David
Mbale, Kenya
100% repaid
Name
David
Member since
March 2017
On-time repayments
29 installments • 48%
Always committed and desire to achieve better something that i learnt through my previous financial constraints.
I also love enjoying the results of my hard work as away of motivation.
Am also an innovative guy who always spots the business gap, i identify the necessary resources and invest inthe spotted gaps. This has helped me achieve my goals hence a need for more financial help, to further my dreams.
Currently running a furniture workshop. A business that is 7 years old now with a net capital of Ksh. 103,000.
The business net profit per month amounts to one hundred and three thousands Kenyan Shillings
The business started as cotion cover business with a capital of twenty thousand kenyan Shilling and now have grown to an extend of employing nine people from my community.
Am also employed in a finance company, as an asset finance officer, a company that i have worked in for five years now.
I will use the loan for repairing my machine which broke down two days ago and has lead to delays to my clients.It has also cause the loss of some clients which I suspect will decrease my profit margin.After repairing the machine,I will increase my working hours inorder to recover the wasted time during machine break down.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Jun 7, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Amount repaid
$4.15
Amount remaining
$0.00
Date repaid
Jul 30, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 18, 2017 | $0.99 | Jul 30, 2017 | $0.99 |
Jun 25, 2017 | $0.99 | Jul 30, 2017 | $0.99 |
Jul 2, 2017 | $0.99 | Jul 30, 2017 | $0.99 |
Jul 9, 2017 | $0.99 | Jul 30, 2017 | $0.99 |
Jul 16, 2017 | $0.20 | Jul 30, 2017 | $0.20 |
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