Justin
Ruiru, Kenya
100% repaid
Name
Justin
Member since
September 2014
On-time repayments
161 installments • 37%
I am the first born in a family of seven, an accountant at Bidii Investments, and a clothing business owner.
Growing up in a family of seven inspired me to work hard in order to help in supporting the family. As a child, I always dreamt of owning a business. Achieving this dream was not easy, but through personal savings I was able to set up a clothing business.
My hobbies include reading newspapers, magazines, and novels, and also socializing.
My business entails selling new clothes at retail prices after acquiring them in bulk from wholesalers. Even though over the years there has been influx of secondhand clothes in the market, many people still prefer buying new clothes.
I chose to venture into this business due to a gap which existed as a result of a lack of businesses similar to mine in the business locality.
My typical costs include:
rent -$67
employees wages- $78
transport cost- $56
water and electricity bill- $22
revenue-$222.2
Most of the profits the business generates are usually re-invested into the business.
My business entails selling new clothes at retail prices, after acquiring them in bulk from wholesalers.
If granted the loan i will buy new trouser worth $50,night dress worth $20,ladies dress worth $30,towels worth $30,shirt worth $35 and pillow worth $25.
with this increase in stock i will be able to generate an extra profit of $110 in and hence beside continuing assisting my younger sister i will be able to extend my help to my older sister by catering for part payment of school fee in college which she expect to join in September 2015 to pursue a course in Business Management.
Am also in the process of going back to school to pursue Bachelor of Commerce beginning next year
Extra Profit of about $50 generated will be re-invested into the business.
Am a first born in a family of seven, an accountant at Bidii investments and a clothing business owner.
Growing up in a family of seven inspired me to work hard in order to help in supporting the family.
As a child i always dreamt of owning a business, achieving this dream was not easy but through personal savings i was able to set up a clothing business.
My hobbies include reading newspapers, magazines , novels and also socializing.
My business entails selling new clothes at retail prices, after acquiring them in bulk from wholesalers.
Even though over the years there has been influx of second clothes in the market, many people still prefer buying new clothes.
I chose to venture into this business due to a gap which existed as a result of lack businesses similar to mine in the business locality.
My typical costs include: rent -$67
employees wages- $78
transport cost- $56
water and electricity bill- $22
revenue-$322.2
Most of the profits the business generates are usually re invested into the business.
My business entails selling new clothes at retail prices, after acquiring them in bulk from wholesalers.
If granted the loan i will buy new trouser worth $50,night dress worth $20,ladies dress worth $30,towels worth $30,shirt worth $35 and pillow worth $25.
with this increase in stock i will be able to generate an extra profit of $110 in and hence beside continuing assisting my younger sister i will be able to extend my help to my older sister by catering for part payment of school fee in college which she expect to join in September 2015 to pursue a course in Business Management.
