Entrepreneur
Name
Eliud
Member since
October 2016
On-time repayments
58 installments • 19%
About Me
I am Kibet Eliud born in a family of four children and went to Nakuru primary school and later joined njoro boys high school.i completed my education without any hardship.i started facing hardship when i finished university,i searched for job for two years until i was tired and that is when i started thinking of starting my own business.the unique thing in my town is the great rift.in my past time i always like to meet my friends for more advice's in life.I am now with family.I have a lovely wife who is expecting our first born child.
My Business
I sell blocks for building houses in my plot.this blocks are useful to the community and in high demand because many people are doing construction investment.i choose this kind of business because i saw many people going far to buy blocks so i decided to bring this blocks near to the people.i sell around 10,000 blocks in a day,which i make KES 3200/- a day as profit.By making this profit i am able to pay my workers,pay my young sister school fees and save for my future investment.I now have a family and iam also taking care of them from the business.I have invested back to business and iam able to produce more than 20,000 blocks a day.
Loan Proposal
I want to buy two wheelbarrows for my workers to be able to transport the blocks to the nearby customers,buying this wheelbarrows will cost me $50.when i buy this wheelbarrow i will be able to great more customers because i will reduce transportation cost for them and by the increase of customers my profit will increase by 25% profit.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 6, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Summary
Amount repaid
$21.60
Amount remaining
$0.00
Date repaid
Dec 28, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 14, 2016 | $1.01 | Oct 6, 2016 | $1.01 |
| Oct 21, 2016 | $0.00 | ||
| Oct 28, 2016 | $1.01 | Oct 27, 2016 | $1.01 |
| Nov 4, 2016 | $1.01 | Oct 27, 2016 | $1.01 |
| Nov 11, 2016 | $1.01 | Nov 5, 2016 | $1.01 |
| Nov 18, 2016 | $1.01 | Nov 6, 2016 | $1.01 |
| Nov 25, 2016 | $1.01 | Nov 6, 2016 | $1.01 |
| Dec 2, 2016 | $1.01 | Nov 6, 2016 | $1.01 |
| Dec 9, 2016 | $1.01 | Nov 13, 2016 | $1.01 |
| Dec 16, 2016 | $1.01 | Nov 13, 2016 | $1.01 |
| Dec 23, 2016 | $1.01 | Nov 13, 2016 | $1.01 |
| Dec 30, 2016 | $1.01 | Nov 13, 2016 | $1.01 |
| Jan 6, 2017 | $1.01 | Dec 11, 2016 | $1.01 |
| Jan 13, 2017 | $1.01 | Dec 27, 2016 | $1.01 |
| Jan 20, 2017 | $1.01 | Dec 27, 2016 | $1.01 |
| Jan 27, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Feb 3, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Feb 10, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Feb 17, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Feb 24, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Mar 3, 2017 | $1.01 | Dec 28, 2016 | $1.01 |
| Mar 10, 2017 | $1.43 | Dec 28, 2016 | $1.43 |
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