Simon

Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

December 2011

On-time repayments

150 installments  •  11%

About Me

I am married and i have lived in Ongata rongai for ten years , i have been doing small business in Kwale area of ongata rongai I started a business after not finding a job i borrowed a small capital from my family in 2002 where i sell electrical s and hardware accessories.with the earnings i make from the business i feed my family and educate my sibling and support my parents.

My Business

I sell basic electrical goods like bulbs ,wire, sockets,extension cables etc and hardware tools like hammer handsaws pliers measuring tapes and other small items. this is a profitable business as the goods are locally sourced and are daily consumables in the homes and construction sites. i operate in densely populated area where there is big flow of customers. In a month i buy goods worth kshs25000 and the monthly sales kshs 60000 getting a profit of about 25000- 30000 after deducting the expenses.

Loan Proposal

Thanks"Zidisha" for giving me an opportunity to seek loan through your website. Dear Lenders I am looking for a loan to expand my small business.This being the end of the year the business is good but without enough stock you can't make any profits you will have many customers inquire but no sales.That's the reason i am asking for your support to enable me have enough stock in this season, when customers have enough money to buy my supplies. With this loan i plan to buy more merchandise which are first moving and high returns , Be sure that your loan will help and i promise that i will pay back in total and in good time. thanks and Almighty bless you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Dec 3, 2012

Repayment status

On Time

Projected term

11 months

Lenders

A

Anninymouse

Southampton, United Kingdom

Kylie

Mount Martha, Australia

C

chkuo

Taipei, Taiwan

davelowe100

Perryville, United States

E

erozlum

Istanbul, Turkey

DeanDropshot

Oslo, Norway

C

Coldspring

West Plains, MO, United States

L

Lemon

Switzerland, Switzerland

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

M

missjoyy

Munich, Germany

J

Jameson

Salt Lake City, United States

G

gustavalberius

Uppsala, Sweden

andreasol

Bielefeld, Germany

G

GoldenPete

Christchurch, New Zealand

J

Jeb33red

Bourne end, United Kingdom

A

AWhitefield

Ipswich, United Kingdom

D

duckdork

De Forest, United States

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Summary

Amount repaid

$568.21

Amount remaining

$0.00

Date repaid

Apr 15, 2013

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 9, 2013 $56.74 Feb 7, 2013 $56.74
Mar 9, 2013 $56.74 Feb 7, 2013 $2.08
Mar 7, 2013 $54.66
Apr 9, 2013 $56.74 Mar 7, 2013 $4.16
Mar 28, 2013 $52.58
May 9, 2013 $56.74 Mar 28, 2013 $56.74
Jun 9, 2013 $56.74 Mar 28, 2013 $56.74
Jul 9, 2013 $56.74 Mar 28, 2013 $56.74
Aug 9, 2013 $56.74 Mar 28, 2013 $12.49
Apr 5, 2013 $44.25
Sep 9, 2013 $56.74 Apr 5, 2013 $56.74
Oct 9, 2013 $56.74 Apr 5, 2013 $16.66
Apr 13, 2013 $40.08
Nov 9, 2013 $56.74 Apr 13, 2013 $42.27
Apr 15, 2013 $14.47

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