To buy stock for my hotel

Joseph

Nairobi, Kenya

13% repaid

Entrepreneur

Name

Joseph

Member since

January 2015

On-time repayments

112 installments  •  6%

About Me

My Names are Joseph Imbali Muloli , I was Born and raised in a remote Village Called maraba in Kakamega county, Western Kenya. Im the second born in a family of seven children. My parents died in 2007 in a Road accident while I was still in school. Life Became more tough for me and my young sisters because I had to pay school Fees for them and myself and this forced me to sell Mangoes and onions in order to pay fees for them and for me too. This made me work Harder and Harder to overcome our Daily problems.
After the complesion of my high school, I had no money to take me to the University so I decided to open a small Hotel from the money I had saved from selling mangoes Which Im still operating till now. I have one child who is in pre-school and He wants to be a Doctor wen He grows up. For me I want to Be an Enterpreneur.

My Business

I Have opened a Hotel that is doing well. I cook food and sell to people at Nairobi industral Area. Food is in High demand because most people prefer to eat in my Hotel than in their homes because of good food i prepare for them. I choose this Business Because every person in the world feels hungry and wants to eat and I like serving people and interacting with people from defferent regions. the profit that I get from this Business, I pay fees for my kid and my young brothers because our parents died and Being the Bread winner I have to take care of them and save the remaining for the growth of the Business. Thank you.

Loan Proposal

Dear Lenders, The following is my Proposal for my Loan:
Maize Flour Three Bales - 30 Dollars
Cooking oil 20 ltrs -20 Dollars
Baking Flour 2 Bales 50 Dollars
If this proposal goes Through, this will help me pay school fees for my Kids, Younger brothers Who are still in school and save to Expand my Business to help The community at Large For Employment and Service. I expect my profit to increase by 30% in the first Two months. Thank you so much.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 9, 2015

Repayment status

Late

Projected term

26 months

Lenders

Zidisha

Sterling, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

Erica

Caledon, Canada

kickerofelves

Sao Paulo, Brazil

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

ShaneS

Port Pirie, Australia

S

Serene

Philadelphia, United States

jan73

Eugene, United States

O

oonbug

United States

Matching Fund

Sterling, United States

M

meric

Australia

KM

Kirsty M

United Kingdom

Robert

Sweden

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Summary

Amount repaid

$16.67

Amount remaining

$114.03

Expected completion

Apr 30, 2017

Status

Repaying late

Installment amount

$2.78

Repayment History

Expected Payments Actual Payments
Feb 22, 2015 $2.22 May 24, 2016 $2.22
Mar 1, 2015 $0.00
Mar 8, 2015 $0.00
Mar 15, 2015 $0.00
Mar 22, 2015 $0.00
Mar 29, 2015 $0.00
Apr 5, 2015 $0.00
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $0.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $0.00
Jun 28, 2015 $0.00
Jul 5, 2015 $0.00
Jul 12, 2015 $0.00
Jul 19, 2015 $0.00
Jul 26, 2015 $0.00
Aug 2, 2015 $0.00
Aug 9, 2015 $0.00
Aug 16, 2015 $0.00
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $0.00
Sep 13, 2015 $0.00
Sep 20, 2015 $0.00
Sep 27, 2015 $0.00
Oct 4, 2015 $0.00
Oct 11, 2015 $0.00
Oct 18, 2015 $0.00
Oct 25, 2015 $0.00
Nov 1, 2015 $0.00
Nov 8, 2015 $0.00
Nov 15, 2015 $0.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $0.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $0.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $2.22 May 28, 2016 $2.22
Jun 5, 2016 $2.22 Jun 4, 2016 $2.22
Jun 12, 2016 $2.22 Jun 12, 2016 $2.22
Jun 19, 2016 $2.22 Jun 19, 2016 $2.22
Jun 26, 2016 $2.22 Jun 26, 2016 $2.22
Jul 3, 2016 $0.00
Jul 10, 2016 $2.22 Jul 11, 2016 $2.22
Jul 17, 2016 $0.00
Jul 24, 2016 $2.78 Jul 25, 2016 $1.11
Jul 31, 2016 $2.78
Aug 7, 2016 $2.78
Aug 14, 2016 $2.78
Aug 21, 2016 $2.78
Aug 28, 2016 $2.78
Sep 4, 2016 $2.78
Sep 11, 2016 $2.78
Sep 18, 2016 $2.78
Sep 25, 2016 $2.78
Oct 2, 2016 $2.78
Oct 9, 2016 $2.78
Oct 16, 2016 $2.78
Oct 23, 2016 $2.78
Oct 30, 2016 $2.78
Nov 6, 2016 $2.78
Nov 13, 2016 $2.78
Nov 20, 2016 $2.78
Nov 27, 2016 $2.78
Dec 4, 2016 $2.78
Dec 11, 2016 $2.78
Dec 18, 2016 $2.78
Dec 25, 2016 $2.78
Jan 1, 2017 $2.78
Jan 8, 2017 $2.78
Jan 15, 2017 $2.78
Jan 22, 2017 $2.78
Jan 29, 2017 $2.78
Feb 5, 2017 $2.78
Feb 12, 2017 $2.78
Feb 19, 2017 $2.78
Feb 26, 2017 $2.78
Mar 5, 2017 $2.78
Mar 12, 2017 $2.78
Mar 19, 2017 $2.78
Mar 26, 2017 $2.78
Apr 2, 2017 $2.78
Apr 9, 2017 $2.78
Apr 16, 2017 $2.78
Apr 23, 2017 $2.78
Apr 30, 2017 $4.03

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