Laban
Nairobi, Kenya
100% repaid
Name
Laban
Member since
January 2014
On-time repayments
269 installments • 23%
My name is Laban Kemboi. I hold a bachelors degree in Business Management. I am a father of two and we live in the Outskirts of Nairobi City(Kawangware) to get to this place one will board a bus No. 46 from the city Centre and alight at a Stage called "Coast". I am currently employed(Permenently
) by a company in Nairobi Kenya . I decided to start a business in order to generate more income to suppliment my earnings. The earnings from the business are used to pay for bills and also invest further.
My business entails selling of Groceries within the place that i live. My products are on demand since Fruits and vegetable are normally consumed on daily basis hence there is a steady and regular market for my products .My ability to repay the loan is Quaranteed by my Current Job together with the profits am currently making from the business. My business is doing well since i treat my customers well and provide quality service and goods at an affordable price.
For this case i would like to state that i will be using my salary to repay the loan as and when granted since i earn a monthly salary regularly and this will augur well with the monthly repayments.
With this loan i will buy more stock (fruits and vegetables) for the business this will increase my capital hence will have a larger stock to work with which will translate to an increase in revenue and ultimately Profit. I need this support since my budget is currently tight and am unable to raise additional capital using my current income earnings.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 26, 2014
Repayment status
On Time
Projected term
2 months
Other loans
Ask Laban a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$52.92
Amount remaining
$0.00
Date repaid
Mar 2, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 7, 2014 | $5.85 | Jan 30, 2014 | $0.59 |
Feb 7, 2014 | $5.26 | ||
Feb 14, 2014 | $5.85 | Feb 7, 2014 | $0.62 |
Feb 14, 2014 | $5.22 | ||
Feb 21, 2014 | $5.85 | Feb 14, 2014 | $0.66 |
Feb 20, 2014 | $5.19 | ||
Feb 28, 2014 | $5.85 | Feb 20, 2014 | $0.69 |
Feb 27, 2014 | $5.15 | ||
Mar 7, 2014 | $5.85 | Feb 27, 2014 | $0.73 |
Mar 2, 2014 | $5.12 | ||
Mar 15, 2014 | $5.85 | Mar 2, 2014 | $5.85 |
Mar 22, 2014 | $5.85 | Mar 2, 2014 | $5.85 |
Mar 29, 2014 | $5.85 | Mar 2, 2014 | $5.85 |
Apr 5, 2014 | $5.85 | Mar 2, 2014 | $5.85 |
Loading...