Entrepreneur
Name
Jeff
Member since
April 2015
On-time repayments
302 installments • 47%
About Me
am a 27 year old business minded guy that loves to make his ideas and dreams come tor reality. my mother tought me that everything is possible, What you need is hope,persistence and try. one year ago i decided to venture into business and here i am running a good business that can comfortably cater for my upkeep. am happy that i also found you guys to boost me financially so as i can move on and fulfill my dreams,because that's all the world entails-dreams that everyone wants to fulfill. my advice to my fellow friends, don't look back, keep looking forward and believe everything is possible in this little universe that God gave us. you just need to try and trust in yourself.
My Business
am working as an IT Officer in an IT organisation at Westlands, Nairobi, Kenya and am earning enough to cater for my upkeep in Nairobi. That's the money am planing to use for payment of the load that am hopping to get. am planing to use the money that i get from you to upgrade my business in terms of stock and in a few months, once am done paying the first loan and you give me an higher one, will be opening a fully stocked retail shop that should make enough of cash to cater for my upkeep. currently am buying and selling rice and so fa the business has been running smoothly. have got quite a number of customers that i deliver to them , thus am soo mobile delivering my product.that's why if i get the second load i will open a shop and can sell my product from this place. Currently i use my profit for personal needs and business upgrade.the reason i chose to venture into rice business its because its a foodstuff that demand is always high, and that its 'best before' dates are much flexible compared to others like fruits and daily products.
Loan Proposal
i have customers that always request me to get them more but i cant manager it, and i got some other customers that wants me to start supplying to them so if i get the load as i requested, i will increase my stock immediately and go make a deal with the new customer as his permanent supplier. will also increase my quantity supplied to the current customers that requests me for more. i usually buy in sacks of 50 kg at 500 ksh (around 5.41 USD ) so will buy 10 sacks of rice and use the other cash for transport and some security. then distribute the rice to my customers. i sells a single Kg at 150 ksh (1.62 USD)thus 50 kg sack gives me 250 ksh (2.7 USD). this will be a boost to my business because i will add my supply, thus increasing my profit incredibly.
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 17, 2015
Repayment status
On Time
Projected term
16 months
Other loans
Lenders
UK, United Kingdom
Saint Augustine, United States
Austin, United States
Sydney, Australia
New York, NY, United States
Tampin, Malaysia
Bremen, Germany
Zwijnaarde, Belgium
Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Mar 6, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 26, 2015 | $2.19 | Apr 26, 2015 | $2.19 |
| May 3, 2015 | $2.19 | May 3, 2015 | $2.19 |
| May 10, 2015 | $2.19 | May 3, 2015 | $0.03 |
| May 10, 2015 | $2.16 | ||
| May 17, 2015 | $2.19 | May 10, 2015 | $0.07 |
| May 18, 2015 | $2.12 | ||
| May 24, 2015 | $2.19 | May 18, 2015 | $0.10 |
| May 24, 2015 | $1.11 | ||
| May 26, 2015 | $0.98 | ||
| May 31, 2015 | $2.19 | May 26, 2015 | $0.13 |
| Jun 1, 2015 | $2.06 | ||
| Jun 7, 2015 | $2.19 | Jun 1, 2015 | $0.17 |
| Jun 8, 2015 | $1.11 | ||
| Jun 8, 2015 | $0.91 | ||
| Jun 14, 2015 | $2.19 | Jun 8, 2015 | $0.03 |
| Jun 15, 2015 | $2.16 | ||
