Name
Sammy
Member since
June 2014
On-time repayments
31 installments • 74%
My names are sammy chapia muhanji I am the last born in the family of 4 and i lost both parent at the age of ten, though my uncles managed to take me to school i did my primary education school the there after did my secondary education, though i did not manage to go to college and that is why decided to start business.
Life has never been easy because being raised by uncles who also have there own children is was not an easy go zone, though God has sustained us up to this far, my brother is also doing business and my two sisters got married and they are going on with their life.
I started business after working as a casual on construction sites, after working for about 2 years, i saved some money and decided to start a business, and cause i was dealing buildings i decided to sell electronics.
Before i started business i was working on construction sits, work was not easy since i am also small in size the constructor was forced to be giving me light work, and after some time i decided to start a business in the some line with what i was doing which is construction, and that is why i sell electronics.
when we were doing construction, the contractor could travel along distance just to buy building material for construction, and that is how i got the idea.
Starting was not easy because of the capital, what i had saved was not enough for this kind of business, and that is why had also to borrow some money from the bank though the interest was high but since i dint have alternative still it helped and this is what put me on my two feet in business.
I want to buy and increase my stock for the shop. am going to buy same sockets,switches and solar panels this will cost (85 US Dollars). that will help my shop run mach beta. the benefits of this is to help my business grow stronger. this will increase my profits by almost 40%. Thanks all
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$96.00
Date disbursed
Aug 28, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Ask Sammy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$100.32
Amount remaining
$0.00
Date repaid
Nov 8, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 6, 2015 | $10.00 | Sep 6, 2015 | $10.00 |
Sep 13, 2015 | $10.00 | Sep 13, 2015 | $10.00 |
Sep 20, 2015 | $10.00 | Sep 20, 2015 | $10.00 |
Sep 27, 2015 | $10.00 | Sep 27, 2015 | $10.00 |
Oct 4, 2015 | $10.00 | Oct 4, 2015 | $10.00 |
Oct 11, 2015 | $10.00 | Oct 11, 2015 | $10.00 |
Oct 18, 2015 | $10.00 | Oct 18, 2015 | $10.00 |
Oct 25, 2015 | $10.00 | Oct 25, 2015 | $10.00 |
Nov 1, 2015 | $10.00 | Nov 1, 2015 | $10.00 |
Nov 8, 2015 | $10.32 | Nov 8, 2015 | $10.32 |
Loading...