Inventory of additional goods for retail shop
Albin
Kericho, Kenya
5% repaid
Entrepreneur
Name
Albin
Member since
January 2015
On-time repayments
122 installments • 3%
About Me
My name is Albin Kiplngat Ngeno , now 26 years old and living with my family in Baraka village of Kericho county. I was born and grew up in Kericho county where I attended both primary and secondary schools.
I later went to Kabete Technical Institute to pursue a diploma course in general agriculture but have since been looking for employment.
Currently, i have a small retail shop at Baraka shopping centre where i spend most of my time.
My hobbies are watching movies and sports.
My Business
I own and ran a retail shop in Baraka shopping centre. I have been doing this for the past one year and has been a success so far.
I mainly sell fast moving domestic goods such as maize flour, sugar, rice, cooking oil, baking flour and detergents.
It is my only source of income I use most of the proceeds to pay my bills and and in supporting my siblings who are currently in secondary schools.
Loan Proposal
Since most of the proceeds often go to consumption, it has been hard to save for investments especially for improving the stock. The demand is good and to counter this and reduce costs, I would like to increase the size of my stock- which is appealing and cost effective.
I therefore plan to use the all the $100 in buying bulk goods and introduce new products to reduce costs and improve profits.
I will use the daily proceeds to service the loan as well as save for future projects.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 4, 2015
Repayment status
Late
Projected term
28 months
Lenders
Sydney, Australia
Republic of Korea
Summary
Amount repaid
$6.67
Amount remaining
$124.80
Expected completion
Jun 11, 2017
Status
Repaying late
Installment amount
$1.11
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 15, 2015 | $1.11 | Feb 15, 2015 | $1.11 |
| Feb 22, 2015 | $0.00 | ||
| Mar 1, 2015 | $1.11 | Mar 6, 2015 | $1.11 |
| Mar 8, 2015 | $1.11 | Mar 15, 2015 | $1.11 |
| Mar 15, 2015 | $1.11 | Mar 29, 2015 | $1.11 |
| Mar 22, 2015 | $1.11 | Mar 29, 2015 | $1.11 |
| Mar 29, 2015 | $1.11 | Apr 19, 2015 | $1.11 |
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $1.11 | ||
| May 3, 2015 | $1.11 | ||
| May 10, 2015 | $1.11 | ||
| May 17, 2015 | $1.11 | ||
| May 24, 2015 | $1.11 | ||
| May 31, 2015 | $1.11 | ||
| Jun 7, 2015 | $1.11 | ||
| Jun 14, 2015 | $1.11 | ||
| Jun 21, 2015 | $1.11 | ||
| Jun 28, 2015 | $1.11 | ||
| Jul 5, 2015 | $1.11 | ||
| Jul 12, 2015 | $1.11 | ||
| Jul 19, 2015 | $1.11 | ||
| Jul 26, 2015 | $1.11 | ||
| Aug 2, 2015 | $1.11 | ||
| Aug 9, 2015 | $1.11 | ||
