Geofrey
Kericho, Kenya
95% repaid
Name
Geofrey
Member since
January 2017
On-time repayments
24 installments • 63%
I was borne in the year 1990 in a village called Mogoiywek. I started my primary education in the year 1996 in Mogoiywek Primary School. After my primary education I joined Kaplong Boys High school in 2006. I finished my high school in the year 2009 and joined BCA College for my CPA Course.
All along I have been having a passion for nice clothes which are fitting and trending. When I finished my CPA Course, I started clothing business.
From my childhood, i have been having a passion for nice clothes. I sell Clothes ranging from men shirts, sweaters, blouses and skirts. These items are on demand because I am fashion conscious and I like to deal with the youths who are many and like my items.
My costs include cost clothes, salary for a lady helping me out in the shop, transport, licenses and taxes.
My revenues come mainly from sales of the clothes.
I use my profits to increase my business and support my subsistence costs.
I will add stock of five sweaters each costing Ksh. 150 and seven blouses each costing Ksh. 100. There is high demand because schools are closing for August holiday.
With these I will sell a sweater at Ksh. 300 and a blouse Ksh. 200. This will give me a total profit of Ksh. 750 in sweaters and 7Ksh. 700 in blouses.
This profit will help me expand my business and check welfare of my employee.
Thanks.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Amount repaid
$14.82
Amount remaining
$0.74
Date repaid
Aug 12, 2017
Status
Fully repaid
Installment amount
$0.74
Next installment
Sep 10, 2017
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 6, 2017 | $2.96 | Aug 12, 2017 | $0.99 |
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Aug 13, 2017 | $2.96 | Aug 12, 2017 | $0.99 |
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Aug 20, 2017 | $2.96 | Aug 12, 2017 | $0.99 |
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Aug 27, 2017 | $0.99 | Aug 12, 2017 | $0.99 |
Sep 3, 2017 | $4.94 | Aug 12, 2017 | $0.99 |
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Aug 12, 2017 | $0.99 | ||
Sep 10, 2017 | $0.74 |
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