Entrepreneur
Name
Michael
Member since
December 2014
On-time repayments
20 installments • 25%
About Me
I am a maried man with three (3) children. I went to school upto high school level after my high school i joined my brother as s protogee in his barber shop in Siaya county i stayed on as his protogee for three (3) years , i then left Siaya for Eldoret where i tried my hand not only in barber shop but other businesses as well i then settled back in Siaya after four years at which time my brother passed away after some time i moved to Busia county where i opened a barber shop that is doing well to date.
My Business
As a protogee in my late brothers sho i not only learned how to shave but also the maintanance of the various tools of trade including their sevicing .At my barbers shop in Busia county i not only shave but provide servicing of the shaving machines as well and besides the barbers shop in which i have in my employ one (1) person i also operate a motorbike taxi ( commonly known as boda boda) business that has also seen me employ a second youth.
Loan Proposal
I would have wished to get a larger loan but since this is my first loan i will limit myself to what i can get from the granted amount which is the purchase of a new shaving machine that will cost me about Kes 7,500 an amount am sure my current business will enable me to pay in time.Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 9, 2015
Repayment status
Late
Projected term
4 months
Lenders
Syracuse, United States
Summary
Amount repaid
$36.40
Amount remaining
$67.38
Expected completion
Jun 7, 2015
Status
Repaying late
Installment amount
$5.06
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 18, 2015 | $7.31 | Jan 18, 2015 | $7.31 |
| Jan 25, 2015 | $7.31 | Jan 18, 2015 | $0.10 |
| Feb 1, 2015 | $7.21 | ||
| Feb 1, 2015 | $7.31 | Feb 1, 2015 | $0.43 |
| Feb 16, 2015 | $6.89 | ||
| Feb 8, 2015 | $2.10 | Feb 16, 2015 | $2.10 |
| Feb 15, 2015 | $0.00 | ||
| Feb 22, 2015 | $0.00 | ||
| Mar 1, 2015 | $5.06 | Mar 2, 2015 | $5.06 |
| Mar 8, 2015 | $5.06 | Mar 2, 2015 | $0.56 |
| May 4, 2015 | $4.49 | ||
| Mar 15, 2015 | $5.06 | May 4, 2015 | $2.25 |
| Mar 22, 2015 | $5.06 | ||
| Mar 29, 2015 | $5.06 | ||
| Apr 5, 2015 | $5.06 | ||
| Apr 12, 2015 | $5.06 | ||
| Apr 19, 2015 | $5.06 | ||
| Apr 26, 2015 | $5.06 | ||
| May 3, 2015 | $5.06 | ||
| May 10, 2015 | $5.06 | ||
| May 17, 2015 | $5.06 | ||
| May 24, 2015 | $5.06 | ||
| May 31, 2015 | $5.06 | ||
| Jun 7, 2015 | $8.96 | ||
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