Name
Alex
Member since
July 2016
On-time repayments
111 installments • 41%
i was born into a big family of ten . as the seventh child i had to pass through stress and hard work to establish my own business by the help of a friend. i had to follow him everywhere he goes. he taught me how to shave and i acquired all the skills in barbering . at the place where i reside we always work in hand to improve each and everyone my children want to be very useful to the society they belong .i really like to play draft at my leisure time.
i serve my community by shaving the members in the community. human cannot stay all year without shaving ,therefore i know is going to help . i earn that was the reason why i decided to choose this business . equipment for establishing this business will coast not less than 500$. i will reinvest with the profit that i get into another business,
i will buy sterilizer, shaving machines, hair creams, razor blades and many more. these items cost almost 400$. the benefit i will get from this loan is that i will be able to cater for my family, it will help me to expand the shop and also i will help the needy with the little profit that i will earn. i expect my profit to increase to 60% . because the i am going to furnish the business the loan
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$60.00
Date disbursed
Jul 22, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$63.03
Amount remaining
$0.00
Date repaid
Sep 24, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 29, 2016 | $6.46 | Jul 29, 2016 | $6.46 |
Aug 5, 2016 | $6.46 | Aug 5, 2016 | $6.46 |
Aug 12, 2016 | $6.46 | Aug 12, 2016 | $6.46 |
Aug 19, 2016 | $6.46 | Aug 20, 2016 | $6.46 |
Aug 26, 2016 | $6.46 | Aug 26, 2016 | $6.46 |
Sep 2, 2016 | $7.75 | Sep 2, 2016 | $7.75 |
Sep 9, 2016 | $7.75 | Sep 9, 2016 | $7.75 |
Sep 16, 2016 | $7.75 | Sep 17, 2016 | $7.75 |
Sep 23, 2016 | $7.49 | Sep 24, 2016 | $7.49 |
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