Entrepreneur
Name
William
Member since
February 2015
On-time repayments
55 installments • 18%
About Me
I am William,born in 1981 and bred in the rural areas of south Nyanza .where I started my education from primary to secondary school level.I later came to the city where I did my college education.I Started my business two years ago in the estate where I live.I raised seed capital from my brother who gave me five thousand shillings as my start up capital,I also took some utensils from our house to use in the business,the premise was not usually in use so as the landlord had no hard time leasing it out. from then it has been growing steadily up to date.I like spending time with my family and traveling alot.
My Business
I operate a restaurant my estate,its near my residence,it mainly caters for the neighborhood especially the bachelors who do not have time to go and cook .It is an essential business since nobody can evade hunger and due to its satisfying the basic human needs its profitable. I employ two workers who help me in the day to day running of the business.in a good day I can make a profit of three thousand shillings after deducting all the expenses.this helps me to pay business rent at ten thousand shillings pay my workers and take care of my kids school fees and also save for the business.
Loan Proposal
When granted the loan,I would like to spend three thousand shillings to buy a machine for making chips,this will help boost my revenue as the product is popular with the youths and children and its not available in the neighborhood.I will spend two thousand shillings to expand the facility, one thousand shillings to procure more utensils and the remaining two thousand would be ploughed back to the business as capital.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 10, 2015
Repayment status
Late
Projected term
12 months
Lenders
Freeville, United States
Perryville, United States
Summary
Amount repaid
$22.78
Amount remaining
$87.30
Expected completion
Mar 6, 2016
Status
Repaying late
Installment amount
$2.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2015 | $2.00 | Feb 21, 2015 | $2.00 |
| Mar 1, 2015 | $2.00 | Feb 21, 2015 | $0.11 |
| Feb 28, 2015 | $1.89 | ||
| Mar 8, 2015 | $2.00 | Feb 28, 2015 | $0.11 |
| Mar 8, 2015 | $1.89 | ||
| Mar 15, 2015 | $2.00 | Mar 15, 2015 | $2.00 |
| Mar 22, 2015 | $2.00 | Mar 22, 2015 | $2.00 |
| Mar 29, 2015 | $2.00 | Mar 28, 2015 | $2.00 |
| Apr 5, 2015 | $2.00 | Apr 10, 2015 | $2.00 |
| Apr 12, 2015 | $2.00 | Apr 10, 2015 | $0.22 |
| Apr 27, 2015 | $1.78 | ||
| Apr 19, 2015 | $2.00 | Apr 27, 2015 | $0.44 |
| May 11, 2015 | $1.56 | ||
| Apr 26, 2015 | $2.00 | May 11, 2015 | $1.22 |
| Jun 24, 2015 | $0.78 | ||
| May 3, 2015 | $2.00 | Jun 24, 2015 | $1.44 |
| Sep 1, 2015 | $0.56 | ||
| May 10, 2015 | $2.00 | Sep 1, 2015 | $0.78 |
| May 17, 2015 | $2.00 | ||
| May 24, 2015 | $2.00 | ||
| May 31, 2015 | $2.00 | ||
| Jun 7, 2015 | $2.00 | ||
| Jun 14, 2015 | $2.00 | ||
| Jun 21, 2015 | $2.00 | ||
| Jun 28, 2015 | $2.00 | ||
| Jul 5, 2015 | $2.00 | ||
| Jul 12, 2015 | $2.00 | ||
| Jul 19, 2015 | $2.00 | ||
| Jul 26, 2015 | $2.00 | ||
| Aug 2, 2015 | $2.00 | ||
| Aug 9, 2015 | $2.00 | ||
| Aug 16, 2015 | $2.00 | ||
| Aug 23, 2015 | $2.00 | ||
| Aug 30, 2015 | $2.00 | ||
| Sep 6, 2015 | $2.00 | ||
| Sep 13, 2015 | $2.00 | ||
| Sep 20, 2015 | $2.00 | ||
| Sep 27, 2015 | $2.00 | ||
| Oct 4, 2015 | $2.00 | ||
| Oct 11, 2015 | $2.00 | ||
| Oct 18, 2015 | $2.00 | ||
| Oct 25, 2015 | $2.00 | ||
| Nov 1, 2015 | $2.00 | ||
| Nov 8, 2015 | $2.00 | ||
| Nov 15, 2015 | $2.00 | ||
| Nov 22, 2015 | $2.00 | ||
| Nov 29, 2015 | $2.00 | ||
| Dec 6, 2015 | $2.00 | ||
| Dec 13, 2015 | $2.00 | ||
| Dec 20, 2015 | $2.00 | ||
| Dec 27, 2015 | $2.00 | ||
| Jan 3, 2016 | $2.00 | ||
| Jan 10, 2016 | $2.00 | ||
| Jan 17, 2016 | $2.00 | ||
| Jan 24, 2016 | $2.00 | ||
| Jan 31, 2016 | $2.00 | ||
| Feb 7, 2016 | $2.00 | ||
| Feb 14, 2016 | $2.00 | ||
| Feb 21, 2016 | $2.00 | ||
| Feb 28, 2016 | $2.00 | ||
| Mar 6, 2016 | $2.08 | ||
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