Entrepreneur
Name
Duncan
Member since
September 2018
On-time repayments
23 installments • 61%
About Me
I am 43 years old business graduate, married, and a father of two children. Before I ventured into business 10 years ago, I was employed as a management accountant where I worked for 13 years.
I decided to venture into business full time to pursue my long-time hobby in order to improve my standard of living and also create employment opportunities for young people.
My Business
I have been operating the timber business, for the last ten years. Initially, I took it as a hobby which I was only engaging on weekends only.
Five years ago, I decided to resign from my employment and concentrate on the business full time. I have since expanded and acquired milling machines in order to reduce costs and also be able to offer market competitive prices.
I have engaged 10 people on a full-time basis and 7 on a casual basis.
Loan Proposal
This loan will be used in offsetting wages for casual labourers engaged in the farm. 5 casuals @ 4 USD for 3 days. Total USD 60.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$54.84
Date disbursed
Jan 9, 2019
Repayment status
Late
Projected term
4 weeks
Other loans
Lenders
Houston, United States
Australia
Summary
Amount repaid
$95.97
Amount remaining
$0.00
Date repaid
Feb 4, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 18, 2019 | $27.42 | Feb 4, 2019 | $27.42 |
| Jan 25, 2019 | $27.41 | Feb 4, 2019 | $13.71 |
| Feb 1, 2019 | $27.42 | ||
| Feb 8, 2019 | $13.71 | ||
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