Expand my inventory of electronics and spare parts
Albert
Githurai Mwiki, Kenya
47% repaid
Entrepreneur
Name
Albert
Member since
April 2013
On-time repayments
235 installments • 40%
About Me
I have completed my secondary education then acquired vocational training in electronics. I am married and blessed with one child who is 7 years old.
I reside in Githurai Mwiki and have also established electronic business in the community. My wife operates a tailoring business where is makes women & children clothes.
Revenue from my business and the tailoring business for my wife is used for upkeep, saving to expand the businesses and savings for the children education.
I am actively involved in community development thus serving in the local development committee.
My Business
My electronic business is based in Githurai Mwiki. It involves selling of spare parts of television sets, decoders, Dvds and mobile phones and also offering repair services.
The demand for my goods and services is high because of the technology era whereby at least every household has a mobile phone hence I am the only provider of the services in the community.
Customers prefer my business because of good repair skills & experience and good customer services. My business is at risk because it can't sustain the needs of customers who require mobile phone spare parts thus reducing my sales but with financial boost, I will be in position to purchase the mobile phone spare parts hence meeting customer demands.
The average monthly sales is Kshs 74000 and the average monthly expenses is Kshs 52000 hence the average profit is Kshs 22000.
Loan Proposal
if i get the loan am planning to expand my business through buying more stock like television sets which will cost 200 dollars, dvds at acost of 100dollars spare parts at acost of 100 dollars and 10 dollars as operating expense.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$588.00
Date disbursed
May 8, 2016
Repayment status
Late
Projected term
37 months
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Summary
Amount repaid
$289.88
Amount remaining
$327.52
Expected completion
Jun 9, 2019
Status
Repaying late
Installment amount
$8.07
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 15, 2016 | $8.07 | May 23, 2016 | $8.07 |
| May 22, 2016 | $8.07 | May 30, 2016 | $8.07 |
| May 29, 2016 | $0.00 | ||
| Jun 5, 2016 | $0.00 | ||
| Jun 12, 2016 | $5.04 | Jun 11, 2016 | $5.04 |
| Jun 19, 2016 | $5.04 | Jun 11, 2016 | $5.04 |
| Jun 26, 2016 | $5.04 | Jun 27, 2016 | $5.04 |
| Jul 3, 2016 | $5.04 | Jun 27, 2016 | $3.03 |
| Jul 12, 2016 | $2.02 | ||
| Jul 10, 2016 | $5.04 | Jul 12, 2016 | $4.54 |
| Jul 18, 2016 | $0.50 | ||
| Jul 17, 2016 | $5.04 | Jul 18, 2016 | $5.04 |
| Jul 24, 2016 | $5.04 | Jul 18, 2016 | $1.51 |
| Jul 26, 2016 | $3.53 | ||
| Jul 31, 2016 | $5.04 | Jul 26, 2016 | $1.51 |
| Aug 1, 2016 | $3.53 | ||
| Aug 7, 2016 | $5.04 | Aug 1, 2016 | $1.51 |
| Aug 8, 2016 | $3.53 | ||
| Aug 14, 2016 | $5.04 | Aug 8, 2016 | $1.51 |
