Frank
Kisii, Kenya
100% repaid
Name
Frank
Member since
April 2014
On-time repayments
290 installments • 48%
I am Frank Zablon i come fromm a family of 5 i am the 1st born in my family .I live in kisii town near kisii Bottlers,I am a teacher and also a business man in my free times.I took my education at sameta High School and latter perused my university education at Kisii University for bachelor of education Arts .I started my business of M pesa which helps me to support my self and also my family.I started this business with a capital of 50,000 and makes a profit of 8,000 per month.I love football and also hockey.
I have a self employed business of M pesa and small shop at Kisii town just within the kisii Bus stage,i started it with a capital of 50,000 and makes me a profit of 10000per Month.I started this business to help me bpay the house bills and also support me pay my school fees while i was in school.I request to be given a loan to increase my Float in my Mpesa and also add some stocks besides the Mpesa .Theres a great demand in my business because its just around the stage and its strategically positioned,Its profitable because no much risks are involved .
Currently I am operating an mpesa business and at the same time selling some soft drinks like mineral water and sodas in retail which I normally get from a nearby coca-cola company. Given the amount I have applied for I am intending to subdivide it so that I can add around ksh 13000 equivalent to around 130 us dollars to my mpesa float since this will increase the amount of money I am transacting with and in return increase my commission at the end of the month. The remaining amount shall equally be used to recapitalise my business by adding some stock of soft drinks whose demand is likely to go high as the rainy season is coming to an end soon. This is because for the last few years demand for soft drinks is all high during hot or sunny seasons. With the projected increase of returns I will be able to expand my small business and soon be completely self sustaining. If funded, with my hard working nature and sheer determination my monthly returns are likely to shoot to a figure not less than 15000 or $150. If all goes as planned and my business expands this gives room for employing an assistant thus creating some employment to my fellow jobless youth and at a long run reducing the increasing rate of social evils in our society.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$266.00
Date disbursed
Jul 13, 2015
Repayment status
On Time
Projected term
12 months
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Amount repaid
$277.95
Amount remaining
$0.00
Date repaid
Jul 31, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 26, 2015 | $6.19 | Jul 25, 2015 | $6.19 |
Aug 2, 2015 | $6.19 | Aug 2, 2015 | $6.19 |
Aug 9, 2015 | $6.19 | Aug 10, 2015 | $6.19 |
