Entrepreneur
Name
Ian
Member since
January 2015
On-time repayments
224 installments • 75%
About Me
My name is Ian Ndirangu, born in 1994 to a single mother. i still consider myself as a budding businessman but I hope to start competing with big boys in business very soon.
I have been attending business management courses where I have learned vital lessons about managing cash flow and keeping records. With your continued support, I hope to keep excelling in the field of business.
My Business
My business entails buying and selling small items like handkerchiefs and trinkets. I do this as a part-time business since I am still in college pursuing my an ICT course. I have been in this business for some time now and I have a good number of loyal clients who are my main source of business. Due to the limited time I have for the business, I do it from door to door and I also go to sell in areas where people gather in large numbers like restaurants (if the management is kind enough to allow it) and bus stations.
It is a tough business but I am glad that it brings food on the table, pays for education and even supports my family (my mother and sister ) in a small way. I make an average net profit of about $180 per month since I have few overheads,
With credit support, I know this amount can rise to a higher figure.
Loan Proposal
I do my business in a mobile manner, where I go to where my clients are. This is a very effective way of selling my wares but since the business is growing fast, I cannot reach all the areas since my customers are many and far apart. Ideally, I would like to be referring some to my own stall if I manage to get one.
I stall the size that I need will require a monthly rent of about USD 80.00 I also need to put shelves and other fittings at a total cost of USD 130.00 and lastly I need to get a business permit for USD 120.00 This amount is therefore be enough for this project.
I will continue with my mobile sales and I am hoping to hire a helping hand to run the store thereby creating the much needed job opportunities. Thank you for getting time to read my proposal and please lend me if you can.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$359.00
Date disbursed
Aug 9, 2015
Repayment status
On Time
Projected term
16 months
Lenders
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Summary
Amount repaid
$375.14
Amount remaining
$0.00
Date repaid
Jul 30, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $10.00 | Aug 19, 2015 | $10.00 |
| Aug 23, 2015 | $10.00 | Aug 26, 2015 | $10.00 |
| Aug 30, 2015 | $10.00 | Aug 26, 2015 | $5.00 |
| Sep 1, 2015 | $5.00 | ||
| Sep 6, 2015 | $10.00 | Sep 1, 2015 | $5.00 |
| Sep 9, 2015 | $5.00 | ||
| Sep 13, 2015 | $10.00 | Sep 9, 2015 | $5.00 |
| Sep 17, 2015 | $5.00 | ||
| Sep 20, 2015 | $10.00 | Sep 29, 2015 | $10.00 |
| Sep 27, 2015 | $10.00 | Oct 6, 2015 | $10.00 |
| Oct 4, 2015 | $10.00 | Oct 16, 2015 | $10.00 |
| Oct 11, 2015 | $10.00 | Oct 19, 2015 | $10.00 |
| Oct 18, 2015 | $10.00 | Oct 24, 2015 | $10.00 |
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $0.00 | ||
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $5.00 | Dec 7, 2015 | $5.00 |
| Dec 13, 2015 | $5.00 | Dec 13, 2015 | $5.00 |
| Dec 20, 2015 | $5.00 | Dec 21, 2015 | $5.00 |
| Dec 27, 2015 | $5.00 | Dec 28, 2015 | $5.00 |
| Jan 3, 2016 | $5.00 | Dec 28, 2015 | $1.00 |
| Jan 4, 2016 | $4.00 | ||
| Jan 10, 2016 | $5.00 | Jan 4, 2016 | $3.00 |
| Jan 12, 2016 | $2.00 | ||
| Jan 17, 2016 | $5.00 | Jan 12, 2016 | $3.00 |
| Jan 18, 2016 | $2.00 | ||
| Jan 24, 2016 | $5.00 | Jan 18, 2016 | $4.00 |
| Jan 24, 2016 | $1.00 | ||
| Jan 31, 2016 | $5.00 | Jan 24, 2016 | $4.00 |
| Feb 3, 2016 | $1.00 | ||
| Feb 7, 2016 | $5.00 | Feb 3, 2016 | $4.00 |
| Feb 10, 2016 | $1.00 | ||
| Feb 14, 2016 | $5.00 | Feb 10, 2016 | $5.00 |
| Feb 21, 2016 | $5.00 | Feb 25, 2016 | $5.00 |
| Feb 28, 2016 | $5.00 | Feb 25, 2016 | $5.00 |
| Mar 6, 2016 | $5.00 | Feb 29, 2016 | $5.00 |
| Mar 13, 2016 | $5.00 | Mar 12, 2016 | $5.00 |
| Mar 20, 2016 | $5.00 | Mar 12, 2016 | $1.00 |
| Mar 20, 2016 | $4.00 | ||
| Mar 27, 2016 | $5.00 | Mar 20, 2016 | $2.00 |
| Mar 29, 2016 | $3.00 | ||
| Apr 3, 2016 | $5.00 | Mar 29, 2016 | $2.00 |
| Apr 6, 2016 | $3.00 | ||
| Apr 10, 2016 | $5.00 | Apr 6, 2016 | $5.00 |
| Apr 17, 2016 | $5.00 | Apr 6, 2016 | $2.00 |
| Apr 13, 2016 | $3.00 | ||
| Apr 24, 2016 | $5.00 | Apr 13, 2016 | $5.00 |
| May 1, 2016 | $5.00 | Apr 13, 2016 | $2.00 |
| May 5, 2016 | $3.00 | ||
| May 8, 2016 | $5.00 | May 5, 2016 | $5.00 |
| May 15, 2016 | $5.00 | May 5, 2016 | $2.00 |
| May 17, 2016 | $3.00 | ||
| May 22, 2016 | $5.00 | May 17, 2016 | $5.00 |
| May 29, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jun 5, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jun 12, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jun 19, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jun 26, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jul 3, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jul 10, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jul 17, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jul 24, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Jul 31, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Aug 7, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Aug 14, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Aug 21, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Aug 28, 2016 | $5.00 | May 17, 2016 | $5.00 |
| Sep 4, 2016 | $5.00 | May 17, 2016 | $2.00 |
| Jul 30, 2016 | $3.00 | ||
| Sep 11, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Sep 18, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Sep 25, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Oct 2, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Oct 9, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Oct 16, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Oct 23, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Oct 30, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Nov 6, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Nov 13, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Nov 20, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Nov 27, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Dec 4, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Dec 11, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Dec 18, 2016 | $5.00 | Jul 30, 2016 | $5.00 |
| Dec 25, 2016 | $0.14 | Jul 30, 2016 | $0.14 |
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