Name
Flora
Member since
June 2014
On-time repayments
93 installments • 20%
My name is Flora, running a business in Nairobi Kenya. I have been pushing solar lamps into to the market as a reseller. my goal is to distribute my own brand of Solar Equipments within Africa.
I have been in business for over ten years. Initially the business was based on waste management which has been shelved temporarily to allow growth in renewable energy as we await government policies on waste management to be implemented.
The Lamps are slow movers however with the introduction of garden lights, torches and street light, the business seem to be stabilizing. I have at least 5 sales representatives who are earning commission on sales. The demand is high however the cost of purchase is a limitation to supply of the demand
With additional loan, I will increase on stocks to ensure the volume of product increases. This will ensure a better 2017 for my business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Dec 16, 2016
Repayment status
On Time
Projected term
2 months
Amount repaid
$9.39
Amount remaining
$0.60
Date repaid
Feb 23, 2017
Status
Fully repaid
Installment amount
$0.60
Next installment
Mar 3, 2017
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 23, 2016 | $1.01 | Dec 26, 2016 | $1.01 |
Dec 30, 2016 | $1.01 | Dec 26, 2016 | $1.01 |
Jan 6, 2017 | $1.01 | Dec 26, 2016 | $1.01 |
Jan 13, 2017 | $1.01 | Dec 26, 2016 | $1.01 |
Jan 20, 2017 | $1.01 | Feb 16, 2017 | $0.40 |
Feb 23, 2017 | $0.60 | ||
Jan 27, 2017 | $1.01 | Feb 23, 2017 | $1.01 |
Feb 3, 2017 | $1.01 | Feb 23, 2017 | $1.01 |
Feb 10, 2017 | $1.01 | Feb 23, 2017 | $1.01 |
Feb 17, 2017 | $1.01 | Feb 23, 2017 | $1.01 |
Feb 24, 2017 | $0.32 | Feb 23, 2017 | $0.32 |
Mar 3, 2017 | $0.60 |
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