I intend to use this loan to expand my business by buying a new shaving machine,venture more into the business of sellin...

Jonathan

Mukuru Kayaba, Kenya

5% repaid

Entrepreneur

Name

Jonathan

Member since

February 2014

On-time repayments

264 installments  •  4%

About Me

I am the fourth born in a family of ten children. I was born in Kibera slums and raised until when I finished my primary school education we moved to mukuru kayaba . I joined secondary but unfortunately I dropped out when I was in form three due to lack of school fees. At this point I knew I could not depend on my parents any more to provide for my needs because my young siblings required there support more than I did. So I started doing casual jobs in the Indians factories and after few years I was able to save some money and I started a business.

My Business

i own a barber shop ,it is located in mukuru kayaba. My main services include hair and beards shaving apart from that i also sell some music cds and cassettes. most of the people prefer my services because am very good at interacting with my customers ,i offer them the best services according to their specifications and am also a highly skilled barber as compared to the other barbers around the area. I make an average profit of about Kes 17,000 per month after subtracting all the expenses such as rent water bill and electricity bill.

Loan Proposal

Hi lenders i intend to use this loan to use buy a new shaving machine which costs Kes 4500. i will also expand my music cds and cassettes selling business by adding more variety of music cds this will cost Kes 1500, i also intend to venture into the business of selling and renting video cds and dvds which requires a sum of Kes 5500.
when i buy the new machine i intend to employ an extra barber who will be helping when there are many customers and i will be paying him on commission basis. doing this i will have created employment and also increase my customer handling ability which we lead to more profits as more people will prefer coming to my barber because the waiting ques will be shorter and the service delivery will be fast and of high quality. also increase my stock of music cds and cassettes and venturing into the selling and renting of video cds and dvds will add more profits to the business and also spread risks.
i request lenders to support me so that i can grow as an? entrepreneur and help in the building of my country economy .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 25, 2014

