primary and secondary education. my father is a tea farmer, and i come from a family of 7 , three brothers and four sisters, so i struggled to gain my education. i managed to complete my secondary education. i later joined a local polytechnic where i did some mechanics. By doing this i was able to raise some monies with which i bought the daily needs of my family such as food clothing and money to educate my daughters

My Business

I run a small shop where i sell spare parts . i specialize in selling motorcycle spare parts. i started by reparing motocycles ,but i later opened a shop for spare parts, since i realized that this was easy and its income was a bit stable and i could be more indipendent.
i decided to do this business because, most people use moto cycles where i live, and most times they needed spare-parts and repairs to be done for them.
typical cost for my business is paying rent for the small house that houses my business. i pay for electricity and city council revenues.
the small i get from my business, i save and pay fees for my children, because i want them top have a good future

Loan Proposal

I need to stock the fast moving parts as well start selling spare-parts which i have never sold before . i equally need to employ someone to be doing the repairs for the customers that need repairservices , so i need to be paying thhe person am going to employ some salary

Spare parts- 150 dollars
nsalries-50 dollars

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 28, 2016

Repayment status

On Time

Projected term

6 months

Lenders

A

Anonymous

United States

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Summary

Amount repaid

$210.00

Amount remaining

$0.00

Date repaid

Dec 9, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 5, 2016 $4.06 Jun 5, 2016 $4.06
Jun 12, 2016 $4.06 Jun 5, 2016 $1.01
Jun 12, 2016 $3.04
Jun 19, 2016 $4.06 Jun 12, 2016 $2.03
Jun 19, 2016 $2.03
Jun 26, 2016 $3.04 Jun 19, 2016 $3.04
Jul 3, 2016 $1.01 Jun 26, 2016 $1.01
Jul 10, 2016 $1.01 Jul 4, 2016 $1.01
Jul 17, 2016 $1.01 Jul 10, 2016 $1.01
Jul 24, 2016 $1.01 Jul 17, 2016 $1.01
Jul 31, 2016 $1.01 Jul 24, 2016 $1.01
Aug 7, 2016 $1.01 Aug 1, 2016 $1.01
Aug 14, 2016 $1.01 Aug 1, 2016 $1.01
Aug 21, 2016 $1.01 Aug 14, 2016 $1.01
Aug 28, 2016 $1.01 Aug 21, 2016 $1.01
Sep 4, 2016 $1.01 Aug 28, 2016 $1.01
Sep 11, 2016 $1.01 Sep 10, 2016 $1.01
Sep 18, 2016 $1.01 Sep 10, 2016 $1.01
Sep 25, 2016 $1.01 Sep 19, 2016 $1.01
Oct 2, 2016 $1.01 Sep 24, 2016 $1.01
Oct 9, 2016 $1.01 Oct 8, 2016 $1.01
Oct 16, 2016 $1.01 Oct 16, 2016 $1.01
Oct 23, 2016 $1.01 Oct 22, 2016 $1.01
Oct 30, 2016 $1.01 Oct 22, 2016 $1.01
Nov 6, 2016 $1.01 Nov 6, 2016 $1.01
Nov 13, 2016 $1.01 Nov 6, 2016 $1.01
Nov 20, 2016 $1.01 Nov 6, 2016 $1.01
Nov 27, 2016 $1.01 Nov 6, 2016 $1.01
Dec 4, 2016 $1.01 Nov 6, 2016 $1.01
Dec 11, 2016 $171.45 Nov 24, 2016 $86.22
Nov 26, 2016 $20.29
Dec 4, 2016 $30.43
Dec 9, 2016 $34.52

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