Name
Joyce
Member since
July 2018
On-time repayments
4 installments • 25%
am a kenyan citizen born in a family which had so many difficulties with general necessities like food and clothes thus learning for me seemed like a nightmare as fees and books were a problem to get .I struggled through and managed to finish studying though I could not pursue more studies due to lack of more funds, so I had to think of something of which a business idea crept into my mind and with the little I had I started a small shop with the basic necessities needed around the area thus tapping customers.the business grew very well and with no time I started making a fortune for the family while also providing cash for more stock and rent.
my main income comes from my business which I have been operating for several years while trying to make it more bigger and more and attract more customers.thus I decided to apply for a loan in order to cater for eixtra expenses and also rent another room for displaying my products with their nametags and prices which will also in one way or the other improve me financially.I would also like to add new products to my business which will attract new customers and make my businesses grow and become more connected to the bigger world of business men and women.The loan being available would offer more financial stability to the business thus giving me stability and financial power to venture into untapped business opportunities
with my business getting more customers j will need to expand it by buying new products:
clothes; 200
shoes;400
vegetables; 500
biscuits; 100
Colgate;100
with this new products and items I will try to create a new chain of customers who will be needing them thus improving me financially and through profit also repay the loan and build a good paying rate.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Jul 27, 2018
Repayment status
Late
Projected term
3 weeks
Other loans
Amount repaid
$0.12
Amount remaining
$9.88
Expected completion
Aug 19, 2018
Status
Repaying late
Installment amount
$3.34
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 5, 2018 | $3.34 | Jul 24, 2018 | $0.12 |
Aug 12, 2018 | $3.34 | ||
Aug 19, 2018 | $3.32 |
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