Bilha
Nakuru, Kenya
100% repaid
Name
Bilha
Member since
July 2013
On-time repayments
81 installments • 77%
Am Bilha Mutola . I come from Nakuru , live in an estate called Race course. It is near Carol Academy school , Nakuru.I come from a family of eight , and am the first born.I am a trained teacher though , currently teaching part time.Am a graduate of Kenyatta University.
I love being my own boss, hence the need to start a business.Am enjoying what am doing.
From the proceeds of the business , i was able to buy a plot and household goods. Am also paying my brothers school fees in high school.
Business in Nakuru town is good ,since the population has really picked up. So , with this loan i will be able to expand my business.
The business is doing okay, hence i will use the profits to repay the loan. Am running a small hotel in town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is huge.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.
The profits are huge and i have used some of the profits to restock .
The only risk i have seen is that , when customers come and there is no service they tend to go to the other competitors and to me this is not good for business.My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.
My hotel business has been doing well. I specialize in traditional dishes, but , some time clients come in and ask for modern dishes , especially drinks. I good juicer goes for about 100 dollars .
This item i intend to purchase will help me add a drink variety to my business . I also intend to add other soft drinks to make my business more competitive. This will increase my profits to a margin of about 10% from what i currently get.
Positive
8
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Apr 3, 2015
Repayment status
On Time
Projected term
4 months
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Amount repaid
$99.22
Amount remaining
$0.00
Date repaid
Aug 9, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 12, 2015 | $5.51 | Apr 8, 2015 | $5.51 |
Apr 19, 2015 | $5.51 | Apr 8, 2015 | $0.04 |
Apr 15, 2015 | $5.47 | ||
Apr 26, 2015 | $5.51 | Apr 15, 2015 | $0.09 |
Apr 24, 2015 | $5.42 | ||
May 3, 2015 | $5.51 | Apr 24, 2015 | $0.13 |
Apr 29, 2015 | $5.38 | ||
May 10, 2015 | $5.51 | Apr 29, 2015 | $0.18 |
May 6, 2015 | $5.33 | ||
May 17, 2015 | $5.51 | May 6, 2015 | $0.22 |
May 15, 2015 | $5.29 | ||
May 24, 2015 | $5.51 | May 15, 2015 | $0.27 |
May 23, 2015 | $5.24 | ||
May 31, 2015 | $5.51 | May 23, 2015 | $0.31 |
Jun 2, 2015 | $5.20 | ||
Jun 7, 2015 | $5.51 | Jun 2, 2015 | $0.36 |
Jun 9, 2015 | $5.16 | ||
Jun 14, 2015 | $5.51 | Jun 9, 2015 | $0.40 |
Jun 13, 2015 | $5.11 | ||
Jun 21, 2015 | $5.51 | Jun 13, 2015 | $0.44 |
Jun 21, 2015 | $5.07 | ||
Jun 28, 2015 | $5.51 | Jun 21, 2015 | $0.49 |
Jun 30, 2015 | $5.02 | ||
Jul 5, 2015 | $5.51 | Jun 30, 2015 | $0.53 |
Jul 6, 2015 | $4.98 | ||
Jul 12, 2015 | $5.51 | Jul 6, 2015 | $0.58 |
Jul 12, 2015 | $4.93 | ||
Jul 19, 2015 | $5.51 | Jul 12, 2015 | $0.62 |
Jul 18, 2015 | $4.89 | ||
Jul 26, 2015 | $5.51 | Jul 18, 2015 | $0.67 |
Aug 1, 2015 | $4.84 | ||
Aug 2, 2015 | $5.51 | Aug 1, 2015 | $0.71 |
Aug 7, 2015 | $4.80 | ||
Aug 9, 2015 | $5.53 | Aug 9, 2015 | $5.53 |
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