Entrepreneur
Name
John
Member since
January 2014
On-time repayments
20 installments • 20%
About Me
Am self employed seeking for funds to improve our business. We deal in export of fishing related items and we are seeking to get a loan to boost our fishing flies supply. We shall ensure we pay on time all our loan.
My Business
My Fly Business is my source of income and its where the proceeds towards loan repayment will be derived. I have an approximate turn out of around 75K per Month ( Around 900USD in months where the business is good.The business operates throught the year therefore the flow of income is continuous. Clients prefer the products from us because they are of best quality and better priced. The only challenges we face is a little competition from other suppliers. With this loan, it will help boost our production capacity.
Loan Proposal
The loan am requesting is for our business expansion. More materials for increased production is needed and this loan will be of much boost to our capacity. I will appreciate this loan as it will go a long way to ensure that we maximize profits in the fly business.
Feedback
Positive
None
Neutral
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Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$51.00
Date disbursed
Oct 18, 2018
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
United States
Summary
Amount repaid
$14.19
Amount remaining
$37.45
Expected completion
Feb 11, 2019
Status
Repaying late
Installment amount
$5.91
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 29, 2018 | $3.94 | Nov 29, 2018 | $3.94 |
| Nov 5, 2018 | $0.00 | ||
| Nov 12, 2018 | $0.00 | ||
| Nov 19, 2018 | $0.00 | ||
| Nov 26, 2018 | $0.00 | ||
| Dec 3, 2018 | $8.28 | Jan 3, 2019 | $8.28 |
| Dec 10, 2018 | $0.00 | ||
| Dec 17, 2018 | $0.00 | ||
| Dec 24, 2018 | $0.00 | ||
| Dec 31, 2018 | $0.00 | ||
| Jan 7, 2019 | $5.91 | Mar 14, 2019 | $1.97 |
| Jan 14, 2019 | $5.91 | ||
| Jan 21, 2019 | $5.91 | ||
| Jan 28, 2019 | $5.91 | ||
| Feb 4, 2019 | $5.91 | ||
| Feb 11, 2019 | $9.85 | ||
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