Entrepreneur
Name
Peter
Member since
September 2015
On-time repayments
176 installments • 11%
About Me
I am aged 20 years and i finished my A levels last year.My quest for education has had a lot of hurdles since my parents could not be able to raise my school fees.I then came up with an idea of growing and selling kales which was profitable and i was able to pay my fees and have some left as pocket money.After clearing high school i continued growing kales.The money i got i was able to start my clothing business.My business is based in a community where they are friendly and hospitable.When i have my own family my quest is that my children will get the best education in life.My hobby that i love the most is hiking in our area there are mountains which i use as my pastime.
My Business
My services is selling clothes to my community.In my community selling of clothes is of high demand so i make sure i have the latest fashion and the most unique.I chose these business because i saw that i could relate well with my customers and the demand keeps growing each day.I buy my clothes in bale and it costs me around14500KES ,after selling i make around 8000 as profit and from that i deduct 1000 for licence,1000 for my basic needs and the rest i save.T he profit i make i use it in restocking and also i am saving since i want to go back to school for higher education but i will use distance study in order to make sure my business grows.I also plan some of my profit i will help and boost my kale business which i plan to grow again.
Loan Proposal
When you lend me the money i plan to stock the latest trends and also bring new fashion.The bale that i plan to buy costs around 120 dollars.The loan will benefit me in so many ways since i will be able to fend myself and also save some money to help me in going back to school.I expect my profit margin to increase immensely since my business demand is so high and i will meet each customers requirements.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Oct 22, 2015
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
United States
Summary
Amount repaid
$149.55
Amount remaining
$0.00
Date repaid
May 22, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 1, 2015 | $3.00 | Apr 14, 2017 | $0.50 |
| Apr 15, 2017 | $0.50 | ||
| Apr 18, 2017 | $0.50 | ||
| Apr 19, 2017 | $0.50 | ||
| Apr 20, 2017 | $0.50 | ||
| Apr 21, 2017 | $0.50 | ||
| Nov 8, 2015 | $3.00 | Apr 22, 2017 | $0.50 |
| Apr 23, 2017 | $0.50 | ||
| Apr 25, 2017 | $0.50 | ||
| Apr 26, 2017 | $0.28 | ||
| Apr 29, 2017 | $0.50 | ||
| Apr 30, 2017 | $0.50 | ||
| May 22, 2017 | $0.22 | ||
| Nov 15, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Nov 22, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Nov 29, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Dec 6, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Dec 13, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Dec 20, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Dec 27, 2015 | $3.00 | May 22, 2017 | $3.00 |
| Jan 3, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jan 10, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jan 17, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jan 24, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jan 31, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Feb 7, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Feb 14, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Feb 21, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Feb 28, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Mar 6, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Mar 13, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Mar 20, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Mar 27, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Apr 3, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Apr 10, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Apr 17, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Apr 24, 2016 | $3.00 | May 22, 2017 | $3.00 |
| May 1, 2016 | $3.00 | May 22, 2017 | $3.00 |
| May 8, 2016 | $3.00 | May 22, 2017 | $3.00 |
| May 15, 2016 | $3.00 | May 22, 2017 | $3.00 |
| May 22, 2016 | $3.00 | May 22, 2017 | $3.00 |
| May 29, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jun 5, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jun 12, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jun 19, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jun 26, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jul 3, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jul 10, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jul 17, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jul 24, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Jul 31, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Aug 7, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Aug 14, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Aug 21, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Aug 28, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Sep 4, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Sep 11, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Sep 18, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Sep 25, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Oct 2, 2016 | $3.00 | May 22, 2017 | $3.00 |
| Oct 9, 2016 | $2.55 | May 22, 2017 | $2.55 |
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