Name
Eric
Member since
November 2016
On-time repayments
82 installments • 24%
i was born the late 90,s in a family of 4, i was the only boy child, i grew up being very humble and ambitious , i joined primary school and later high school, where i experienced alot of difficulties moment since my father left my mother before i joined the college, since i had no otherwise i had to start small business with what mymum saved for me when i was schooling. that when i meet a company looking for distributors of there products, i partnered with the company where i had to be buying and sell there product to nearby counties here in Kenya. where i live culture is very unique, where everybody is targeting farming but i desired business. i also make sure that my children will follow my steps and venture in business. i like having a free time for my family .
i buy and sell health supplement, the health supplements are in high demand since people changed there life style like city dwellers. i choose this kind of business since i like helping and giving back to the community, mostly i buys in containers where a container cost 1000ksh, i buys like 10 containers daily, the profits i makes i reinvest in the same product to boost by daily purchase, then the rest i pays my home bills.
i need to by more stock for my small business to increase the profit, i need to buy 10 containers of health supplement at a cost of 50 dollars, with these product i can generate 25dollars from all ten containers, i will also be able to reach more people since now i will be having enough stock to make the supply.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Mar 25, 2017
Repayment status
On Time
Projected term
5 weeks
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Amount repaid
$8.53
Amount remaining
$0.00
Date repaid
May 5, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 7, 2017 | $1.70 | Apr 7, 2017 | $1.70 |
Apr 14, 2017 | $1.70 | Apr 7, 2017 | $0.06 |
Apr 14, 2017 | $1.64 | ||
Apr 21, 2017 | $0.06 | Apr 14, 2017 | $0.06 |
Apr 28, 2017 | $2.49 | Apr 30, 2017 | $2.49 |
May 5, 2017 | $2.58 | May 5, 2017 | $2.58 |
Helen Horseman Jun 11, 2017
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