| Aug 20, 2016 | $3.53 | ||
| Aug 21, 2016 | $5.04 | Aug 20, 2016 | $1.51 |
| Aug 29, 2016 | $3.53 | ||
| Aug 28, 2016 | $5.04 | Aug 29, 2016 | $5.04 |
| Sep 4, 2016 | $5.04 | Aug 29, 2016 | $1.51 |
| Sep 6, 2016 | $3.53 | ||
| Sep 11, 2016 | $5.04 | Sep 6, 2016 | $1.51 |
| Sep 21, 2016 | $3.53 | ||
| Sep 18, 2016 | $5.04 | Sep 21, 2016 | $1.41 |
| Sep 27, 2016 | $3.63 | ||
| Sep 25, 2016 | $5.04 | Sep 27, 2016 | $1.41 |
| Oct 14, 2016 | $3.63 | ||
| Oct 2, 2016 | $5.04 | Oct 14, 2016 | $1.41 |
| Oct 24, 2016 | $3.63 | ||
| Oct 9, 2016 | $5.04 | Oct 24, 2016 | $5.04 |
| Oct 16, 2016 | $5.04 | Oct 24, 2016 | $1.41 |
| Nov 3, 2016 | $3.63 | ||
| Oct 23, 2016 | $5.04 | Nov 3, 2016 | $1.41 |
| Nov 14, 2016 | $3.63 | ||
| Oct 30, 2016 | $5.04 | Nov 14, 2016 | $1.41 |
| Nov 22, 2016 | $3.63 | ||
| Nov 6, 2016 | $5.04 | Nov 22, 2016 | $5.04 |
| Nov 13, 2016 | $5.04 | Nov 22, 2016 | $1.41 |
| Nov 29, 2016 | $3.63 | ||
| Nov 20, 2016 | $5.04 | Nov 29, 2016 | $1.41 |
| Dec 5, 2016 | $3.63 | ||
| Nov 27, 2016 | $5.04 | Dec 5, 2016 | $2.42 |
| Dec 13, 2016 | $2.62 | ||
| Dec 4, 2016 | $5.04 | Dec 13, 2016 | $4.44 |
| Dec 15, 2016 | $0.61 | ||
| Dec 11, 2016 | $5.04 | Dec 15, 2016 | $1.41 |
| Dec 28, 2016 | $3.63 | ||
| Dec 18, 2016 | $5.04 | Dec 28, 2016 | $5.04 |
| Dec 25, 2016 | $5.04 | Dec 28, 2016 | $1.41 |
| Jan 7, 2017 | $3.63 | ||
| Jan 1, 2017 | $5.04 | Jan 7, 2017 | $1.41 |
| Jan 15, 2017 | $3.03 | ||
| Jan 30, 2017 | $0.61 | ||
| Jan 8, 2017 | $5.04 | Jan 30, 2017 | $4.44 |
| Feb 5, 2017 | $0.61 | ||
| Jan 15, 2017 | $5.04 | Feb 5, 2017 | $4.44 |
| Feb 13, 2017 | $0.61 | ||
| Jan 22, 2017 | $5.04 | Feb 13, 2017 | $4.44 |
| Feb 20, 2017 | $0.61 | ||
| Jan 29, 2017 | $5.04 | Feb 20, 2017 | $4.44 |
| Mar 3, 2017 | $0.61 | ||
| Feb 5, 2017 | $5.04 | Mar 3, 2017 | $5.04 |
| Feb 12, 2017 | $5.04 | Mar 3, 2017 | $4.44 |
| Mar 13, 2017 | $0.61 | ||
| Feb 19, 2017 | $5.04 | Mar 13, 2017 | $4.44 |
| Mar 18, 2017 | $0.61 | ||
| Feb 26, 2017 | $5.04 | Mar 18, 2017 | $4.44 |
| Apr 9, 2017 | $0.61 | ||
| Mar 5, 2017 | $5.04 | Apr 9, 2017 | $4.44 |
| Apr 19, 2017 | $0.61 | ||
| Mar 12, 2017 | $5.04 | Apr 19, 2017 | $4.44 |
| May 3, 2017 | $0.61 | ||
| Mar 19, 2017 | $5.04 | May 3, 2017 | $5.04 |
| Mar 26, 2017 | $5.04 | May 3, 2017 | $3.93 |
| May 17, 2017 | $1.11 | ||
| Apr 2, 2017 | $5.04 | May 17, 2017 | $3.93 |
| Jun 5, 2018 | $1.11 | ||
| Apr 9, 2017 | $5.04 | Jun 5, 2018 | $3.93 |
| Jun 14, 2018 | $1.11 | ||
| Apr 16, 2017 | $5.04 | Jun 14, 2018 | $3.93 |
| Jun 21, 2018 | $1.11 | ||
| Apr 23, 2017 | $3.93 | Jun 21, 2018 | $3.93 |
| Apr 30, 2017 | $0.00 | ||
| May 7, 2017 | $0.00 | ||
| May 14, 2017 | $0.00 | ||
| May 21, 2017 | $0.00 | ||
| May 28, 2017 | $0.00 | ||
| Jun 4, 2017 | $0.00 | ||
| Jun 11, 2017 | $0.00 | ||
| Jun 18, 2017 | $0.00 | ||
| Jun 25, 2017 | $0.00 | ||
| Jul 2, 2017 | $0.00 | ||
| Jul 9, 2017 | $0.00 | ||
| Jul 16, 2017 | $0.00 | ||
| Jul 23, 2017 | $0.00 | ||
| Jul 30, 2017 | $0.00 | ||
| Aug 6, 2017 | $0.00 | ||
