Luka
Eldoret, Kenya
100% repaid
Name
Luka
Member since
December 2016
On-time repayments
26 installments • 54%
I am Luka Chelot an ambitious and hardworking gentleman.I was born and raised in Trans Nzoia county in a Christian family. At the age of 25 i moved out of my home in search of self employment.I gathered little capital from my family members and went out to start my own business.
The unique thing about my culture is that people live in a nuclear family. My children would like to be a doctor and an engineer when they grow up.My hobby is reading about new trends in cloth production.
My business deals with making shoes,sandals,clothes knitting , motor bike and vehicle covers and other types of clothing wears. I started my business back in the year 2010.These are in high demands due to the fact that i reside near a University premises catering for youths who are love going with the new trends in clothing fashion.
I chose this type of business due to low start up capital.My monthly typical costs includes Rent of USD 30,Electric ity USD 2,Salaries and Wages USD 90,Raw materials USD 100.
My monthly revenue averages USD 440.I use this profits to pay my house rent ,my children's school fees and re-investing back into my business.
I am seeking funds to purchase raw materials for more clothing production to meet the overwhelming demand .This will enable customer satisfaction and also enable me boost my credit margins.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Dec 28, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$10.55
Amount remaining
$0.00
Date repaid
Mar 8, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 6, 2017 | $1.01 | Jan 6, 2017 | $1.00 |
Jan 6, 2017 | $0.01 | ||
Jan 13, 2017 | $1.01 | Jan 6, 2017 | $0.99 |
Jan 20, 2017 | $0.02 | ||
Jan 20, 2017 | $1.01 | Jan 20, 2017 | $1.01 |
Jan 27, 2017 | $1.01 | Jan 20, 2017 | $1.01 |
Feb 3, 2017 | $1.01 | Jan 20, 2017 | $0.04 |
Feb 11, 2017 | $0.97 | ||
Feb 10, 2017 | $1.01 | Feb 11, 2017 | $1.01 |
Feb 17, 2017 | $1.01 | Feb 11, 2017 | $0.14 |
Mar 6, 2017 | $0.87 | ||
Feb 24, 2017 | $1.01 | Mar 6, 2017 | $0.14 |
Mar 6, 2017 | $0.87 | ||
Mar 3, 2017 | $1.01 | Mar 6, 2017 | $0.14 |
Mar 6, 2017 | $0.87 | ||
Mar 10, 2017 | $1.01 | Mar 6, 2017 | $0.14 |
Mar 6, 2017 | $0.47 | ||
Mar 8, 2017 | $0.39 | ||
Mar 17, 2017 | $0.47 | Mar 8, 2017 | $0.47 |
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