Name
Robert
Member since
January 2015
On-time repayments
78 installments • 64%
I am a 30 year old father of one.I was born in a family of three as the first born.Born in the countryside i went to a public primary school and performed very well where i secured a place in a provincial secondary school.I had a dream to be a businessman but due to lack of school fees i almost lost my dream.
I transferred my admission to a day school so that i could raise my fee from my parents farm, where we grew vegetables and sold to neighbors.With the processed i could support my self for food and transport.After finishing my high school i proceeded to college where i did a diploma in business management so that when i save up i could be able to run a business successfully.
I have a small second hand clothing shop in gikomba market.I buy half a bale per week and business is good.I am planning to start a rabbit farm along side because i have been getting orders and many people are looking for rabbit meat.So far i have saved up some proceeds from my current business and i have bought the material for the construction.The typical costs for these will be to buy the kittens , food and the roofing material.
I love farming and playing football as a hobby.I plan to use the profits to pay back to loan, expand the business and buy better varieties of rabbits which will also need some investment into research.
The loan will help me to increase the stock of brand new t-shirts which i started last week.As i stated in my comments i had a set back from fire in which i lost a number of my stock in gikomba market,so i decided to invest some money in brand new t-shirts in eastleigh market,which is much safer in awake of such tragedies.The market for new clothe is good and i will be buying my stock from the same market,so it will be economical in time management.I plan to add 70 t-shirts from 30 which I have .35 t-shirts will be for kids and 35 for men.The cost of 70 t-shirts is $145 .$35 will be for buying timber and nails to make a table for putting my t-shits on display and $20will be for labour for the carpenter.Total cost will be around $200.This will help me to increase my profits because new clothes now days are marketable than second hand,i will have to employee one person,so economically it will create job.I expect a profit of $12 to$15per day and even up to $25 during weekends.I will be glad to walk with you in this business.Thank you in advance.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Jul 14, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Amount repaid
$205.86
Amount remaining
$0.00
Date repaid
Nov 17, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 26, 2015 | $8.25 | Jul 25, 2015 | $8.25 |
Aug 2, 2015 | $8.25 | Jul 25, 2015 | $2.06 |
Aug 1, 2015 | $6.19 | ||
Aug 9, 2015 | $8.25 | Aug 1, 2015 | $4.12 |
Aug 8, 2015 | $4.12 | ||
Aug 16, 2015 | $8.25 | Aug 8, 2015 | $6.19 |
Aug 15, 2015 | $2.06 | ||
Aug 23, 2015 | $8.25 | Aug 21, 2015 | $8.25 |
Aug 30, 2015 | $8.25 | Aug 21, 2015 | $2.06 |
Aug 29, 2015 | $6.19 | ||
Sep 6, 2015 | $8.25 | Aug 29, 2015 | $8.25 |
Sep 13, 2015 | $8.25 | Aug 29, 2015 | $2.06 |
Sep 12, 2015 | $6.19 | ||
Sep 20, 2015 | $8.25 | Sep 12, 2015 | $4.12 |
Sep 18, 2015 | $4.12 | ||
Sep 27, 2015 | $8.25 | Sep 18, 2015 | $6.19 |
Sep 23, 2015 | $2.06 | ||
Oct 4, 2015 | $8.25 | Sep 23, 2015 | $8.25 |
Oct 11, 2015 | $8.25 | Oct 10, 2015 | $8.25 |
Oct 18, 2015 | $8.25 | Oct 18, 2015 | $8.25 |
Oct 25, 2015 | $8.25 | Oct 18, 2015 | $1.86 |
Oct 25, 2015 | $6.39 | ||
Nov 1, 2015 | $8.25 | Oct 25, 2015 | $4.21 |
Oct 31, 2015 | $4.04 | ||
Nov 8, 2015 | $8.25 | Oct 31, 2015 | $8.25 |
Nov 15, 2015 | $8.25 | Oct 31, 2015 | $1.73 |
Nov 15, 2015 | $6.52 | ||
Nov 22, 2015 | $8.25 | Nov 15, 2015 | $3.79 |
Nov 17, 2015 | $4.45 | ||
Nov 29, 2015 | $8.25 | Nov 17, 2015 | $8.25 |
Dec 6, 2015 | $8.25 | Nov 17, 2015 | $8.25 |
Dec 13, 2015 | $8.25 | Nov 17, 2015 | $8.25 |
Dec 20, 2015 | $8.25 | Nov 17, 2015 | $8.25 |
Dec 27, 2015 | $8.25 | Nov 17, 2015 | $8.25 |
Jan 3, 2016 | $8.25 | Nov 17, 2015 | $8.25 |
Jan 10, 2016 | $7.92 | Nov 17, 2015 | $7.92 |
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