Entrepreneur
Name
Paul
Member since
February 2012
On-time repayments
20 installments • 20%
About Me
I am married with two children. one of them is schooling. I live in kiptangwanyi shopping centre plot number 2. I have a soda depot at the centre. the products that I sell have a very high demand since this area is hot and I am the only person who sell this product in wholesale to Kiptangwanyi center and other neighbouring centres
My Business
I have a soda depot at Kiptangwanyi shopping center. I sell soda in wholesale to other retailers within the shopping centre as well as others who are from neighbouring shopping centres. I also distribute mineral water to them. The business is profitable since I am the only one with a depot here. The main challenges that the business are poor means of transport and insufficient capital to expand the business.
Loan Proposal
I would like to use my loan to expand my business, i.e to increase stock. I would also like to buy a deep freezer. This will be very useful in preserving the soft drinks and also to keep the cold as this area is very hot and thus cold drinks have a very high demand.
Feedback
Positive
3
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$993.00
Date disbursed
Mar 9, 2012
Repayment status
On Time
Projected term
18 months
Other loans
Lenders
Oslo, Norway
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Summary
Amount repaid
$359.90
Amount remaining
$0.00
Date repaid
Jan 2, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 9, 2012 | $21.17 | May 13, 2012 | $21.17 |
| Jun 9, 2012 | $21.17 | Jun 10, 2012 | $21.17 |
| Jul 9, 2012 | $21.17 | Jun 10, 2012 | $3.22 |
| Jul 8, 2012 | $17.95 | ||
| Aug 9, 2012 | $21.17 | Jul 8, 2012 | $3.22 |
| Dec 28, 2012 | $17.95 | ||
| Sep 9, 2012 | $21.17 | Dec 28, 2012 | $18.63 |
| Dec 31, 2012 | $2.54 | ||
| Oct 9, 2012 | $21.17 | Dec 31, 2012 | $21.17 |
| Nov 9, 2012 | $21.17 | Dec 31, 2012 | $21.17 |
| Dec 9, 2012 | $21.17 | Dec 31, 2012 | $21.17 |
| Jan 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Feb 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Mar 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Apr 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| May 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Jun 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Jul 9, 2013 | $21.17 | Dec 31, 2012 | $21.17 |
| Aug 9, 2013 | $21.17 | Dec 31, 2012 | $16.67 |
| Jan 2, 2013 | $4.50 | ||
| Sep 9, 2013 | $21.17 | Jan 2, 2013 | $21.11 |
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