Entrepreneur
Name
Fredrick
Member since
January 2016
On-time repayments
183 installments • 65%
About Me
I was raised by my grandmother from a humble background after the death of my mum who passed away when I was eight years old. I passed through hardship but I was successful to get education which provided me with enough knowledge and skills to be an entrepreneur. I have been idenfying numerous business ideas and opportunities but have never been able to implement the idea due to Lack of funds. Out of my ideas, I decided to pick on wines and spirit business which is a very profitable business in our country.
My Business
As you may know, in our country about 60% in every area drinks regularly while about 40% drinks daily spending an average of kes 150 daily per person according to the recent research carried out by NACADA. The demand for wines and spirit has been so high in my shop that most of the time I usually run out of stock because I have been stocking insufficient stock due to lack of enough stock. I would like to add a stock of kes 150, 000 to cater for the high demand. This will ensure that I retain more customers and my sales volume will be high hence more profit. As a result, I will be able to repay all the loan on time
Loan Proposal
I am planning to stock more wines and spirit in my shop to avoid stock out. I am also planning to introduce some more more brands which I have never stocked before but customers have been asking for them.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$914.00
Date disbursed
Jul 19, 2018
Repayment status
Late
Projected term
17 months
Other loans
Lenders
Germany
Summary
Amount repaid
$610.96
Amount remaining
$303.78
Expected completion
Jan 8, 2020
Status
Repaying late
Installment amount
$39.42
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 1, 2018 | $68.98 | Sep 1, 2018 | $68.98 |
| Aug 8, 2018 | $68.98 | Sep 1, 2018 | $68.98 |
| Aug 15, 2018 | $0.00 | ||
| Aug 22, 2018 | $0.00 | ||
| Aug 29, 2018 | $0.00 | ||
| Sep 5, 2018 | $0.00 | ||
| Sep 12, 2018 | $0.00 | ||
| Sep 19, 2018 | $0.00 | ||
| Sep 26, 2018 | $4.93 | Sep 27, 2018 | $4.93 |
| Oct 3, 2018 | $4.93 | Sep 27, 2018 | $4.93 |
| Oct 10, 2018 | $4.93 | Nov 13, 2018 | $4.93 |
| Oct 17, 2018 | $4.93 | Nov 20, 2018 | $4.93 |
| Oct 24, 2018 | $4.93 | Nov 20, 2018 | $4.93 |
| Oct 31, 2018 | $0.00 | ||
| Nov 7, 2018 | $0.00 | ||
| Nov 14, 2018 | $0.00 | ||
| Nov 21, 2018 | $0.00 | ||
| Nov 28, 2018 | $0.00 | ||
| Dec 5, 2018 | $0.00 | ||
| Dec 12, 2018 | $9.85 | Dec 26, 2018 | $9.85 |
| Dec 19, 2018 | $9.85 | Dec 26, 2018 | $9.85 |
| Dec 26, 2018 | $9.85 | Jan 16, 2019 | $9.85 |
| Jan 2, 2019 | $9.85 | Jan 16, 2019 | $9.85 |
| Jan 9, 2019 | $9.85 | Jan 16, 2019 | $9.85 |
| Jan 16, 2019 | $68.98 | Jan 16, 2019 | $68.98 |
| Jan 23, 2019 | $19.71 | Jan 16, 2019 | $19.71 |
| Jan 30, 2019 | $0.00 | ||
| Feb 6, 2019 | $0.00 | ||
| Feb 13, 2019 | $0.00 | ||
| Feb 20, 2019 | $0.00 | ||
| Feb 27, 2019 | $0.00 | ||
| Mar 6, 2019 | $0.00 | ||
| Mar 13, 2019 | $4.93 | Mar 21, 2019 | $4.93 |
| Mar 20, 2019 | $4.93 | Mar 21, 2019 | $4.93 |
| Mar 27, 2019 | $4.93 | Mar 21, 2019 | $4.93 |
| Apr 3, 2019 | $4.93 | Mar 21, 2019 | $4.93 |
| Apr 10, 2019 | $4.93 | Apr 7, 2019 | $4.93 |
| Apr 17, 2019 | $68.98 | Apr 7, 2019 | $44.34 |
| Apr 7, 2019 | $19.71 | ||
| Apr 21, 2019 | $4.93 | ||
| Apr 24, 2019 | $0.00 | ||
| May 1, 2019 | $0.00 | ||
| May 8, 2019 | $0.00 | ||
| May 15, 2019 | $0.00 | ||
| May 22, 2019 | $9.85 | Jul 5, 2019 | $9.85 |
| May 29, 2019 | $9.85 | Jul 5, 2019 | $9.85 |
| Jun 5, 2019 | $9.85 | Jul 5, 2019 | $9.85 |
| Jun 12, 2019 | $9.85 | Jul 5, 2019 | $9.85 |
| Jun 19, 2019 | $9.85 | Jul 5, 2019 | $9.85 |
| Jun 26, 2019 | $68.98 | Jul 5, 2019 | $29.56 |
| Jul 29, 2019 | $39.42 | ||
| Jul 3, 2019 | $9.85 | Jul 29, 2019 | $9.85 |
| Jul 10, 2019 | $0.00 | ||
| Jul 17, 2019 | $0.00 | ||
| Jul 24, 2019 | $0.00 | ||
| Jul 31, 2019 | $0.00 | ||
| Aug 7, 2019 | $19.71 | Aug 3, 2019 | $19.71 |
| Aug 14, 2019 | $9.85 | Aug 3, 2019 | $9.85 |
| Aug 21, 2019 | $19.71 | Aug 23, 2019 | $19.71 |
| Aug 28, 2019 | $19.71 | Aug 23, 2019 | $19.71 |
| Sep 4, 2019 | $19.71 | Aug 23, 2019 | $19.71 |
| Sep 11, 2019 | $0.00 | ||
| Sep 18, 2019 | $0.00 | ||
| Sep 25, 2019 | $0.00 | ||
| Oct 2, 2019 | $0.00 | ||
| Oct 9, 2019 | $0.00 | ||
| Oct 16, 2019 | $0.00 | ||
| Oct 23, 2019 | $0.00 | ||
| Oct 30, 2019 | $0.00 | ||
| Nov 6, 2019 | $0.00 | ||
| Nov 13, 2019 | $0.00 | ||
| Nov 20, 2019 | $0.00 | ||
| Nov 27, 2019 | $39.42 | ||
| Dec 4, 2019 | $39.42 | ||
| Dec 11, 2019 | $39.42 | ||
| Dec 18, 2019 | $39.42 | ||
| Dec 25, 2019 | $39.42 | ||
| Jan 1, 2020 | $68.98 | ||
| Jan 8, 2020 | $37.71 | ||
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