Sugar, tea leaves, salt and flour for shop
Protus
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Protus
Member since
July 2015
On-time repayments
104 installments • 65%
About Me
I am a graduate teacher and attained this academic level through running a small shop in my small cottage back in the village immediately after my secondary education. this enabled me pay my accommodation and my food while at the university.
i started by selling sweet potatoes i bought directly from farmers and sold to travelers at the market later when i had enough money which was only ksh. 3000.00, i started the shop business.
My Business
I am currently mixing both farming and running a shop that deals with a range of services. i bought an m-kopa solar which is helping me charge phones in the village giving me an average of ksh. 700.00 per week. this has been very interesting as our village is far from electricity and this gave me the advantage of offering phone charging services.
i use the income to build capital in my shop and i am planning to run a supermarket in the next one year.
my sugar cane are ready for harvest and i have completed repaying my first loan. i am applying for my second loan to enable me meet my target by end of September 2016. By that time i will have harvested canes, saved good money though my shop to run a supermarket. i have already identified the location for my supermarket and in October there will be good flow of cash as many farmers will have harvested maize and canes. this will enable me make quick sales for my shop to stabilize before the planting season in March 2017
Loan Proposal
i will acquire another m-kopa solar at $140 to increase the number of phones i charge per day from 10 phones to 20 phones a day. thus increase my income from ksh.150.00 per day to ksh.300.00 per day and averagely from ksh.1,800 per week. this amount of income will enable me increase my capital base and work towards running a super market in one year's time.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Summary
Amount repaid
$104.50
Amount remaining
$0.00
Date repaid
Jan 29, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $4.00 | Aug 15, 2015 | $4.00 |
| Aug 23, 2015 | $4.00 | Aug 15, 2015 | $4.00 |
| Aug 30, 2015 | $4.00 | Sep 1, 2015 | $4.00 |
| Sep 6, 2015 | $4.00 | Sep 11, 2015 | $4.00 |
| Sep 13, 2015 | $4.00 | Sep 11, 2015 | $4.00 |
| Sep 20, 2015 | $4.00 | Sep 28, 2015 | $4.00 |
| Sep 27, 2015 | $4.00 | Sep 28, 2015 | $4.00 |
| Oct 4, 2015 | $4.00 | Oct 9, 2015 | $4.00 |
| Oct 11, 2015 | $4.00 | Oct 9, 2015 | $4.00 |
| Oct 18, 2015 | $4.00 | Oct 24, 2015 | $4.00 |
| Oct 25, 2015 | $4.00 | Oct 24, 2015 | $4.00 |
| Nov 1, 2015 | $4.00 | Nov 12, 2015 | $4.00 |
| Nov 8, 2015 | $4.00 | Nov 12, 2015 | $4.00 |
| Nov 15, 2015 | $4.00 | Nov 17, 2015 | $4.00 |
| Nov 22, 2015 | $4.00 | Nov 17, 2015 | $4.00 |
| Nov 29, 2015 | $4.00 | Nov 17, 2015 | $4.00 |
| Dec 6, 2015 | $4.00 | Jan 13, 2016 | $4.00 |
| Dec 13, 2015 | $4.00 | Jan 13, 2016 | $4.00 |
| Dec 20, 2015 | $4.00 | Jan 13, 2016 | $4.00 |
| Dec 27, 2015 | $4.00 | Jan 13, 2016 | $4.00 |
| Jan 3, 2016 | $4.00 | Jan 13, 2016 | $4.00 |
| Jan 10, 2016 | $4.00 | Jan 13, 2016 | $4.00 |
| Jan 17, 2016 | $4.00 | Jan 27, 2016 | $4.00 |
| Jan 24, 2016 | $4.00 | Jan 27, 2016 | $4.00 |
| Jan 31, 2016 | $4.00 | Jan 29, 2016 | $4.00 |
| Feb 7, 2016 | $4.50 | Jan 29, 2016 | $4.50 |
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