Name
Joseph
Member since
February 2015
On-time repayments
252 installments • 34%
MY STORY
I come from Western Kenya a place called Ugenya and but currently I live and work in Eldoret Town. I have been in these Town for the last ten (15) years. I am a marriage man to one woman aged 42 years with five children (four girls and one boy). I have O level Education background also possess a Bachelors degree in Biblical Studies. I have been a Pastor for 10 years. Due to financial challenges and family responsibilities forces me do part time business of selling clothes to minimize financial constraint
About My Business
Besides Pastoring, I have been selling clothes to offices, shops and estates. I chose this business due to high demand by the people who have no time going to the market because of their working condition and various engagements. I also have a shop where I display clothes for sales. My business is always active and promising as the two business support each other.
The business does not face any risk as I select the best clothes from main market and stock them in my shop and sell others at mobile shop. My monthly cost of running the business is $ 90 while average Gross profit before the expenses is how I normally use profit approximately $ 70
The following is how I use profits from the business:-
10% I give tithes to church
50% Upkeep i.e. food and clothing
5% Savings
20% Payments of school fees
15% bills, rent and emergencies
Am planning to expand my bussiness and open education centre for nursery school children. Clothes will take 200$ rent and wages 100$ education centre 100$ structures and licence 120$ transportation 45$. It increase my stock and income. Others will benefit because I will employ more and adjust their salaries. The profit margin will as the school will produce some profit. Am expecting an increase of 80 percent.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$571.00
Date disbursed
Jul 6, 2016
Repayment status
On Time
Projected term
13 months
Other loans
Amount repaid
$599.55
Amount remaining
$0.00
Date repaid
Feb 22, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 15, 2016 | $43.36 | Jul 24, 2016 | $43.36 |
Jul 22, 2016 | $43.36 | Jul 29, 2016 | $43.36 |
Jul 29, 2016 | $43.36 | Aug 5, 2016 | $43.36 |
Aug 5, 2016 | $43.36 | Sep 5, 2016 | $43.36 |
Aug 12, 2016 | $43.36 | Sep 5, 2016 | $7.06 |
Sep 21, 2016 | $36.30 | ||
Aug 19, 2016 | $43.36 | Sep 21, 2016 | $9.07 |
Sep 28, 2016 | $34.28 | ||
Aug 26, 2016 | $16.13 | Sep 28, 2016 | $16.13 |
Sep 2, 2016 | $0.00 | ||
Sep 9, 2016 | $0.00 | ||
Sep 16, 2016 | $0.00 | ||
Sep 23, 2016 | $0.00 | ||
Sep 30, 2016 | $5.04 | Sep 29, 2016 | $5.04 |
Oct 7, 2016 | $5.04 | Oct 4, 2016 | $5.04 |
Oct 14, 2016 | $5.04 | Oct 4, 2016 | $5.04 |
Oct 21, 2016 | $5.04 | Oct 21, 2016 | $5.04 |
Oct 28, 2016 | $5.04 | Oct 21, 2016 | $5.04 |
Nov 4, 2016 | $5.04 | Nov 4, 2016 | $5.04 |
Nov 11, 2016 | $5.04 | Nov 4, 2016 | $5.04 |
Nov 18, 2016 | $5.04 | Nov 20, 2016 | $5.04 |
Nov 25, 2016 | $5.04 | Nov 20, 2016 | $5.04 |
Dec 2, 2016 | $5.04 | Dec 3, 2016 | $5.04 |
Dec 9, 2016 | $5.04 | Dec 8, 2016 | $5.04 |
Dec 16, 2016 | $5.04 | Dec 18, 2016 | $5.04 |
Dec 23, 2016 | $5.04 | Dec 24, 2016 | $5.04 |
Dec 30, 2016 | $5.04 | Dec 31, 2016 | $5.04 |
Jan 6, 2017 | $5.04 | Jan 8, 2017 | $5.04 |
Jan 13, 2017 | $5.04 | Jan 8, 2017 | $5.04 |
Jan 20, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
Jan 27, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
Feb 3, 2017 | $5.04 | Feb 5, 2017 | $5.04 |
Feb 10, 2017 | $5.04 | Feb 5, 2017 | $5.04 |
Feb 17, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Feb 24, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Mar 3, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Mar 10, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Mar 17, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Mar 24, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Mar 31, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Apr 7, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Apr 14, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Apr 21, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Apr 28, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
May 5, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
May 12, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
May 19, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
May 26, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jun 2, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jun 9, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jun 16, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jun 23, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jun 30, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jul 7, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jul 14, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jul 21, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Jul 28, 2017 | $5.04 | Feb 6, 2017 | $5.04 |
Aug 4, 2017 | $0.50 | Feb 6, 2017 | $0.50 |
Aug 11, 2017 | $100.94 | Feb 22, 2017 | $100.94 |
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