Entrepreneur
Name
John
Member since
October 2013
On-time repayments
170 installments • 99%
About Me
I am a very jovial person with many friends. I come from a very small family of four. My mum has just me and my big brother, Samuel Shehi as children. I love watching Indian movies on my leisure time.I also have many friends who keep me company in business daily. I am the lastborn to my mother so I have to see her daily either by sharing lunch or breakfast together. I live very close to my mother unlike my brother Shehi who I only meet when at Mazeras shopping centre. He is very supportive of me.
My Business
I had always have this great passion for a driver's job. I placed all my success in life on getting a driver's position in a transport company. Despite not getting a driver's job, I have not let that drag me down. I did many unskilled jobs for a long time. To my disadvantage, these jobs do not pay well enough so I had to live with low standards of living and lack of work for long periods. As a result, I tried my hand in business. I have been in several small businesses: Charcoal selling, Cassava frying & Potato frying. Of all, I have had much success in charcoal selling due to high demand of the commodity in my area.
Loan Proposal
I have had success in my charcoal business. I see more potential in charcoal due to high demand of the commodity. Currently, i sell at least three sacks( costing $7/sack) of charcoal( packed in bags selling at $0.25/pc ) per week. Additionally, charcoal is non-perishable so am assured of selling every bag i buy. Charcoal is widely used in my are (Mazeras) for cooking. With this loan I will be making an additionally profit of about $20 per week. I will repay with $13 and keep $7 as savings for emergencies. Help me take my business a step further, dear lenders.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 21, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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Summary
Amount repaid
$274.15
Amount remaining
$0.00
Date repaid
Jun 12, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 3, 2014 | $13.71 | Feb 1, 2014 | $13.71 |
| Feb 10, 2014 | $13.71 | Feb 1, 2014 | $0.41 |
| Feb 8, 2014 | $13.29 | ||
| Feb 17, 2014 | $13.71 | Feb 8, 2014 | $0.82 |
| Feb 16, 2014 | $12.88 | ||
| Feb 24, 2014 | $13.71 | Feb 16, 2014 | $1.24 |
| Feb 23, 2014 | $12.47 | ||
| Mar 3, 2014 | $13.71 | Feb 23, 2014 | $1.65 |
| Mar 2, 2014 | $12.06 | ||
| Mar 11, 2014 | $13.71 | Mar 2, 2014 | $2.06 |
| Mar 11, 2014 | $11.65 | ||
| Mar 18, 2014 | $13.71 | Mar 11, 2014 | $2.47 |
| Mar 17, 2014 | $11.24 | ||
| Mar 25, 2014 | $13.71 | Mar 17, 2014 | $2.88 |
| Mar 25, 2014 | $10.82 | ||
| Apr 1, 2014 | $13.71 | Mar 25, 2014 | $3.29 |
| Mar 30, 2014 | $10.41 | ||
| Apr 8, 2014 | $13.71 | Mar 30, 2014 | $3.71 |
| Apr 8, 2014 | $10.00 | ||
| Apr 15, 2014 | $13.71 | Apr 8, 2014 | $4.12 |
| Apr 14, 2014 | $9.59 | ||
| Apr 22, 2014 | $13.71 | Apr 14, 2014 | $4.53 |
| Apr 22, 2014 | $9.18 | ||
| Apr 29, 2014 | $13.71 | Apr 22, 2014 | $4.94 |
| Apr 29, 2014 | $8.76 | ||
| May 6, 2014 | $13.71 | Apr 29, 2014 | $5.35 |
| May 6, 2014 | $8.35 | ||
| May 13, 2014 | $13.71 | May 6, 2014 | $5.76 |
| May 12, 2014 | $7.94 | ||
| May 20, 2014 | $13.71 | May 12, 2014 | $6.18 |
| May 20, 2014 | $7.53 | ||
| May 27, 2014 | $13.71 | May 20, 2014 | $6.59 |
| May 26, 2014 | $7.12 | ||
| Jun 3, 2014 | $13.71 | May 26, 2014 | $7.00 |
| Jun 2, 2014 | $6.71 | ||
| Jun 10, 2014 | $13.71 | Jun 2, 2014 | $7.41 |
| Jun 9, 2014 | $6.29 | ||
| Jun 17, 2014 | $13.71 | Jun 9, 2014 | $13.71 |
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