Pool table to expand my recreation business

Joel

Wanyororo B, Kenya

19% repaid

Entrepreneur

Name

Joel

Member since

January 2014

On-time repayments

193 installments  •  24%

About Me

My names are Joel Maina,born in the year 1974.I am an orphan and the only child in my family, brought up by my grandparents.I am married and blessed with children.I went to school at Osembo Primary School and later joined Jomo Kenyatta High School. In both levels i scored passes. I later enrolled my self in Wanyororo polytechnic and i underwent tailoring course and opened a tailoring shop, which has been my source of livelihood. 9 months ago i started a Pool Table and Dart board business branded,"Joel Recreation Center". The earnings that i get from my two businesses are used to purchase materials for sewing shop and pay rent and pool attendant and the rest used for daily upkeep of my family

My Business

My business goes under the brand name of "Joel Recreation Center ".It is a well established business since it has been in operation for 9 months.My business deals in offering recreational services where youth play pool table and Dart games at a reasonable fee.The demand of my recreation business has sprung up since i have been able to acquire a significant number of pool table and darts' clubs' members and non-member customers for the 9 months.My customers prefer my business since its situated in a busy shopping center and i also provide membership and games charges at a fair fees.The biggest challenge am currently facing is having only one pool table which is not serving the increased number of clients well. My monthly fees revenue is about 15000ksh and my typical monthly cost is about 6000ksh thus getting a profit of 9000ksh n/b;this revenues are not fixed as they sometimes surge up to thrice the above stated figures.The amount given will be used to purchase a brand new pool table hence increase in revenue

Loan Proposal

I am hereby requesting a loan of $265 (ksh. 20,000). I will use $212 (ksh.20,000)to purchase a brand new pool table , $21.2 (ksh. 2,000)to buy pool balls, $15.9 (ksh.1,500) to buy pool sticks and $15.9 (ksh. 1,500) rent a house

