Entrepreneur
Name
Geoffrey
Member since
October 2012
On-time repayments
31 installments • 26%
About Me
I am married with seven childrens who is in school. I live in Kabazi shopping center which is about 35 km from Nakuru town along Nakuru-subukia highway. I live in plot number 104 at Kabazi shopping center but I operate my business in Nakuru town . My occupation is a canteen an shop, also I am also a member of Bahati self help group, I have a general knowledge.
My Business
MY BUSSINESS IS A CANTEEN AND A SHOP
I have a shop and canteen in Nakuru town, which is located opposite pinkam house at 3NS travelers. I started my business in the year 2006 after the stage started operating. They is a lot of demand of the product such as soda because of more passengers increasing day by day also the stage is located in strategic position thus making it more popular,
In the stage there is few shop and canteen along these area thus I will able to catch more customer. The business will be profitable because the product I will get from our nearby town (Nakuru) and the mean of transport is good and I will sell the quality product at favorable cost. I wanted to purchase refrigerator to meet the demand of my customer. The risk facing the business is theft due to insecurity during the night.
My typical monthly cost is khs 100000, sale revenue is around ksh 40000 and profit is above 50000 but I am planning to earning more.
Loan Proposal
First i would like to thank the zidisha flaternity because they have enabled me move from struggling to a reliable human being. I got my first loan and utilised it in adding more stock in my business. The business is doing very well and i want to try another business for my dear wife infact, i want to use my second loan to buy more dairy cows. Dairy cows are profit making bussiness especially in my local area.
Feedback
Positive
8
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,092.00
Date disbursed
Apr 2, 2013
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
United States
Osaka, Japan
Krimpen Aan Den Ijssel, Netherlands
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Summary
Amount repaid
$1,229.42
Amount remaining
$0.00
Date repaid
Sep 12, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 15, 2013 | $103.44 | May 21, 2013 | $103.44 |
| Jun 15, 2013 | $103.44 | May 21, 2013 | $1.32 |
| Jun 18, 2013 | $102.12 | ||
| Jul 15, 2013 | $5.02 | Jun 18, 2013 | $5.02 |
| Aug 15, 2013 | $142.86 | Jul 25, 2013 | $142.86 |
| Sep 15, 2013 | $142.86 | Jul 25, 2013 | $142.86 |
| Oct 15, 2013 | $142.86 | Jul 25, 2013 | $142.86 |
| Nov 14, 2013 | $142.86 | Jul 25, 2013 | $142.86 |
| Dec 14, 2013 | $142.86 | Jul 25, 2013 | $23.81 |
| Aug 15, 2013 | $95.24 | ||
| Sep 12, 2013 | $23.81 | ||
| Jan 14, 2014 | $142.86 | Sep 12, 2013 | $142.86 |
| Feb 14, 2014 | $142.86 | Sep 12, 2013 | $142.86 |
| Mar 15, 2014 | $17.51 | Sep 12, 2013 | $17.51 |
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