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 am requesting for this loan so that i can buy a car washing machine which costs 250 dollars. I will add equally use the loan plus the money i have saved to buy a bigger water tank to use in the cars wash
I already have a car wash though i use rags to wash cars and motorbikes and then this makes my job slow and not good enough for my customers.
I will highly appreciate any assistance offered.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 6, 2015
Repayment status
On Time
Projected term
6 weeks
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Amount repaid
$104.49
Amount remaining
$0.00
Date repaid
Aug 23, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 19, 2015 | $17.41 | Jul 19, 2015 | $17.41 |
Jul 26, 2015 | $17.41 | Jul 26, 2015 | $17.41 |
Aug 2, 2015 | $17.41 | Aug 2, 2015 | $17.41 |
Aug 9, 2015 | $17.41 | Aug 9, 2015 | $17.41 |
Aug 16, 2015 | $17.41 | Aug 16, 2015 | $17.41 |
Aug 23, 2015 | $17.43 | Aug 23, 2015 | $17.43 |
Ondrej Gutten Jul 2, 2017
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