Entrepreneur
Name
Rahab
Member since
July 2015
On-time repayments
53 installments • 28%
About Me
I am a single mother of three kids who are all in school. The eldest is at college level, while the rest are in High School. Both are doing well in school, and I've much hope in them. I own a mid-range hotel in Nairobi, Kenya. I borrowed a loan from Equity Bank in 2013, and ventured into the food industry. This was immediately after my husband passed away. At the time, I was just a house-wife who had no job. This was so because I had no certificates to even start seeking a job with. I started off with a small-size hotel, that had only two waiters and two chefs. The same business did well, enabling me to develop it even much further. It would also enable me to pay for all my children's school fees, and I'm happy with the progress so far. I'd leave my assistant in charge of the hotel, and learn all computer packages. I also did a course in driving and music instruments. I am still yet to make use of what I've learned during the previous years. The hotel's performance is average, with some ups and downs, time after time.
My Business
My hotel does exceptionally average. At times, we may be faced with loads of problems, and during other times, we're doing perfect and earning big. After paying my workers, I usually remain with approximately $80 dollars in a day. Unfortunately, we've been closed for the last one week, since I've not paid the revenue dues. I've never failed to pay, or even paid late. But at this time, I've been having lots of problems, having completed my loan payment last month and paying for all my kids' school fees the same month. This includes even meeting other expenses such as pocket money, rent and food.
Loan Proposal
I'll make use of this whole loan to immediately clear my revenue dues. This will get my hotel back alive and back to its top notch performance. I'll use part of my weekly earnings to pay for this loan, and develop the hotel even much further. This includes even purchasing new furniture and an entertainment set. I also plan to add the number of waiters and chefs to enhance smoothness and efficiency in the running of the hotel. I'll appreciate very much.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 25, 2015
Repayment status
Late
Projected term
12 months
Lenders
Toronto, Canada
Palo Alto, United States
Oslo, Norway
Mountain View, United States
Lahr, Germany
[email protected], United States
Brussel, Belgium
United States
United States
South Africa
United States
Germany
Summary
Amount repaid
$43.04
Amount remaining
$61.45
Expected completion
Jul 31, 2016
Status
Repaying late
Installment amount
$2.06
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 2, 2015 | $5.15 | Aug 10, 2015 | $5.15 |
| Aug 9, 2015 | $5.15 | Aug 10, 2015 | $0.26 |
| Aug 11, 2015 | $4.90 | ||
| Aug 16, 2015 | $5.15 | Aug 11, 2015 | $0.26 |
| Aug 16, 2015 | $4.90 | ||
| Aug 23, 2015 | $0.26 | Aug 16, 2015 | $0.26 |
| Aug 30, 2015 | $1.55 | Aug 31, 2015 | $1.55 |
| Sep 6, 2015 | $1.55 | Aug 31, 2015 | $0.21 |
| Sep 12, 2015 | $1.34 | ||
| Sep 13, 2015 | $1.55 | Sep 12, 2015 | $0.31 |
| Sep 16, 2015 | $1.24 | ||
| Sep 20, 2015 | $1.55 | Sep 16, 2015 | $0.31 |
| Sep 23, 2015 | $1.24 | ||
| Sep 27, 2015 | $1.55 | Sep 23, 2015 | $0.31 |
| Sep 28, 2015 | $1.24 | ||
| Oct 4, 2015 | $1.55 | Sep 28, 2015 | $0.31 |
| Oct 14, 2015 | $1.24 | ||
| Oct 11, 2015 | $1.55 | Oct 14, 2015 | $1.55 |
| Oct 18, 2015 | $1.55 | Oct 14, 2015 | $1.55 |
| Oct 25, 2015 | $1.55 | Oct 14, 2015 | $0.52 |
| Nov 3, 2015 | $1.03 | ||
| Nov 1, 2015 | $1.55 | Nov 3, 2015 | $1.03 |
| Nov 9, 2015 | $0.52 | ||
| Nov 8, 2015 | $1.55 | Nov 9, 2015 | $1.55 |
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $0.00 | ||
| Dec 13, 2015 | $10.31 | Jan 3, 2016 | $10.31 |
| Dec 20, 2015 | $0.00 | ||
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $0.00 | ||
| Jan 10, 2016 | $2.06 | ||
| Jan 17, 2016 | $2.06 | ||
| Jan 24, 2016 | $2.06 | ||
| Jan 31, 2016 | $2.06 | ||
| Feb 7, 2016 | $2.06 | ||
| Feb 14, 2016 | $2.06 | ||
| Feb 21, 2016 | $2.06 | ||
| Feb 28, 2016 | $2.06 | ||
| Mar 6, 2016 | $2.06 | ||
| Mar 13, 2016 | $2.06 | ||
| Mar 20, 2016 | $2.06 | ||
| Mar 27, 2016 | $2.06 | ||
| Apr 3, 2016 | $2.06 | ||
| Apr 10, 2016 | $2.06 | ||
| Apr 17, 2016 | $2.06 | ||
| Apr 24, 2016 | $2.06 | ||
| May 1, 2016 | $2.06 | ||
| May 8, 2016 | $2.06 | ||
| May 15, 2016 | $2.06 | ||
| May 22, 2016 | $2.06 | ||
| May 29, 2016 | $2.06 | ||
| Jun 5, 2016 | $2.06 | ||
| Jun 12, 2016 | $2.06 | ||
| Jun 19, 2016 | $2.06 | ||
| Jun 26, 2016 | $2.06 | ||
| Jul 3, 2016 | $2.06 | ||
| Jul 10, 2016 | $2.06 | ||
| Jul 17, 2016 | $2.06 | ||
| Jul 24, 2016 | $2.06 | ||
| Jul 31, 2016 | $1.66 | ||
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