Entrepreneur
Name
Eliud
Member since
March 2018
On-time repayments
15 installments • 100%
About Me
hello, am Eliud mbunyi , Am 24 years old i was born in eldoret but currently i live in nairobi, i had 2 siblings who were elder than me but they are no more, back in 2007 elections y life turned for the worst, i was still very young but the memories are still fresh, the horrible post election violence took my parents and my siblings, things were quite tough i didn't have anyone to turn to and i was forced to drop out of school, i was going to join form 3 but since i wouldn't afford to pay school fees i was forced to drop out.
i moved to nairobi to see if i would make ends meet some way o i did any job i would, from fetching water for people, construction work and any manual work i would get. i manage to save 10,000 and i started hawking second hand clothes around estates, i would go to gikomba and get second hand clothes then sell them, the profits were not good but they were able to see me through and i was able to put a roof under my head. and that has been my source of income.
My Business
i have a small stall where i sell second hand clothes both for men and women. i usually get them from a market called gikomba its the largest market and i get the clothes at a reasonable price.
my profits margins range from 1 dollar to 3 dollars depending on the quality and the market. i would like to increase my stock to help me get more profits because i will be able to offer more to my customers, i hope this platform will help me achieve the goals i have set.
Loan Proposal
hello lenders, in my new application i will use this loan to get a bail of khaki trousers, i will buy each trouser at 3.5 dollars then sell them at 5 dollars per a trouser this will give me a profit of of 1.5 dollars per a trouser. with a loan of 35 dollars i will be able to buy 10 trousers, i will be able to make 15 dollars profit after the sales.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Jul 3, 2018
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Summary
Amount repaid
$35.89
Amount remaining
$0.00
Date repaid
Aug 2, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 16, 2018 | $7.88 | Jul 9, 2018 | $7.88 |
| Jul 23, 2018 | $7.88 | Jul 21, 2018 | $7.88 |
| Jul 30, 2018 | $7.88 | Jul 30, 2018 | $7.88 |
| Aug 6, 2018 | $7.88 | Jul 30, 2018 | $7.88 |
| Aug 13, 2018 | $4.36 | Aug 2, 2018 | $4.36 |
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