Entrepreneur
Name
John Mopel
Member since
September 2009
On-time repayments
55 installments • 15%
About Me
He is married with one wife and five children, of whom four are in school, i.e. 3 in primary school, one is in the top class, the other still young. Business profits are used to increase stock, pay school fees, buy clothing and household expenses.
My Business
Businessman at Oloolaimutia Centre running a poshomill (corn milling service) at the small centre. He also started business in the year 2000 .i.e. buying and selling cattle. He had only Ksh.10,000 (US $128) capital. He improved gradually and later diverted to open up a poshomill in 2004 which he saw it was a good business. Before he had 18 cows and has now 50. He joined Kenya Women Federation Trust (KWFT, a local microfinance institution) in 2007 where he was financed and increased his business.
Loan Proposal
Will use the 60,000 Kenya Shillings (US $779) to buy 25 maize bags i.e. stock and project to sell them in two weeks. Will get a profit of Ksh.600 (US $7.79) per bag which will accumulate to Ksh.15,000 (US $195) in two weeks. All this is based on past experience.
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$779.00
Date disbursed
Oct 15, 2009
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
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Summary
Amount repaid
$810.77
Amount remaining
$0.00
Date repaid
Oct 7, 2010
Status
Fully repaid
Installment amount
$67.56
Next installment
Oct 15, 2010
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 15, 2009 | $67.56 | Nov 15, 2009 | $67.56 |
| Dec 15, 2009 | $67.56 | Dec 15, 2009 | $67.56 |
| Jan 15, 2010 | $67.56 | Jan 17, 2010 | $67.56 |
| Feb 15, 2010 | $67.56 | Mar 5, 2010 | $67.56 |
| Mar 15, 2010 | $67.56 | Apr 7, 2010 | $67.56 |
| Apr 15, 2010 | $67.56 | Apr 20, 2010 | $67.56 |
| May 15, 2010 | $67.56 | Jun 15, 2010 | $67.56 |
| Jun 15, 2010 | $67.56 | Jul 11, 2010 | $67.56 |
| Jul 15, 2010 | $67.56 | Jul 11, 2010 | $35.00 |
| Aug 3, 2010 | $32.56 | ||
| Aug 15, 2010 | $67.56 | Aug 3, 2010 | $34.62 |
| Aug 13, 2010 | $32.95 | ||
| Sep 15, 2010 | $67.56 | Aug 13, 2010 | $21.79 |
| Sep 10, 2010 | $45.77 | ||
| Oct 15, 2010 | $67.56 | Sep 10, 2010 | $56.79 |
| Oct 7, 2010 | $10.77 | ||
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