Entrepreneur
Name
Oliver
Member since
April 2015
On-time repayments
261 installments • 5%
About Me
I am Oliver Nyambura born in 1980 in Nakuru couty.I am the first born in a family of seven.Because my parents were that poor we were not able to get best education and i was only able to get only primary education.After my primary education i went to tailoring training where i learned making of cloth.After many years working for others i managed to buy a second sewing machine which i made cloth and sell.Later i started to sell also second cloths too.Now am able to give my three children a better education through my business.
My Business
In my business i deal with sales of local made cloths and second hand too.Local made are on demand in occasion such as weddings,funeral and school uniform while secondhand are required by low class people because they are affordable.So am able to attract all kind of customers hence my products has high demand always.I started this business because it's the only skills i had and i wanted to earn a living and be able to support my children so that they can have a better education.
Loan Proposal
I am very happy today that after years of struggle using a second hand sewing machine am able to get an opportunity of it's own to be given a loan so that i can buy a new one so that i may be able to increase my production and earn more money.The machine i want to buy is $95.If you help me get this machine i will be able to increase my production hence i will earn more so that i can pay fee for my children as i comfortably repays back my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 6, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
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Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Jul 6, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 17, 2015 | $5.53 | May 12, 2015 | $5.53 |
| May 24, 2015 | $4.47 | May 12, 2015 | $4.47 |
| May 31, 2015 | $11.11 | May 22, 2015 | $11.11 |
| Jun 7, 2015 | $11.11 | May 22, 2015 | $0.56 |
| May 29, 2015 | $10.56 | ||
| Jun 14, 2015 | $11.11 | May 29, 2015 | $0.72 |
| Jun 18, 2015 | $10.39 | ||
| Jun 21, 2015 | $0.72 | Jun 18, 2015 | $0.72 |
| Jun 28, 2015 | $22.22 | Jun 23, 2015 | $22.22 |
| Jul 5, 2015 | $18.89 | Jun 30, 2015 | $18.89 |
| Jul 12, 2015 | $19.98 | Jun 30, 2015 | $2.22 |
| Jul 6, 2015 | $17.76 | ||
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