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Loan Info

Project Type

Classic Loan

Disbursed amount

$262.00

Date disbursed

Jun 24, 2015

Repayment status

Late

Projected term

30 months

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Arlington, United States

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ashtanga99

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JakeA

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Jacob Hedegaard

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krobert

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mepster

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KM

Kirsty M

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Tarik

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MM

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HN

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JG

Jake Gibson and Beverly Picardo

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Summary

Amount repaid

$53.77

Amount remaining

$222.08

Expected completion

Dec 17, 2017

Status

Repaying late

Installment amount

$2.11

Repayment History

Expected Payments Actual Payments
Jul 5, 2015 $7.45 Jul 5, 2015 $7.45
Jul 12, 2015 $5.26 Jul 12, 2015 $5.26
Jul 19, 2015 $5.26 Jul 20, 2015 $5.26
Jul 26, 2015 $5.26 Aug 2, 2015 $5.26
Aug 2, 2015 $5.26 Aug 24, 2015 $5.26
Aug 9, 2015 $5.26 Sep 2, 2015 $5.26
Aug 16, 2015 $0.00
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $0.00
Sep 13, 2015 $0.00
Sep 20, 2015 $3.16 Sep 21, 2015 $3.16
Sep 27, 2015 $3.16 Sep 29, 2015 $3.16
Oct 4, 2015 $0.00
Oct 11, 2015 $0.00
Oct 18, 2015 $0.00
Oct 25, 2015 $0.00
Nov 1, 2015 $2.11 Oct 22, 2015 $2.11
Nov 8, 2015 $2.11 Oct 22, 2015 $2.11
Nov 15, 2015 $2.11 Oct 22, 2015 $2.11
Nov 22, 2015 $2.11 Oct 22, 2015 $2.11
Nov 29, 2015 $2.11 Oct 22, 2015 $1.05
Nov 30, 2015 $1.05
Dec 6, 2015 $2.11 Nov 30, 2015 $1.05
Oct 21, 2018 $1.05
Dec 13, 2015 $2.11 Oct 21, 2018 $1.05
Dec 20, 2015 $2.11
Dec 27, 2015 $2.11
Jan 3, 2016 $2.11
Jan 10, 2016 $2.11
Jan 17, 2016 $2.11
Jan 24, 2016 $2.11
Jan 31, 2016 $2.11
Feb 7, 2016 $2.11
Feb 14, 2016 $2.11
Feb 21, 2016 $2.11
Feb 28, 2016 $2.11
Mar 6, 2016 $2.11
Mar 13, 2016 $2.11
Mar 20, 2016 $2.11
Mar 27, 2016 $2.11
Apr 3, 2016 $2.11
Apr 10, 2016 $2.11
Apr 17, 2016 $2.11
Apr 24, 2016 $2.11
May 1, 2016 $2.11
May 8, 2016 $2.11
May 15, 2016 $2.11
May 22, 2016 $2.11
May 29, 2016 $2.11
Jun 5, 2016 $2.11
Jun 12, 2016 $2.11
Jun 19, 2016 $2.11
Jun 26, 2016 $2.11
Jul 3, 2016 $2.11
Jul 10, 2016 $2.11
Jul 17, 2016 $2.11
Jul 24, 2016 $2.11
Jul 31, 2016 $2.11
Aug 7, 2016 $2.11
Aug 14, 2016 $2.11
Aug 21, 2016 $2.11
Aug 28, 2016 $2.11
Sep 4, 2016 $2.11
Sep 11, 2016 $2.11
Sep 18, 2016 $2.11
Sep 25, 2016 $2.11
Oct 2, 2016 $2.11
Oct 9, 2016 $2.11
Oct 16, 2016 $2.11
Oct 23, 2016 $2.11
Oct 30, 2016 $2.11
Nov 6, 2016 $2.11
Nov 13, 2016 $2.11
Nov 20, 2016 $2.11
Nov 27, 2016 $2.11
Dec 4, 2016 $2.11
Dec 11, 2016 $2.11
Dec 18, 2016 $2.11
Dec 25, 2016 $2.11
Jan 1, 2017 $2.11
Jan 8, 2017 $2.11
Jan 15, 2017 $2.11
Jan 22, 2017 $2.11
Jan 29, 2017 $2.11
Feb 5, 2017 $2.11
Feb 12, 2017 $2.11
Feb 19, 2017 $2.11
Feb 26, 2017 $2.11
Mar 5, 2017 $2.11
Mar 12, 2017 $2.11
Mar 19, 2017 $2.11
Mar 26, 2017 $2.11
Apr 2, 2017 $2.11
Apr 9, 2017 $2.11
Apr 16, 2017 $2.11
Apr 23, 2017 $2.11
Apr 30, 2017 $2.11
May 7, 2017 $2.11
May 14, 2017 $2.11
May 21, 2017 $2.11
May 28, 2017 $2.11
Jun 4, 2017 $2.11
Jun 11, 2017 $2.11
Jun 18, 2017 $2.11
Jun 25, 2017 $2.11
Jul 2, 2017 $2.11
Jul 9, 2017 $2.11
Jul 16, 2017 $2.11
Jul 23, 2017 $2.11
Jul 30, 2017 $2.11
Aug 6, 2017 $2.11
Aug 13, 2017 $2.11
Aug 20, 2017 $2.11
Aug 27, 2017 $2.11
Sep 3, 2017 $2.11
Sep 10, 2017 $2.11
Sep 17, 2017 $2.11
Sep 24, 2017 $2.11
Oct 1, 2017 $2.11
Oct 8, 2017 $2.11
Oct 15, 2017 $2.11
Oct 22, 2017 $2.11
Oct 29, 2017 $2.11
Nov 5, 2017 $2.11
Nov 12, 2017 $2.11
Nov 19, 2017 $2.11
Nov 26, 2017 $2.11
Dec 3, 2017 $2.11
Dec 10, 2017 $2.11
Dec 17, 2017 $2.08

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