Entrepreneur
Name
Daisy
Member since
May 2014
On-time repayments
107 installments • 55%
About Me
I never knew being a single mum was such a challenge until i lost my job in january 2014. After applying to several jobs and attending various interviews without success, i decided to start my own business since am a trained caterer. i borrowed materials needed from a shop and made samosas that i sold to Daystar university students staying next to my place. The reception was superb and i must say students loved my samosas. I've never looked back since. I'm glad my best hobby is cooking so i sure enjoy what i do.
My Business
Since my samosa business had never disappointed me, i decided to expand the business a bit and add beef and pork sausages to the list of snacks that i made. The competition favoured me since i was the only one who sold door to door so i sold the most as compared to the rest who sold in small restaurants. Students love snacks so i was sure the business would do well and i will be able to repay the loan as agreed from the profits made weekly. I used the profits to buy more tools for use in the business and saved the rest, so repayment was not such a burden. Starting 2015, i expanded to a small restaurant serving all kinds of food and drinks and even changed location of the business to my home area. The business is doing good though i needed to add other equipment to add efficiency. So when i got my past loans, i bought more equipment and also managed to buy seats and tables since my customers had to sit somewhere to enjoy their meals. I must say the business is doing well and i am happy with the progress.
Loan Proposal
I would have loved to add more equipment to my restaurant business but since a whole 10,000 KES will be deducted from my 17,051 KES loan and i will only remain with 7,000 KES, i will only buy one equipment which is a food processor. The food processor will be of great help to my business since it will eliminate manual food processing therefore save time in the restaurant and create convenience.
Feedback
Positive
3
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$170.00
Date disbursed
Jan 10, 2016
Repayment status
Late
Projected term
8 months
Other loans
Lenders
Italy
Devon, United Kingdom
United States
United Kingdom
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Summary
Amount repaid
$70.00
Amount remaining
$108.70
Expected completion
Sep 11, 2016
Status
Repaying late
Installment amount
$5.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 17, 2016 | $10.00 | Jan 18, 2016 | $10.00 |
| Jan 24, 2016 | $5.00 | Jan 24, 2016 | $5.00 |
| Jan 31, 2016 | $5.00 | Jan 29, 2016 | $5.00 |
| Feb 7, 2016 | $5.00 | Feb 7, 2016 | $5.00 |
| Feb 14, 2016 | $5.00 | Feb 14, 2016 | $5.00 |
| Feb 21, 2016 | $5.00 | Feb 21, 2016 | $5.00 |
| Feb 28, 2016 | $5.00 | Feb 28, 2016 | $5.00 |
| Mar 6, 2016 | $5.00 | Mar 6, 2016 | $5.00 |
| Mar 13, 2016 | $5.00 | Mar 13, 2016 | $5.00 |
| Mar 20, 2016 | $5.00 | Mar 20, 2016 | $5.00 |
| Mar 27, 2016 | $5.00 | Mar 26, 2016 | $5.00 |
| Apr 3, 2016 | $5.00 | Apr 3, 2016 | $5.00 |
| Apr 10, 2016 | $5.00 | Apr 10, 2016 | $5.00 |
| Apr 17, 2016 | $5.00 | ||
| Apr 24, 2016 | $5.00 | ||
| May 1, 2016 | $5.00 | ||
| May 8, 2016 | $5.00 | ||
| May 15, 2016 | $5.00 | ||
| May 22, 2016 | $5.00 | ||
| May 29, 2016 | $5.00 | ||
| Jun 5, 2016 | $5.00 | ||
| Jun 12, 2016 | $5.00 | ||
| Jun 19, 2016 | $5.00 | ||
| Jun 26, 2016 | $5.00 | ||
| Jul 3, 2016 | $5.00 | ||
| Jul 10, 2016 | $5.00 | ||
| Jul 17, 2016 | $5.00 | ||
| Jul 24, 2016 | $5.00 | ||
| Jul 31, 2016 | $5.00 | ||
| Aug 7, 2016 | $5.00 | ||
| Aug 14, 2016 | $5.00 | ||
| Aug 21, 2016 | $5.00 | ||
| Aug 28, 2016 | $5.00 | ||
| Sep 4, 2016 | $5.00 | ||
| Sep 11, 2016 | $3.70 | ||
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