Name
Risper
Member since
February 2015
On-time repayments
83 installments • 76%
Iam Risper Shitanda ,I was born in Kenya ,Kakamega county ,My parents are Tom and Jescah Shitanda .I went to school at Mugunga primary school 1992-1999 then secondary school 2000-2003 and then went to Alpha College I pursued diploma in human resource management.2009-2012.Due to lack of jobs I decided to start business for up keep .
I started my business in the year 2013 that is immediately after college with a capital of ksh.5000 given to me by my father and now by the grace of God it has grown to around ksh.60000.The name of my business is called FAITH DAIRY SHOP.The stocks I do sell are house hold goods both consumables and non consumables this includes food stuffs, human, small boutique,I also have I have a dairy within the shop. the business makes approximately a gross profit of kshs 25000 (277 US Dollars) or income before these expenses. Nett profit usually fluctuates between ksh.12000 to ksh.18000 (US Dollars 130 to 210).I normally use the profits from my business as follows :40% to support family up keep ,10% to support my local church,30% I put back in business stock,20% savings.
The challenge I have in these business is lack of enough capital to stock ,while the strength I have is I have no competitors to my business because it is the only shop where I live.
IF FUNDED I WILL ADD KITENGE MATERIAL,SLIPPERS AND RUBBER SHOES TO MY MALIMALI SHOP.
KITENGE MATERIAL :5 DOLLARS EACH
SLIPPERS : 0.5 DOLLAR EACH
RUBBER SHOES AT :1 DOLLAR EACH
TO OTHERS I WILL HAVE HELPED THEM BY REDUCING THE TIME WASTED ON GOING TO THE NEAREST MARKET TO BUY THE GOODS SINCE THE NEAREST MARKET IS A BIT FAR AND IT WILL REQUIRE TRANSPORTATION.
THE BUSINESS WILL HAVE INCREASED MY INCOME HENCE INCREASE IN PROFIT BY AT LEAST THREE DOLLARS BY DAY.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$89.00
Date disbursed
Jul 9, 2018
Repayment status
Late
Projected term
2 weeks
Other loans
Amount repaid
$46.32
Amount remaining
$42.71
Expected completion
Jul 29, 2018
Status
Repaying late
Installment amount
$44.51
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 22, 2018 | $44.51 | Feb 2, 2019 | $24.64 |
Feb 26, 2019 | $19.88 | ||
Jul 29, 2018 | $44.51 | Feb 26, 2019 | $1.80 |
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