Entrepreneur
Name
Ogola
Member since
May 2014
On-time repayments
175 installments • 79%
About Me
I am Clement Ogola, live in Ogera village and I am a businessman dealing in second hand clothes, mainly women wears.
I sat for my Kenya Certificate of Secondary Education in the year 2010 at Atemo secondary school. I obtained a mean grade of B-.
Due to lack of school fees to further my education, I started buying kitchen wares at cheaper prices, market and sell them.
I am married and fathering a daughter. So far I have bought three goats with the profit I have made from the business.
I like inspiring fellow youths to live their dreams and believe in themselves.
For the rest of my life,just want to enjoy freedom by being innovative in business field and help create many opportunities for young generation.
I like playing ball games during my free time.
My Business
I do sell second hand clothes commonly refferred to as mitumba in Mbale town. I have a shop where I display my merchandise and have a good sales reputation.I deal in second hand clothes that I source from the wholesalers from the open air market in Nairobi.
I have always encountered a setback due to bad debtors but it most of them nomarlly settle .I make an average of $90 monthly profit.This is after expenses of averagely $60 hare been deducted.My source of income to help me repay the loan shall come from my business which is stable but require expansion to capture more clients.
I`ll ensure I abide by zidisha regulations outlined and repay the loan promptly.
I humbly look forward to your positive response in regard to my application.
Loan Proposal
If my loan application is accepted and funded, I will complete constructing my shop that will cost 288USD a shop, I would wish to open a juice palour that shall be run my wife. I have done a feasibility study and realised that the fresh juice business is marketable in my town. I will use the remaining amount plus my savings to buy a freezer, a blender and furniture for smooth running of the shop. I have an expectation of raising 28USD daily from the business.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$590.00
Date disbursed
Jan 27, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
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Summary
Amount repaid
$621.08
Amount remaining
$0.00
Date repaid
Sep 12, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 8, 2016 | $20.00 | Feb 8, 2016 | $20.00 |
| Feb 15, 2016 | $20.00 | Feb 15, 2016 | $20.00 |
| Feb 22, 2016 | $20.00 | Feb 22, 2016 | $20.00 |
| Feb 29, 2016 | $20.00 | Feb 29, 2016 | $20.00 |
| Mar 7, 2016 | $20.00 | Mar 7, 2016 | $20.00 |
| Mar 14, 2016 | $20.00 | Mar 15, 2016 | $20.00 |
| Mar 21, 2016 | $20.00 | Mar 21, 2016 | $20.00 |
| Mar 28, 2016 | $20.00 | Mar 28, 2016 | $20.00 |
| Apr 4, 2016 | $20.00 | Apr 4, 2016 | $20.00 |
| Apr 11, 2016 | $20.00 | Apr 11, 2016 | $20.00 |
| Apr 18, 2016 | $20.00 | Apr 18, 2016 | $20.00 |
| Apr 25, 2016 | $20.00 | Apr 25, 2016 | $20.00 |
| May 2, 2016 | $20.00 | May 2, 2016 | $20.00 |
| May 9, 2016 | $20.00 | May 9, 2016 | $20.00 |
| May 16, 2016 | $20.00 | May 16, 2016 | $20.00 |
| May 23, 2016 | $20.00 | May 23, 2016 | $20.00 |
| May 30, 2016 | $20.00 | May 30, 2016 | $20.00 |
| Jun 6, 2016 | $20.00 | Jun 6, 2016 | $20.00 |
| Jun 13, 2016 | $20.00 | Jun 13, 2016 | $20.00 |
| Jun 20, 2016 | $20.00 | Jun 20, 2016 | $20.00 |
| Jun 27, 2016 | $20.00 | Jun 27, 2016 | $20.00 |
| Jul 4, 2016 | $20.00 | Jul 4, 2016 | $20.00 |
| Jul 11, 2016 | $20.00 | Jul 11, 2016 | $20.00 |
| Jul 18, 2016 | $20.00 | Jul 18, 2016 | $20.00 |
| Jul 25, 2016 | $20.00 | Jul 25, 2016 | $20.00 |
| Aug 1, 2016 | $20.00 | Aug 1, 2016 | $20.00 |
| Aug 8, 2016 | $20.00 | Aug 8, 2016 | $20.00 |
| Aug 15, 2016 | $20.00 | Aug 15, 2016 | $20.00 |
| Aug 22, 2016 | $20.00 | Aug 22, 2016 | $20.00 |
| Aug 29, 2016 | $20.00 | Aug 29, 2016 | $20.00 |
| Sep 5, 2016 | $20.00 | Sep 5, 2016 | $20.00 |
| Sep 12, 2016 | $1.08 | Sep 12, 2016 | $1.08 |
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