Name
Jackson
Member since
January 2018
On-time repayments
17 installments • 65%
My name is JACKSON, i grew up in a village in kisii county, life wasn't friendly so with the little savings i had i reared 50 chicken whereby i could collect and sell eggs as the savings grew i opted for a bigger market so i moved to the city and its here i realized a potential in liquor business that i put up with just ksh 60,000
my business' income is especially the profits are overwhelming because in my locality or rather in Nairobi lots of people take LIQUOR , and that was my point of motivation and its when i decided to put up an instant drinking joint with your aid i will be able to put up a pub that will serve more people and you know what this means more profit
my profits are normally split for household use and my sons' schooling
my renting costs ksh15000, licensing renewable annually ksh, 50000
when i get this loan i will use it to to buy spirits and if possible some beers
a bottle of spirit is goes for 1 dollar and i sell it at 1.5dollars now this gives me a good return indeed and with this i will be able to repay back in time if i properly account for it my profits will increase by 50 percent
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Jan 12, 2018
Repayment status
On Time
Projected term
3 weeks
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Amount repaid
$10.69
Amount remaining
$0.00
Date repaid
Feb 2, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 21, 2018 | $1.97 | Feb 2, 2018 | $1.97 |
Jan 28, 2018 | $0.00 | ||
Feb 4, 2018 | $8.72 | Feb 2, 2018 | $8.72 |
Jane Aug 4, 2018
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