Loan to increase stock for my shop

Ooko

Nairobi, Kenya

11% 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;
Maize flour- $63
Detergents-$63
Lotions-$63

This will improve the business stock volume thereby boosting the business' ability to satisfy customers.
I project an increase in profits by at least 13%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$190.00

Date disbursed

Jan 17, 2016

Repayment status

Late

Projected term

23 months

Other loans

Lenders

PG

Paul Graham

United States

Jennifer

Berlin, Germany

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Summary

Amount repaid

$22.00

Amount remaining

$177.72

Expected completion

Dec 12, 2017

Status

Repaying late

Installment amount

$2.00

Repayment History

Expected Payments Actual Payments
Jan 26, 2016 $5.00 Jan 20, 2016 $5.00
Feb 2, 2016 $2.00 Feb 3, 2016 $2.00
Feb 9, 2016 $2.00 Feb 17, 2016 $2.00
Feb 16, 2016 $2.00 Feb 24, 2016 $2.00
Feb 23, 2016 $2.00 Mar 15, 2016 $2.00
Mar 1, 2016 $2.00 Apr 6, 2016 $1.00
Apr 14, 2016 $1.00
Mar 8, 2016 $2.00 Apr 14, 2016 $1.00
Apr 21, 2016 $1.00
Mar 15, 2016 $2.00 Apr 21, 2016 $1.00
Apr 29, 2016 $1.00
Mar 22, 2016 $2.00 Apr 29, 2016 $2.00
Mar 29, 2016 $2.00 Apr 29, 2016 $1.00
Apr 5, 2016 $2.00
Apr 12, 2016 $2.00
Apr 19, 2016 $2.00
Apr 26, 2016 $2.00
May 3, 2016 $2.00
May 10, 2016 $2.00
May 17, 2016 $2.00
May 24, 2016 $2.00
May 31, 2016 $2.00
Jun 7, 2016 $2.00
Jun 14, 2016 $2.00
Jun 21, 2016 $2.00
Jun 28, 2016 $2.00
Jul 5, 2016 $2.00
Jul 12, 2016 $2.00
Jul 19, 2016 $2.00
Jul 26, 2016 $2.00
Aug 2, 2016 $2.00
Aug 9, 2016 $2.00
Aug 16, 2016 $2.00
Aug 23, 2016 $2.00
Aug 30, 2016 $2.00
Sep 6, 2016 $2.00
Sep 13, 2016 $2.00
Sep 20, 2016 $2.00
Sep 27, 2016 $2.00
Oct 4, 2016 $2.00
Oct 11, 2016 $2.00
Oct 18, 2016 $2.00
Oct 25, 2016 $2.00
Nov 1, 2016 $2.00
Nov 8, 2016 $2.00
Nov 15, 2016 $2.00
Nov 22, 2016 $2.00
Nov 29, 2016 $2.00
Dec 6, 2016 $2.00
Dec 13, 2016 $2.00
Dec 20, 2016 $2.00
Dec 27, 2016 $2.00
Jan 3, 2017 $2.00
Jan 10, 2017 $2.00
Jan 17, 2017 $2.00
Jan 24, 2017 $2.00
Jan 31, 2017 $2.00
Feb 7, 2017 $2.00
Feb 14, 2017 $2.00
Feb 21, 2017 $2.00
Feb 28, 2017 $2.00
Mar 7, 2017 $2.00
Mar 14, 2017 $2.00
Mar 21, 2017 $2.00
Mar 28, 2017 $2.00
Apr 4, 2017 $2.00
Apr 11, 2017 $2.00
Apr 18, 2017 $2.00
Apr 25, 2017 $2.00
May 2, 2017 $2.00
May 9, 2017 $2.00
May 16, 2017 $2.00
May 23, 2017 $2.00
May 30, 2017 $2.00
Jun 6, 2017 $2.00
Jun 13, 2017 $2.00
Jun 20, 2017 $2.00
Jun 27, 2017 $2.00
Jul 4, 2017 $2.00
Jul 11, 2017 $2.00
Jul 18, 2017 $2.00
Jul 25, 2017 $2.00
Aug 1, 2017 $2.00
Aug 8, 2017 $2.00
Aug 15, 2017 $2.00
Aug 22, 2017 $2.00
Aug 29, 2017 $2.00
Sep 5, 2017 $2.00
Sep 12, 2017 $2.00
Sep 19, 2017 $2.00
Sep 26, 2017 $2.00
Oct 3, 2017 $2.00
Oct 10, 2017 $2.00
Oct 17, 2017 $2.00
Oct 24, 2017 $2.00
Oct 31, 2017 $2.00
Nov 7, 2017 $2.00
Nov 14, 2017 $2.00
Nov 21, 2017 $2.00
Nov 28, 2017 $2.00
Dec 5, 2017 $2.00
Dec 12, 2017 $0.72

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