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
dear lenders, this loan will help me in adding more stock during this period to my business.the demand of the commodities are in a very high demand.i will be able to serve more customers. im also planning to buy with aceartain amount a very good dairy cow which will help me and my family in the production of milk.with this reason my little childreans will get milk from the cow i will purchase.so my family will be a healthy family.im also going to work so hard until my dreams of making a good repayment are fulfilled.we are very much committed together with my wife in our businesses. thanks very much my lenders
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
dear lenders, this loan will help me in adding more stock during this period to my business.the demand of the commodities are in a very high demand.i will be able to serve more customers. im also planning to buy with aceartain amount a very good dairy cow which will help me and my family in the production of milk.with this reason my little childreans will get milk from the cow i will purchase.so my family will be a healthy family.im also going to work so hard until my dreams of making a good repayment are fulfilled.we are very much committed together with my wife in our businesses. thanks very much my lenders
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,082.00
Date disbursed
Jan 9, 2013
Repayment status
Late
Projected term
43 months
Other loans
Lenders
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Summary
Amount repaid
$111.76
Amount remaining
$1,275.31
Expected completion
Aug 19, 2016
Status
Repaying late
Installment amount
$47.06
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 19, 2013 | $0.00 | ||
| Apr 19, 2013 | $0.00 | ||
| May 19, 2013 | $98.25 | May 18, 2013 | $98.25 |
| Jun 19, 2013 | $13.52 | May 18, 2013 | $1.75 |
| Aug 13, 2013 | $11.76 | ||
| Jul 19, 2013 | $47.06 | ||
| Aug 19, 2013 | $47.06 | ||
| Sep 19, 2013 | $47.06 | ||
| Oct 19, 2013 | $47.06 | ||
| Nov 19, 2013 | $47.06 | ||
| Dec 19, 2013 | $47.06 | ||
| Jan 19, 2014 | $47.06 | ||
| Feb 19, 2014 | $47.06 | ||
| Mar 19, 2014 | $47.06 | ||
| Apr 19, 2014 | $47.06 | ||
| May 19, 2014 | $47.06 | ||
| Jun 19, 2014 | $47.06 | ||
| Jul 19, 2014 | $47.06 | ||
| Aug 19, 2014 | $47.06 | ||
| Sep 19, 2014 | $47.06 | ||
| Oct 19, 2014 | $47.06 | ||
| Nov 19, 2014 | $47.06 | ||
| Dec 19, 2014 | $47.06 | ||
| Jan 19, 2015 | $47.06 | ||
| Feb 19, 2015 | $47.06 | ||
| Mar 19, 2015 | $47.06 | ||
| Apr 19, 2015 | $47.06 | ||
| May 19, 2015 | $47.06 | ||
| Jun 19, 2015 | $47.06 | ||
| Jul 19, 2015 | $47.06 | ||
| Aug 19, 2015 | $47.06 | ||
| Sep 19, 2015 | $47.06 | ||
| Oct 19, 2015 | $4.72 | ||
| Nov 19, 2015 | $0.00 | ||
| Dec 19, 2015 | $0.00 | ||
| Jan 19, 2016 | $0.00 | ||
| Feb 19, 2016 | $0.00 | ||
| Mar 19, 2016 | $0.00 | ||
| Apr 19, 2016 | $0.00 | ||
| May 19, 2016 | $0.00 | ||
| Jun 19, 2016 | $0.00 | ||
| Jul 19, 2016 | $0.00 | ||
| Aug 19, 2016 | $0.00 | ||
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