Purchase of more stock for my beauty shop

Bedan

Thika, Kenya

10% repaid

Entrepreneur

Name

Bedan

Member since

May 2015

On-time repayments

18 installments  •  17%

About Me

My names is Bedan Mungai Karanja a father of two twin girls,born and raised in Olkalou, Nyandarua county,i live in Makongeni phase 13 plot 10. Am an active and hardworking man, i finished my high school year 2004 where i didn't join college due to financial problems, this was as a results of my parents being jobless. I started assisting my parents in farming which was the major activity by then ,i would go to my neighbours farm and ask for casual labour where by the little money i got i would give some to my parents to buy food and also to pay school fees for my little sibblings.
Am usually working harder day and night to make sure my children won't suffer the way i suffered and to make sure their schooling becomes easy and affordable up to university. I would like my children to become prominent and vital people in our village and the country atlarge and also to change life for others.
During my leisure time i like visiting the most needy people like the orphans and the physically challenged whereby i encourage them about being positive in life.

My Business

After finishing my high school, i started farming where i would go and look for labour whereby the available job was to cultivate land for planting maize or fetching water for sale, i chose fetching water for sale with a donkey cart whereby in a day i would earn myself atleast ksh 400, with my little savings for a while i managed to relocte to Thika where i started a small beauty shop, since in Thika the population is high and also there are many colleges and beauty products are on high demand, i have many customers who like coming at my place due to my good service and affordable prices.Currently am doing well and atleast am able to get some profits which i use for my children upbringing and also growth of business and not forgeting investing for my children education in future.

Loan Proposal

My esteemed lenders if am funded these money i will use my loan to purchase more products like weaves, necklaces, human hair, perfumes and sprays,curtex, chains , lotions,which will cost me approximately USD145 and the rest will cater for my transport. If funded i will be very glad and appreciative.
Thank you my dear lenders for giving me this opportunity, God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Oct 24, 2015

Repayment status

Late

Projected term

4 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$15.00

Amount remaining

$141.74

Expected completion

Mar 6, 2016

Status

Repaying late

Installment amount

$10.00

Repayment History

Expected Payments Actual Payments
Nov 1, 2015 $3.00 Nov 18, 2015 $3.00
Nov 8, 2015 $3.00 Nov 18, 2015 $3.00
Nov 15, 2015 $3.00 Nov 18, 2015 $3.00
Nov 22, 2015 $3.00 Nov 23, 2015 $3.00
Nov 29, 2015 $0.00
Dec 6, 2015 $10.00 Dec 1, 2015 $3.00
Dec 13, 2015 $10.00
Dec 20, 2015 $10.00
Dec 27, 2015 $10.00
Jan 3, 2016 $10.00
Jan 10, 2016 $10.00
Jan 17, 2016 $10.00
Jan 24, 2016 $10.00
Jan 31, 2016 $10.00
Feb 7, 2016 $10.00
Feb 14, 2016 $10.00
Feb 21, 2016 $10.00
Feb 28, 2016 $10.00
Mar 6, 2016 $14.74

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