Entrepreneur
Name
George
Member since
June 2014
On-time repayments
78 installments • 72%
About Me
i have been working full time in my shop selling phone accessories and now its time to take a step further to have my business increase to help be able to distribute my stock to other customers outside the Nakuru county. Offering best services to my customers has help improve my shop. inputs has gone a notch higher as compared to the past. Am thankful to God because i have been able to successfully maintain good customers who have in turn help the business improve; hence my desire to spread my wings to the next level.
My Business
My phone accessories business deals with spare parts that are mainly used by individual people as well as phone repairers who frequent my shop to buy spare parts for this job. I earn a regular income daily that has given me a fair live as compared to when i started. Given the loan, am sure with your loan i will be abler to expand the business to the level that is favourable to me and my new and old customers. I intend to venture out of Nakuru town to other areas where i have gradually been delivering some parts.
Loan Proposal
When I get this loan,it will help me improve on my phone accessory shop in the following ways;i wll be able to buy new parts at an estimate of 80 dollars, in respect to the fact that i have a deficit of about 60 dollars for renovation carried out in the shop, am happy that this loan will help in the following ways; improved quality that will help me get a bigger and better market since the customers will increase with respect to increased stock that will help retain most of my customers, the expected benefit is likely to shoot up especially when the products/ parts are of high quality which will see me making almost double the input; the returns will then help expand the business with more quality stock, increasing the number of customers requiring the accessories and of course will be able to employ a few employee to help serve my customers better. I need assistance because the business growth will leave me in a position where a second hand will help fully meet the financial requirements due to the increased inputs in terms of customer services increment. The fact that i intend to venture out side my town also prompt for an aid because i need to train them to be able to distribute the accessories to other customers in the other towns as well as carry out sales promotion.
About Me
I have been working full time in my shop selling phone accessories and now its time to take a step further to have my business increase to help be able to distribute my stock to other customers outside the Nakuru county. Offering best services to my customers has help improve my shop. inputs has gone a notch higher as compared to the past. Am thankful to God because i have been able to successfully maintain good customers who have in turn help the business improve; hence my desire to spread my wings to the next level.
My Business
My phone accessories business deals with spare parts that are mainly used by individual people as well as phone repairers who frequent my shop to buy spare parts for this job. I earn a regular income daily that has given me a fair live as compared to when i started. Given the loan, am sure with your loan i will be able to expand the business to the level that is favourable to me and my new and old customers. I intend to venture out of Nakuru town to other areas where i have gradually been delivering some parts.
Loan Proposal
When I get this loan,it will help me improve on my phone accessory shop in the following ways;i wll be able to buy new parts at an estimate of 80 dollars, in respect to the fact that i have a deficit of about 60 dollars for renovation carried out in the shop, am happy that this loan will help in the following ways; improved quality that will help me get a bigger and better market since the customers will increase with respect to increased stock that will help retain most of my customers, the expected benefit is likely to shoot up especially when the products/ parts are of high quality which will see me making almost double the input; the returns will then help expand the business with more quality stock, increasing the number of customers requiring the accessories and of course will be able to employ a few employee to help serve my customers better. I need assistance because the business growth will leave me in a position where a second hand will help fully meet the financial requirements due to the increased inputs in terms of customer services increment. The fact that i intend to venture out side my town also prompt for an aid because i need to train them to be able to distribute the accessories to other customers in the other towns as well as carry out sales promotion.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 10, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
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Summary
Amount repaid
$53.51
Amount remaining
$0.00
Date repaid
Dec 10, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 23, 2014 | $2.06 | Jul 23, 2014 | $2.06 |
| Jul 30, 2014 | $2.06 | Jul 23, 2014 | $1.51 |
| Jul 30, 2014 | $0.55 | ||
| Aug 6, 2014 | $2.06 | Jul 30, 2014 | $2.06 |
| Aug 13, 2014 | $2.06 | Jul 30, 2014 | $1.47 |
| Aug 6, 2014 | $0.59 | ||
| Aug 20, 2014 | $2.06 | Aug 6, 2014 | $2.06 |
| Aug 27, 2014 | $2.06 | Aug 6, 2014 | $1.42 |
| Aug 6, 2014 | $0.64 | ||
| Sep 3, 2014 | $2.06 | Aug 6, 2014 | $2.06 |
| Sep 10, 2014 | $2.06 | Aug 6, 2014 | $1.37 |
| Aug 13, 2014 | $0.69 | ||
| Sep 17, 2014 | $2.06 | Aug 13, 2014 | $2.06 |
| Sep 24, 2014 | $2.06 | Aug 13, 2014 | $1.33 |
| Aug 27, 2014 | $0.73 | ||
| Oct 1, 2014 | $2.06 | Aug 27, 2014 | $2.06 |
| Oct 8, 2014 | $2.06 | Aug 27, 2014 | $1.28 |
| Sep 3, 2014 | $0.78 | ||
| Oct 15, 2014 | $2.06 | Sep 3, 2014 | $2.06 |
| Oct 22, 2014 | $2.06 | Sep 3, 2014 | $1.23 |
| Sep 17, 2014 | $0.83 | ||
| Oct 29, 2014 | $2.06 | Sep 17, 2014 | $2.06 |
| Nov 5, 2014 | $2.06 | Sep 17, 2014 | $1.19 |
| Sep 30, 2014 | $0.87 | ||
| Nov 12, 2014 | $2.06 | Sep 30, 2014 | $1.19 |
| Oct 15, 2014 | $0.87 | ||
| Nov 19, 2014 | $2.06 | Oct 15, 2014 | $2.06 |
| Nov 26, 2014 | $2.06 | Oct 15, 2014 | $1.26 |
| Oct 29, 2014 | $0.80 | ||
| Dec 3, 2014 | $2.06 | Oct 29, 2014 | $2.06 |
| Dec 10, 2014 | $2.06 | Oct 29, 2014 | $1.56 |
| Nov 4, 2014 | $0.50 | ||
| Dec 17, 2014 | $2.06 | Nov 4, 2014 | $1.83 |
| Nov 19, 2014 | $0.23 | ||
| Dec 24, 2014 | $2.06 | Nov 19, 2014 | $2.06 |
| Dec 31, 2014 | $2.06 | Nov 19, 2014 | $2.06 |
| Jan 7, 2015 | $2.06 | Nov 19, 2014 | $0.30 |
| Dec 10, 2014 | $1.76 | ||
| Jan 14, 2015 | $2.06 | Dec 10, 2014 | $2.06 |
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