Millicent
Marachi, Kenya
100% repaid
Name
Millicent
Member since
March 2014
On-time repayments
256 installments • 90%
I am a kenyan young woman and i went to school upto form four from there i have done jobs with contracts that do not last for more than three months at a time with the wages from these i have set up a clothes business. Occassinally i deal in cerals business as well and this is so bacause i mostly buy this produce from Bunyala which is located within Busia county this reduces transport cost thereby maximizing my profit.A loan of $850 would go a long way to boost my businessess if it can be approved.When need be i turn to friends and family for soft loans i cant go to the banks as there rates are too much for me.
I mostly deal with ready made clothes which i buy from Uganda as Busia is located at the border of kenya and Uganda, and occasionally i deal in used clothes as well at times i find my stock wanting and that is what i intend to do with the loan money that is to stock my business.my occasinal business in cereals(rice) from Bunyala can only be conducted when the prices are favourably as my economies of scale is low such loans would enable me increase the economies of scale and the combined proceeds of this two businesses will enable me to pay the loan comfortably i currently need about $850.
Towards the end of last year and the begining of this year the country experienced a dry spell till march currrently we have a lot of rain and with it has come a high demand for jackets to ward of the cold, I therefor intend to capitalize on the weather and stock on jacket with the price of a bale going at Kes 38,000 i will buy this if my loan application is granted and Kes 2000 meeting the transport costs.Tank you in advance.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$461.00
Date disbursed
May 29, 2015
Repayment status
On Time
Projected term
8 months
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Amount repaid
$485.37
Amount remaining
$0.00
Date repaid
Jan 2, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 7, 2015 | $9.91 | Jun 13, 2015 | $9.91 |
Jun 14, 2015 | $9.91 | Jun 13, 2015 | $9.91 |
Jun 21, 2015 | $9.91 | Jun 13, 2015 | $9.91 |
Jun 28, 2015 | $9.91 | Jun 13, 2015 | $1.86 |
Jun 21, 2015 | $8.04 | ||
Jul 5, 2015 | $9.91 | Jun 21, 2015 | $7.75 |
Jun 29, 2015 | $2.16 | ||
Jul 12, 2015 | $9.91 | Jun 29, 2015 | $9.91 |
Jul 19, 2015 | $9.91 | Jun 29, 2015 | $3.73 |
Jul 6, 2015 | $6.18 | ||
Jul 26, 2015 | $9.91 | Jul 6, 2015 | $9.61 |
Jul 13, 2015 | $0.29 | ||
Aug 2, 2015 | $9.91 | Jul 13, 2015 | $9.91 |
Aug 9, 2015 | $9.91 | Jul 13, 2015 | $5.59 |
Jul 20, 2015 | $4.32 | ||
Aug 16, 2015 | $9.91 | Jul 20, 2015 | $9.91 |
Aug 23, 2015 | $1.57 | Jul 20, 2015 | $1.57 |
Aug 30, 2015 | $15.79 | Jul 28, 2015 | $15.79 |
Sep 6, 2015 | $15.79 | Aug 2, 2015 | $15.79 |
Sep 13, 2015 | $15.79 | Aug 9, 2015 | $15.79 |
Sep 20, 2015 | $15.79 | Aug 16, 2015 | $15.79 |
Sep 27, 2015 | $15.79 | Aug 23, 2015 | $15.79 |
Oct 4, 2015 | $15.79 | Aug 30, 2015 | $15.79 |
Oct 11, 2015 | $15.79 | Sep 8, 2015 | $15.79 |
Oct 18, 2015 | $15.79 | Sep 11, 2015 | $15.79 |
Oct 25, 2015 | $15.79 | Sep 20, 2015 | $15.79 |
Nov 1, 2015 | $15.79 | Sep 26, 2015 | $15.79 |
Nov 8, 2015 | $15.79 | Oct 5, 2015 | $15.79 |
Nov 15, 2015 | $15.79 | Oct 11, 2015 | $15.79 |
Nov 22, 2015 | $15.79 | Oct 17, 2015 | $15.79 |
Nov 29, 2015 | $15.79 | Oct 24, 2015 | $15.79 |
Dec 6, 2015 | $15.79 | Oct 31, 2015 | $15.79 |
Dec 13, 2015 | $15.79 | Nov 7, 2015 | $15.79 |
Dec 20, 2015 | $15.79 | Nov 15, 2015 | $15.79 |
Dec 27, 2015 | $15.79 | Nov 21, 2015 | $15.79 |
Jan 3, 2016 | $15.79 | Nov 27, 2015 | $15.79 |
Jan 10, 2016 | $15.79 | Dec 5, 2015 | $15.79 |
Jan 17, 2016 | $15.79 | Dec 14, 2015 | $15.79 |
Jan 24, 2016 | $15.79 | Dec 20, 2015 | $15.79 |
Jan 31, 2016 | $27.47 | Dec 26, 2015 | $15.79 |
Jan 2, 2016 | $11.68 |
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