| Jun 21, 2015 | $2.19 | Jun 15, 2015 | $0.07 |
| Jun 30, 2015 | $2.12 | ||
| Jun 28, 2015 | $2.19 | Jun 30, 2015 | $2.19 |
| Jul 5, 2015 | $2.19 | Jun 30, 2015 | $1.24 |
| Jul 6, 2015 | $0.94 | ||
| Jul 12, 2015 | $2.19 | Jul 6, 2015 | $0.17 |
| Jul 13, 2015 | $2.02 | ||
| Jul 19, 2015 | $2.19 | Jul 13, 2015 | $0.20 |
| Jul 20, 2015 | $1.11 | ||
| Aug 2, 2015 | $0.88 | ||
| Jul 26, 2015 | $2.19 | Aug 2, 2015 | $2.19 |
| Aug 2, 2015 | $2.19 | Aug 2, 2015 | $1.38 |
| Aug 12, 2015 | $0.81 | ||
| Aug 9, 2015 | $2.19 | Aug 12, 2015 | $1.41 |
| Aug 27, 2015 | $0.78 | ||
| Aug 16, 2015 | $2.19 | Aug 27, 2015 | $2.19 |
| Aug 23, 2015 | $2.19 | Aug 27, 2015 | $2.19 |
| Aug 30, 2015 | $2.19 | Aug 27, 2015 | $0.40 |
| Sep 5, 2015 | $1.79 | ||
| Sep 6, 2015 | $2.19 | Sep 5, 2015 | $2.19 |
| Sep 13, 2015 | $2.19 | Sep 5, 2015 | $1.58 |
| Sep 16, 2015 | $0.61 | ||
| Sep 20, 2015 | $2.19 | Sep 16, 2015 | $1.61 |
| Sep 23, 2015 | $0.58 | ||
| Sep 27, 2015 | $2.19 | Sep 23, 2015 | $0.53 |
| Sep 27, 2015 | $1.66 | ||
| Oct 4, 2015 | $2.19 | Sep 27, 2015 | $0.57 |
| Oct 7, 2015 | $1.62 | ||
| Oct 11, 2015 | $2.19 | Oct 7, 2015 | $0.04 |
| Oct 26, 2015 | $0.11 | ||
| Nov 4, 2015 | $2.03 | ||
| Oct 18, 2015 | $2.19 | Nov 4, 2015 | $2.19 |
| Oct 25, 2015 | $2.19 | Nov 4, 2015 | $2.19 |
| Nov 1, 2015 | $2.19 | Nov 4, 2015 | $2.19 |
| Nov 8, 2015 | $1.40 | Nov 4, 2015 | $1.40 |
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $0.00 | ||
| Dec 13, 2015 | $1.11 | Dec 7, 2015 | $1.11 |
| Dec 20, 2015 | $1.11 | Dec 7, 2015 | $1.11 |
| Dec 27, 2015 | $1.11 | Jan 4, 2016 | $1.11 |
| Jan 3, 2016 | $1.11 | Jan 4, 2016 | $1.11 |
| Jan 10, 2016 | $1.11 | Jan 4, 2016 | $1.11 |
| Jan 17, 2016 | $1.11 | Feb 6, 2016 | $1.11 |
| Jan 24, 2016 | $1.11 | Feb 6, 2016 | $1.11 |
| Jan 31, 2016 | $1.11 | Feb 6, 2016 | $1.11 |
| Feb 7, 2016 | $1.11 | Feb 6, 2016 | $1.11 |
| Feb 14, 2016 | $1.11 | Feb 22, 2016 | $1.11 |
| Feb 21, 2016 | $1.11 | Feb 22, 2016 | $1.11 |
| Feb 28, 2016 | $1.11 | Feb 22, 2016 | $1.11 |
| Mar 6, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Mar 13, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Mar 20, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Mar 27, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Apr 3, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Apr 10, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Apr 17, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Apr 24, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| May 1, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| May 8, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| May 15, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| May 22, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| May 29, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jun 5, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jun 12, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jun 19, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jun 26, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jul 3, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jul 10, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jul 17, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jul 24, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Jul 31, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Aug 7, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Aug 14, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Aug 21, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Aug 28, 2016 | $1.11 | Mar 6, 2016 | $1.11 |
| Sep 4, 2016 | $0.23 | Mar 6, 2016 | $0.23 |
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