Loan to increase stock for my shop (soap, wheat flour, soft drinks)
Ooko
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Ooko
Member since
August 2015
On-time repayments
115 installments • 18%
About Me
Am a first born in a family of four, a business man and a born again person.
Missing out on university education due to inability to pay fees was the lowest moment of my life. But i picked myself up did manual jobs, and after saving the little monies i got after sometime, i was able to start up my business.
My hobbies include swimming, travelling and listening to music.
My Business
My business is basically a shop which deals in home supplies.
I decided to start this kind of business because i thought the demand was sufficient to sustain it.
My typical costs include:
rent-$80
county permit-$30
water and electricty bill -$25
While revenue usually averages $340
I have been re investing most of the profits back into the business.
Loan Proposal
With this loan i will increase the stock volume by purchasing the following items;
Wheat flour- $14
Soap-$28
Soft drinks-$18
This will improve the business stock volume thereby boosting the business' ability to satisfy customers.
After settling the loan inclusive of the membeship fees, i project an increase in profits by atleast 3%.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 1, 2015
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
United States
Sweden
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Summary
Amount repaid
$156.74
Amount remaining
$0.00
Date repaid
Jan 2, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 13, 2015 | $10.00 | Sep 14, 2015 | $10.00 |
| Sep 20, 2015 | $0.00 | ||
| Sep 27, 2015 | $2.00 | Sep 21, 2015 | $2.00 |
| Oct 4, 2015 | $2.00 | Sep 28, 2015 | $2.00 |
| Oct 11, 2015 | $2.00 | Oct 5, 2015 | $2.00 |
| Oct 18, 2015 | $2.00 | Oct 12, 2015 | $2.00 |
| Oct 25, 2015 | $2.00 | Oct 19, 2015 | $2.00 |
| Nov 1, 2015 | $2.00 | Oct 26, 2015 | $2.00 |
| Nov 8, 2015 | $2.00 | Nov 2, 2015 | $2.00 |
| Nov 15, 2015 | $2.00 | Nov 16, 2015 | $2.00 |
| Nov 22, 2015 | $2.00 | Nov 16, 2015 | $2.00 |
| Nov 29, 2015 | $2.00 | Nov 16, 2015 | $0.20 |
| Nov 23, 2015 | $1.80 | ||
| Dec 6, 2015 | $2.00 | Nov 23, 2015 | $0.20 |
| Nov 30, 2015 | $1.80 | ||
| Dec 13, 2015 | $2.00 | Nov 30, 2015 | $2.00 |
| Dec 20, 2015 | $2.00 | Nov 30, 2015 | $2.00 |
| Dec 27, 2015 | $2.00 | Nov 30, 2015 | $2.00 |
| Jan 3, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jan 10, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jan 17, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jan 24, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jan 31, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Feb 7, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Feb 14, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Feb 21, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Feb 28, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Mar 6, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Mar 13, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Mar 20, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Mar 27, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Apr 3, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Apr 10, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Apr 17, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Apr 24, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| May 1, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| May 8, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| May 15, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| May 22, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| May 29, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jun 5, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jun 12, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jun 19, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jun 26, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jul 3, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jul 10, 2016 | $2.00 | Nov 30, 2015 | $2.00 |
| Jul 17, 2016 | $1.20 | Nov 30, 2015 | $1.20 |
| Jul 24, 2016 | $61.54 | Dec 21, 2015 | $10.75 |
| Dec 28, 2015 | $2.00 | ||
| Jan 2, 2016 | $48.79 | ||
| Jul 31, 2016 | $0.00 | ||
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