To increase food items offered by my business
Emmanuel
Githurai, Kenya
$0 to go
100% funded of $11 goal
0
days left
Entrepreneur
Name
Emmanuel
Member since
May 2018
On-time repayments
9 installments • 33%
About Me
I'm Emmanuel Otieno Odago, a 23 year old Kenyan. I live in Kiambu county with my single mother and my sister and brother. Life has not always been easy because even currently I'm not able to finish my degree course due to lack of fees. But I am not discouraged since I have my own business with which I try to make ends meet.
My Business
I have a business which sells Samosas and Mandazis. I have owned the business for a month now and I have been making a 30% profit each day. I use the profits for my upkeep to pay my rent and household items.
Loan Proposal
I will use the money to buy new food stuffs like flour to cook Chapatis which will cost Kes. 240, a cooking pan for Kes. 400, cooking oil costing Kes. 300, and other cooking spices which will cost Kes 250.
This will increase my current profit margin from 30%-60% Hence enabling me to start another business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jun 1, 2018
Repayment status
Late
Projected term
5 weeks
Other loans
Lenders
United Kingdom
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Summary
Amount repaid
$0.00
Amount remaining
$11.73
Expected completion
Jul 6, 2018
Status
Repaying late
Installment amount
$2.46
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 8, 2018 | $2.46 | ||
| Jun 15, 2018 | $2.46 | ||
| Jun 22, 2018 | $2.46 | ||
| Jun 29, 2018 | $2.46 | ||
| Jul 6, 2018 | $1.87 | ||
J Aug 26, 2018
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