Name
George
Member since
February 2020
On-time repayments
84 installments • 73%
My family and I live in Mombasa Kenya where I operate a small business. I have two kids , a boy and a girl. Before starting a business , I was in formal employement for more than 10 years . Since I worked far away from my family, It meant that I could not see my family for long periods of time. My starting a business has helped me bond with my children since I get to spend more time with them. When I am free, I like playing with my kids, watching documentaries and interacting witn people.
I operate a small business in the coastal city of Mombasa in Kenya. Over the years, the business has grown thanks to the support of our loyal customers.
We sell all kinds of gift products , ranging from Toys, Watches, Wall decorations, Sunglassess, jewellery to name but a few.
I would like to increase the stock of cheap watches in my shop. Of late there has been an increase in demand and variety. I will use the money to ensure that i avail the same to my clients. I will purchase approximately 160 watches each costing 160 shillings. Each is capable of giving a return of 200 Shillings hence making an estimated profit of 32000 shillings.
Besides selling watches, i also retail refurbished computers as well as doing repair and maintenance of the same. This additional income generating activity will enable me to comfortably clear the loan
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$247.00
Date disbursed
Sep 24, 2020
Repayment status
On Time
Projected term
5 months
Other loans
Amount repaid
$247.71
Amount remaining
$0.00
Date repaid
Mar 14, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 3, 2020 | $20.64 | Oct 3, 2020 | $20.64 |
Oct 10, 2020 | $4.60 | Oct 10, 2020 | $4.60 |
Oct 17, 2020 | $4.60 | Oct 17, 2020 | $4.60 |
Oct 24, 2020 | $4.60 | Oct 28, 2020 | $4.60 |
Oct 31, 2020 | $4.60 | Oct 28, 2020 | $4.60 |
Nov 7, 2020 | $4.60 | Nov 7, 2020 | $4.60 |
Nov 14, 2020 | $4.60 | Nov 14, 2020 | $4.60 |
Nov 21, 2020 | $4.60 | Nov 28, 2020 | $4.60 |
Nov 28, 2020 | $4.60 | Nov 28, 2020 | $4.60 |
Dec 5, 2020 | $4.60 | Dec 8, 2020 | $4.60 |
Dec 12, 2020 | $4.60 | Dec 8, 2020 | $4.60 |
Dec 19, 2020 | $9.18 | Dec 19, 2020 | $9.18 |
Dec 26, 2020 | $9.18 | Dec 26, 2020 | $9.17 |
Dec 28, 2020 | $0.01 | ||
Jan 2, 2021 | $9.18 | Dec 28, 2020 | $0.45 |
Jan 3, 2021 | $8.73 | ||
Jan 9, 2021 | $9.18 | Jan 9, 2021 | $1.83 |
Jan 9, 2021 | $1.65 | ||
Jan 11, 2021 | $5.70 | ||
Jan 16, 2021 | $9.18 | Jan 11, 2021 | $1.65 |
Jan 16, 2021 | $7.53 | ||
Jan 23, 2021 | $20.64 | Jan 16, 2021 | $1.65 |
Jan 23, 2021 | $18.99 | ||
Jan 30, 2021 | $20.64 | Jan 23, 2021 | $1.65 |
Jan 30, 2021 | $18.99 | ||
Feb 6, 2021 | $20.64 | Jan 30, 2021 | $1.65 |
Feb 11, 2021 | $2.75 | ||
Feb 12, 2021 | $16.24 | ||
Feb 13, 2021 | $20.64 | Feb 17, 2021 | $5.96 |
Feb 20, 2021 | $14.68 | ||
Feb 20, 2021 | $20.64 | Feb 27, 2021 | $20.64 |
Feb 27, 2021 | $0.00 | ||
Mar 6, 2021 | $14.94 | Mar 10, 2021 | $11.01 |
Mar 11, 2021 | $3.93 | ||
Mar 13, 2021 | $17.04 | Mar 14, 2021 | $13.76 |
Mar 15, 2021 | $3.28 |
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