Richard
Thika, Kenya
100% repaid
Name
Richard
Member since
March 2017
On-time repayments
16 installments • 81%
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
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.
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. Part of it will also be used to pay my electricity bill for my shop.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
May 31, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Amount repaid
$7.79
Amount remaining
$0.00
Date repaid
Jul 5, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 9, 2017 | $0.99 | Jun 8, 2017 | $0.99 |
Jun 16, 2017 | $0.99 | Jun 30, 2017 | $0.99 |
Jun 23, 2017 | $0.99 | Jun 30, 2017 | $0.99 |
Jun 30, 2017 | $0.99 | Jun 30, 2017 | $0.99 |
Jul 7, 2017 | $0.99 | Jul 5, 2017 | $0.99 |
Jul 14, 2017 | $0.99 | Jul 5, 2017 | $0.99 |
Jul 21, 2017 | $0.99 | Jul 5, 2017 | $0.99 |
Jul 28, 2017 | $0.87 | Jul 5, 2017 | $0.87 |
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