Am also in the process of going back to school to pursue Bachelor of Commerce beginning next year
Extra Profit of about $50 generated will be re-invested into the business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Jul 29, 2015
Repayment status
On Time
Projected term
14 months
Other loans
Amount repaid
$208.98
Amount remaining
$0.00
Date repaid
Sep 15, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 9, 2015 | $12.37 | Aug 9, 2015 | $12.37 |
Aug 16, 2015 | $0.00 | ||
Aug 23, 2015 | $0.00 | ||
Aug 30, 2015 | $0.00 | ||
Sep 6, 2015 | $6.19 | Sep 2, 2015 | $5.49 |
Sep 13, 2015 | $0.69 | ||
Sep 13, 2015 | $6.19 | Sep 13, 2015 | $6.19 |
Sep 20, 2015 | $6.19 | Sep 13, 2015 | $0.11 |
Sep 27, 2015 | $6.07 | ||
Sep 27, 2015 | $6.19 | Sep 27, 2015 | $0.51 |
Oct 11, 2015 | $5.68 | ||
Oct 4, 2015 | $6.19 | Oct 11, 2015 | $0.84 |
Oct 17, 2015 | $5.35 | ||
Oct 11, 2015 | $1.87 | Oct 17, 2015 | $1.87 |
Oct 18, 2015 | $0.00 | ||
Oct 25, 2015 | $0.00 | ||
Nov 1, 2015 | $5.15 | Nov 19, 2015 | $5.15 |
Nov 8, 2015 | $0.58 | Nov 19, 2015 | $0.58 |
Nov 15, 2015 | $0.00 | ||
Nov 22, 2015 | $0.00 | ||
Nov 29, 2015 | $4.12 | Dec 4, 2015 | $4.12 |
Dec 6, 2015 | $4.12 | Dec 25, 2015 | $4.12 |
Dec 13, 2015 | $0.29 | Dec 25, 2015 | $0.29 |
Dec 20, 2015 | $0.00 | ||
Dec 27, 2015 | $0.00 | ||
Jan 3, 2016 | $2.61 | Jan 9, 2016 | $2.61 |
Jan 10, 2016 | $0.00 | ||
Jan 17, 2016 | $0.00 | ||
Jan 24, 2016 | $0.00 | ||
Jan 31, 2016 | $3.09 | Jan 31, 2016 | $2.14 |
Feb 28, 2016 | $0.95 | ||
Feb 7, 2016 | $3.09 | Feb 28, 2016 | $3.09 |
Feb 14, 2016 | $3.09 | Feb 28, 2016 | $2.98 |
Mar 13, 2016 | $0.11 | ||
Feb 21, 2016 | $3.09 | Mar 13, 2016 | $3.09 |
Feb 28, 2016 | $3.09 | Mar 13, 2016 | $3.09 |
Mar 6, 2016 | $3.09 | Mar 13, 2016 | $0.92 |
Apr 3, 2016 | $2.18 | ||
Mar 13, 2016 | $3.09 | Apr 3, 2016 | $3.09 |
Mar 20, 2016 | $3.09 | Apr 3, 2016 | $1.66 |
Apr 18, 2016 | $1.43 | ||
Mar 27, 2016 | $3.09 | Apr 18, 2016 | $2.90 |
Apr 24, 2016 | $0.20 | ||
Apr 3, 2016 | $3.09 | Apr 24, 2016 | $2.95 |
May 12, 2016 | $0.14 | ||
Apr 10, 2016 | $3.09 | May 12, 2016 | $2.95 |
Jun 17, 2016 | $0.14 | ||
Apr 17, 2016 | $3.09 | Jun 17, 2016 | $3.09 |
Apr 24, 2016 | $3.09 | Jun 17, 2016 | $3.09 |
May 1, 2016 | $3.09 | Jun 17, 2016 | $1.71 |
Jun 25, 2016 | $1.38 | ||
May 8, 2016 | $3.09 | Jun 25, 2016 | $1.90 |
Jul 3, 2016 | $1.20 | ||
May 15, 2016 | $3.09 | Jul 3, 2016 | $2.88 |
Jul 9, 2016 | $0.22 | ||
May 22, 2016 | $3.09 | Jul 9, 2016 | $3.09 |
May 29, 2016 | $3.09 | Jul 9, 2016 | $3.09 |
Jun 5, 2016 | $3.09 | Jul 9, 2016 | $1.00 |
Jul 10, 2016 | $2.09 | ||
Jun 12, 2016 | $3.09 | Jul 10, 2016 | $2.13 |
Jul 11, 2016 | $0.96 | ||
Jun 19, 2016 | $3.09 | Jul 11, 2016 | $3.09 |
Jun 26, 2016 | $3.09 | Jul 11, 2016 | $3.09 |
Jul 3, 2016 | $3.09 | Jul 11, 2016 | $2.22 |
Jul 13, 2016 | $0.88 | ||
Jul 10, 2016 | $3.09 | Jul 13, 2016 | $3.09 |
Jul 17, 2016 | $3.09 | Jul 13, 2016 | $1.32 |
Jul 16, 2016 | $1.77 | ||
Jul 24, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Jul 31, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Aug 7, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Aug 14, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Aug 21, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Aug 28, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Sep 4, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Sep 11, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Sep 18, 2016 | $3.09 | Jul 16, 2016 | $3.09 |
Sep 25, 2016 | $1.32 | Jul 16, 2016 | $1.32 |
Oct 2, 2016 | $40.46 | Aug 19, 2016 | $5.94 |
Sep 15, 2016 | $34.53 |
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