Entrepreneur
Name
Phenny
Member since
January 2015
On-time repayments
48 installments • 42%
About Me
My names are Clemence Chao. I am currently a credit officer with XPlico insurance LTD and also have a mitumba shop operating in town along River road. Am also a student with KEMU University doing my last year. I have always believed in owning a big business that would give me financial freedom. In future I plan to travel to china and other countries so as to bring valuables for sale after I gain financial muscles. Also from the business so that I can raise funds to do my masters.
My Business
My main source of income is the salary I earn from my work place. I opened my mitumba business 5 months ago so I am still naturing it so that it can grow and sustain itself in the harsh economic environment. So far so good. While I invested $ 1348.3 and out of this stock was $ 674.2 I have seen it grow to a stock of $ 898.9. I intend to plow back all proceeds to the business until its capital base is good enough.
Loan Proposal
I intend to increase my stock by buying a new bale of sheets for sale and pillows. The money will help in adding to what I already have to acquire the stock
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$54.00
Date disbursed
Aug 17, 2021
Repayment status
Late
Projected term
7 weeks
Other loans
Lenders
Markham, Canada
Summary
Amount repaid
$26.89
Amount remaining
$28.10
Expected completion
Oct 7, 2021
Status
Repaying late
Installment amount
$9.17
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 26, 2021 | $9.17 | Aug 25, 2021 | $9.17 |
| Sep 2, 2021 | $9.17 | Oct 17, 2021 | $5.32 |
| Jan 21, 2022 | $3.85 | ||
| Sep 9, 2021 | $9.17 | Jan 21, 2022 | $0.58 |
| Feb 8, 2022 | $3.54 | ||
| Mar 24, 2022 | $4.43 | ||
| Sep 16, 2021 | $9.17 | ||
| Sep 23, 2021 | $9.17 | ||
| Sep 30, 2021 | $5.01 | ||
| Oct 7, 2021 | $4.14 | ||
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