Increase stock in my rice-selling business

Jeff Mugambi

Githurai, Kenya

100% repaid

Entrepreneur

Name

Jeff Mugambi

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

with the new loan you are giving me, am planning to expand my business. i will increase my stock levels to reach many more customers.
as i mentioned previously, have established royal customers so with the new stock increase, i will be able to maintain them well and be reliable in terms of supply.
am looking forward to your contribution and help on this, just as you have done on the previous loans.
thank you again and God bless you Big.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$111.00

Date disbursed

Mar 18, 2016

Repayment status

On Time

Projected term

20 months

Lenders

C

cjmenchaca

Austin, United States

Paul Buchheit

Mountain View, United States

lyalljellyman

Wellington, New Zealand

C

Crainster

Chapel Hill, United States

J

Jenny

United Kingdom

SL

Samuel Le

Seattle, WA, United States

PG

Paul Graham

United States

E

EABF

Netherlands

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Curious Customs

Austin, Texas, United States

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Summary

Amount repaid

$121.69

Amount remaining

$0.00

Date repaid

Mar 12, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 27, 2016 $2.01 Apr 11, 2016 $2.01
Apr 3, 2016 $2.01 Apr 11, 2016 $2.01
Apr 10, 2016 $0.00
Apr 17, 2016 $1.01 Apr 30, 2016 $1.01
Apr 24, 2016 $1.01 Apr 30, 2016 $1.01
May 1, 2016 $1.01 Apr 30, 2016 $1.01
May 8, 2016 $1.01 May 4, 2016 $1.01
May 15, 2016 $1.01 May 23, 2016 $1.01
May 22, 2016 $1.01 May 23, 2016 $1.01
May 29, 2016 $1.01 Jun 7, 2016 $1.01
Jun 5, 2016 $1.01 Jun 7, 2016 $1.01
Jun 12, 2016 $1.01 Jul 1, 2016 $1.01
Jun 19, 2016 $1.01 Jul 1, 2016 $1.01
Jun 26, 2016 $1.01 Jul 1, 2016 $1.01
Jul 3, 2016 $1.01 Jul 1, 2016 $1.01
Jul 10, 2016 $1.01 Jul 1, 2016 $1.01
Jul 17, 2016 $1.01 Jul 31, 2016 $1.01
Jul 24, 2016 $1.01 Jul 31, 2016 $1.01
Jul 31, 2016 $1.01 Jul 31, 2016 $1.01
Aug 7, 2016 $1.01 Jul 31, 2016 $1.01
Aug 14, 2016 $1.01 Aug 22, 2016 $1.01
Aug 21, 2016 $1.01 Aug 22, 2016 $1.01
Aug 28, 2016 $1.01 Oct 5, 2016 $1.01
Sep 4, 2016 $1.01 Oct 5, 2016 $1.01
Sep 11, 2016 $1.01 Oct 5, 2016 $1.01
Sep 18, 2016 $1.01 Oct 5, 2016 $1.01
Sep 25, 2016 $1.01 Oct 5, 2016 $1.01
Oct 2, 2016 $1.01 Oct 5, 2016 $1.01
Oct 9, 2016 $1.01 Oct 5, 2016 $1.01
Oct 16, 2016 $1.01 Oct 5, 2016 $1.01
Oct 23, 2016 $1.01 Oct 5, 2016 $1.01
Oct 30, 2016 $1.01 Oct 5, 2016 $1.01
Nov 6, 2016 $1.01 Nov 3, 2016 $1.01
Nov 13, 2016 $1.01 Nov 3, 2016 $1.01
Nov 20, 2016 $1.01 Dec 8, 2016 $1.01
Nov 27, 2016 $1.01 Dec 8, 2016 $1.01
Dec 4, 2016 $1.01 Dec 8, 2016 $1.01
Dec 11, 2016 $1.01 Dec 8, 2016 $1.01
Dec 18, 2016 $1.01 Dec 8, 2016 $1.01
Dec 25, 2016 $1.01 Jan 11, 2017 $1.01
Jan 1, 2017 $1.01 Jan 11, 2017 $1.01
Jan 8, 2017 $1.01 Jan 11, 2017 $1.01
Jan 15, 2017 $1.01 Jan 11, 2017 $1.01
Jan 22, 2017 $1.01 Jan 24, 2017 $1.01
Jan 29, 2017 $1.01 Jan 24, 2017 $1.01
Feb 5, 2017 $1.01 Feb 27, 2017 $1.01
Feb 12, 2017 $1.01 Feb 27, 2017 $1.01
Feb 19, 2017 $1.01 Mar 3, 2017 $1.01
Feb 26, 2017 $1.01 Mar 3, 2017 $1.01
Mar 5, 2017 $1.01 Mar 3, 2017 $1.01
Mar 12, 2017 $1.01 Apr 4, 2017 $1.01
Mar 19, 2017 $1.01 Apr 4, 2017 $1.01
Mar 26, 2017 $1.01 Apr 4, 2017 $1.01
Apr 2, 2017 $1.01 Apr 4, 2017 $1.01
Apr 9, 2017 $1.01 May 3, 2017 $1.01
Apr 16, 2017 $1.01 May 3, 2017 $1.01
Apr 23, 2017 $1.01 May 3, 2017 $1.01
Apr 30, 2017 $1.01 May 3, 2017 $1.01
May 7, 2017 $1.01 Jun 8, 2017 $1.01
May 14, 2017 $1.01 Jun 8, 2017 $1.01
May 21, 2017 $1.01 Jun 8, 2017 $1.01
May 28, 2017 $1.01 Jun 8, 2017 $1.01
Jun 4, 2017 $1.01 Jun 8, 2017 $0.50
Jul 7, 2017 $0.50
Jun 11, 2017 $1.01 Jul 7, 2017 $1.01
Jun 18, 2017 $1.01 Jul 7, 2017 $1.01
Jun 25, 2017 $1.01 Jul 7, 2017 $0.50
Jul 29, 2017 $0.50
Jul 2, 2017 $1.01 Jul 29, 2017 $1.01
Jul 9, 2017 $1.01 Jul 29, 2017 $1.01
Jul 16, 2017 $1.01 Jul 29, 2017 $1.01
Jul 23, 2017 $1.01 Jul 29, 2017 $1.01
Jul 30, 2017 $1.01 Jul 29, 2017 $1.01
Aug 6, 2017 $1.01 Sep 3, 2017 $1.01
Aug 13, 2017 $1.01 Sep 3, 2017 $1.01
Aug 20, 2017 $1.01 Sep 3, 2017 $1.01
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $5.04 Oct 7, 2017 $5.04
Oct 15, 2017 $5.04 Oct 16, 2017 $5.04
Oct 22, 2017 $5.04 Oct 16, 2017 $5.04
Oct 29, 2017 $0.20 Oct 16, 2017 $0.20
Nov 5, 2017 $30.22 Oct 16, 2017 $19.75
Jan 15, 2018 $4.03
Jan 28, 2018 $2.01
Mar 12, 2018 $4.42
Nov 12, 2017 $0.61 Mar 12, 2018 $0.61

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