Fare issue

George

Migori, Kenya

Funds disbursed

$0 to go

100% funded of $10 goal

0

days left

Entrepreneur

Name

George

Member since

July 2018

On-time repayments

4 installments  •  25%

About Me

I am George Ochieng Abura from Migori kenya, am the second born in the family of seven, three girls and four boys, My father had seven wives and my mom was the fifth wife.
Growing up in this family was difficult as we were many in the homestead.. Since my dad had many sons and daughters, the responsibility of education was entirely left to our mothers, our mother on her side, tried to her best to see in School , but because she had no well paying job, she only managed to educate us up-to high school.
We could not go beyond High school due to lack of school fee, so I started to odd jobs...(any available job) to support myself ..and saves some. In 2014 I got employed by a certain Sugar company in our area, as a casual worker.. and worked for one year , before I and others were dismissed under unclear circumstances. I used my savings to open my Barber shop, and also used some to purchase credit cards which I later sell to retailers.

My Business

I decided to open Barber shop after doing a research in my area, I found that the area had no barber shop, and the area is surrounded by several High schools and Primary schools which make the business a good deal.
I make a good profit especially when the students are on Holiday and schools are opened after holiday. In between, I also take home good cash almost everyday. I also sell credit cards to retailer every morning before I open my Barber shop ..credit cards, though it has low profit per day, but it's something which sell out very fast everyday, I entire saved the profit from this, since I have a plan of opening a Mpesa Shop.

Loan Proposal

Since I usually make travel every morning, to different places as I distribute credits cards to shop, I will use the loan as a fare to those places and back

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jul 30, 2018

Repayment status

Late

Projected term

3 weeks

Other loans

Lenders

Cloudways

Malta, Malta

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Summary

Amount repaid

$0.00

Amount remaining

$10.00

Expected completion

Aug 24, 2018

Status

Repaying late

Installment amount

$3.34

Repayment History

Expected Payments Actual Payments
Aug 10, 2018 $3.34
Aug 17, 2018 $3.34
Aug 24, 2018 $3.32

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