Buying kilos of coffee

Gideon

Kericho City, Fort Tennan Village, Kenya

4% repaid

Entrepreneur

Name

Gideon

Member since

October 2017

On-time repayments

108 installments  •  69%

About Me

hello,am gedion kiprotich,age23,went up to secondary level of education and also completed 2 terms of college but I haven't been able to proceed further due to financial hardships.

My Business

My last loan was used for buying kilos of coffee and reselling for profit,for this current loan ,I won't have a business because I will be focusing all my energies on my studies at college. I will be using my new loan to pay for school fees and basic living expenses and I intend to use the profit from my last loan to make payments on my new loan.

Loan Proposal

I received a profit of 65,000 from my last loan, I saw that its more important for me to combine my new loan +my last profit and stake in buying kilos of coffee, here I will be in position to pay back loan+ paying my school fees.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,294.00

Date disbursed

May 26, 2019

Repayment status

Late

Projected term

16 months

Lenders

Laurie

United States

Paul Buchheit

Mountain View, United States

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  • Caroline    Jan 8, 2021

    Gideon is still not a me to repay the loan .

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  • Janice    Nov 29, 2020

    He will be sending his new instalment cash within the next 2 weeks period.

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  • Timothy    Oct 8, 2020

    Gideon told me that the pandemic has affected his business.

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  • Timothy    Sep 8, 2020

    I contacted Gideon and he informed me that he was laid off the job due to Corona pandemic that's is why he is unable to continue servicing the loan. He admitted to make repayment when he get new job.

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  • Gideon    Aug 23, 2020

    Due to global crisis,i wish to lower my adjustment.i am on looking for a job,,i hope soon things gets better

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  • Gideon    Jun 15, 2020

    Difficult moments

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  • Gideon    May 5, 2020

    We at times of difficulty_covid 19 pandemic

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  • Gideon    Mar 22, 2020

    There is a challenge : Covid_19 affecting our daily activities

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  • Gideon    Feb 12, 2020

    Things are not bad,I am gaining my momentum. Thank you .

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  • Gideon    Feb 12, 2020

    The situation is getting better and I am back,with payments, thanks all my lenders

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  • Robinson    Jan 22, 2020

    I spoke with Gideon and he promised to do something although he didn't seem convinced that it is possible to start this week. I challenged him to pay as little as he can per week

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  • Gideon    Nov 13, 2019

    I am down financially currently, and when things get better I will pay off my debt

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  • Gideon    Sep 18, 2019

    Am trying by my side dispite ups and down,I would like to reduced my repayment .thank you

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  • Gideon    Sep 8, 2019

    I could not make it today, I will make better payment this week

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  • Gideon    Aug 10, 2019

    More of ups and down,I kindly request my lenders to bare with me,I got some money yes,but I use for food ,shelter ,clothing and education here in Nakuru,am just a stranger here,I have to rent,buy food etc,life is soo tricky here,however I have a plan ,am sure to clear this debt,thanks my lenders.

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  • Gideon    Jul 3, 2019

    Hello lenders,due to difficulties 1&2,I am not in position to pay all debt as scheduled, however I am determined to make it all as time goes by,this week,I will be expected some money from factory and I will pay you.thank you.

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  • Gideon    Jul 3, 2019

    Hello lenders,am sorry for this delay,I will be making it this week

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  • Kelvin Migwi    Jun 27, 2019

    Hello zidisha,I spoke to Gideon and he promised to start sending his weekly installments from next week.

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  • Gideon    May 20, 2019

    With my last loan I was in a position to raise 1/4 of cash needed in my up & away project,up &away project consist of planting 15 acres of sugarcane ,this project is to be completed next year by 14th April. The rest of my last loan help me to pay for my college fees,and am getting more sources of making money,one being I but it on coffee business in one of my local coffee factory hence getting profit from a loan.thank you my lenders.

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  • Gideon    May 14, 2019

    There is some money I got from my local factory (profit),and I feel like paying back all loan ,I know how my lenders dedicated themselves to fund me even with no security or guarantor,thank you my lenders;I still got some profit which I will use to clear my fees and save some for my future up and away project,I prefers not to use direct loan to pay school fees but rather use profit got from the loan.thanks.

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