Godfrey
Kakamega Joyland, Kenya
100% repaid
Name
Godfrey
Member since
May 2014
On-time repayments
258 installments • 90%
I am a young Kenyan Male residing in Kakamega Town. I am a graduate of Egerton and Jomo kenyatta University and have worked as a banker for the last 9 years with Barclays bank of Kenya and later Equity bank. I have passion for business and i do engage in supplies of general office equipment and commercial poultry farming. I do also engage in the sale of second hand clothes on a small scale. I have learned to get determined in whatever income generating activity that i engage in and hence this has made me succeed in most cases.
I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $960 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.
I am targeting the December Christmas festive season where sales for clothes rice. I wish to raise about $130 to enable me have good stock of at-least 2 bales of ladies tops. i have analyzed the market and i have seen a rise in the trend of buying.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$137.00
Date disbursed
Oct 29, 2014
Repayment status
On Time
Projected term
2 months
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Amount repaid
$139.59
Amount remaining
$0.00
Date repaid
Dec 29, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 9, 2014 | $15.50 | Nov 10, 2014 | $15.50 |
Nov 16, 2014 | $15.50 | Nov 10, 2014 | $0.01 |
Nov 16, 2014 | $15.49 | ||
Nov 23, 2014 | $15.50 | Nov 22, 2014 | $15.50 |
Nov 30, 2014 | $15.50 | Nov 22, 2014 | $15.50 |
Dec 7, 2014 | $15.50 | Nov 22, 2014 | $15.50 |
Dec 14, 2014 | $15.50 | Nov 22, 2014 | $15.50 |
Dec 21, 2014 | $15.50 | Dec 22, 2014 | $15.50 |
Dec 28, 2014 | $15.50 | Dec 27, 2014 | $15.50 |
Jan 4, 2015 | $15.59 | Dec 29, 2014 | $15.59 |
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