Travel to buy stock

Richard

Thika, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

March 2017

On-time repayments

16 installments  •  81%

About Me

I am a small business person running a mobile phones and accessories shop in my town. I obtain my merchandise from large scale wholesellers and sell it at a profit in my town. I have recently expanded my shop to include other electronics such used laptop computers and computer accessories as well

My Business

Currently Iam running a mobile phones and accessories shop in my small town 100miles from the capital. I obtain this stock from wholesale distributors who are mainly in the capital city-Nairobi. I do this at least 3 times a month or depending upon how fast the products go. I sell cheap and affordable handsets and related accessories, as well as high end ones.

Loan Proposal

The amount will be enough for travel expenses to buy more stock in the capital. It costs 200 shillings to and from the capital from where my business is located. 150 shillings will carter for the carriage charges via piblic transport for the stock that i will buy

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Apr 8, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$5.22

Amount remaining

$0.00

Date repaid

May 25, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 21, 2017 $1.04 Apr 27, 2017 $1.04
Apr 28, 2017 $1.04 Apr 27, 2017 $0.94
May 16, 2017 $0.10
May 5, 2017 $1.04 May 16, 2017 $1.04
May 12, 2017 $1.04 May 16, 2017 $1.04
May 19, 2017 $1.04 May 25, 2017 $1.04

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