Erick
Nakuru, Kenya
$0 to go
100% funded of $50 goal
0
days left
Name
Erick
Member since
April 2015
On-time repayments
17 installments • 0%
Am Eric kahuno born 3rd in a family of six, having done and completed my education in the year 2002, born and raised in a christian family . during my childhood i had wished to become a Doctor in surgery but due to financial constraints forced me to drop my dream and pursue a sales and marketing course which made to start my own business since i had enough experience in business after having done an internship at Nakuru county council as a Marketer. i later got employed in 2005 as a sales person in a construction company dealing in Culvert, which i late quit since i was earning very low and i had more bills to pay. From the saving i bought 2 bicycles, employed two guys who would ferry people from one place to the other. so i used to earn at least USD 2 each day. Eventually i also managed to save and added 6 more which later on i saved and bought a Motorbike and ventured into transporting farm produce from shops to farmers in Rural Areas.
I have a kid who aspires to a football soccer star, and he is good at it.
As i had said earlier after having succeeded in Bicyce business i decided to buy a Motor Bike which i now use to Transport Farm produce from Shops to rural areas to farmers. i choose this kind of Business since i knew a little about the agriculture sector and since farmers had a hard accessing major towns due to transport issues. I do managed to make Nett profit of USD 200 after sales & 16 % VAT. I do use my profits to pay my kids tuition fee,house rent and other basic needs. In conclusion granted the loan will make my advanced changes to my business perhaps and boost my business.
since am fully recovered and my bike is ok, what i need to get back on my feet is buy new farm produce to supply to my customers. i will be very grateful if u granted me the loan since im stuck due to the incident i was involved in. granted the loan i will buy one crate of tomatoes which costs 50 dollars and add up to what i have and eventually ill be making a profit of USD 10 in every crate am able to supply.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 17, 2015
Repayment status
Late
Projected term
2 months
Other loans
Amount repaid
$0.00
Amount remaining
$52.25
Expected completion
Sep 20, 2015
Status
Repaying late
Installment amount
$6.19
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 26, 2015 | $6.19 | ||
Aug 2, 2015 | $6.19 | ||
Aug 9, 2015 | $6.19 | ||
Aug 16, 2015 | $6.19 | ||
Aug 23, 2015 | $6.19 | ||
Aug 30, 2015 | $6.19 | ||
Sep 6, 2015 | $6.19 | ||
Sep 13, 2015 | $6.19 | ||
Sep 20, 2015 | $2.76 |
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