Entrepreneur
Name
Michael
Member since
August 2017
On-time repayments
70 installments • 70%
About Me
I am young entrepreneur building an online bargain retail business. This started as a way to make ends meet in university but has growth to become a source of income beyond school.
My Business
The business is called Below 1000 as it sells items below ksh 1000. This is an attainable price for the majority of the population despite low incomes. I source quality affordable items and sell them.
Loan Proposal
The loan will be used to fund the working capital requirements of ordering large quantities of goods in order to achieve some sort of economies of scale. Hoping also to try importing from China.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Nov 20, 2019
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$180.33
Amount remaining
$0.00
Date repaid
Jan 23, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 1, 2019 | $18.03 | Dec 5, 2019 | $18.03 |
| Dec 8, 2019 | $18.03 | Dec 5, 2019 | $18.03 |
| Dec 15, 2019 | $18.03 | Dec 5, 2019 | $18.03 |
| Dec 22, 2019 | $18.03 | Dec 5, 2019 | $18.03 |
| Dec 29, 2019 | $18.03 | Jan 23, 2020 | $18.03 |
| Jan 5, 2020 | $18.03 | Jan 23, 2020 | $18.03 |
| Jan 12, 2020 | $18.03 | Jan 23, 2020 | $18.03 |
| Jan 19, 2020 | $18.03 | Jan 23, 2020 | $18.03 |
| Jan 26, 2020 | $18.03 | Jan 23, 2020 | $18.03 |
| Feb 2, 2020 | $18.03 | Jan 23, 2020 | $18.03 |
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