Working capital for online dollar store
Michael
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
August 2017
On-time repayments
70 installments • 70%
About Me
I am young entrepreneur building an online bargain retail business. This started as a way to make ends meet in university but has growth to become a source of income beyond school.
My Business
The business is called Below 1000 as it sells items below ksh 1000. This is an attainable price for the majority of the population despite low incomes. I source quality affordable items and sell them.
Loan Proposal
Working capital to be able to purchase goods and thus sell them on. Some of the money will also go into a social media marketing campaign that we are doing to launch a new product offering.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Feb 10, 2020
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
World, Spain
Summary
Amount repaid
$180.33
Amount remaining
$0.00
Date repaid
Mar 25, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 21, 2020 | $3.94 | Mar 23, 2020 | $3.94 |
| Feb 28, 2020 | $0.00 | ||
| Mar 6, 2020 | $0.00 | ||
| Mar 13, 2020 | $0.00 | ||
| Mar 20, 2020 | $0.00 | ||
| Mar 27, 2020 | $3.94 | Mar 25, 2020 | $3.94 |
| Apr 3, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| Apr 10, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| Apr 17, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| Apr 24, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| May 1, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| May 8, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| May 15, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| May 22, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| May 29, 2020 | $18.03 | Mar 25, 2020 | $18.03 |
| Jun 5, 2020 | $10.15 | Mar 25, 2020 | $10.15 |
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