Entrepreneur
Name
Nelson
Member since
May 2012
On-time repayments
97 installments • 59%
About Me
I was born in1982 at Kimangu farm in Rongai District in Nakuru county .I went to Kimangu primary school in our area. After completing my primary education ,i help my parent for they could not manage to pay for my further education.In 2000 i went for a driving school in the same area .2004 i went to Nairobi our capital city and employed as a driver to 2007.I came home where by i opened a retail shop to date .The business is good to me because i can join the groups and manage to pay off the loan given.I am married with two sons.
My Business
My business is a retail shop, where i sell all kind of shop .The shop is at our home .I like my business because it help me to manage my family and a living.The risk i face in my business is when the stock is little for i may loose the customers.I practice farming where i'm keeping dairy Goats, chickens at our home ,also by planting maize and beans at rented farm.
Loan Proposal
I will use the amount to increase my business by buying 2 bags of sugar worth K.E.S.10.000,2 bags of rice worth K.E.S.7,000,10 bales of wheat flour worth K.E.S12,000,10 cartons of cooking fat worth K.E.S.10,000.5 bags of maize flour worth K.E.S.9,000.If given the amount my business will be able to serve more customers than present.I will also manage to get tenders from our neighboring school and hotel around my village.Furthermore i and my wife will be ever busy working the shop.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$580.00
Date disbursed
Aug 19, 2013
Repayment status
On Time
Projected term
24 months
Other loans
Lenders
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Summary
Amount repaid
$677.33
Amount remaining
$0.00
Date repaid
Aug 28, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 19, 2013 | $28.20 | Sep 23, 2013 | $28.20 |
| Oct 19, 2013 | $28.20 | Sep 25, 2013 | $28.20 |
| Nov 18, 2013 | $28.20 | Oct 22, 2013 | $28.20 |
| Dec 18, 2013 | $28.20 | Oct 22, 2013 | $27.27 |
| Nov 18, 2013 | $0.93 | ||
| Jan 18, 2014 | $28.20 | Nov 18, 2013 | $28.20 |
| Feb 18, 2014 | $28.20 | Nov 18, 2013 | $23.20 |
| Dec 22, 2013 | $5.00 | ||
| Mar 19, 2014 | $28.20 | Dec 22, 2013 | $28.20 |
| Apr 19, 2014 | $28.20 | Dec 22, 2013 | $14.48 |
| Jan 20, 2014 | $13.72 | ||
| May 19, 2014 | $28.20 | Jan 20, 2014 | $28.20 |
| Jun 19, 2014 | $28.20 | Jan 20, 2014 | $4.94 |
| Mar 13, 2014 | $23.26 | ||
| Jul 19, 2014 | $28.20 | Mar 13, 2014 | $23.26 |
| Jul 28, 2014 | $4.94 | ||
| Aug 19, 2014 | $28.20 | Jul 28, 2014 | $28.20 |
| Sep 19, 2014 | $28.20 | Jul 28, 2014 | $23.84 |
| Aug 25, 2014 | $4.36 | ||
| Oct 19, 2014 | $28.20 | Aug 25, 2014 | $28.20 |
| Nov 18, 2014 | $28.20 | Aug 25, 2014 | $28.20 |
| Dec 18, 2014 | $28.20 | Aug 25, 2014 | $28.20 |
| Jan 18, 2015 | $28.20 | Aug 25, 2014 | $28.20 |
| Feb 18, 2015 | $28.20 | Aug 25, 2014 | $28.20 |
| Mar 19, 2015 | $28.20 | Aug 25, 2014 | $28.20 |
| Apr 19, 2015 | $28.20 | Aug 25, 2014 | $20.64 |
| Aug 26, 2014 | $7.56 | ||
| May 19, 2015 | $28.20 | Aug 26, 2014 | $28.20 |
| Jun 19, 2015 | $28.20 | Aug 26, 2014 | $28.20 |
| Jul 19, 2015 | $28.20 | Aug 26, 2014 | $28.20 |
| Aug 19, 2015 | $28.20 | Aug 26, 2014 | $10.29 |
| Aug 27, 2014 | $17.91 | ||
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