| Aug 13, 2017 | $0.00 | ||
| Aug 20, 2017 | $0.00 | ||
| Aug 27, 2017 | $0.00 | ||
| Sep 3, 2017 | $0.00 | ||
| Sep 10, 2017 | $0.00 | ||
| Sep 17, 2017 | $0.00 | ||
| Sep 24, 2017 | $0.00 | ||
| Oct 1, 2017 | $0.00 | ||
| Oct 8, 2017 | $0.00 | ||
| Oct 15, 2017 | $0.00 | ||
| Oct 22, 2017 | $0.00 | ||
| Oct 29, 2017 | $0.00 | ||
| Nov 5, 2017 | $0.00 | ||
| Nov 12, 2017 | $0.00 | ||
| Nov 19, 2017 | $0.00 | ||
| Nov 26, 2017 | $0.00 | ||
| Dec 3, 2017 | $0.00 | ||
| Dec 10, 2017 | $0.00 | ||
| Dec 17, 2017 | $0.00 | ||
| Dec 24, 2017 | $0.00 | ||
| Dec 31, 2017 | $0.00 | ||
| Jan 7, 2018 | $0.00 | ||
| Jan 14, 2018 | $0.00 | ||
| Jan 21, 2018 | $0.00 | ||
| Jan 28, 2018 | $0.00 | ||
| Feb 4, 2018 | $0.00 | ||
| Feb 11, 2018 | $0.00 | ||
| Feb 18, 2018 | $0.00 | ||
| Feb 25, 2018 | $0.00 | ||
| Mar 4, 2018 | $0.00 | ||
| Mar 11, 2018 | $0.00 | ||
| Mar 18, 2018 | $0.00 | ||
| Mar 25, 2018 | $0.00 | ||
| Apr 1, 2018 | $0.00 | ||
| Apr 8, 2018 | $0.00 | ||
| Apr 15, 2018 | $0.00 | ||
| Apr 22, 2018 | $0.00 | ||
| Apr 29, 2018 | $0.00 | ||
| May 6, 2018 | $0.00 | ||
| May 13, 2018 | $0.00 | ||
| May 20, 2018 | $0.00 | ||
| May 27, 2018 | $0.00 | ||
| Jun 3, 2018 | $0.00 | ||
| Jun 10, 2018 | $0.00 | ||
| Jun 17, 2018 | $0.00 | ||
| Jun 24, 2018 | $0.00 | ||
| Jul 1, 2018 | $0.00 | ||
| Jul 8, 2018 | $0.00 | ||
| Jul 15, 2018 | $0.00 | ||
| Jul 22, 2018 | $7.07 | Aug 17, 2018 | $3.03 |
| Aug 19, 2018 | $4.04 | ||
| Jul 29, 2018 | $7.07 | Aug 19, 2018 | $3.02 |
| Sep 3, 2018 | $4.05 | ||
| Aug 5, 2018 | $7.07 | Sep 3, 2018 | $2.00 |
| Sep 12, 2018 | $5.07 | ||
| Aug 12, 2018 | $7.07 | Sep 12, 2018 | $2.00 |
| Oct 28, 2018 | $5.07 | ||
| Aug 19, 2018 | $7.07 | Oct 28, 2018 | $1.99 |
| Nov 4, 2018 | $5.08 | ||
| Aug 26, 2018 | $8.07 | Nov 4, 2018 | $1.98 |
| Jan 28, 2019 | $5.55 | ||
| Sep 2, 2018 | $8.07 | ||
| Sep 9, 2018 | $8.07 | ||
| Sep 16, 2018 | $8.07 | ||
| Sep 23, 2018 | $8.07 | ||
| Sep 30, 2018 | $8.07 | ||
| Oct 7, 2018 | $8.07 | ||
| Oct 14, 2018 | $8.07 | ||
| Oct 21, 2018 | $8.07 | ||
| Oct 28, 2018 | $8.07 | ||
| Nov 4, 2018 | $8.07 | ||
| Nov 11, 2018 | $8.07 | ||
| Nov 18, 2018 | $8.07 | ||
| Nov 25, 2018 | $8.07 | ||
| Dec 2, 2018 | $8.07 | ||
| Dec 9, 2018 | $8.07 | ||
| Dec 16, 2018 | $8.07 | ||
| Dec 23, 2018 | $8.07 | ||
| Dec 30, 2018 | $8.07 | ||
| Jan 6, 2019 | $8.07 | ||
| Jan 13, 2019 | $8.07 | ||
| Jan 20, 2019 | $8.07 | ||
| Jan 27, 2019 | $8.07 | ||
| Feb 3, 2019 | $8.07 | ||
| Feb 10, 2019 | $8.07 | ||
| Feb 17, 2019 | $8.07 | ||
| Feb 24, 2019 | $8.07 | ||
| Mar 3, 2019 | $8.07 | ||
| Mar 10, 2019 | $8.07 | ||
| Mar 17, 2019 | $8.07 | ||
| Mar 24, 2019 | $8.07 | ||
| Mar 31, 2019 | $8.07 | ||
| Apr 7, 2019 | $8.07 | ||
| Apr 14, 2019 | $8.07 | ||
| Apr 21, 2019 | $8.07 | ||
| Apr 28, 2019 | $8.07 | ||
| May 5, 2019 | $8.07 | ||
| May 12, 2019 | $8.07 | ||
| May 19, 2019 | $8.07 | ||
| May 26, 2019 | $8.07 | ||
| Jun 2, 2019 | $8.07 | ||
| Jun 9, 2019 | $4.22 | ||
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