Name
Jackson
Member since
August 2014
On-time repayments
141 installments • 21%
i Jackson njoroge and i come from a very humble family background of a single parent with the main source of income coming from farming i learned entrepreneural skills and a beginning of a passion to one day venture into business. in my first employement i worked in a foodstore where i a grew i passion a starting a grocery business of my own. Having acquired enough skill it was now time to start my own business which i can attest that i love to do what i do. Apart from bussiness i am also a parttime student studying Accounting and Finance which have really helped me sharpen my entrepreneurial skill.
i am currently engaged in a cereals, groceries and foodstuffs which i started three years ago from some saving i had accrued from employment. previously i had grown a keen interest of starting a grocery business but i could not secure enough capital to start one. i had to start with what was at had, both my savings and those from my wife. though a small start but i had a spirited passion to start what i could actually be my own boss.
At first it wasn't easy but with great zeal and passion i have been able to go through difficult moments to make these business been on its feet and running. four years now still moving, still focused, still growing i can say it was the best decision i made, though not without hurdles especially on cash flows for the growing demands of my customers.
basically the business is doing well and any additional funds to my business will go along way for expansion and been able to repay all loans that will be injected to it.
I will be using the loan to stock groceries
especially during this dry seoson when the groceries are in high demand.
I will Also be venturing in a new line of cereals which I have not been able to stock which I through a thorough market research I have established that they will be giving a higher contribution and eventually increases in profit margin.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Feb 17, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$10.75
Amount remaining
$0.00
Date repaid
May 3, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 27, 2017 | $1.19 | Mar 11, 2017 | $1.19 |
Mar 6, 2017 | $1.19 | Mar 11, 2017 | $1.19 |
Mar 13, 2017 | $1.19 | Mar 11, 2017 | $0.08 |
Mar 22, 2017 | $1.11 | ||
Mar 20, 2017 | $1.19 | Mar 22, 2017 | $1.19 |
Mar 27, 2017 | $1.19 | Mar 22, 2017 | $0.16 |
Apr 5, 2017 | $1.03 | ||
Apr 3, 2017 | $1.19 | Apr 5, 2017 | $1.19 |
Apr 10, 2017 | $1.19 | Apr 5, 2017 | $1.19 |
Apr 17, 2017 | $1.19 | Apr 5, 2017 | $0.21 |
Apr 23, 2017 | $0.98 | ||
Apr 24, 2017 | $1.19 | Apr 23, 2017 | $0.25 |
May 3, 2017 | $0.94 | ||
May 1, 2017 | $0.04 | May 3, 2017 | $0.04 |
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