Upgrade my shop business into an wholesale
Martin
South B, Kenya
100% repaid
Entrepreneur
Name
Martin
Member since
November 2017
On-time repayments
27 installments • 30%
About Me
l am Martin Njogu born in Meru county.
l was educated from primary to university by well wishers.
life was a challenge to me and decided to start a shop business.
At first there was low returns and finally stablished.
I decided to run a wholesale shop from which provides my family with daily bread.
My shop involves selling shop goods and cereals.
In a month I earn ksh 35000 as net income and hope to earn more in future.
My Business
the business provides income from sales about ksh 48000 as gross. the net income from the business is ksh 35000.
the net worth of my business is ksh 0.25 million.
the income provide sustainance to my family need .
Loan Proposal
upgrading my shop to a wholesale will increase my net monthly revenues to sh 40000 per month.
there will be more sales from venture.
on the other hand youth may get employed in my wholesale shop.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$204.00
Date disbursed
Mar 1, 2019
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$204.89
Amount remaining
$0.00
Date repaid
May 18, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 10, 2019 | $17.08 | Mar 12, 2019 | $17.08 |
| Mar 17, 2019 | $17.08 | Apr 19, 2019 | $17.08 |
| Mar 24, 2019 | $17.08 | Apr 19, 2019 | $17.08 |
| Mar 31, 2019 | $17.08 | Apr 19, 2019 | $17.08 |
| Apr 7, 2019 | $17.08 | Apr 19, 2019 | $17.08 |
| Apr 14, 2019 | $17.08 | Apr 19, 2019 | $17.08 |
| Apr 21, 2019 | $17.08 | Apr 19, 2019 | $0.34 |
| Apr 24, 2019 | $16.73 | ||
| Apr 28, 2019 | $17.08 | May 18, 2019 | $17.08 |
| May 5, 2019 | $17.08 | May 18, 2019 | $17.08 |
| May 12, 2019 | $17.08 | May 18, 2019 | $17.08 |
| May 19, 2019 | $17.08 | May 18, 2019 | $17.08 |
| May 26, 2019 | $17.04 | May 18, 2019 | $17.04 |
Ask Martin a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.