Michael
Nakuru, Kenya
100% repaid
Name
Michael
Member since
January 2015
On-time repayments
34 installments • 29%
I am a Kenyan citizen from Migori county. Was born and brought up in a small village named Central Kamagambo. Am the only child of Mr. Joseph Okendo and Leonida Okendo. My father is a public transport driver while my mum is a house wife. So meeting my education expenses and family needs seems hard at times and it forced me to drop out of school around three times before i finally completed my diploma in sales and marketing.
I sell charcoal. I decided to start this business because i realized there was high demand of charcoal around where i stay and i also had to consider the capital which i had this is the only business i could. But for the short period i have been in this business i have realized with your support i can expand my business and meet the demand of my customers which have not been able to meet to date.
With this loan i will increase my stock by 10 bags of charcoal, will be able to rent a small shop where i can comfortably sell my charcoal under a shade. With 10 bags more i will meet the demands of my customers.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 2, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
United States
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Amount repaid
$102.57
Amount remaining
$0.00
Date repaid
Mar 22, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 15, 2015 | $17.09 | Feb 15, 2015 | $17.09 |
Feb 22, 2015 | $17.09 | Feb 23, 2015 | $17.09 |
Mar 1, 2015 | $17.09 | Mar 1, 2015 | $17.09 |
Mar 8, 2015 | $17.09 | Mar 9, 2015 | $17.09 |
Mar 15, 2015 | $17.09 | Mar 15, 2015 | $17.09 |
Mar 22, 2015 | $17.12 | Mar 22, 2015 | $17.12 |
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