Francis
Gakoromone, Kenya
100% repaid
Name
Francis
Member since
April 2013
On-time repayments
293 installments • 65%
l am the first born in my family among four children,we have been brought up by a single mother due to the divorce which occured when l was young when l did not know anything just am being told what happened,l live at gakoromone in meru with one wife whom l married year 2010 and we have been blessed with one duaghter,l am a business man having a passion of prospering in life,as far as my education is concerned l am a form four leaver who sat for k.c.e.s exam year 2005,in the year 2006 l was employed as a sales man in a certain jua kali in meru up to last year a month of six[june],after one month l started my own business in order to cater for my needs together with my family,l purchase more stock with some earnings which l get from my business inorder to keep my business alive.
as l have indicated above,l started my business last year 2012 in month of seven[july] since l had gained alot of experience from where l was employed,l deal with making and selling of jua kali product such as jikos,ngatas,sufurias,metal buckets etc,they are highly demanded since most them are household goods which one cannot do without,my customers prefer my goods because they are of good quality and that whenever any customer visit me l handle him or her with due respect as l can,my business is profitable because whenever customer visit me at first time he or she feels to come later and when he or she will becoming later there will be an introduction a new customer, secondly l manage properly the profit which l get from the business,my business face a risk of competition,my typcal monthly costs is 17,000kenya shillings while monthly sales is 35,000kenya shillings and lastly my monthly profit is 18,000kenya shillings.NB among this profit the basic needs have not been deducted.
I will be able to buy more materials with 74.3USD and inturn l will make ngatas.This ngatas will help my customers so much since they will fench rain water from there roofs since next month around 15th OCT rain will start raining.As a result of this l will be able to add to my business a profit of 30USD.Thank you so much as you prepare to fund me.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$80.00
Date disbursed
Oct 6, 2015
Repayment status
On Time
Projected term
3 months
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Amount repaid
$83.60
Amount remaining
$0.00
Date repaid
Jan 7, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 18, 2015 | $5.00 | Oct 17, 2015 | $5.00 |
Oct 25, 2015 | $5.00 | Oct 25, 2015 | $5.00 |
Nov 1, 2015 | $5.00 | Oct 30, 2015 | $5.00 |
Nov 8, 2015 | $5.00 | Nov 5, 2015 | $5.00 |
Nov 15, 2015 | $5.00 | Nov 12, 2015 | $5.00 |
Nov 22, 2015 | $5.00 | Nov 20, 2015 | $5.00 |
Nov 29, 2015 | $5.00 | Nov 28, 2015 | $5.00 |
Dec 6, 2015 | $5.00 | Dec 4, 2015 | $5.00 |
Dec 13, 2015 | $1.00 | Dec 11, 2015 | $1.00 |
Dec 20, 2015 | $1.00 | Dec 20, 2015 | $1.00 |
Dec 27, 2015 | $10.00 | Dec 25, 2015 | $10.00 |
Jan 3, 2016 | $10.00 | Jan 3, 2016 | $10.00 |
Jan 10, 2016 | $21.60 | Jan 7, 2016 | $21.60 |
Margaret Sep 12, 2017
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