Aug 16, 2015 | $6.19 | Aug 16, 2015 | $6.19 |
Aug 23, 2015 | $6.19 | Aug 23, 2015 | $6.19 |
Aug 30, 2015 | $6.19 | Aug 31, 2015 | $6.19 |
Sep 6, 2015 | $4.12 | Sep 6, 2015 | $4.12 |
Sep 13, 2015 | $4.12 | Sep 13, 2015 | $4.12 |
Sep 20, 2015 | $4.12 | Sep 20, 2015 | $4.12 |
Sep 27, 2015 | $4.12 | Sep 27, 2015 | $4.12 |
Oct 4, 2015 | $4.12 | Sep 27, 2015 | $0.72 |
Oct 4, 2015 | $3.40 | ||
Oct 11, 2015 | $4.12 | Oct 4, 2015 | $0.10 |
Oct 11, 2015 | $4.02 | ||
Oct 18, 2015 | $4.12 | Oct 11, 2015 | $0.10 |
Oct 17, 2015 | $4.02 | ||
Oct 25, 2015 | $4.12 | Oct 17, 2015 | $0.31 |
Oct 26, 2015 | $3.81 | ||
Nov 1, 2015 | $4.12 | Oct 26, 2015 | $1.03 |
Oct 31, 2015 | $3.09 | ||
Nov 8, 2015 | $4.12 | Oct 31, 2015 | $1.55 |
Nov 8, 2015 | $2.58 | ||
Nov 15, 2015 | $4.12 | Nov 8, 2015 | $1.24 |
Nov 15, 2015 | $2.89 | ||
Nov 22, 2015 | $4.12 | Nov 23, 2015 | $4.12 |
Nov 29, 2015 | $2.06 | Dec 1, 2015 | $2.06 |
Dec 6, 2015 | $2.06 | Dec 1, 2015 | $0.21 |
Dec 6, 2015 | $1.86 | ||
Dec 13, 2015 | $2.06 | Dec 6, 2015 | $0.21 |
Dec 14, 2015 | $1.86 | ||
Dec 20, 2015 | $2.06 | Dec 14, 2015 | $0.21 |
Dec 20, 2015 | $1.86 | ||
Dec 27, 2015 | $2.06 | Dec 28, 2015 | $2.06 |
Jan 3, 2016 | $2.06 | Jan 3, 2016 | $2.06 |
Jan 10, 2016 | $2.06 | Jan 3, 2016 | $0.52 |
Jan 11, 2016 | $1.55 | ||
Jan 17, 2016 | $2.06 | Jan 17, 2016 | $2.06 |
Jan 24, 2016 | $2.06 | Jan 24, 2016 | $2.06 |
Jan 31, 2016 | $5.15 | Feb 1, 2016 | $5.15 |
Feb 7, 2016 | $5.15 | Feb 8, 2016 | $5.15 |
Feb 14, 2016 | $5.15 | Feb 14, 2016 | $5.15 |
Feb 21, 2016 | $5.15 | Feb 19, 2016 | $5.15 |
Feb 28, 2016 | $5.15 | Feb 19, 2016 | $5.15 |
Mar 6, 2016 | $5.15 | Feb 19, 2016 | $5.15 |
Mar 13, 2016 | $5.15 | Feb 19, 2016 | $5.15 |
Mar 20, 2016 | $5.15 | Mar 19, 2016 | $5.15 |
Mar 27, 2016 | $5.15 | Mar 27, 2016 | $5.15 |
Apr 3, 2016 | $5.15 | Apr 3, 2016 | $5.15 |
Apr 10, 2016 | $5.15 | Apr 10, 2016 | $5.15 |
Apr 17, 2016 | $5.15 | Apr 16, 2016 | $5.15 |
Apr 24, 2016 | $5.15 | Apr 16, 2016 | $5.15 |
May 1, 2016 | $5.15 | May 1, 2016 | $5.15 |
May 8, 2016 | $5.15 | May 7, 2016 | $5.15 |
May 15, 2016 | $5.15 | May 7, 2016 | $0.08 |
May 16, 2016 | $5.07 | ||
May 22, 2016 | $5.15 | May 16, 2016 | $0.08 |
May 23, 2016 | $4.97 | ||
May 24, 2016 | $0.10 | ||
May 29, 2016 | $5.15 | May 24, 2016 | $0.98 |
May 29, 2016 | $4.18 | ||
Jun 5, 2016 | $5.15 | May 29, 2016 | $0.98 |
Jun 6, 2016 | $4.18 | ||
Jun 12, 2016 | $5.15 | Jun 6, 2016 | $0.77 |
Jun 12, 2016 | $4.38 | ||
Jun 19, 2016 | $5.15 | Jun 12, 2016 | $0.72 |
Jun 20, 2016 | $4.43 | ||
Jun 26, 2016 | $5.15 | Jun 20, 2016 | $0.72 |
Jun 27, 2016 | $4.43 | ||
Jul 3, 2016 | $5.15 | Jul 4, 2016 | $5.15 |
Jul 10, 2016 | $5.15 | Jul 10, 2016 | $5.15 |
Jul 17, 2016 | $15.46 | Jul 16, 2016 | $15.46 |
Jul 24, 2016 | $15.46 | Jul 25, 2016 | $15.46 |
Jul 31, 2016 | $18.15 | Jul 25, 2016 | $13.92 |
Jul 31, 2016 | $4.24 |
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