Materials for making cushions and employ one person

Allan

Nakuru, Kenya

3% repaid

Entrepreneur

Name

Allan

Member since

December 2017

On-time repayments

87 installments  •  17%

About Me

I grew up and schooled in Nakuru and am still based in Nakuru where i run my business of making cushions for five year My dreams is to see my business expand. Back in my younger days i always dream t of becoming an entrepreneur and through school life in to adulthood there is nothing i have dream t about more passionately than becoming an entrepreneurial and successfully so. This has propelled my dream and passion to be what am today.

My Business

I have operated a business of making cushions for five years.
I decided to do this business because of monopoly and there is a good market for the cushions here in Nakuru. My biggest challenge is capital to boost it and move to the next level. My goals is to expand this business . Am proud of this business since i do it with a lot of passion and commitment with an intent to succeed. In a month my profits hit $ 60 and i use the profits in business expansion and cater for my family daily needs

Loan Proposal

I will be using this loan to purchase materials for making cushions and employ one person to assist me in daily work in the business. Orders for cushions have increased and I hope this will help me to be fast in my work.
The materials and cost of paying for one worker will cost me $ 240.
My hopes and dreams for the future are to expand my business and to get a permanent place to settle the family near the business.

Feedback

2

None

None

  • Richard Griebe    Mar 21, 2018

    Allen is a hard-working , honest person. It was a pleasure to help him with his business with a small loan promptly repaid on time.

    Log in to reply • Share
    • Allan    Mar 25, 2018

      Thank you Richard. I will always appreciate for your support to my business

      Log in to reply • Share
  • Joshi    Mar 21, 2018

    It was a nice experience to fund Allan's loan. Will gladly help him again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$275.00

Date disbursed

May 4, 2018

Repayment status

Late

Projected term

19 months

Lenders

Rdcmole

Cincinnati, United States

MakeSense

-, St. Kitts and Nevis

moursund

Beaver Nation, United States

V

Vivek

Arlington, VA, United States

AK

Anita K

Maryland, United States

Ren

Minneapolis/StPaul, United States

Jim Murray

United States

Ask Allan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$7.03

Amount remaining

$268.85

Expected completion

Dec 1, 2019

Status

Repaying late

Installment amount

$0.49

Repayment History

Expected Payments Actual Payments
May 13, 2018 $0.99 May 23, 2018 $0.99
May 20, 2018 $0.00
May 27, 2018 $1.00 May 27, 2018 $0.99
Jun 9, 2018 $0.01
Jun 3, 2018 $1.00 Jun 9, 2018 $0.98
Jun 9, 2018 $0.02
Jun 10, 2018 $1.00 Jun 9, 2018 $0.97
Jun 9, 2018 $0.03
Jun 17, 2018 $1.00 Jun 9, 2018 $0.96
Jun 21, 2018 $0.04
Jun 24, 2018 $0.95 Jun 21, 2018 $0.95
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.99 Aug 8, 2018 $0.99
Aug 19, 2018 $0.13 Sep 23, 2019 $0.13
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $0.00
Feb 24, 2019 $0.00
Mar 3, 2019 $0.00
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $0.00
Jul 21, 2019 $0.00
Jul 28, 2019 $0.00
Aug 4, 2019 $0.00
Aug 11, 2019 $0.00
Aug 18, 2019 $0.00
Aug 25, 2019 $0.00
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $0.00
Sep 22, 2019 $0.00
Sep 29, 2019 $0.49
Oct 6, 2019 $0.49
Oct 13, 2019 $0.49
Oct 20, 2019 $0.49
Oct 27, 2019 $0.49
Nov 3, 2019 $54.20
Nov 10, 2019 $54.20
Nov 17, 2019 $54.20
Nov 24, 2019 $54.20
Dec 1, 2019 $49.60

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