Buying a mattress as inventory

Patrick

Kikuyu Town, Kenya

100% repaid

Entrepreneur

Name

Patrick

Member since

August 2015

On-time repayments

45 installments  •  58%

About Me

My name is Patrick mwangi. I grew up in kikuyu town in the outcasts of Nairobi. I studied in small schools near my neighbourhood during my younger years. Then joined ndejje university in Uganda for my degree course. After my graduation, I tried to look for a good job to no avail, so I decided to start my own business called Mandela Mattresses.

My Business

Mandela Mattresses is a household and mattresses store that sells affordable products both online and offline.
The business which has been in existence since 2018.
We sell everything from kitchenware, household goods and mattresses.
Mandela mattresses is also involved in alot of community projects like donating households and mattresses to the less fortunate.

Loan Proposal

I will buy a mattress that will give me a profit of 35%. Mattresses have good profit and when my credit limit gets to 50000. It'll change my business forever. My son will also get more from me. I pray that this will happen soon.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 12, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

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Summary

Amount repaid

$14.27

Amount remaining

$0.00

Date repaid

Sep 18, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 21, 2017 $1.98 Jul 21, 2017 $1.98
Jul 28, 2017 $1.98 Jul 31, 2017 $0.99
Jul 31, 2017 $0.49
Sep 11, 2017 $0.49
Aug 4, 2017 $1.98 Sep 11, 2017 $0.49
Sep 11, 2017 $0.99
Sep 11, 2017 $0.49
Aug 11, 2017 $1.98 Sep 11, 2017 $0.44
Sep 18, 2017 $0.99
Sep 18, 2017 $0.54
Aug 18, 2017 $1.98 Sep 18, 2017 $0.44
Sep 18, 2017 $0.99
Sep 18, 2017 $0.54
Aug 25, 2017 $1.98 Sep 18, 2017 $0.44
Sep 18, 2017 $0.99
Sep 18, 2017 $0.54
Sep 1, 2017 $1.98 Sep 18, 2017 $0.44
Sep 18, 2017 $0.99
Sep 18, 2017 $0.54
Sep 8, 2017 $0.44 Sep 18, 2017 $0.44

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