Entrepreneur
Name
Kennedy
Member since
May 2017
On-time repayments
6 installments • 0%
About Me
I started my business 6 years ago with one computer and 1 printer. It was difficult by then since it was a new place and i was introducing a new business which many not ventured in. i have grown graduall untill now where i have 5 computers which i run now as a cyber. business is picking but i need to raise it to a higher level to be more profitable.
My Business
When business is at pick, i make 8000 per month. minus expenses that is 4500 rent, 3500 as wages, 2000 sundry expenses and 2000 electricity. total comes to 20,000
Loan Proposal
buy more stationaries that sell fast, that is A4 and A5 size envelops, staples and pens.This stationaries makes quick money i.e. 1packet A4 envelop goes for 150 and i sell per piece which gives me 50 envelops x 10 which adds app to 500 making a profit of 250. if i manage also to buy A5 envelops at 100 per packet, i resell per piece at ks.5 totall selling 250 per packet which gives me a profit of 150. This adds to 400 sillings profit within 2 weeks
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 9, 2017
Repayment status
Late
Projected term
6 weeks
Lenders
Summary
Amount repaid
$0.99
Amount remaining
$4.19
Expected completion
Jun 25, 2017
Status
Repaying late
Installment amount
$0.99
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 21, 2017 | $0.99 | Jun 5, 2017 | $0.99 |
| May 28, 2017 | $0.99 | ||
| Jun 4, 2017 | $0.99 | ||
| Jun 11, 2017 | $0.99 | ||
| Jun 18, 2017 | $0.99 | ||
| Jun 25, 2017 | $0.25 | ||
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