Loan to increase stock in my provisions shop
Onesmas
Nairobi, Kenya
0% repaid
Entrepreneur
Name
Onesmas
Member since
April 2020
On-time repayments
41 installments • 51%
About Me
I am Onesmas Mutuku, a young hard working man born in Ukambani. I did my primary schooling in rural ukambani before i joined secondary school in Nairobi. I completed high school, and later did a diploma course in purchasing and supplies management.
I started my business from the small money I borrowed from my father who is craft man.
I started selling second hand clothes and later opened a small shop which I run up todate.
I am married with one daughter.
I like the town I live in because its a populated town there fore making it good for business.
Mostly am free on Sundays , I go to church, visit my friends and go out to have fun with my family
My Business
I currently run a small shop where I sell household goods and a Mpesa business.
My business in located in a residential area, I there fore sell things such as rice, sugar, cooking oil, bottled water, airtime, and mpesa business.
The typical cost of my business is the cost of stocking and cash money to run Mpesa.
I use my profit to restock, pay rent and feed my family
Loan Proposal
I currently introduced general cereals in my shop such as several types of porridge flour, maize , rice and beans and peas. So I will like to add more stock
5 bales of flour at Ksh 10000
5 bags of sugar at ksh 25000
5 bags of assorted rice at ksh 12000
Mpesa float ksh 70000
Income Source
Considering that I sell household goods which are basic needs I am able to continue selling. I am able to procure goods directly from company and thus I get best prices so am able to sell at subsidised prices and thus mantain my profits
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,283.00
Date disbursed
Nov 6, 2020
Repayment status
Late
Projected term
4 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Saint Paul, United States
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Summary
Amount repaid
$0.46
Amount remaining
$1,283.10
Expected completion
Mar 29, 2021
Status
Repaying late
Installment amount
$0.47
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 16, 2020 | $0.46 | Nov 28, 2020 | $0.46 |
| Nov 23, 2020 | $0.00 | ||
| Nov 30, 2020 | $0.47 | ||
| Dec 7, 2020 | $0.47 | ||
| Dec 14, 2020 | $0.47 | ||
| Dec 21, 2020 | $0.47 | ||
| Dec 28, 2020 | $0.47 | ||
| Jan 4, 2021 | $105.96 | ||
| Jan 11, 2021 | $105.96 | ||
| Jan 18, 2021 | $105.96 | ||
| Jan 25, 2021 | $105.96 | ||
| Feb 1, 2021 | $105.96 | ||
| Feb 8, 2021 | $105.96 | ||
| Feb 15, 2021 | $105.96 | ||
| Feb 22, 2021 | $105.96 | ||
| Mar 1, 2021 | $105.96 | ||
| Mar 8, 2021 | $105.96 | ||
| Mar 15, 2021 | $105.96 | ||
| Mar 22, 2021 | $105.96 | ||
| Mar 29, 2021 | $9.20 | ||
Victoria Jun 11, 2020
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