Isaac

Kiamunyeki Estate Nakuru, Kenya

100% repaid

Entrepreneur

Name

Isaac

Member since

December 2012

On-time repayments

69 installments  •  42%

About Me

i was born 1982 Nakuru district currently known as Nakuru county in Engashura miles sita (kiamaina)
i joined kiamaina primary school 1989 and completed standard eight in 1989 and later joined Ngorika secondary school 1990 and completed in 1990. after school i started selling cabbages sukuma wiki (kales), green maize and other Agriculture products in Nakuru market both in Top market and the municipal market. i did this job for four years. later i started selling simple electronics in Nakuru town thats hawking items such as torches,spanners, phones chargers and other items.later i opened a small single shop in nakuru town behind jamia mosque.am not yet married but in the process of courtship. i attend full Gospel church in kiamunyeki center. am a member of youth fellowship in the church. academically i achieved a ordinary level and also a certificate in electronic repairs.during my leisure time i also participate in community development visiting the sick in the area.from my business returns i have been able to purchase a small plot in engashura which am planning to develop later in the course of next year

My Business

i started by selling simple electronics in Nakuru town thats hawking items such as torches,spanners, phones chargers and other items.later i opened a small single shop in nakuru town behind Jamia mosque which am currently running at the moment.i sell a variety of simple electronic items such as torches, electricity,fridge guard, flat iron, knives, spoons and spoons,headphones and other accessories. i choose this business because am acquitted better with when i was doing hawking.the products i sell have are highly demanded by customers because of its wide variety. i do get my purchases from suppliers who buys goods from Kampala because their are cheap and also from river road in Nairobi. my customers prefer my business because i sell my products at a cheaper price compared to my competitors and also i had created a good number of customers in Nakuru town.currently i do not face a stiff competition because i look for cheaper sources of my purchases.monthly sales of KES80,000 and total expenses from labor ,license and transport costs of KES30,000. The profit i have been getting i use it to expand my business

Loan Proposal

thank you so much my lenders for your continous finsncial support. my business have been doing so well. i will use my third loan as an addational capital to expand my sales revenue especially this chrismas season. i will buy entertainment gadget which has a very effective demand this seasons due to a very high number of young people who are on holidays. i will purchase flash disk for music storage, memory cards i.e usd cards, compact disk and dvds. am very confident with the items

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$110.00

Date disbursed

Nov 11, 2013

Repayment status

On Time

Projected term

7 months

Lenders

C

chkuo

Taipei, Taiwan

Pierfausto

Rome, Italy

IM

Isak Maaseide

Tromso, Norway, Norway

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

A

Anonymous

United Kingdom

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Summary

Amount repaid

$115.86

Amount remaining

$0.00

Date repaid

Jan 22, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 18, 2013 $16.50 Dec 10, 2013 $16.50
Jan 18, 2014 $16.50 Dec 10, 2013 $1.36
Jan 18, 2014 $15.14
Feb 18, 2014 $16.50 Jan 18, 2014 $0.69
Jan 22, 2014 $15.81
Mar 19, 2014 $16.50 Jan 22, 2014 $16.50
Apr 19, 2014 $16.50 Jan 22, 2014 $16.50
May 19, 2014 $16.50 Jan 22, 2014 $16.50
Jun 19, 2014 $16.50 Jan 22, 2014 $16.50

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