The purpose of this loan is to expand my firewood business
Flora
Sirisia, Bungoma, Kenya
$0 to go
100% funded of $15 goal
0
days left
Entrepreneur
Name
Flora
Member since
March 2017
On-time repayments
15 installments • 0%
About Me
I grew up in bungoma County here in Kenya. Growing up was difficult, my family encountered many problems. I currently live in sirisia. Today, I operate a Firewood business. My goals are to enlarge the business and make it more profitable.
My Business
I sell firewood. I have been operating the business since 2010. Currently, the largest challenge is that prices of the product are going higher. Higher prices result in less sales.
Loan Proposal
The purpose of this loan is to expand my firewood business. This loan will allow me to add stock to my inventory and minimize my debts. With more stock, I make can more sales and subsequently collect more profit. With more profit, I can pay for school fees and continue to add stock to my business.
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Mar 17, 2017
Repayment status
Late
Projected term
3 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$0.00
Amount remaining
$14.63
Expected completion
Jul 1, 2017
Status
Repaying late
Installment amount
$1.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 25, 2017 | $1.00 | ||
| Apr 1, 2017 | $1.00 | ||
| Apr 8, 2017 | $1.00 | ||
| Apr 15, 2017 | $1.00 | ||
| Apr 22, 2017 | $1.00 | ||
| Apr 29, 2017 | $1.00 | ||
| May 6, 2017 | $1.00 | ||
| May 13, 2017 | $1.00 | ||
| May 20, 2017 | $1.00 | ||
| May 27, 2017 | $1.00 | ||
| Jun 3, 2017 | $1.00 | ||
| Jun 10, 2017 | $1.00 | ||
| Jun 17, 2017 | $1.00 | ||
| Jun 24, 2017 | $1.00 | ||
| Jul 1, 2017 | $0.70 | ||
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