Entrepreneur
Name
Fredrick
Member since
January 2016
On-time repayments
67 installments • 100%
About Me
Tell your story in at least 300 characters
I was born 48 years back. My father did not fancy education. I was thus educated by my mother up to university. I did a lot of manual labor to raise college fees and upkeep.
I have always wanted to be independent. I thus started thinking of starting a small school. My people value education a lot. My daughter wants to become an engineer and I keep encouraging her a lot.
I enjoy watching movies. I can sit a whole day patiently watching a story unfold.
My Business
Describe your business or income source in at least 300 characters
Currently I provide accommodation. I give rooms and get some rent. Houses are in demand as people who come to work in the town I live need accommodation and a place to stay. It was easy to run as it does not involve me a lot. I intend to convert the rooms into a school once I raise the funds. Currently the costs are minimum apart from expansion. The tenants pau rent which is my revenue. I save and expand. I pay fees for children and meet my other life demands.
Loan Proposal
With the loan of 27,940 shillings, I will buy 500 construction blocks at 20,000 kenya shillings. With the shillings 7,940 I will take to the hard ware shop for more cement. this will afford me about 12 bags of 50kg cement. This will go a long way in constructing the walls of the house.
I am optimistic I will make it.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$281.00
Date disbursed
Sep 2, 2016
Repayment status
On Time
Projected term
3 months
Lenders
Seattle, Washington, United States
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Summary
Amount repaid
$295.04
Amount remaining
$0.00
Date repaid
Dec 13, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 13, 2016 | $21.15 | Sep 13, 2016 | $21.15 |
| Sep 20, 2016 | $21.15 | Sep 20, 2016 | $21.15 |
| Sep 27, 2016 | $21.15 | Sep 27, 2016 | $21.15 |
| Oct 4, 2016 | $21.15 | Oct 4, 2016 | $21.15 |
| Oct 11, 2016 | $21.15 | Oct 11, 2016 | $21.15 |
| Oct 18, 2016 | $21.15 | Oct 18, 2016 | $21.15 |
| Oct 25, 2016 | $21.15 | Oct 25, 2016 | $21.15 |
| Nov 1, 2016 | $21.15 | Nov 1, 2016 | $21.15 |
| Nov 8, 2016 | $21.15 | Nov 8, 2016 | $21.15 |
| Nov 15, 2016 | $21.15 | Nov 15, 2016 | $21.15 |
| Nov 22, 2016 | $21.15 | Nov 22, 2016 | $21.15 |
| Nov 29, 2016 | $21.15 | Nov 29, 2016 | $21.15 |
| Dec 6, 2016 | $21.15 | Dec 6, 2016 | $21.15 |
| Dec 13, 2016 | $20.05 | Dec 13, 2016 | $20.05 |
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