Name
Patrick
Member since
September 2017
On-time repayments
34 installments • 47%
My name is Patrick onyango. I was born 1996 in kisumu, Kenya. I was brought to nakuru in 2006 to live with my uncle who was a great business man. I used to go to school and on weekends I work in my uncle's shop. I there for grow a great interest in Business. After I finished my secondary education I joined egerton university where I pursued a degree In business management. I worked with private company for one year where I was able to save money from the salary which I was paid on a monthly basis. On the January 2018 I had a total of 75,000Ksh with which I was in good position financially to start a small business venture. My business of choice was maize Selling. I purchased poshomill which costed 60000. I used the remaining 15000 to buy inventory and the set up of the business.
My business involves buying maize from farmers and wholesalers and then I sell it to the consumers in the urban area of nakuru where my business is located. I sell it in three forms because of different customer preferences. I sell it as unprocessed maize for customers who go to stock it in their homes, secondly as maize flour where I process it using my poshomill and lastly as an improved maize flour commonly called number one. It is relatively a profitable
business in Kenya because it has got a steady supply and also ready market . As any business I face a lot of challanges. First, stiff competition from well developed maize millers. Second, inadequate capital to purchase more stock for my business.
I want to use this loan to buy materials which am going to design into modern clothes. also to market my business and this will increase my sales up to 200%
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Sep 23, 2017
Repayment status
On Time
Projected term
7 months
Other loans
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Amount repaid
$15.63
Amount remaining
$0.00
Date repaid
Mar 26, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 1, 2017 | $4.95 | Oct 11, 2017 | $0.99 |
Oct 14, 2017 | $0.99 | ||
Oct 17, 2017 | $0.99 | ||
Oct 17, 2017 | $0.99 | ||
Oct 17, 2017 | $0.99 | ||
Oct 8, 2017 | $0.99 | Oct 17, 2017 | $0.99 |
Oct 15, 2017 | $0.00 | ||
Oct 22, 2017 | $0.00 | ||
Oct 29, 2017 | $0.00 | ||
Nov 5, 2017 | $0.00 | ||
Nov 12, 2017 | $0.00 | ||
Nov 19, 2017 | $0.00 | ||
Nov 26, 2017 | $0.00 | ||
Dec 3, 2017 | $0.00 | ||
Dec 10, 2017 | $0.00 | ||
Dec 17, 2017 | $0.00 | ||
Dec 24, 2017 | $0.00 | ||
Dec 31, 2017 | $0.00 | ||
Jan 7, 2018 | $0.00 | ||
Jan 14, 2018 | $0.00 | ||
Jan 21, 2018 | $0.00 | ||
Jan 28, 2018 | $0.00 | ||
Feb 4, 2018 | $0.00 | ||
Feb 11, 2018 | $0.00 | ||
Feb 18, 2018 | $0.00 | ||
Feb 25, 2018 | $0.00 | ||
Mar 4, 2018 | $0.00 | ||
Mar 11, 2018 | $0.00 | ||
Mar 18, 2018 | $0.99 | Dec 20, 2017 | $0.99 |
Mar 25, 2018 | $0.99 | Dec 20, 2017 | $0.99 |
Apr 1, 2018 | $0.99 | Dec 20, 2017 | $0.99 |
Apr 8, 2018 | $0.99 | Dec 20, 2017 | $0.99 |
Apr 15, 2018 | $0.99 | Dec 20, 2017 | $0.99 |
Apr 22, 2018 | $0.99 | Mar 17, 2018 | $0.99 |
Apr 29, 2018 | $0.99 | Mar 19, 2018 | $0.99 |
May 6, 2018 | $0.99 | Mar 20, 2018 | $0.99 |
May 13, 2018 | $0.99 | Mar 23, 2018 | $0.99 |
May 20, 2018 | $0.77 | Mar 26, 2018 | $0.77 |
Helen Horseman Oct 17, 2017
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