Procuring a Shaving Machine

Michael

Busia, Kenya

35% repaid

Entrepreneur

Name

Michael

Member since

December 2014

On-time repayments

20 installments  •  25%

About Me

I am a maried man with three (3) children. I went to school upto high school level after my high school i joined my brother as s protogee in his barber shop in Siaya county i stayed on as his protogee for three (3) years , i then left Siaya for Eldoret where i tried my hand not only in barber shop but other businesses as well i then settled back in Siaya after four years at which time my brother passed away after some time i moved to Busia county where i opened a barber shop that is doing well to date.

My Business

As a protogee in my late brothers sho i not only learned how to shave but also the maintanance of the various tools of trade including their sevicing .At my barbers shop in Busia county i not only shave but provide servicing of the shaving machines as well and besides the barbers shop in which i have in my employ one (1) person i also operate a motorbike taxi ( commonly known as boda boda) business that has also seen me employ a second youth.

Loan Proposal

I would have wished to get a larger loan but since this is my first loan i will limit myself to what i can get from the granted amount which is the purchase of a new shaving machine that will cost me about Kes 7,500 an amount am sure my current business will enable me to pay in time.Thank you.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 9, 2015

Repayment status

Late

Projected term

4 months

Lenders

bdm4a

San Fransisco, United States

W

Witlof

Tsukuba, Japan

T

TobyKenobi

Syracuse, United States

KaraM

Somerville, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

D

DrFeelGOOD

San Jose, United States

A

Anonymous

United States

J

Jmay2133

Fremont, United States

L

Lunatoon

Grants Pass, United States

Joellen

Boulder, United States

C

CavLender

Charlottesville, United States

E

Ehaffey

Washington D.C., United States

F

flaguy999

Tampa, United States

Dutchguy

Nijmegen, Netherlands

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Summary

Amount repaid

$36.40

Amount remaining

$67.38

Expected completion

Jun 7, 2015

Status

Repaying late

Installment amount

$5.06

Repayment History

Expected Payments Actual Payments
Jan 18, 2015 $7.31 Jan 18, 2015 $7.31
Jan 25, 2015 $7.31 Jan 18, 2015 $0.10
Feb 1, 2015 $7.21
Feb 1, 2015 $7.31 Feb 1, 2015 $0.43
Feb 16, 2015 $6.89
Feb 8, 2015 $2.10 Feb 16, 2015 $2.10
Feb 15, 2015 $0.00
Feb 22, 2015 $0.00
Mar 1, 2015 $5.06 Mar 2, 2015 $5.06
Mar 8, 2015 $5.06 Mar 2, 2015 $0.56
May 4, 2015 $4.49
Mar 15, 2015 $5.06 May 4, 2015 $2.25
Mar 22, 2015 $5.06
Mar 29, 2015 $5.06
Apr 5, 2015 $5.06
Apr 12, 2015 $5.06
Apr 19, 2015 $5.06
Apr 26, 2015 $5.06
May 3, 2015 $5.06
May 10, 2015 $5.06
May 17, 2015 $5.06
May 24, 2015 $5.06
May 31, 2015 $5.06
Jun 7, 2015 $8.96

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