Entrepreneur
Name
Daudi
Member since
December 2014
On-time repayments
88 installments • 39%
About Me
My name is Daudi Barak, a Kenyan by birth. My home district Meru, Eastern Province. Currently, I reside in Baba dogo, Nairobi.
I am the first born in a family of eight. My parents are small scale business persons, while my siblings are in primary school, high school, and college. I went to Diguna Discipleship Training school from 2011 to 2012.
Currently, I have not gotten a job but I am engaged in volunteering tasks in an NGO in Nairobi. I am visionary and supply credit cards, In future I want to start a retail shop for credit cards and other products.
My Business
My current business is supplying credit cards to retail shops. Each day, I purchase cards worth $100 and make a profit of about $10. I use the profit to meet our family's daily needs and cater for fare.
I currently have inadequate money yet I have gotten more orders. I need to increase my capital base. I kindly request for this loan to purchase more credit cards and improve my business. Thank you for your support.
Loan Proposal
I ma requesting for this loan to increase my stock of credit cards. I have been purchasing new cards using $100 daily. The profits of about $ 10 daily is good enough but due to the many family needs, I have limited savings and would appreciate for support to increase the stock in a response to an increase of demand of the products. Thank you in advance.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$52.25
Amount remaining
$0.00
Date repaid
Oct 18, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $5.00 | Aug 16, 2015 | $5.00 |
| Aug 23, 2015 | $5.00 | Aug 16, 2015 | $0.02 |
| Aug 23, 2015 | $4.98 | ||
| Aug 30, 2015 | $5.00 | Aug 30, 2015 | $5.00 |
| Sep 6, 2015 | $5.00 | Sep 6, 2015 | $5.00 |
| Sep 13, 2015 | $5.00 | Sep 13, 2015 | $5.00 |
| Sep 20, 2015 | $5.00 | Sep 20, 2015 | $5.00 |
| Sep 27, 2015 | $5.00 | Sep 27, 2015 | $5.00 |
| Oct 4, 2015 | $5.00 | Oct 4, 2015 | $5.00 |
| Oct 11, 2015 | $5.00 | Oct 11, 2015 | $5.00 |
| Oct 18, 2015 | $7.25 | Oct 18, 2015 | $7.25 |
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