Geofrey
Kericho, Kenya
94% repaid
Name
Geofrey
Member since
January 2017
On-time repayments
24 installments • 63%
I was borne in the year 1990 in a village called Mogoiywek. I started my primary education in the year 1996 in Mogoiywek Primary School. After my primary education I joined Kaplong Boys High school in 2006. I finished my high school in the year 2009 and joined BCA College for my CPA Course.
All along I have been having a passion for nice clothes which are fitting and trending. When I finished my CPA Course, I started clothing business.
From my childhood, i have been having a passion for nice clothes. I sell Clothes ranging from men shirts, sweaters, blouses and skirts. These items are on demand because I am fashion conscious and I like to deal with the youths who are many and like my items.
My costs include cost clothes, salary for a lady helping me out in the shop, transport, licenses and taxes.
My revenues come mainly from sales of the clothes.
I use my profits to increase my business and support my subsistence costs.
I want to increase stock of clothes. I want to buy three(3) sweaters for ladies and three(3) sweaters for men.
The buying price is 1.5 dollars each.
The selling price is 2.5 dollars each.
This will help me increase my business and help the community get good quality clothes.
I expect to get 66.67% profit which translates to 6.7 dollars profit.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jan 25, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$14.86
Amount remaining
$0.00
Date repaid
Mar 28, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 5, 2017 | $1.76 | Feb 5, 2017 | $0.10 |
Feb 5, 2017 | $1.01 | ||
Feb 5, 2017 | $0.65 | ||
Feb 12, 2017 | $1.76 | Feb 13, 2017 | $1.01 |
Feb 13, 2017 | $0.76 | ||
Feb 19, 2017 | $1.76 | Feb 20, 2017 | $1.01 |
Feb 20, 2017 | $0.76 | ||
Feb 26, 2017 | $1.76 | Feb 27, 2017 | $1.01 |
Feb 27, 2017 | $0.76 | ||
Mar 5, 2017 | $1.76 | Mar 5, 2017 | $1.01 |
Mar 5, 2017 | $0.76 | ||
Mar 12, 2017 | $1.76 | Mar 28, 2017 | $1.01 |
Mar 28, 2017 | $0.76 | ||
Mar 19, 2017 | $1.76 | Mar 28, 2017 | $0.25 |
Mar 28, 2017 | $1.01 | ||
Mar 28, 2017 | $0.50 | ||
Mar 26, 2017 | $1.76 | Mar 28, 2017 | $0.50 |
Mar 28, 2017 | $1.01 | ||
Mar 28, 2017 | $0.25 | ||
Apr 2, 2017 | $0.76 | Mar 28, 2017 | $0.76 |
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