Fredrick
Old Sokoni Area (county Council), Kenya
100% repaid
Name
Fredrick
Member since
July 2014
On-time repayments
24 installments • 88%
I am a young gentleman ,being the fifth born in a family of 6 children. I am a Kenyan resident of Naivasha town in Nakuru county,90km from Nairobi city.
I am a business man,dealing with second hand apparels as well as shoes.
Due to dense population growth that has been in Naivasha as a result flower farm located in the area, there has been a vast demand of second hand clothes due to their affordability as a result of low income earning.This has has inspired me to invest on the same and as a result i have been able to create more clientele and i end up making profits. I am self employed as opportunities for formal employment are limited and apparels provide a steady from of income that will sustain me.
I am a second hand apparel dealer, due to dense population growth that has been in Naivasha as a result flower farm located in the area, there has been a vast demand of second hand clothes due to their affordability as a result of their low income earning.This has has inspired me to invest on the same and as a result i have been able to create more clientele and i end up making profits i have plans to grow the business to increase the clientele.currently i do deal in ladys' tops, jeans and shoes.
My business location is behind the Laikipia university college (Naivasha Campus),thus affording me a steady stream of customers all throughout the year.
I am certain due to the particular items on offer and with a reference to my price point,customers will always be making purchases from my shop.
From the business i manage to meet my monthly expenses,both for the shop as well as my rented residence. Therefore any financial channeled into this investment will for sure yield more profits
Dear lenders, I thank you very much for having supported me with my first loan. It helped me very much in my business and I was able to repay it in time and I made some good profits out of it. With this new loan I wish to purchase ladies jackets and shirts for gents. I did some research and discovered there is demand for these wares. Of the total amount of $100 I will for ladies ware and $50 for gents shirts. I hope to be making profits within three months and I shall be able to service my loan accordingly with the income from my current business. I hope that I will be able to be supported again.Thank you.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
Sep 23, 2014
Repayment status
On Time
Projected term
4 months
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Amount repaid
$153.13
Amount remaining
$0.00
Date repaid
Feb 4, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 3, 2014 | $11.67 | Oct 3, 2014 | $11.67 |
Oct 10, 2014 | $11.67 | Oct 3, 2014 | $0.01 |
Oct 10, 2014 | $11.66 | ||
Oct 17, 2014 | $11.67 | Oct 10, 2014 | $0.02 |
Oct 17, 2014 | $11.64 | ||
Oct 24, 2014 | $11.67 | Oct 17, 2014 | $0.03 |
Oct 24, 2014 | $11.63 | ||
Oct 31, 2014 | $11.67 | Oct 24, 2014 | $0.05 |
Oct 24, 2014 | $11.62 | ||
Nov 7, 2014 | $11.67 | Oct 24, 2014 | $0.06 |
Oct 31, 2014 | $11.61 | ||
Nov 14, 2014 | $11.67 | Oct 31, 2014 | $0.07 |
Nov 7, 2014 | $11.60 | ||
Nov 21, 2014 | $11.67 | Nov 7, 2014 | $0.08 |
Nov 21, 2014 | $11.59 | ||
Nov 28, 2014 | $0.00 | ||
Dec 5, 2014 | $5.75 | Nov 21, 2014 | $0.05 |
Dec 5, 2014 | $5.70 | ||
Dec 12, 2014 | $5.75 | Dec 5, 2014 | $0.05 |
Dec 12, 2014 | $5.70 | ||
Dec 19, 2014 | $5.75 | Dec 12, 2014 | $0.05 |
Dec 21, 2014 | $5.70 | ||
Dec 26, 2014 | $5.75 | Dec 21, 2014 | $0.05 |
Dec 28, 2014 | $5.70 | ||
Jan 2, 2015 | $5.75 | Dec 28, 2014 | $0.05 |
Feb 2, 2015 | $5.70 | ||
Jan 9, 2015 | $5.75 | Feb 2, 2015 | $0.05 |
Feb 2, 2015 | $5.70 | ||
Jan 16, 2015 | $5.75 | Feb 2, 2015 | $5.75 |
Jan 23, 2015 | $5.75 | Feb 2, 2015 | $5.75 |
Jan 30, 2015 | $5.75 | Feb 2, 2015 | $5.75 |
Feb 6, 2015 | $8.07 | Feb 2, 2015 | $0.05 |
Feb 4, 2015 | $8.02 |
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