Entrepreneur
Name
Erick
Member since
January 2015
On-time repayments
168 installments • 20%
About Me
I am the last born of a family of three children and one mother.I did not manage to go to school and neither did my brothers and sisters.We basically hid away in classrooms here and there trying to get an education in the nearby schools without the knowledge of the teaching staff.However i got an education by doing chores for people in the nearby town and managed to attend some primary school at Netima RC Primary school.
My mother would make and sell buns to kids at break in the nearby Netima RC Primary school and i would be by her side wrapping the buns which we sold at 5kshs per bun (approx 0.05 US cents). My mother was a very hardworking woman and she managed to raise us well.We never went hungry and we were always helping her in our farm where we kept local chicken and goats.
My Business
Because of how i grew up i learned how to make the buns but after selling these since i was in my teenage years i now move on a bicycle with a large supplies box and reach into the village supplying items to those shops which i have bought in Bungoma town and which those shops find hard to access by going to Bungoma town.So i buy supplies from wholesalers in the main Bungoma town such as Adatia wholesalers,Khetia and Buyako wholesalers and then ride my bicycle through the reserves/ through the rural area shops supplying them at a discounted fee but at a fee that is safe enough for me to make a profit.Many of these rural shops get their supplies by sending motorbike riders who charge them to and from the wholesalers so i give them an easier way to access products while making a daily profit for myself.I supply bathing soap,detergents, womens sanitary towels,radio batteries/cells, sweets etc
I am in the process of buying a motorbike to use in supplying my goods to shops and other clients and have even paid a part of the motorbikes price,about 20% and still paying.
Loan Proposal
I will buy 10 milk cartons each costing 5$ each,3 cartons of sweets costing 3$ and candles worth 5$.I will also purchase tea thats sold in satchets worth 3$.And since Christmas is around the corner i will buy balloons worth2$.With the above stock i will be able to make a profit of 6$ per week.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$90.00
Date disbursed
Dec 7, 2016
Repayment status
Late
Projected term
20 months
Other loans
Lenders
Summary
Amount repaid
$7.85
Amount remaining
$81.94
Expected completion
Aug 19, 2018
Status
Repaying late
Installment amount
$1.01
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 18, 2016 | $4.31 | Dec 18, 2016 | $4.31 |
| Dec 25, 2016 | $0.00 | ||
| Jan 1, 2017 | $0.00 | ||
| Jan 8, 2017 | $1.01 | Jan 16, 2017 | $0.12 |
| Jan 16, 2017 | $0.89 | ||
| Jan 15, 2017 | $1.01 | Jan 16, 2017 | $0.20 |
| Oct 22, 2018 | $0.40 | ||
| Oct 28, 2018 | $0.40 | ||
| Jan 22, 2017 | $1.01 | Oct 28, 2018 | $0.11 |
| Nov 14, 2018 | $0.40 | ||
| Jan 30, 2019 | $0.49 | ||
| Jan 29, 2017 | $1.01 | Jan 30, 2019 | $0.51 |
| Feb 5, 2017 | $1.01 | ||
| Feb 12, 2017 | $1.01 | ||
| Feb 19, 2017 | $1.01 | ||
| Feb 26, 2017 | $1.01 | ||
| Mar 5, 2017 | $1.01 | ||
| Mar 12, 2017 | $1.01 | ||
| Mar 19, 2017 | $1.01 | ||
| Mar 26, 2017 | $1.01 | ||
| Apr 2, 2017 | $1.01 | ||
| Apr 9, 2017 | $1.01 | ||
| Apr 16, 2017 | $1.01 | ||
| Apr 23, 2017 | $1.01 | ||
| Apr 30, 2017 | $1.01 | ||
| May 7, 2017 | $1.01 | ||
| May 14, 2017 | $1.01 | ||
| May 21, 2017 | $1.01 | ||
| May 28, 2017 | $1.01 | ||
| Jun 4, 2017 | $1.01 | ||
| Jun 11, 2017 | $1.01 | ||
| Jun 18, 2017 | $1.01 | ||
| Jun 25, 2017 | $1.01 | ||
| Jul 2, 2017 | $1.01 | ||
| Jul 9, 2017 | $1.01 | ||
| Jul 16, 2017 | $1.01 | ||
| Jul 23, 2017 | $1.01 | ||
| Jul 30, 2017 | $1.01 | ||
| Aug 6, 2017 | $1.01 | ||
| Aug 13, 2017 | $1.01 | ||
| Aug 20, 2017 | $1.01 | ||
| Aug 27, 2017 | $1.01 | ||
| Sep 3, 2017 | $1.01 | ||
| Sep 10, 2017 | $1.01 | ||
| Sep 17, 2017 | $1.01 | ||
| Sep 24, 2017 | $1.01 | ||
| Oct 1, 2017 | $1.01 | ||
| Oct 8, 2017 | $1.01 | ||
| Oct 15, 2017 | $1.01 | ||
| Oct 22, 2017 | $1.01 | ||
| Oct 29, 2017 | $1.01 | ||
| Nov 5, 2017 | $1.01 | ||
| Nov 12, 2017 | $1.01 | ||
| Nov 19, 2017 | $1.01 | ||
| Nov 26, 2017 | $1.01 | ||
| Dec 3, 2017 | $1.01 | ||
| Dec 10, 2017 | $1.01 | ||
| Dec 17, 2017 | $1.01 | ||
| Dec 24, 2017 | $1.01 | ||
| Dec 31, 2017 | $1.01 | ||
| Jan 7, 2018 | $1.01 | ||
| Jan 14, 2018 | $1.01 | ||
| Jan 21, 2018 | $1.01 | ||
| Jan 28, 2018 | $1.01 | ||
| Feb 4, 2018 | $1.01 | ||
| Feb 11, 2018 | $1.01 | ||
| Feb 18, 2018 | $1.01 | ||
| Feb 25, 2018 | $1.01 | ||
| Mar 4, 2018 | $1.01 | ||
| Mar 11, 2018 | $1.01 | ||
| Mar 18, 2018 | $1.01 | ||
| Mar 25, 2018 | $1.01 | ||
| Apr 1, 2018 | $1.01 | ||
| Apr 8, 2018 | $1.01 | ||
| Apr 15, 2018 | $1.01 | ||
| Apr 22, 2018 | $1.01 | ||
| Apr 29, 2018 | $1.01 | ||
| May 6, 2018 | $1.01 | ||
| May 13, 2018 | $1.01 | ||
| May 20, 2018 | $1.01 | ||
| May 27, 2018 | $1.01 | ||
| Jun 3, 2018 | $1.01 | ||
| Jun 10, 2018 | $1.01 | ||
| Jun 17, 2018 | $1.01 | ||
| Jun 24, 2018 | $1.01 | ||
| Jul 1, 2018 | $1.01 | ||
| Jul 8, 2018 | $1.01 | ||
| Jul 15, 2018 | $1.01 | ||
| Jul 22, 2018 | $1.01 | ||
| Jul 29, 2018 | $1.01 | ||
| Aug 5, 2018 | $1.01 | ||
| Aug 12, 2018 | $1.01 | ||
| Aug 19, 2018 | $0.87 | ||
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