Repayment status

Late

Projected term

61 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

T

theChad

Perth, Australia

dsmart978

Bondurant, United States

Jason

Auckland, New Zealand

Kenji

Panamá, Panama

B

Bokolo

Leeds, United Kingdom

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

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Summary

Amount repaid

$15.61

Amount remaining

$304.68

Expected completion

Mar 29, 2019

Status

Repaying late

Installment amount

$1.21

Repayment History

Expected Payments Actual Payments
Mar 6, 2014 $2.35 Mar 6, 2014 $2.35
Mar 14, 2014 $2.35 Mar 6, 2014 $2.35
Mar 21, 2014 $0.00
Mar 28, 2014 $0.00
Apr 4, 2014 $1.21 Apr 4, 2014 $1.21
Apr 11, 2014 $1.21 Apr 4, 2014 $1.21
Apr 18, 2014 $1.21 Apr 4, 2014 $0.52
Apr 29, 2014 $0.69
Apr 25, 2014 $1.21 Apr 29, 2014 $1.21
May 2, 2014 $1.21 Apr 29, 2014 $1.21
May 9, 2014 $1.21 Apr 29, 2014 $0.41
May 15, 2014 $0.80
May 16, 2014 $1.21 May 15, 2014 $1.21
May 23, 2014 $1.21 May 15, 2014 $1.21
May 30, 2014 $1.21 May 15, 2014 $1.21
Jun 6, 2014 $1.21
Jun 13, 2014 $1.21
Jun 20, 2014 $1.21
Jun 27, 2014 $1.21
Jul 4, 2014 $1.21
Jul 11, 2014 $1.21
Jul 18, 2014 $1.21
Jul 25, 2014 $1.21
Aug 1, 2014 $1.21
Aug 8, 2014 $1.21
Aug 15, 2014 $1.21
Aug 22, 2014 $1.21
Aug 29, 2014 $1.21
Sep 5, 2014 $1.21
Sep 12, 2014 $1.21
Sep 19, 2014 $1.21
Sep 26, 2014 $1.21
Oct 3, 2014 $1.21
Oct 10, 2014 $1.21
Oct 17, 2014 $1.21
Oct 24, 2014 $1.21
Oct 31, 2014 $1.21
Nov 6, 2014 $1.21
Nov 13, 2014 $1.21
Nov 20, 2014 $1.21
Nov 27, 2014 $1.21
Dec 4, 2014 $1.21
Dec 11, 2014 $1.21
Dec 18, 2014 $1.21
Dec 25, 2014 $1.21
Jan 1, 2015 $1.21
Jan 8, 2015 $1.21
Jan 15, 2015 $1.21
Jan 22, 2015 $1.21
Jan 29, 2015 $1.21
Feb 5, 2015 $1.21
Feb 12, 2015 $1.21
Feb 19, 2015 $1.21
Feb 26, 2015 $1.21
Mar 5, 2015 $1.21
Mar 13, 2015 $1.21
Mar 20, 2015 $1.21
Mar 27, 2015 $1.21
Apr 3, 2015 $1.21
Apr 10, 2015 $1.21
Apr 17, 2015 $1.21
Apr 24, 2015 $1.21
May 1, 2015 $1.21
May 8, 2015 $1.21
May 15, 2015 $1.21
May 22, 2015 $1.21
May 29, 2015 $1.21
Jun 5, 2015 $1.21
Jun 12, 2015 $1.21
Jun 19, 2015 $1.21
Jun 26, 2015 $1.21
Jul 3, 2015 $1.21
Jul 10, 2015 $1.21
Jul 17, 2015 $1.21
Jul 24, 2015 $1.21
Jul 31, 2015 $1.21
Aug 7, 2015 $1.21
Aug 14, 2015 $1.21
Aug 21, 2015 $1.21
Aug 28, 2015 $1.21
Sep 4, 2015 $1.21
Sep 11, 2015 $1.21
Sep 18, 2015 $1.21
Sep 25, 2015 $1.21
Oct 2, 2015 $1.21
Oct 9, 2015 $1.21
Oct 16, 2015 $1.21
Oct 23, 2015 $1.21
Oct 30, 2015 $1.21
Nov 5, 2015 $1.21
Nov 12, 2015 $1.21
Nov 19, 2015 $1.21
Nov 26, 2015 $1.21
Dec 3, 2015 $1.21
Dec 10, 2015 $1.21
Dec 17, 2015 $1.21
Dec 24, 2015 $1.21
Dec 31, 2015 $1.21
Jan 7, 2016 $1.21
Jan 14, 2016 $1.21
Jan 21, 2016 $1.21
Jan 28, 2016 $1.21
Feb 4, 2016 $1.21
Feb 11, 2016 $1.21
Feb 18, 2016 $1.21
Feb 25, 2016 $1.21
Mar 3, 2016 $1.21
Mar 10, 2016 $1.21
Mar 18, 2016 $1.21
Mar 25, 2016 $1.21
Apr 1, 2016 $1.21
Apr 8, 2016 $1.21
Apr 15, 2016 $1.21
Apr 22, 2016 $1.21
