Name
Justine
Member since
April 2013
On-time repayments
16 installments • 6%
My name is Justine Makori Kenyan citizen and single. Actually I live in Nakuru County in Shabarb I did my K.C.S.E level due to financial problems I joined computer college . However, there has been so many challenges in this field due to competition since most people do this course after they done their form four exam and therefore the employment opportunities become very minimal due to high population with such a profession.
This forced me to start a small business where am selling potatoes in a small store. Here is where am getting my dairy bread as well as sustaining my business.
Currently I have a small potatoes store where am selling potatoes . My store is normally known as Justine wa viazi . I do sell potatoes my to customers in Kilos and also to other people who wants 90kg sacks. I have many customers since I don't select the one who are buying many kilos or sacks, I do treat them equally and therefore attracting more customers. This has helped me since most people who are in the same business favor the customers who are buying in large quantities and this discourages the customers who want small quantities.
This business is not bad since I normally collect the potatoes early before all the farmers harvest hence I got the potatoes with a very lower cost. After I normally sell the stock in April to May where I made high profits since the prices at that time normally shoot.
I may buy one sack of maize at Ksh.1200 direct from the farmers and manage to sell it at Ksh.2600 thus making supernormal profit.
Since I have a potatoes store I will use this loan to add the potatoes store. Actually this business is not bad since I have a lot of clients some are doing business of chips hence the demand is high and therefore my business does not discourage me. This will make me to earn profit which will help me to pay the loan back.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 13, 2013
Repayment status
Late
Projected term
16 months
Amount repaid
$15.80
Amount remaining
$104.40
Expected completion
Aug 15, 2014
Status
Repaying late
Installment amount
$11.27
Expected Payments | Actual Payments | ||
---|---|---|---|
May 15, 2013 | $0.00 | ||
Jun 15, 2013 | $0.00 | ||
Jul 15, 2013 | $0.00 | ||
Aug 15, 2013 | $0.00 | ||
Sep 15, 2013 | $0.00 | ||
Oct 15, 2013 | $11.27 | Oct 14, 2013 | $11.27 |
Nov 14, 2013 | $11.27 | Dec 17, 2013 | $4.52 |
Dec 14, 2013 | $11.27 | ||
Jan 14, 2014 | $11.27 | ||
Feb 14, 2014 | $11.27 | ||
Mar 15, 2014 | $11.27 | ||
Apr 15, 2014 | $11.27 | ||
May 15, 2014 | $11.27 | ||
Jun 15, 2014 | $11.27 | ||
Jul 15, 2014 | $11.27 | ||
Aug 15, 2014 | $7.46 |
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