Name
Simon
Member since
April 2017
On-time repayments
125 installments • 74%
My name is Simon Mwendwa. I am a young man doing business in Mombasa city where I relocated from my rural home of Makueni county shortly after finishing my secondary school education.
I got into this business because I am a very enterprising person who desires to go to great heights in business world. I love traveling and meeting new people.
I am currently single but hope to settle for marriage in a few years to come.
My business entails selling of all types of shoes. I source my stock from the capital city of Kenya - Nairobi where they are sold at an cheaper price. I occasionally buy some from big stores in Mombasa when not buying in large quantities.
I sell about 15 pairs of shoes per week were I make a profit of $80 from the sales. I use this money to grow my business as well as for my upkeep. I hope to expand my business in the next few years so as to be able to serve more clients and get more income from it.
I will use the money to stock up my shoe shop. The timing is perfect because the festive season is in the horizon and this is the time that my sales soar. I will mostly buy ladies and children shoes and this money will enable me get about 6 pairs of ladies shoes and 10 pairs of children shoes. I am hoping to get a profit margin of about 30%.
The income so realized will be put back in the business so as to accelerate growth while at the same time use it for my daily upkeep and repaying this loan.
Thank you.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$68.00
Date disbursed
Oct 6, 2017
Repayment status
On Time
Projected term
16 months
Other loans
Amount repaid
$67.74
Amount remaining
$0.00
Date repaid
Feb 20, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 17, 2017 | $0.99 | Oct 15, 2017 | $0.99 |
Oct 24, 2017 | $0.99 | Oct 22, 2017 | $0.99 |
Oct 31, 2017 | $0.99 | Oct 29, 2017 | $0.99 |
Nov 7, 2017 | $0.99 | Nov 5, 2017 | $0.99 |
Nov 14, 2017 | $0.99 | Nov 12, 2017 | $0.99 |
Nov 21, 2017 | $0.99 | Nov 19, 2017 | $0.99 |
Nov 28, 2017 | $0.99 | Nov 26, 2017 | $0.99 |
Dec 5, 2017 | $0.99 | Dec 3, 2017 | $0.99 |
Dec 12, 2017 | $0.99 | Dec 10, 2017 | $0.99 |
Dec 19, 2017 | $0.99 | Dec 17, 2017 | $0.99 |
Dec 26, 2017 | $0.99 | Dec 24, 2017 | $0.99 |
Jan 2, 2018 | $0.99 | Dec 31, 2017 | $0.99 |
Jan 9, 2018 | $0.99 | Jan 7, 2018 | $0.99 |
Jan 16, 2018 | $0.99 | Jan 14, 2018 | $0.99 |
Jan 23, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
Jan 30, 2018 | $0.99 | Jan 23, 2018 | $0.99 |
Feb 6, 2018 | $0.99 | Jan 23, 2018 | $0.99 |
Feb 13, 2018 | $0.99 | Jan 28, 2018 | $0.99 |
Feb 20, 2018 | $0.99 | Feb 6, 2018 | $0.99 |
Feb 27, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Mar 6, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Mar 13, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Mar 20, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Mar 27, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Apr 3, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Apr 10, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Apr 17, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Apr 24, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
May 1, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
May 8, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
May 15, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
May 22, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
May 29, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jun 5, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jun 12, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jun 19, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jun 26, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jul 3, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jul 10, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jul 17, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jul 24, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Jul 31, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Aug 7, 2018 | $0.99 | Feb 13, 2018 | $0.99 |
Aug 14, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Aug 21, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Aug 28, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Sep 4, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Sep 11, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Sep 18, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Sep 25, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Oct 2, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Oct 9, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Oct 16, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Oct 23, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Oct 30, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Nov 6, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Nov 13, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Nov 20, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Nov 27, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Dec 4, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Dec 11, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Dec 18, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Dec 25, 2018 | $0.99 | Feb 20, 2018 | $0.99 |
Jan 1, 2019 | $0.99 | Feb 20, 2018 | $0.99 |
Jan 8, 2019 | $0.99 | Feb 20, 2018 | $0.99 |
Jan 15, 2019 | $0.99 | Feb 20, 2018 | $0.99 |
Jan 22, 2019 | $0.99 | Feb 20, 2018 | $0.99 |
Jan 29, 2019 | $0.99 | Feb 20, 2018 | $0.99 |
Feb 5, 2019 | $0.44 | Feb 20, 2018 | $0.44 |
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