Entrepreneur
Name
Abraham
Member since
March 2011
On-time repayments
60 installments • 20%
About Me
dear lenders, am so sorry for the late repayments of my loan, actually i loss my mother recentrly after long illness. this has made me not to make my repayments as reqired.i hope to start making my loan repayments little by little since i have finished my mums burial. it was not my wish but because of this serious illness. since i had lost my dad last year, i was unable to repay my loan. but now i ill be able to continue repaying my loan.am sorry for the inconviniencies.thanks
My Business
istarted my petroleum business on 3rd june 2004. i located my business at kiptangwnyi trading center becoz there was no other dealer of petroleum product. since kiptangwanyi is a far away distance from nakuru i decided to start selling motorvehicles parts and accessories due to customers demand. am holding both petoleum products ie petrol disel, kelosene and some types of oil and brakes and clutch fluids
am earning 9000 profit per month. am glad that if i get some funds a certain % of that funds i will used it to reduce the risk am facing. i currently dont have i fire extinguisher which cost about 20,000 ksh
my business is very active cusstomers demand is very high but supply is very low due to lack of funds. so i request a loan of ksh 50,000 which i will pay it at 2%. which i will pay Annualy without defaulting.
Loan Proposal
Business Expansion. Buying more stock to serve more customers.
About Me
am abraham mwaura ,son of mwangi born in a family of 10 5 guys and 5 ladies. one of us has passed 15 years ago. both of my parents are alive but very old(90+ years). iwas born in 23 rd dec 1969 at a place called molo. we move from there in 1974 to a place called kiptangwanyi. am married with miss veronicah about 14 years ago, i have got 3 kids 2 boys simon & kevin 1 girl judy. we are located at kiptangwanyi trading centre in nakuru town.two boys in high school while girl is at primary school.am now planning to vacate from the current village and move to nakuru town where business is in a high rage.though am in my own plot of land where my family lives, i hope to vacate soon but my family will remain home.from my resiodential are to nakuru town is about 33 kilometers.
My Business
istarted my petroleum business on 3rd june 2004. i located my business at kiptangwnyi trading center becoz there was no other dealer of petroleum product. since kiptangwanyi is a far away distance from nakuru i decided to start selling motorvehicles parts and accessories due to customers demand. am holding both petoleum products ie petrol disel, kelosene and some types of oil and brakes and clutch fluids
am earning 9000 profit per month. am glad that if i get some funds a certain % of that funds i will used it to reduce the risk am facing. i currently dont have i fire extinguisher which cost about 20,000 ksh
my business is very active cusstomers demand is very high but supply is very low due to lack of funds. so i request a loan of ksh 50,000 which i will pay it at 2%. which i will pay Annualy without defaulting.
Loan Proposal
Business Expansion. Buying more stock to serve more customers.
Feedback
Positive
10
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$364.00
Date disbursed
May 2, 2011
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Jersey City, United States
New York, United States
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Summary
Amount repaid
$393.67
Amount remaining
$0.00
Date repaid
May 1, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 2, 2011 | $32.77 | Jun 11, 2011 | $6.27 |
| Jun 21, 2011 | $26.51 | ||
| Jul 2, 2011 | $32.77 | Jul 4, 2011 | $32.77 |
| Aug 2, 2011 | $32.77 | Jul 25, 2011 | $8.67 |
| Aug 1, 2011 | $24.10 | ||
| Sep 2, 2011 | $32.77 | Aug 21, 2011 | $8.67 |
| Sep 23, 2011 | $12.05 | ||
| Sep 28, 2011 | $12.05 | ||
| Oct 2, 2011 | $32.77 | Oct 1, 2011 | $16.87 |
| Oct 3, 2011 | $15.90 | ||
| Nov 2, 2011 | $32.77 | Nov 3, 2011 | $32.77 |
| Dec 2, 2011 | $32.77 | Dec 2, 2011 | $32.77 |
| Jan 2, 2012 | $32.77 | Dec 2, 2011 | $0.12 |
| Jan 1, 2012 | $32.65 | ||
| Feb 2, 2012 | $32.77 | Jan 1, 2012 | $0.12 |
| Jan 30, 2012 | $18.31 | ||
| Feb 1, 2012 | $14.34 | ||
| Mar 2, 2012 | $32.77 | Feb 1, 2012 | $0.12 |
| Mar 1, 2012 | $32.65 | ||
| Apr 2, 2012 | $32.77 | Mar 1, 2012 | $0.24 |
| Apr 1, 2012 | $32.53 | ||
| May 2, 2012 | $32.77 | Apr 1, 2012 | $0.24 |
| May 1, 2012 | $32.53 | ||
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