Loan for Fast-Moving Consumer Goods (FMCG) to add to my stock
Morisi
Nyansiongo, Kenya
100% repaid
Entrepreneur
Name
Morisi
Member since
January 2015
On-time repayments
190 installments • 77%
About Me
iam moris evans from the large moris family .I own a food retail shop as I said before and am very happy to be among your beneficiaries.I have been working you for almost three years now and I intded to work with you as long as am in business.
My Business
I own a retail business which is the source of my income. am happy with your continued support.from the am make gross sales of 25000 weekly that translates to shs 10000 profit weekly. from this retail shop am able to Carter fo my expense s .
Loan Proposal
Since my business is taking shape and actually on its own- can run on its own capital, I am proud I am seeing progress. But surely success doesn’t come on without challenges. Some of the challenges are the harsh business environment here in Kenya. But since my lenders are there for me, I am proud to increase more inventory by bringing in some of the products whose demand has started rising.
I want to bring in more FMCG goods that I believe will bolster the revenues. A lot of beauty products whose demand has “waken up” are some of the priority things I need to add-up in my stock list.
I believe by closely monitoring the inventory, I can beat the challenges and if the environment works out well, I will add up one employee to help me out.
I also want to introduce an after-sale service for bulk customers in a bid to woe them to deplete my stock.
If all goes well as per my plans, expect me to apply for another loan soon.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
May 26, 2017
Repayment status
On Time
Projected term
3 months
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Summary
Amount repaid
$149.79
Amount remaining
$0.00
Date repaid
Oct 21, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 7, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jun 14, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jun 21, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jun 28, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jul 5, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jul 12, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jul 19, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Jul 26, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Aug 2, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Aug 9, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Aug 16, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Aug 23, 2017 | $11.86 | Oct 21, 2018 | $11.86 |
| Aug 30, 2017 | $7.47 | Oct 21, 2018 | $7.47 |
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