Vincent
Kipsimbol, Kenya
10% repaid
Name
Vincent
Member since
November 2016
On-time repayments
11 installments • 9%
My childhood was enjoyable.I was brought up by parents who are farmers.I have five brothers and one sister.Mostly all of us assisted in farm work during weekends and holidays.My father was and still is a strict person.My parents income albeit being small had all of us finish secondary education.My two brothers are pursuing pharmacy course in Nairobi.As for me i always liked to do business and made friends with people who had businesses in our small town in Ndanai.When i finished form four i stayed at home doing farm work especially dairy cow project.My parents gave me one dairy cow as payment for a good job well done after two years.I sold the cow and started to sell second hand sports shoes with the money.In my area people are athletic and buy sports shoes for practicing .I made enough capital to open a small shoe shop which i have been managing until now.
I sell sports shoes of various kind and sizes.My community most people love athletics and sports shoes are in demand.I had seen that there is no other person offering this business service in the area.My typical costs in a week are KES 15,000/=. My revenue is KES 5000/- in a week.I am saving to enroll in a business course and also to open another shop at Abossi centre soon.I soon want to get married and settle down so some money iam buying household goods.I have a medical cover that i pay for monthly too.
I will do wiring for security purposes for my shoe shop.I will purchase 10 meters cable, 2 bulb holders and switch.The total cost will be $24 including labour cost.It will keep off burglars especially during this Christmas season.It will secure my stock for running the business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Dec 7, 2016
Repayment status
Late
Projected term
2 months
Amount repaid
$1.01
Amount remaining
$9.54
Expected completion
Feb 22, 2017
Status
Repaying late
Installment amount
$1.01
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 14, 2016 | $1.01 | Dec 7, 2016 | $1.01 |
Dec 21, 2016 | $1.01 | ||
Dec 28, 2016 | $1.01 | ||
Jan 4, 2017 | $1.01 | ||
Jan 11, 2017 | $1.01 | ||
Jan 18, 2017 | $1.01 | ||
Jan 25, 2017 | $1.01 | ||
Feb 1, 2017 | $1.01 | ||
Feb 8, 2017 | $1.01 | ||
Feb 15, 2017 | $1.01 | ||
Feb 22, 2017 | $0.47 |
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