Isaac
Mariakani Kilifi, Kenya
$0 to go
100% funded of $5 goal
0
days left
Name
Isaac
Member since
April 2017
On-time repayments
6 installments • 0%
i was born in kitui county i the eastern province of kenya from a family of 7 children.kitui is in a semi arid area where getting basic need is very expensive and very scarce especially water and developments are not well done like school where they are in very far distances.we walked long distances to reach school.my parents were not well off thus even made it hard for us to complete our education.after my primary school i practiced chicken rearing and sell them to brokers who came to our places and this earned me a good capital that helped me to start my own business.i moved to mariakani in the coast region where i started to sell furniture materials.my hobby is to watch football matches and movies.
i sell furniture materials like cushions,velvet materials,cushion covers and sponges to my customers mostly carpenters at reliable and affordable prices.this are basic materials for furniture making in which they are in high demand thus making this business more valuable and a good source of earning.this business can be started with a small capital at is easy to manage.i use my profit to pay school fees for my children,pay rents,bills and growing my business.
i will use my loan to buy three bags of sponges each costing $1.5 for sofa set making and on selling them i will be able to make a profit of over 30% that will be of great boost to my business.this will also enable my business to grow.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Apr 27, 2017
Repayment status
Late
Projected term
6 weeks
Amount repaid
$0.00
Amount remaining
$5.18
Expected completion
Jun 14, 2017
Status
Repaying late
Installment amount
$0.99
Expected Payments | Actual Payments | ||
---|---|---|---|
May 10, 2017 | $0.99 | ||
May 17, 2017 | $0.99 | ||
May 24, 2017 | $0.99 | ||
May 31, 2017 | $0.99 | ||
Jun 7, 2017 | $0.99 | ||
Jun 14, 2017 | $0.25 |
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