Name
Wilfred
Member since
June 2015
On-time repayments
122 installments • 72%
I am from a family that is not well of, though we had a small farm where we did cashcrop farming. But when we grew up the farm was subdivided and became small, so i decided to venture into business so that i could meet the needs of my family. I have three children and a lovely wife.
So i collected some money and started a business. i desire to give my kids the best education which i did not manage to access.
My main business is a small garage that i operate from under a tree, where i repair motocycles and bicycles. I make about five to seven thousand every week. i also operate a small car wash, from where i get more capital to pay one of my workers.
I like this business because around my area, there are not many affordable garages and car wash. So my under tree business has been a success so far.
I chose this business because it is easy to operate and it does not involve alot of costs.
I use most of my earning to feed and educate my kids
I need a loan to buy a car wash machine , now that i had managed to buy a big water reservoir tank with my first loan.
140 dollars- to add to what i have to buy a car wash machine
10 dollars to buy a hose pipe
30 dollars to buy cement and sand to make a platform from where i do the washing
20 dollars -to pay for labour in making the platform
Thanks for supporting me
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$204.00
Date disbursed
Sep 5, 2015
Repayment status
On Time
Projected term
3 months
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Amount repaid
$213.17
Amount remaining
$0.00
Date repaid
Dec 20, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 13, 2015 | $15.00 | Sep 13, 2015 | $15.00 |
Sep 20, 2015 | $15.00 | Sep 29, 2015 | $15.00 |
Sep 27, 2015 | $15.00 | Sep 29, 2015 | $15.00 |
Oct 4, 2015 | $15.00 | Oct 5, 2015 | $15.00 |
Oct 11, 2015 | $15.00 | Oct 11, 2015 | $15.00 |
Oct 18, 2015 | $15.00 | Oct 18, 2015 | $15.00 |
Oct 25, 2015 | $15.00 | Oct 25, 2015 | $15.00 |
Nov 1, 2015 | $15.00 | Nov 1, 2015 | $15.00 |
Nov 8, 2015 | $0.00 | ||
Nov 15, 2015 | $2.00 | Nov 15, 2015 | $2.00 |
Nov 22, 2015 | $2.00 | Nov 22, 2015 | $2.00 |
Nov 29, 2015 | $2.00 | Nov 29, 2015 | $2.00 |
Dec 6, 2015 | $20.00 | Dec 6, 2015 | $20.00 |
Dec 13, 2015 | $30.00 | Dec 13, 2015 | $30.00 |
Dec 20, 2015 | $37.17 | Dec 20, 2015 | $37.17 |
Ondrej Gutten Jul 2, 2017
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