Name
John
Member since
October 2019
On-time repayments
15 installments • 60%
I am John maina, Kenyan aged 30 yrs and a proud father of two boys. I was born in Nairobi kayole estate where I went to imara primary school. I then went to ofafa Jericho high school and later Kenya polytechnic college where I did my diploma in accountancy.
I started doing business in 2019 where I started selling old and new bags at kayole junction. The business was doing well until I was relocated city council to another area. I had to rethink because the sales we shrinking so I opened a shop where I sell things in wholesale and retail. The shop is located in kayole area near Kona market off spine road plot no. A4-637 near blue sky.The shop, which is called Okoa shop, makes an average sale of 150$ per day and with that it's able to pay me 10$ per day and the other 140$ goes back to the shop. I have one employee whom I pay 60$ monthly. The demand is so high that sometimes I am unable to meet it that is why I am requesting for 1500$ for me to have good stock so that the customers may not lack anything. With that amount, the average sales per day will increase to 250$ to 300$ or even 400$ and with that I am sure I will be able to pay myself 25$ to 35$.
I want to use the loan amount to increase my stock. The items that I will buy are 25kgs of rice and 25kg of black beans. The dry grains are a good source of income because people use the for consumption every day.
With the profit that I make every day from my business, it will not be hard to pay the loan. I will do it the way I did my last loan.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$58.00
Date disbursed
Sep 12, 2020
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$58.20
Amount remaining
$0.00
Date repaid
Feb 28, 2022
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 20, 2020 | $9.71 | Sep 20, 2020 | $9.71 |
Sep 27, 2020 | $9.71 | Sep 20, 2020 | $0.02 |
Sep 28, 2020 | $9.69 | ||
Oct 4, 2020 | $9.71 | Sep 28, 2020 | $2.24 |
Oct 5, 2020 | $7.47 | ||
Oct 11, 2020 | $2.22 | Oct 5, 2020 | $2.22 |
Oct 18, 2020 | $0.00 | ||
Oct 25, 2020 | $3.88 | Jan 5, 2021 | $3.88 |
Nov 1, 2020 | $3.88 | Jan 5, 2021 | $0.71 |
Jan 31, 2021 | $3.17 | ||
Nov 8, 2020 | $3.88 | Jan 31, 2021 | $1.41 |
May 31, 2021 | $2.47 | ||
Nov 15, 2020 | $9.71 | May 31, 2021 | $2.12 |
Aug 3, 2021 | $4.59 | ||
Oct 31, 2021 | $3.00 | ||
Nov 22, 2020 | $5.51 | Oct 31, 2021 | $0.67 |
Dec 1, 2021 | $1.83 | ||
Feb 28, 2022 | $3.01 |
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