Apr 29, 2016 $1.21
May 6, 2016 $1.21
May 13, 2016 $1.21
May 20, 2016 $1.21
May 27, 2016 $1.21
Jun 3, 2016 $1.21
Jun 10, 2016 $1.21
Jun 17, 2016 $1.21
Jun 24, 2016 $1.21
Jul 1, 2016 $1.21
Jul 8, 2016 $1.21
Jul 15, 2016 $1.21
Jul 22, 2016 $1.21
Jul 29, 2016 $1.21
Aug 5, 2016 $1.21
Aug 12, 2016 $1.21
Aug 19, 2016 $1.21
Aug 26, 2016 $1.21
Sep 2, 2016 $1.21
Sep 9, 2016 $1.21
Sep 16, 2016 $1.21
Sep 23, 2016 $1.21
Sep 30, 2016 $1.21
Oct 7, 2016 $1.21
Oct 14, 2016 $1.21
Oct 21, 2016 $1.21
Oct 28, 2016 $1.21
Nov 4, 2016 $1.21
Nov 10, 2016 $1.21
Nov 17, 2016 $1.21
Nov 24, 2016 $1.21
Dec 1, 2016 $1.21
Dec 8, 2016 $1.21
Dec 15, 2016 $1.21
Dec 22, 2016 $1.21
Dec 29, 2016 $1.21
Jan 5, 2017 $1.21
Jan 12, 2017 $1.21
Jan 19, 2017 $1.21
Jan 26, 2017 $1.21
Feb 2, 2017 $1.21
Feb 9, 2017 $1.21
Feb 16, 2017 $1.21
Feb 23, 2017 $1.21
Mar 2, 2017 $1.21
Mar 9, 2017 $1.21
Mar 17, 2017 $1.21
Mar 24, 2017 $1.21
Mar 31, 2017 $1.21
Apr 7, 2017 $1.21
Apr 14, 2017 $1.21
Apr 21, 2017 $1.21
Apr 28, 2017 $1.21
May 5, 2017 $1.21
May 12, 2017 $1.21
May 19, 2017 $1.21
May 26, 2017 $1.21
Jun 2, 2017 $1.21
Jun 9, 2017 $1.21
Jun 16, 2017 $1.21
Jun 23, 2017 $1.21
Jun 30, 2017 $1.21
Jul 7, 2017 $1.21
Jul 14, 2017 $1.21
Jul 21, 2017 $1.21
Jul 28, 2017 $1.21
Aug 4, 2017 $1.21
Aug 11, 2017 $1.21
Aug 18, 2017 $1.21
Aug 25, 2017 $1.21
Sep 1, 2017 $1.21
Sep 8, 2017 $1.21
Sep 15, 2017 $1.21
Sep 22, 2017 $1.21
Sep 29, 2017 $1.21
Oct 6, 2017 $1.21
Oct 13, 2017 $1.21
Oct 20, 2017 $1.21
Oct 27, 2017 $1.21
Nov 3, 2017 $1.21
Nov 9, 2017 $1.21
Nov 16, 2017 $1.21
Nov 23, 2017 $1.21
Nov 30, 2017 $1.21
Dec 7, 2017 $1.21
Dec 14, 2017 $1.21
Dec 21, 2017 $1.21
Dec 28, 2017 $1.21
Jan 4, 2018 $1.21
Jan 11, 2018 $1.21
Jan 18, 2018 $1.21
Jan 25, 2018 $1.21
Feb 1, 2018 $1.21
Feb 8, 2018 $1.21
Feb 15, 2018 $1.21
Feb 22, 2018 $1.21
Mar 1, 2018 $1.21
Mar 8, 2018 $1.21
Mar 16, 2018 $1.21
Mar 23, 2018 $1.21
Mar 30, 2018 $1.21
Apr 6, 2018 $1.21
Apr 13, 2018 $1.21
Apr 20, 2018 $1.21
Apr 27, 2018 $1.21
May 4, 2018 $1.21
May 11, 2018 $1.21
May 18, 2018 $1.21
May 25, 2018 $1.21
Jun 1, 2018 $1.21
Jun 8, 2018 $1.21
Jun 15, 2018 $1.21
Jun 22, 2018 $1.21
Jun 29, 2018 $1.21
Jul 6, 2018 $1.21
Jul 13, 2018 $1.21
Jul 20, 2018 $1.21
Jul 27, 2018 $1.21
Aug 3, 2018 $1.21
Aug 10, 2018 $1.21
Aug 17, 2018 $1.21
Aug 24, 2018 $1.21
Aug 31, 2018 $1.21
Sep 7, 2018 $1.21
Sep 14, 2018 $1.21
Sep 21, 2018 $1.21
Sep 28, 2018 $1.21
Oct 5, 2018 $1.21
Oct 12, 2018 $1.21
Oct 19, 2018 $1.21
Oct 26, 2018 $1.21
Nov 2, 2018 $1.21
Nov 8, 2018 $1.21
Nov 15, 2018 $1.21
Nov 22, 2018 $1.21
Nov 29, 2018 $1.21
Dec 6, 2018 $1.21
Dec 13, 2018 $1.21
Dec 20, 2018 $1.21
Dec 27, 2018 $1.21
Jan 3, 2019 $1.21
Jan 10, 2019 $1.21
Jan 17, 2019 $1.21
Jan 24, 2019 $1.21
Jan 31, 2019 $1.21
Feb 7, 2019 $1.21
Feb 14, 2019 $1.21
Feb 21, 2019 $1.21
Feb 28, 2019 $1.21
Mar 7, 2019 $1.21
Mar 15, 2019 $1.21
Mar 22, 2019 $1.21
Mar 29, 2019 $0.53

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