| Aug 16, 2015 | $1.11 | ||
| Aug 23, 2015 | $1.11 | ||
| Aug 30, 2015 | $1.11 | ||
| Sep 6, 2015 | $1.11 | ||
| Sep 13, 2015 | $1.11 | ||
| Sep 20, 2015 | $1.11 | ||
| Sep 27, 2015 | $1.11 | ||
| Oct 4, 2015 | $1.11 | ||
| Oct 11, 2015 | $1.11 | ||
| Oct 18, 2015 | $1.11 | ||
| Oct 25, 2015 | $1.11 | ||
| Nov 1, 2015 | $1.11 | ||
| Nov 8, 2015 | $1.11 | ||
| Nov 15, 2015 | $1.11 | ||
| Nov 22, 2015 | $1.11 | ||
| Nov 29, 2015 | $1.11 | ||
| Dec 6, 2015 | $1.11 | ||
| Dec 13, 2015 | $1.11 | ||
| Dec 20, 2015 | $1.11 | ||
| Dec 27, 2015 | $1.11 | ||
| Jan 3, 2016 | $1.11 | ||
| Jan 10, 2016 | $1.11 | ||
| Jan 17, 2016 | $1.11 | ||
| Jan 24, 2016 | $1.11 | ||
| Jan 31, 2016 | $1.11 | ||
| Feb 7, 2016 | $1.11 | ||
| Feb 14, 2016 | $1.11 | ||
| Feb 21, 2016 | $1.11 | ||
| Feb 28, 2016 | $1.11 | ||
| Mar 6, 2016 | $1.11 | ||
| Mar 13, 2016 | $1.11 | ||
| Mar 20, 2016 | $1.11 | ||
| Mar 27, 2016 | $1.11 | ||
| Apr 3, 2016 | $1.11 | ||
| Apr 10, 2016 | $1.11 | ||
| Apr 17, 2016 | $1.11 | ||
| Apr 24, 2016 | $1.11 | ||
| May 1, 2016 | $1.11 | ||
| May 8, 2016 | $1.11 | ||
| May 15, 2016 | $1.11 | ||
| May 22, 2016 | $1.11 | ||
| May 29, 2016 | $1.11 | ||
| Jun 5, 2016 | $1.11 | ||
| Jun 12, 2016 | $1.11 | ||
| Jun 19, 2016 | $1.11 | ||
| Jun 26, 2016 | $1.11 | ||
| Jul 3, 2016 | $1.11 | ||
| Jul 10, 2016 | $1.11 | ||
| Jul 17, 2016 | $1.11 | ||
| Jul 24, 2016 | $1.11 | ||
| Jul 31, 2016 | $1.11 | ||
| Aug 7, 2016 | $1.11 | ||
| Aug 14, 2016 | $1.11 | ||
| Aug 21, 2016 | $1.11 | ||
| Aug 28, 2016 | $1.11 | ||
| Sep 4, 2016 | $1.11 | ||
| Sep 11, 2016 | $1.11 | ||
| Sep 18, 2016 | $1.11 | ||
| Sep 25, 2016 | $1.11 | ||
| Oct 2, 2016 | $1.11 | ||
| Oct 9, 2016 | $1.11 | ||
| Oct 16, 2016 | $1.11 | ||
| Oct 23, 2016 | $1.11 | ||
| Oct 30, 2016 | $1.11 | ||
| Nov 6, 2016 | $1.11 | ||
| Nov 13, 2016 | $1.11 | ||
| Nov 20, 2016 | $1.11 | ||
| Nov 27, 2016 | $1.11 | ||
| Dec 4, 2016 | $1.11 | ||
| Dec 11, 2016 | $1.11 | ||
| Dec 18, 2016 | $1.11 | ||
| Dec 25, 2016 | $1.11 | ||
| Jan 1, 2017 | $1.11 | ||
| Jan 8, 2017 | $1.11 | ||
| Jan 15, 2017 | $1.11 | ||
| Jan 22, 2017 | $1.11 | ||
| Jan 29, 2017 | $1.11 | ||
| Feb 5, 2017 | $1.11 | ||
| Feb 12, 2017 | $1.11 | ||
| Feb 19, 2017 | $1.11 | ||
| Feb 26, 2017 | $1.11 | ||
| Mar 5, 2017 | $1.11 | ||
| Mar 12, 2017 | $1.11 | ||
| Mar 19, 2017 | $1.11 | ||
| Mar 26, 2017 | $1.11 | ||
| Apr 2, 2017 | $1.11 | ||
| Apr 9, 2017 | $1.11 | ||
| Apr 16, 2017 | $1.11 | ||
| Apr 23, 2017 | $1.11 | ||
| Apr 30, 2017 | $1.11 | ||
| May 7, 2017 | $1.11 | ||
| May 14, 2017 | $1.11 | ||
| May 21, 2017 | $1.11 | ||
| May 28, 2017 | $1.11 | ||
| Jun 4, 2017 | $1.11 | ||
| Jun 11, 2017 | $1.47 | ||
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