Funds to buy a new refrigerator

Geoffrey

Nakuru, Kenya

6% repaid

Entrepreneur

Name

Geoffrey

Member since

November 2017

On-time repayments

69 installments  •  62%

About Me

I am a young energetic girl who grew up in a poverty stricken family. My family comprises of six brothers and two sisters. My parents died in a road accident when we were still very young. Being the first born I had to take the role of my parents to cater for my siblings. I had to work in sugarcane plantations to make ends meet. I didn't complete my secondary school education but I vowed to make sure that my siblings had to go through school at least to help in our community.

My Business

I run a Wines and Spirits depot in our market place. I have two assistants who help me in supplying of my goods. I sell both wholesale and retail. I normally save at least a hundred US dollars a month after clearing my bills and paying my rent. I plan to expand my business to other towns due to public demand to cater for their needs. I started my business after saving whatever remained after catering for my family.

Loan Proposal

I will use the loan to add to my savings then buy a new refrigerator because I am opening a new depot in the next town. That will help me to store my goods because some of my customers needs their goods when cold. That will also increase my profits because I won't have to use ice which is more expensive.
My yield will also increase thus I will be able to pay my siblings school fees without much problems.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$175.00

Date disbursed

May 12, 2018

Repayment status

Late

Projected term

11 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$10.84

Amount remaining

$164.96

Expected completion

Apr 14, 2019

Status

Repaying late

Installment amount

$0.99

Repayment History

Expected Payments Actual Payments
May 20, 2018 $1.28 May 8, 2018 $0.99
May 20, 2018 $0.30
May 27, 2018 $1.00 May 28, 2018 $0.99
May 28, 2018 $0.01
Jun 3, 2018 $1.00 May 28, 2018 $0.09
Jun 4, 2018 $0.91
Jun 10, 2018 $1.00 Jun 4, 2018 $0.08
Jun 4, 2018 $0.92
Jun 17, 2018 $0.07 Jun 4, 2018 $0.07
Jun 24, 2018 $1.00 Jun 24, 2018 $0.99
Jun 24, 2018 $0.01
Jul 1, 2018 $1.00 Jul 1, 2018 $0.98
Jul 1, 2018 $0.02
Jul 8, 2018 $0.13 Jul 1, 2018 $0.13
Jul 15, 2018 $0.01 Jul 13, 2018 $0.01
Jul 22, 2018 $0.01 Jul 13, 2018 $0.01
Jul 29, 2018 $0.01 Jul 13, 2018 $0.01
Aug 5, 2018 $0.07 Jul 13, 2018 $0.02
Jul 15, 2018 $0.05
Aug 12, 2018 $0.50 Jul 31, 2018 $0.50
Aug 19, 2018 $0.50 Jul 31, 2018 $0.09
Aug 20, 2018 $0.41
Aug 26, 2018 $0.50 Aug 20, 2018 $0.08
Aug 26, 2018 $0.42
Sep 2, 2018 $0.50 Aug 26, 2018 $0.27
Sep 10, 2018 $0.24
Sep 9, 2018 $0.50 Sep 10, 2018 $0.50
Sep 16, 2018 $0.15 Sep 10, 2018 $0.15
Sep 23, 2018 $0.49 Oct 4, 2018 $0.49
Sep 30, 2018 $0.49 Oct 4, 2018 $0.49
Oct 7, 2018 $0.49 Oct 4, 2018 $0.49
Oct 14, 2018 $0.10 Oct 4, 2018 $0.10
Oct 21, 2018 $0.00
Oct 28, 2018 $0.05 Feb 8, 2019 $0.05
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.99
Feb 17, 2019 $0.99
Feb 24, 2019 $0.99
Mar 3, 2019 $0.99
Mar 10, 2019 $0.99
Mar 17, 2019 $35.16
Mar 24, 2019 $35.16
Mar 31, 2019 $35.16
Apr 7, 2019 $35.16
Apr 14, 2019 $19.39

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