Name
Phenny
Member since
January 2015
On-time repayments
48 installments • 42%
My names are Clemence Chao. I am currently a credit officer with XPlico insurance LTD and also have a mitumba shop operating in town along River road. Am also a student with KEMU University doing my last year. I have always believed in owning a big business that would give me financial freedom. In future I plan to travel to china and other countries so as to bring valuables for sale after I gain financial muscles. Also from the business so that I can raise funds to do my masters.
My main source of income is the salary I earn from my work place. I opened my mitumba business 5 months ago so I am still naturing it so that it can grow and sustain itself in the harsh economic environment. So far so good. While I invested $ 1348.3 and out of this stock was $ 674.2 I have seen it grow to a stock of $ 898.9. I intend to plow back all proceeds to the business until its capital base is good enough.
I wish to increase my current stock which is far affected by the corona. I will purchase new clothes from the local market and sale at a profit . that way I will make it to pay and remain with some small income for use
I plan to sell to offices and houses door to door. in the same note I closed down shop to reduce on rent expense
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$54.00
Date disbursed
Oct 13, 2020
Repayment status
On Time
Projected term
3 months
Other loans
Amount repaid
$54.09
Amount remaining
$0.00
Date repaid
Mar 30, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 20, 2020 | $9.02 | Nov 6, 2020 | $9.02 |
Oct 27, 2020 | $9.02 | Nov 6, 2020 | $0.16 |
Nov 25, 2020 | $8.86 | ||
Nov 3, 2020 | $4.90 | Nov 25, 2020 | $4.90 |
Nov 10, 2020 | $0.00 | ||
Nov 17, 2020 | $0.00 | ||
Nov 24, 2020 | $0.00 | ||
Dec 1, 2020 | $0.00 | ||
Dec 8, 2020 | $3.22 | Dec 9, 2020 | $3.22 |
Dec 15, 2020 | $3.22 | Dec 17, 2020 | $3.22 |
Dec 22, 2020 | $3.22 | Dec 17, 2020 | $0.45 |
Dec 24, 2020 | $2.77 | ||
Dec 29, 2020 | $3.22 | Dec 24, 2020 | $0.90 |
Dec 31, 2020 | $2.32 | ||
Jan 5, 2021 | $3.22 | Jan 7, 2021 | $3.22 |
Jan 12, 2021 | $9.02 | Mar 30, 2021 | $9.02 |
Jan 19, 2021 | $6.04 | Mar 30, 2021 | $6.04 |
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